Assistant Treasurer - 1940 Act Funds

About the role

Northern Trust is a global leader in wealth management, asset servicing, asset management, and banking services. Founded in 1889, the company adheres to three core principles: Service, Expertise, and Integrity. These principles guide the behavior of its partners, who are called employees, and the services provided to clients and communities worldwide.

Responsibilities

• Oversight of Asset Management’s Accounting/Financial Reporting, Controls, Operations, and 40 Act Regulatory adherence for the 1940 Act Funds.
• Liaison with other Northern Trust partner areas, financial and accounting groups, and regulatory reporting groups.
• Establish and maintain disclosure controls and procedures and internal controls over financial reporting under the Investment Company Act of 1940.
• Prepare and support items presented to independent Mutual Fund Board.

Qualifications

• Strong working knowledge of Financial Reporting, Tax Reporting, Treasury/Budgeting, and Fund Accounting affecting regulated and unregulated investment companies.
• Understanding of GAAP for investment companies and financial statement presentation and disclosure rules established under Regulation S-X, Form N-1A, and the Investment Company Act of 1940.
• Excellent oral and written communication skills.
• In-depth functional and industry knowledge of Asset Management and Treasury Services.
• Seasoned multi-disciplinary expert with extensive technical and/or business knowledge and functional expertise.
• Focus on executing strategic direction of business function activities.
• Displays a balanced, cross-functional perspective, liaising with the business to improve efficiency, effectiveness, and productivity.
• Participates in developing division strategic plan and sets goals and priorities based on the direction set for the unit; follows through to ensure that objectives are met.
• Knowledgeable about the 1940 Act funds financial reporting experience.
• CPA preferred.

Pay

$108,775 - 184,965 USD

Schedule

Not specified

Benefits

• 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
• Other voluntary and well-being benefits
• Discretionary bonus program with an equity component

Working with Us

As a Northern Trust partner, you will be part of a flexible and collaborative work culture. The company has a strong history of financial strength and stability, and 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.

Reasonable Accommodation

Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. For assistance, please email MyHRHelp@ntrs.com or discuss your individual requirements with the recruiter you are working with.