Skip to content
Associate Specialist – Fund Administration – Hedge Fund Services
| Company | Northern Trust |
|---|
| Location | Chicago, IL, USA |
|---|
| Salary | $95600 – $162400 |
|---|
| Type | Full-Time |
|---|
| Degrees | Bachelor’s |
|---|
| Experience Level | Senior |
|---|
Requirements
- A minimum of 5 years of accounting experience
- Experience with hedge funds or private equity funds investor allocations, management fee, and performance fee calculations
- Bachelors degree with emphasis in accounting
- CPA strongly preferred
- Big 4 public accounting experience preferred
- Excellent Excel and MS Office skills
Responsibilities
- Review monthly/quarterly fund investor allocations, management fee, and incentive fee calculations
- Review fund documents in order to interpret and execute allocation requirements
- Build allocation models to support bespoke fund and client requirements
- Work directly with clients, including CFOs and fund controllers, for onboarding, monthly/quarterly deliverables, and escalations
- Serve as a client escalation point for issues, providing direction and judgment calls for internal team while providing necessary client communication to resolve external issue
- Collaborate with other team members to build scalable operations to meet the service needs of a large portfolio of clients
- Consistently look to streamline and automate the reporting/analytical process with the use of technology
- Work closely with technology resources to troubleshoot issues and scope new or desired functionality
Preferred Qualifications
- CPA strongly preferred
- Big 4 public accounting experience preferred
