Associate Specialist, Fund Admin, Hedge Fund Services

Northern Trust Corporation

Base: $95,600 - $162,400 usd; bonus/equity: discre...
Hybrid
Hedge fund administration experience
Oracle erp systems knowledge
Monthly nav close oversight
Northern Trust Corporation is seeking an Associate Specialist for Fund Administration in Hedge Fund Services. This role involves overseeing fund administration and financial control activities, particularly focusing on monthly NAV close and financial reporting for a multi-billion hedge fund client

Job Summary

  • The role is responsible for end-to-end fund administration and financial control activities supporting a multi-billion hedge fund client.
  • Candidates will oversee daily and month-end processing across transaction systems, the SubLedger, and Oracle ERP/FS including journal entry posting and reconciliations.
  • Northern Trust offers a comprehensive benefits package including retirement benefits, health coverage, and a discretionary bonus program with an equity component.

Matching Summary

Match Score: 88

Northern Trust Corporation is seeking an Associate Specialist for Fund Administration in Hedge Fund Services. This role involves overseeing fund administration and financial control activities, particularly focusing on monthly NAV close and financial reporting for a multi-billion hedge fund client.

Salary

Base: $95,600 - $162,400 USD; Bonus/Equity: Discretionary bonus program may include equity; Benefits: Comprehensive package including 401k, pension, medical, dental, vision, and paid time off

Skills & Requirements

Must-have

  • Hedge fund administration experience
  • Oracle ERP systems knowledge
  • Monthly NAV close oversight
  • Investor accounting platforms
  • Financial statement production
  • Reconciliation and break resolution

Nice-to-have

  • Solver mindset for complex issues
  • Process improvement leadership
  • Strong communication skills
  • Adaptability to change
  • Technical accounting expertise

Key Requirements

  • Bachelor's degree in Accounting or Finance
  • 10+ years of hedge fund administration experience
  • CPA or ACCA certification preferred
  • Deep technical expertise in Oracle ERP

Work Rights

Not specified

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