Senior Consultant, Hedge Fund Accounting, Limerick

Role We are currently recruiting for Senior Consultant for our Financial Control team within Omnium Services Group EMEA. From a career development perspective, the individual will learn to work effectively in a fast‑paced environment that provides services to sophisticated clients. The individual will get exposure to many different product types across all sectors. The individual will also learn the complete cycle from start to finish when a client executes a trade. This will enable the individual to understand the full picture of hedge fund administration and also be able to effectively engage the appropriate shared service team within HFS.

Key Responsibilities Of The Role A role within the Financial Control within Hedge Fund Services will entail work in one or all four of the below broad areas of responsibility:

Fund Accounting

Preparation and review of Operating Expenses for funds on a weekly/monthly basis.

Production and review of month end Close Packs for various clients on weekly/monthly basis.

Validation of Monthly NAVs and associated accounting records

Interact with clients and others to obtain understanding of funds’ activities

Engage with other HFS teams to support projects including fund launches and migrations

Investor Accounting

Allocation of Profit and Loss across investors share classes and series

Calculation and verification of class‑level expenses such as Management Fees

Calculation and verification of various performance fee methodologies

Work with Investor Services team to ensure investor statements are timely and accurate

Financial Reporting

Participate in financial statements preparation and review for funds on an annual basis.

Work directly with external auditors to ensure accuracy of each fund’s annual financial statements.

Work with shared services teams to ensure timely follow up and completion of audit requests.

Regulatory Reporting

Participate in the monthly and quarterly preparation and review of regulatory reporting for applicable funds

Engage in project initiatives to strengthen and expand HFS regulatory reporting services on MMIF, FVCs and SPVs.

The Successful Candidate Will Benefit From Having

Qualified Accountant (ACA, ACCA or equivalent) or working towards qualification. (Preferable but not required)

Knowledge of hedge funds and other alternative investment structures an advantage

Knowledge of financial reporting including US GAAP&IFRS financial statements and footnote disclosures an advantage

Financial analysis

Client service experience

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 .

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