Assistant Treasurer - Northern Funds

Northern Trust

  • Chicago, IL
  • $114,500-194,700 per year
  • Permanent
  • Full-time
  • 1 day ago
About Northern Trust:Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.Northern Trust is proud to provide innovative financial services and guidance to the world’s most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.Job Description Summary:Responsible for ensuring policies and procedures are followed to ensure financial statements are prepared in accordance with GAAP. In this role reporting to the Treasurer of Proprietary 40 Act Funds, responsibilities include oversight of Asset Management’s Accounting/Financial Reporting, Controls, Operations and 40 Act Regulatory adherence for the 1940 Act Funds. Also, acts as the liaison with other Northern Trust partner areas, financial and accounting groups, and regulatory reporting groups.Duties and Responsibilities:
  • Possess strong working knowledge of Financial Reporting, Tax Reporting, Treasury/Budgeting and Fund Accounting affecting regulated and unregulated investment companies.
  • Understand GAAP for investment companies as well as financial statement presentation and disclosure rules established under Regulation S-X, Form N-1A and the Investment Company Act of 1940.
  • Establish and maintain disclosure controls and procedures and internal controls over financial reporting under the Investment Company Act of 1940.
  • Prepare and support items presented to independent Mutual Fund Board.
  • Seasoned multi-disciplinary expert with extensive technical and / or business knowledge and functional expertise
  • Focus of role is on execution of strategic direction of business function activities
  • Carries out complex initiatives involving multiple disciplines and/or ambiguous issues
  • Displays a balanced, cross-functional perspective, liaising with the business to improve efficiency, effectiveness and productivity
  • Participates in developing division strategic plan and sets goals and priorities based on the direction set for the unit; follows through to ensure that objectives are met
Knowledge:
  • Excellent oral and written communication skills.
  • In-depth Functional / Industry Knowledge of Asset Management and Treasury Services.
  • Highly flexible and adaptable to change.
  • Leadership and organizational skills are required to determine the Business Unit's goals, resources needed, and to assess and develop the skills of staff.
Experience:
  • A College or University degree and minimum of 10 years of proven related work experience.
  • CPA preferred.
Salary Range: $114,500 - 194,700 USDSalary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.Working with Us:As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.We’d love to learn more about how your interests and experience could be a fit with one of the world’s most admired and sustainable companies! Build your career with us and apply today. #MadeForGreaterReasonable accommodationNorthern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at .We hope you’re excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.Apply today and talk to us about your flexible working requirements and together we can achieve greater.

Northern Trust