Senior Manager, Fund Accounting - Operations & Control

About Northern Trust

As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families, corporations and institutions.

Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide.

With more than 135 years of financial experience and over 24,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

What you will do

The Senior Fund Accounting Manager – Operations & Control manages the Fund Accounting (unit pricing) groups within Northern Trust Australia, providing leadership and guidance to subordinate Team Leads. Conducts the performance management process, identifies training and development needs, and establishes performance standards for the business unit. Makes staffing decisions, and ensures resources are available to accomplish priorities. Acts as a subject area expert and directs activities of staff. Develops and maintains specific subject expertise and advises businesses management, and relevant third parties. Provides advice to internal clients on the implications of business trends, issues, operating environment changes and firm or business unit strategy. Responsible for interacting with various business areas to determine automation needs and provide ongoing systems support. Provides leadership and guidance to staff, fostering an environment that encourages employee participation, teamwork, and communication.

The Senior Fund Accounting Manager – Operations & Control is principal point of escalation for service delivery to our clients, and needs to develop and foster relationships with clients, external stakeholders and internal Northern Trust partners to better understand the needs of the client and articulate those needs in order to collaborate on process improvements, strengthening client satisfaction with NT’s services and other end-to-end enhancements that are dependent on the use of NT’s fund accounting data.

Major Duties include:

• Manages the Fund Accounting (unit pricing) business groups.
• Conducts performance management and career development processes, provides input for staffing and disciplinary actions and provides hands-on training to staff
• Develops periodic goals, organizes the work, sets short-term priorities, monitors all activities, and ensures timely and accurate completion of the work
• Provides input and support to budget management process
• Maintains risk management and compliance programs and activities for their assigned group Operates independently; has in-depth knowledge of business unit / function As subject area expert, provides comprehensive, in-depth consulting and leadership to team and partners at a high technical level
• Carries out activities that are large in scope, cross-functional and technically difficult Role is balanced between high level operational execution and development, and execution of strategic direction of business function activities
• Responsible for direct interaction with different committees and/or management
• Strategic in developing, implementing and administering programs within functional areas
• Displays a balanced, cross-functional perspective, liaising with the business to improve efficiency, effectiveness and productivity
• Provides leadership and guidance to staff, fostering an environment that encourages employee participation, teamwork, and communication
• Proactively manages and monitors the risk profile of the Fund Accounting business to ensure it remains within the risk appetite of the firm

Your Knowledge/Skills:

• Strong technical knowledge of Australia Fund Accounting operational processes, business controls and technical system specifics.
• Excellent internal and client relationship management skills.
• Leadership and organizational skills are required to determine the unit goals and resources needed and to assess and develop the skills of the staff. Applies broad industry knowledge and commercial awareness to drive financial performance
• Excellent oral and written communication skills are required
• In-depth Functional / Industry Knowledge is required
• Analytical and problem solving skills are required

Experience:

• Leads through subordinate managers; contributes to the development of functional/operational long-term strategy and aids in the development annual business plans to ensure alignment.
• Appropriate educational background and professional qualifications
• Post qualification experience in increasingly senior roles
• Experience in major financial services business
• Effective communicator with the ability to articulate engage with various internal and clients stakeholders to good business and service delivery outcomes for the business
• Well-developed management and leadership skills
• Coaching and counselling skills

Working with Us

As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to an inclusive workplace and assisting the communities we serve.

Philanthropy is deeply rooted in Northern Trust’s history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.

Reasonable Accommodation

Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at [email protected], or alternatively you can discuss your individual requirements with the recruiter you are working with.