Consultant (Financial Control) Limerick

Why choose a career in Hedge Fund Services with Northern? :

• Northern Trust has demonstrated a continued commitment to investing in Ireland; our Hedge fund services team has grown exponentially in the last year due to new client wins. We now have almost 100 partners in our Limerick and Dublin offices
• A career with HFS is very varied and exciting. Every day is different and all roles are client facing so we interact with our clients regularly. Within HFS we support clients’ middle office as well as back office responsibilities and as such get greater exposure to the client’s strategy and operation.
• We invest heavily in our people and offer a customized, individually dedicated hedge fund training program to ensure our people can realise their full potential and avail of the diverse range of career opportunities within Hedge Fund Services and Northern Trust Ireland
• To complement the company culture, we support our employees' efforts to balance work and home life, in part by offering family-friendly programs and alternative/flexible work situations
• Our modern compensation package is highly competitive and moreover, intuitive to your stage of life and career

About The Role:

We are currently recruiting for a consultant within our growing Hedge fund services department. From a career development perspective, the individual will learn to work effectively in a fast-paced environment that provides services to sophisticated clients. The individual will get exposure to many different product types across all sectors. The individual will also learn the complete cycle from start to finish when a client executes a trade. This will enable the individual to understand the full picture of hedge fund administration and also be able to effectively engage the appropriate shared service team within HFS.

Principal Responsibilities:

Fund Accounting

• Preparation and review of Operating Expenses for funds on a weekly/monthly basis.
• Production and review of month end Close Packs for various clients on weekly/monthly basis.
• Interact with clients and other to obtain understanding of funds’ activities

Financial Reporting

• Participate in financial statements preparation and review for funds on an annual basis.
• Work directly with external auditors to ensure accuracy of each fund’s annual financial statements.
• Work with shared services teams to ensure timely follow up and completion of audit requests.

Regulatory Reporting

• Participate in the quarterly preparation and review of regulatory reporting for applicable funds.
• Work with the teams in Limerick and Chicago to further improve the existing Annex IV solution.

Other:

• Collaborate with other team members to build scalable operations to meet the service needs of a large portfolio of clients

Skills /Experience Required:

• 3rd level qualification in a finance related discipline
• Qualified Accountant (ACA, ACCA or equivalent)
• Knowledge of hedge funds and other alternative investment structures an advantage
• Knowledge of financial reporting including US GAAP & IFRS financial statements and footnote disclosures an advantage
• Knowledge of financial products and related accounting
• General regulatory knowledge /European Regulatory knowledge
• Financial analysis
• Client service experience

About Northern Trust:

For more than a century, Northern Trust has worked hard building our legacy of outstanding service, expertise and integrity. From a Chicago-based bank founded in 1889, we now have more than 20 international locations and 18,500 employees globally. We serve the world’s most-sophisticated clients – from sovereign wealth funds and the wealthiest individuals and families, to the most-successful hedge funds and corporate brands.

We burnished our reputation as a global leader delivering innovative investment management, asset and fund administration, fiduciary and banking solutions enabled by sophisticated, leading technology. And through it all, we continually laid a solid, forward-looking foundation on which future generations can continue growing and achieving greater.

Northern Trust proudly cultivates a diverse workforce, to serve our diverse client base. We strongly believe that diversity of experience contributes to a broader collective perspective that will consistently lead to a better company. We encourage applications from the best regardless of ethnicity, gender, gender identity, age, nationality, disability, sexual orientation, education, socio-economic background, parental and caring status, or religion.

As of September 30, 2018, Northern Trust Corporation had:

• $10.8 trillion in assets under custody/administration
• $8.2 trillion in assets under custody
• $1.2 trillion in assets under management
• $132 billion in banking assets

For further information, and to apply, please visit our website via the “Apply” button below.