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.

Role/ Department:

The Alternative Funds - NAV Calculation team within the Fund Administration department in Luxembourg. The team is in charge of the accuracy of the net asset value calculations and is responsible of all workflows related to these funds. The team work in close collaboration with external clients and third parties to service Private Equity, Real Estate, and Infrastructure products.
 

The key responsibilities of the role include:

Ensure timely and accurate calculation of the Net Asset Value of the funds assignedPosting accounting entries and performing reconciliationsAct as main point of contact for your client portfolio, internal teams, and fund auditorsOversee the unaudited financial statements and annual reports of administered entitiesProvide assistance to complex NAV queries and problemsSupport management & team on various tasks and projectsMaking recommendations to improve processes for a more efficient serviceYear-end closings (control and review of accounts, closing of accounts)Participation in fund events (merger, liquidation and similar events)

Skills/ Qualifications:

A bachelor’s or master’s degree in Accounting, Economics or Finance2 - 5 years of experience in Fund Accounting, with exposure to Private Equity and/or Real Estate being would be an advantage but not essentialAn understanding of Lux GAAP and accounting principles Strong technical, analytical skills

A good command of Microsoft Excel

The ability to stay on track, even when dealing with deadlinesGood team work and verbal and written communication skillsFluency in English is required

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. #MadeForGreater

Reasonable accommodation

Northern 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 MyHRHelp@ntrs.com.

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.