Tech Coord, Hedge Fund Acctng

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

The job requires working for a Global Hedge Fund Administrator, specializing in administering assets of complex hedge funds. This individual will have a strong Technical and Accounting background, experience working within the Financial Services industry. The position involves preparation of monthly NAVs for different hedge fund clients.

Major Duties

• Review of monthly fund and business entity closing summaries for Fund Administrator
• Report and analyze financial data to be disseminated to Fund Administrator's clients and their investors
• Generate estimated performance returns
• Close monthly books and records of the funds to generate final performance figures
• Preparation of Operating expense entries, Balance Sheet and Income statement.
• Calculation of Incentive Fee and Management Fee
• Prepare financial statements for funds
• Interact with clients and other Hedge Fund Administrator teams to obtain understanding of funds' activities
• Consistently look to streamline and automate the reporting/analytical process with the use of technology
• Escalate issues that fall outside normal resolution timeframe

Accountabilities

• Employees are required to comply with the regulatory regime in which Northern Trust operates as appropriate to the above role
• Employees are expected to exercise due care and diligence, ensuring the areas, the incumbent is responsible for, are organised and controlled
• Employees are required to observe proper standards of market, business and personal conduct, demonstrating integrity in the execution of duties
• Reports to TL

Skills

• Self-starter with the ability to function independently in a fast-paced, dynamic and demanding environment
• Good understanding of the basic accounting principles and procedures, familiarity with the Financial markets and instruments
• Strong problem solving skills, detailed and results oriented.
• Ability to evaluate priority and multi-task with minimal supervision
• Excellent spoken and written English and the ability to write Business correspondence
• Proficiency in MS Office (particularly Excel and Word)
• Ability to address internal and external audiences in a professional manner
• Ability to work effectively with project teams and clients
• Demonstrate high ethical standards
• Time management skills

Qualifications:

• A minimum of 4-6 Years of work experience in a Financial Institution
• Experience with Hedge Funds, Investment Management and/or Financial Services strongly preferred
• Bachelor's degree with emphasis in Accounting, Master degree a plus

Eligibility:

24 months as Senior Analyst to move as Technical Coordinator

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

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.

About Our Bangalore Office

The Northern Trust Bangalore office, established in 2005, is home to over 5,600 employees.  In this stunning office, space, we offer fantastic amenities which include our Arrival Hub – Jungle, the GameZone, and the Employee Experience Zone that appeal to both clients and employees. Learn more.