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 provides 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. Department Overview Private Capital Administration provides third-party clients with comprehensive administration, financial accounting, and investor reporting services for their funds. Fund products supported include venture capital, buyout, mezzanine, life sciences, secondaries, and fund of funds. Summary The Private Capital Accountant operates under general supervision but works independently most of the time. The candidate will serve on large and/or complex projects as requested and must be technically competent to act as the first point of reference for day-to-day queries while serving as a liaison to related areas. Demonstrates excellent analytical, consultative, communication, and judgment skills while focusing on the maintenance and implementation of policies and procedures. Working Model: Hybrid We have a balanced hybrid working model to ensure flexibility, and the successful candidate will spend their time between working in the office and working from home. Knowledge/Skills This position is technical and service-oriented. Knowledge of private equity fund products and services for the specified area, usually obtained through training or related work experience, is required. Communication and negotiation skills are necessary to ensure client satisfaction, along with analytical skills to research and resolve problems. Major Duties Establishes and cultivates working relationships with clients, external legal and accounting firm relationships, and internal partners. Carry out complex, high-profile transactions surrounding all PE Fund activity, ensuring execution according to standard policies and procedures. Act as the first point of reference for day-to-day queries while performing review/verification/accounting/audit processes accurately. Search for ways to eliminate recurring problems/issues as they arise. Ensure all daily or periodic tasks are completed according to client-specific administration&service level agreements. Ensure workflows, files, and backup coverage are set up and maintained within guidelines. Prepare, validate, and assist in the preparation of PE accounts, PE reporting, financial statements, and client reporting. Analyze, research, and ensure appropriate reconciliations surrounding PE investment activity/data are completed accurately and timely. Utilize all department systems as required to complete daily and periodic functions. Lead or participate in implementing new technology and efficiency initiatives/projects as needed. Qualifications 2-3 years of staff accounting experience and/or private equity fund accounting/administration experience, with a minimum of 2 years client servicing or related experience. Ability to work effectively in a team environment, exhibiting initiative, leadership, and flexibility. The ideal candidate will have a formal education in accounting and/or a related business degree, understand the complexities of the private equity markets, and have experience with Investran and MS Suite of Systems. 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 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. 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 MyHRHelpntrs.com. 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. For further information, and to apply, please visit our website via the “Apply” button below. J-18808-Ljbffr