Sr. Financial Analyst - Business Unit Financial Analysis (Asset Management)
About Northern Trust
Northern Trust (Nasdaq: NTRS) is a global leader in innovative wealth management, asset servicing, asset management, and banking services. Founded in 1889, the company is known for its Principles That Endure: Service, Expertise, and Integrity. These principles guide the company's business conduct, instilled in its partners, whom it calls employees.
Senior Analyst Role
The Senior Analyst will support Northern Trust Asset Management (NTAM) Finance's Business Unit (BU) financial reporting, focusing on the BU income statement, relevant carve-outs, and associated key metrics. This role requires collaboration with other NTAM Finance Subject Matter Experts (SMEs) and engagement with other BU finance teams to lead cross-functional financial analysis projects. The ideal candidate should demonstrate strong analytical, critical thinking, and problem-solving skills, as well as proficiency in interpreting data and communicating financial insights effectively.
Responsibilities
- Develop strong relationships and closely coordinate with the business unit on financial performance reporting.
- Participate in the month-end accounting close and reporting processes, preparing analyses of results relative to prior year, prior month, and/or Plan, focusing on key business factors driving financial performance.
- Research variances to understand drivers of results and respond to ad-hoc requests from the business unit for analysis and reporting.
- Participate in forecasting and planning cycles, including strategic and annual plans.
- Manage projects, including planning, organizing, and directing activities towards project goal completion, including ongoing enhancements to management reporting and related system implementations in order to provide key insights to the business unit.
Knowledge/Skills
- 7+ years of experience in FP&A, management reporting, strategic planning, or a related finance role.
- Financial and accounting knowledge with business acumen.
- Industry knowledge is beneficial.
- Competency in interpreting data and deriving meaningful insights & trends.
- Results and detail oriented with ability to prioritize effectively and multi-task.
- Strong analytical, critical thinking, and problem-solving skills.
- Strong oral and written communication skills.
- Experience developing management/board presentations.
- Self-motivated and intellectually curious with the ability to build relationships across diverse teams.
- Proficiency with Office 365 applications, including Excel, PowerPoint, Teams, and Co-pilot to efficiently perform analyses and communicate financial information to various stakeholders.
- Knowledgeable in PeopleSoft, HFM, TM1/Cognos, or other similar systems used for financial accounting/reporting.
- Experience with business intelligence analytical tools required to interpret data, perform analyses, and communicate financial information to various constituents.
- Experience with Tableau and/or Power BI tools strongly preferred.
Working Model
We have a balanced hybrid working model to ensure flexibility 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
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 that may include an equity component