Analyst, Fund Accounting

About Northern Trust

Northern Trust is a Fortune 500 global financial institution, founded in 1889, that provides innovative financial services and guidance to high‑net‑worth individuals, families, and institutions, leveraging more than 130 years of experience and over 22,000 partners.

• Determine Net Asset Value (NAV) for defined contribution and defined benefit plans on a daily basis.
• Evaluate and reconcile mutual, separately managed, commingled, and collective funds, often comparing against benchmarks, for daily valuation.
• Analyze the impact of transactions, income positions, accruals, and corporate actions on portfolio investment options.
• Audit and resolve exceptions on assigned accounts according to procedures and within scheduled time frames.
• Assist in the timely preparation of monthly and annual reports and financial statements in accordance with generally accepted accounting principles and performance standards.
• Record and respond to partner and client inquiries, resolving exceptions related to accounts.
• Valuation of funds on a daily basis.
• Provide client portfolio and 5500 reporting on an annual basis.
• Use initiative for routine tasks while referring more complex problems to supervisors or subject‑matter experts.

• Basic knowledge of accounting, finance, and securities, typically from business coursework and/or prior related experience.
• Analytical and organizational skills required to research and resolve inquiries within scheduled time frames to meet client deadlines.
• Attention to detail and multi‑tasking skills required to value funds accurately and timely.
• Ability to absorb information quickly, work in a fast‑paced environment, and meet deadlines while maintaining accuracy.
• Strong Excel skills and proficiency with Microsoft Power Suite is a plus.
• Bachelor’s degree in Business is preferred; relevant work experience in fund accounting or mutual fund accounting is acceptable.

Salary Range: $41,040 – $61,560 USD.

Benefits include retirement benefits (401k and pension), health, dental, vision, and disability coverage, paid time off, parental and caregiver leave, life and accident insurance, and a discretionary bonus program that may include an equity component.

Applicants must be authorized to work in the U.S. without the need for employment‑based visa sponsorship. Northern Trust does not sponsor visas for this position.

Northern Trust commits to providing reasonable accommodations for individuals with disabilities throughout the employment process. Contact the HR Service Center at  for assistance.