Senior Fund Administrator Job at Northern Trust, Chicago, IL

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  • Northern Trust
  • Chicago, IL

Job Description

Base pay range $114,700.00/yr - $194,900.00/yr Additional compensation types Annual Bonus Fund Administrator Specialist will be responsible for: Fund Administration Support – perform and oversee daily fund administration tasks as needed including account reconciliations, NAV calculations, financial statement reviews, and independent price testing to ensure timely and accurate completion of deliverables. Cross-Team Collaboration – serve as an expert resource within the dedicated client team, providing back up support, assisting with complex client needs and driving cross functional projects as assigned. Operational Bench Strength – act as a flexible resource within the fund administration team stepping in to handle key tasks during periods of increased volume, staffing transitions, or specialized project needs. Process Improvement – identify and recommend process enhancements to improve accuracy, efficiency, and scalability within the fund administration workflows, working closely with internal teams and client to implement best practices. Documentation and Training – create and maintain comprehensive documentation for all fund administration processes and lead training sessions to strengthen overall team knowledge and bench depth Qualifications Degree in Accounting and a CPA is a plus Prior FOS Assurance experience at a Big 4 is a plus. Exceptional Depth in Fund Administration & Oversight: Ideal candidate should have 5+ years of progressive experience, encompassing hands-on NAV calculation, reconciliation, financial reporting, and the oversight of third-party administrators for diverse fund structures (public, private, hedge funds). A technical expertise in Fund Administration is vital to this role. Proven Process Improvement & Project Leadership: A track record of identifying and implementing efficiencies, process improvement measures and heading up technology and improvement projects. Consultative & Collaborative Subject Matter Expert: Ability to collaborate across front, middle, and back-office groups on complex fund events and NAV error remediation to \"serve as an expert resource, handle complex client needs, and drive Cross-Team Collaboration.\" Seniority level Mid-Senior level Employment type Full-time Job function Accounting/Auditing Finance Consulting Industries Investment Management Venture Capital and Private Equity Principals #J-18808-Ljbffr Northern Trust

Job Tags

Full time, Flexible hours,

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