Chicago, IL
About Northern Trust
Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.
Northern Trust is proud to provide innovative financial services and guidance to the world's most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service.
Summary
- Responsible for performing a variety of accounting and analytical duties including preparing journal entries, balancing accruals, preparing financial reports, and analyzing the financial position of the corporation.
- Researches and resolves accounting or reporting issues.
- Compiles data for stockholder and regulatory reporting.
- Prepare ad hoc investment summaries and reports
Major Duties
- Performs accounting duties, including preparing and balancing accruals, verifying that accruals are recorded properly and accounting entries are accurate and reconciles differences.
- Analyzes various accounts, including reviewing supporting documentation, analyzing entries, and resolving discrepancies.
- Reviews and balances financial information from the various areas of the bank and prepares a preliminary statement of earnings.
- Assists in preparing and verifying external regulatory reporting. Compiles data for the reports.
- Prepares financial information for stockholders reports.
- Responds to external requests for financial information regarding the corporation.
- Assists with the preparation of investment memos as well as ad hoc presentations
- Analyzes actual performance (expenses) against planned performance and explains variance.
- Researches and assists in interpreting the impact of recent accounting developments in the division.
- Disseminates findings to manager and other partners involved.
- Communicates with partners to resolve discrepancies or provide assistance on accounting or disclosure issues.
- Conducts special analysis and projects as assigned and prepares reports of detailed findings for management review.
Hybrid
Working Model
We have a balanced hybrid working model to ensure you get the flexibility you need, and the successful candidate will spend their time between working in the office and working from home.
Knowledge
- Knowledge of accounting and finance normally acquired through a four year degree program or related work experience is required to perform financial analysis and accounting duties (familiar with an income statement and balance sheet)
- Knowledge of federal, state, and local regulatory reporting usually acquired through related work experience is necessary to prepare government reports.
- Analytical skills and problem solving skills are necessary to analyze financial data and prepare reports.
- Organized and detail oriented with adaptability to changing deadlines and priorities
- Personal computer skills are required to prepare financial reports and to utilize on-line and mainframe systems (Microsoft Office Suite (PowerPoint, Excel and Word)
- Knowledge of the Community Reinvestment Act or Non-profit space is a plus
- #LI-GG1
- #LI-Hybrid
Experience
- 2-3 years of general accounting and finance experience without a related degree
Working with Us
As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.
Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.
We'd love to learn more about how your interests and experience could be a fit with one of the world's most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater
Reasonable accommodation
Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at
We hope you're excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.
Apply today and talk to us about your flexible working requirements and together we can achieve greater.