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Financial Analyst
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Full Time | Banking 5 Months Ago
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Northern Trust Corp. is Hiring a Financial Analyst Near Chicago, IL

Summary

The Financial Reporting group provides internal and external clients with assistance related to the annual audits and/or SEC filings across a diverse set of investment company types. The group is responsible for the preparations and reviews of fund financial statements in a timely manner while also ensuring accuracy and quality of the reports. The group provides assistance to audit firms in the processes and procedures associated with their annual fund audits for both the registered and non-registered fund base, as well as ensuring the timely and accurate filing of some SEC forms. The group is currently looking for a Sr. Consultant who possesses experience and expertise in the matters of U.S. GAAP, SEC filings and has deep working knowledge of derivatives.

Knowledge/Skills:

• Detailed knowledge of financial statements, and prior experience in review thereof

• Generally Accepted Accounting Principles(GAAP), including such topics as ASC 815 & 820

• Detail oriented with excellent verbal and written communication skills

• Ability to manage deadlines

• Ability to make difficult decisions and work with limited supervision

• Ability to work in a fast paced environment and manage ambiguity and complexity

• Strong performer with high standards of integrity & work ethic

Major Duties:

1. Review of staff preparation of fund financial statements and schedules of investments as well as coordination and drafting of the notes to the financial statements for annual and semiannual shareholder reports for registered and non-registered funds.

2. Assist with management of the day to day operations of clients, including the organization of reporting cycles.

3. Assist with management of fund and audit/client cycle deadlines to ensure deliverables are met and completing reviews to ensure accurate and timely filings.

4. Technical resource for staff regarding questions related to new investment/derivative products, financial statement preparation questions and auditor questions.

Experience Required:

• 6 - 8 years of recent experience in:

o Financial Reporting group in asset management / financial services industry or

o Public Accounting in asset management / financial services industry

• 3 years of supervisory or management experience

• Degree in accounting or CPA preferred

• Advanced knowledge of Microsoft products

• Knowledge of Global InvestOne, Bloomberg and financial reporting systems a plus

Job Summary

JOB TYPE

Full Time

INDUSTRY

Banking

SALARY

$74k-91k (estimate)

POST DATE

11/11/2023

EXPIRATION DATE

05/13/2024

WEBSITE

northerntrust.com

HEADQUARTERS

MILWAUKEE, WI

SIZE

15,000 - 50,000

FOUNDED

1889

TYPE

Public

CEO

GARY REIMERS

REVENUE

$5B - $10B

INDUSTRY

Banking

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About Northern Trust Corp.

Northern Trust is an investment management company that provides banking, asset and wealth management services.

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The job skills required for Financial Analyst include Accounting, Financial Reporting, Integrity, Financial Statements, Written Communication, CPA, etc. Having related job skills and expertise will give you an advantage when applying to be a Financial Analyst. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Financial Analyst. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Financial Analyst positions, which can be used as a reference in future career path planning. As a Financial Analyst, it can be promoted into senior positions as a Financial Analyst III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Financial Analyst. You can explore the career advancement for a Financial Analyst below and select your interested title to get hiring information.

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If you are interested in becoming a Financial Analyst, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Financial Analyst for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

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Broadly speaking, a financial analyst works with financial data to help organizations make business decisions.

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Build financial models to perform financial forecasts, predict business scenarios, and provide other data analysis to help make business decisions.

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Every financial analyst’s job will hold different responsibilities depending on their specialty and where they work.

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They often develop and execute complex methodologies that enable them to generate useful pointers from the financial data and problem statements that their clients provide.

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Financial analysts who have little to no professional experience are responsible for gathering data, financial modeling and creating or maintaining spreadsheets.

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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Financial Analyst jobs

To become a senior or junior level financial analyst, one may be required to earn a Master’s of Business Administration.

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Obtaining a finance degree (bachelor’s or MBA) and working towards becoming a financial analyst requires the development of skills, expertise, and specific abilities.

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To be a financial analyst, one should be good with numbers, comfortable presenting research, analytical, and have great ability to research large amounts of data and pay attention to small details.

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Earning a finance degree and taking the steps to become a financial analyst requires specific abilities and the development of specialized skills.

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With relevant work experience and appropriate training, finance students can become equipped to pursue the path of becoming a financial analyst.

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Step 3: View the best colleges and universities for Financial Analyst.

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