Northern Trust

Sr Accountant, Private Equity Accounting

Northern Trust

Chicago, IL, USA
Full-TimeDepends on ExperienceSenior LevelMasters
Job Description

We are seeking a highly skilled and experienced Senior Accountant to join our Private Equity Accounting team at Northern Trust. In this role, you will be responsible for managing the accounting and financial reporting for a portfolio of private equity clients, ensuring accurate and timely reporting in accordance with GAAP and industry standards. The ideal candidate will have a strong background in private equity accounting and a passion for delivering exceptional client service. If you are a detail-oriented, self-motivated individual with a proven track record of success in the financial services industry, we encourage you to apply for this exciting opportunity.

  1. Manage the accounting and financial reporting for a portfolio of private equity clients.
  2. Ensure accurate and timely reporting in accordance with GAAP and industry standards.
  3. Utilize strong background in private equity accounting to effectively manage client accounts.
  4. Provide exceptional client service by building and maintaining strong relationships with clients.
  5. Stay up-to-date on industry regulations and changes in GAAP to ensure compliance in all reporting.
  6. Collaborate with internal teams to ensure accurate and timely delivery of financial information to clients.
  7. Conduct thorough analysis of financial data to identify any discrepancies or errors.
  8. Develop and implement processes and procedures to improve efficiency and accuracy of financial reporting.
  9. Mentor and train junior team members to ensure their understanding of private equity accounting.
  10. Participate in client meetings and provide expert insights and recommendations.
  11. Communicate effectively with clients to address any concerns or questions regarding their financial reports.
  12. Continuously strive for excellence in all aspects of the role and proactively seek opportunities for improvement.
Where is this job?
This job is located at Chicago, IL, USA
Job Qualifications
  • Minimum Of 5 Years Experience In Private Equity Accounting, Preferably With A Focus On Alternative Investments.

  • Bachelor’s Degree In Accounting, Finance, Or Related Field.

  • Strong Understanding Of Gaap And Accounting Principles, Specifically Related To Private Equity Investments.

  • Knowledge Of Partnership Accounting And Tax Allocations For Private Equity Funds.

  • Cpa Certification Preferred, But Not Required.

Required Skills
  • Financial Analysis

  • Financial Reporting

  • TAX PREPARATION

  • Cash flow analysis

  • Portfolio Management

  • Fund accounting

  • Budgeting and Forecasting

  • Asset

  • Investment Valuation

  • Fund Administration

  • Gaap Knowledge

Soft Skills
  • Communication

  • Conflict Resolution

  • Leadership

  • Time management

  • creativity

  • Organizational skills

  • Teamwork

  • Adaptability

  • Problem-Solving

  • Empathy

Compensation

According to JobzMall, the average salary range for a Sr Accountant, Private Equity Accounting in Chicago, IL, USA is $90,000 - $120,000 per year. However, this can vary depending on factors such as experience, qualifications, and the specific company and role.

Additional Information
Northern Trust is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Required LanguagesEnglish
Job PostedApril 2nd, 2025
Apply BeforeMay 22nd, 2025
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About Northern Trust

Northern Trust Corporation is a financial services company that caters to corporations, institutional investors, and ultra high net worth individuals. It is one of the largest banks in the United States and one of the oldest banks in continuous operation.

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