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.
Skills Required
- Strong technical knowledge of Australian fund accounting operational processes, business controls, and technical systems
- Excellent internal and client relationship management skills
- Leadership and organizational skills, including setting goals, allocating resources, and developing staff
- Excellent oral and written communication skills
- In-depth functional and industry knowledge
- Analytical and problem-solving skills
- Appropriate educational background and professional qualifications
- Post-qualification experience in increasingly senior roles
- Experience in a major financial services business
- Ability to communicate effectively with internal and client stakeholders
- Well-developed management and leadership skills
- Coaching and counseling skills
Northern Trust Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Northern Trust and has not been reviewed or approved by Northern Trust.
-
Retirement Support — A 401(k) with company match alongside an employer‑funded defined‑benefit pension is highlighted in employer‑verified materials and filings, setting the retirement package apart from many private employers.
-
Leave & Time Off Breadth — PTO is portrayed as solid overall, and two paid volunteer days per year are clearly documented across corporate materials.
-
Parental & Family Support — Company sources and postings reference paid parental and caregiver leave and recent enhancements to parental benefits, indicating meaningful family support within the package.
Northern Trust Insights
What We Do
As a global leader in innovative wealth management, asset servicing and investment solutions, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families and institutions by remaining true to our enduring principles of service, expertise and integrity. A globally recognized Fortune 500 Company in continuous operation since 1889, we’ve built a legacy of empowering clients to reach their goals with confidence. Since our roots as a trust bank, we’ve grown to a global presence with more than 24,000 employees in more than 20 countries and across six core business units: Wealth Management Asset Management Asset Servicing Technology Corporate Functions Enterprise Operations Join a Team That’s Achieving Greater At Northern Trust, we refer to our employees as partners – with good reason. We understand that relationships are the key to our success. Here you’ll join a diverse and inclusive team of innovators with the drive to challenge the way things have always been done. Instead of choosing between a dynamic career and work-life balance, enjoy working with a team that supports your goals in the office and at home. We’ll help you get where you want to go without sacrificing what matters most to you. Delivering value and adhering to our enduring principles What are enduring principles? Since our founding, they have guided our strategy and success. Thanks to the dedication of our partners, Northern Trust continues to thrive by adhering to three enduring principles: service, expertise and integrity . What does this mean? Service Northern Trust has a relentless drive to provide exceptional service to our clients, our partners and our communities. We set new standards and go above and beyond in our commitment to delivering greater results. Expertise Expertise is at the core of who we are. We focus sharply on what we do well. From expanding our capabilities, to hiring talented professionals to developing innovative solutions, our expertise is why we continue to be a trusted advisor for generations of families and institutions. Integrity Operating with uncompromising ethics is central to Northern Trust’s heritage. As a result, our clients, partners and communities know they can rely on us. For more than 130 years, our integrity has been our guide – and that will never change.
Why Work With Us
At Northern Trust, we go further because we go together. We embrace flexibility, encourage balance, and prioritize inclusion at all levels, working together to keep you connected. We are committed to our employees—all 24,000 of them. Whether this is a first step or a bold new leap in your career, we’re here to help you move forward.
Gallery
