Section Manager, Fund Accounting Operations

il y a 2 semaines


Luxembourg, Luxembourg Northern Trust Corp. Temps plein

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.


The Role:


Reporting to a Divisional Manager, the Section Manager is a senior managerial position responsible for a fund accounting operations team.

Responsibilities include conducting the performance management process, establishing goals & objectives for the team and ensuring the timely and accurate completion of the overall NAV production process.

We believe our most valuable asset is our engaged, empowered & diverse workforce.

As a global institution, Northern Trust is committed to building upon this diverse talent through encouraging innovative thinking and personal courage in an inclusive environment.

Northern Trust's commitment to diversity & inclusion is evident in our internal initiatives for which we have won several globally recognised awards.


Why choose a career in Fund Accounting with Northern Trust?

  • Northern Trust has demonstrated a continued commitment to investing in Luxembourg; our Fund Accounting team continues grown
  • Our Fund Accounting team provides an end to end Fund Accounting service onsite in Luxembourg which complements other client services provided, such as, Financial & Tax Reporting and Transfer Agency Services
  • We invest heavily in our people and offer a customized, individually dedicated training program to ensure our people can realise their full potential and avail of the diverse range of career opportunities within Fund Accounting and Northern Trust Luxembourg
  • To complement the company culture, we support our employees' efforts to balance work and home life, in part by offering familyfriendly programs and alternative/flexible work situations
  • Our modern compensation package is highly competitive and moreover, intuitive to your stage of life and career

The key responsibilities of the role include:

  • Management of a fund accounting team, to conduct the performance management process, identification of training and development needs, recruitment and motivation of partners, and establishment of performance standards.
  • Lead and guide partners, and foster an environment which encourages employee participation, teamwork, and communication.
  • Responsibility for the overall NAV production process, accuracy, and timeliness across a broad spectrum of financial and accounting matters.
  • Keep abreast of industry and regulatory developments.
  • Maintain unrivalled client satisfaction and continuously improve the departments' performance with a direct focus on quality, risk mitigation, efficiencies and internal controls.
  • Work as part of a wider FA Luxembourg team engaging with the Section Manager and Divisional Manager teams across the location to seek opportunities to improve productivity and quality within the overall Fund Administration department.

Qualifications

  • The ability to contribute to the overall department strategic, tactical and budget objectives and initiatives would be beneficial.
  • Strong communication, presentation, leadership and motivational skills are required.
  • Proven client management skills and the ability to manage a team to plan and meet client and adhoc deliverable deadlines required.
  • Systems knowledge of GP3 / 4, Vendor systems (Bloomberg, Reuters), and other fund accounting systems advantageous.
  • Strong PC skills required
  • Experience with instilling a strong client service culture in teams is desirable in addition to the ability to represent the business to clients via presentations etc.

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.

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