Northern Trust

Fund Accountant – Fund Fee Setup (1 Year Contract)

Luxembourg, Luxembourg, Luxembourg
09 May 2019
09 Jun 2019
Approved employers
Approved employer
Job role
Contract type
Full time

Senior Fund Accountant

Main Responsibilities

A Senior Fund Accountant within the Fund and Fee Setup Department is responsible for:

  • Establishment of the Fee budget for each Sub-Funds
  • Fee setup of the client agreed budget in GP3 (Global Portfolio) fund accounting application
  • Posting of accounting entries
  • Monthly monitoring of the fee budget accruals
  • Creation and maintenance of Performance Fee Model
  • Monitoring of NAV fluctuation and control of outstanding items
  • Calculation of the ongoing charges (KIID reporting)
  • Fund Mergers and Fund currency conversions
  • Creation of Funds and Share classes + creation of Fund and Transfer Agency calendar
  • Monthly monitoring of the calendar setup.
  • Interaction with external vendors, e.g CBL, CSSF; FUNDSQUARE.


  • Degree (University) in economics/business administration/accounting or Final secondary school examinations
  • Work experience in a similar position and environment and sound experience in fund accounting desirable
  • Good knowledge of accounting principles and transfer agency.
  • GP3 knowledge is a must, good command of Excel. An experience on transfer agency domain will be considered as an advantage.
  • Ability to work under pressure and meet strict deadlines.
  • Very good teamwork and communication skills.
  • A very good command of English is essential. Knowledge of German or French an advantage

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.

As of December 31, 2018, Northern Trust Corporation had:

  • $10.1 trillion in assets under custody/administration
  • $7.6 trillion in assets under custody
  • $1.1 trillion in assets under management
  • $132 billion in banking assets

As Northern Trust is a financial organisation; all new employees will be required to undergo a criminal record check.

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

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