Sr. Accountant - Financial Close and Consolidation

Posted Yesterday
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Chicago, IL, USA
Hybrid
83K-141K Annually
Senior level
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The Role
Owns monthly close, consolidation, and financial reporting activities. Prepares and reviews statements, journal entries, reconciliations, and analyses. Supports SEC reporting, audits, SOX compliance, and complex accounting matters while driving process improvements and stakeholder communications.
Summary Generated by Built In

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.


This position is part of the Close, Consolidations, and Reporting team within the Corporate Controller's Group and is responsible for owning key aspects of the monthly global close, consolidation, and financial reporting processes for the Corporation. The role partners closely with SEC Reporting, Investor Relations, Finance, Technology, Operations, and other business stakeholders to deliver accurate, timely, and insightful financial information.

The successful candidate will be a highly motivated, proactive accountant who can operate independently, manage multiple priorities, and drive deliverables to completion in a fast-paced environment. In addition to executing close and reporting activities, the individual will be expected to identify risks, solve problems, influence stakeholders, and continuously improve accounting, reporting, and control processes.

This position offers broad visibility across the organization and significant exposure to senior leaders. The role reports to a Vice President in Chicago, who also serves as the ESG Controller. This is a hybrid role based in Chicago, with an expectation to be in the office 60% of the time.

Key Responsibilities
  • Own critical aspects of the monthly close, consolidation, and financial reporting processes.
  • Prepare and review financial statements, journal entries, reconciliations, and supporting analyses.
  • Support SEC reporting, legal entity accounting, and complex accounting matters.
  • Perform financial and variance analysis to identify business drivers, risks, and reporting impacts.
  • Partner with finance, business, audit, and executive stakeholders to communicate results and resolve issues.
  • Drive process improvements, automation initiatives, and control enhancements.
  • Maintain compliance with SOX, internal controls, corporate policies, and audit requirements.
  • Lead cross-functional efforts to deliver accurate, timely, and high-quality reporting.
Qualifications
  • Bachelor's degree in Accounting required; CPA preferred.
  • 7+ years of accounting, financial reporting, close, or consolidation experience.
  • Strong knowledge of U.S. GAAP, financial reporting, consolidations, intercompany accounting, and foreign currency accounting.
  • Experience in a public company, multi-entity, multi-currency environment.
  • Experience supporting audits, SOX compliance, and internal controls.
  • Experience with PeopleSoft, HFM, and/or Workiva preferred.
  • Ability to understand impacts across legal entity, segment, and consolidated reporting.
Core Competencies
  • Strong ownership, accountability, and sound judgment.
  • Excellent analytical, problem-solving, and critical-thinking skills.
  • Ability to manage multiple priorities and meet tight deadlines.
  • Effective communicator with strong stakeholder management skills.
  • Proven ability to drive issues to resolution and influence cross-functional teams.
  • Commitment to continuous improvement, operational excellence, and process efficiency.
  • Advanced proficiency in Excel and Microsoft Office applications.

Working Model: Hybrid (#LI-Hybrid)

We have a balanced hybrid working model to ensure you get the flexibility you need, and the successful candidate will spend their time between working in the office and working from home.

Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa)

Salary Range:

$83,100 - 141,300 USD

Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.


Work Authorization


Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa).


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

  • Bachelor's degree in Accounting
  • CPA
  • 7+ years of accounting, financial reporting, close, or consolidation experience
  • Strong knowledge of U.S. GAAP, consolidations, intercompany accounting, and foreign currency accounting
  • Experience in a public company, multi-entity, multi-currency environment
  • Experience supporting audits, SOX compliance, and internal controls
  • Experience with PeopleSoft, HFM, and/or Workiva
  • Advanced proficiency in Excel and Microsoft Office applications
  • Ability to understand impacts across legal entity, segment, and consolidated reporting
  • Authorized to work in the U.S. without employment-based visa sponsorship

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 Retirement offerings are positioned as a standout, with a 401(k) plus an additional employer-funded pension described as a differentiator. This combination is repeatedly framed as a meaningful offset within total rewards, especially for long-term financial security.
  • Leave & Time Off Breadth Time-off benefits are depicted as generous, spanning paid time off, holidays, and dedicated paid volunteer time. The breadth of leave options is highlighted as a consistent strength that supports work-life balance.
  • Healthcare Strength Health coverage is characterized as comprehensive, typically including medical, dental, vision, and mental-health support through an assistance program. The offering is portrayed as robust and family-supportive, with multiple plan options in some descriptions.

Northern Trust Insights

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The Company
HQ: Chicago, IL
24,000 Employees
Year Founded: 1889

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.

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