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.

Hybrid

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.

Department:

The team is responsible for the preparation of financial statements, schedule of investments and explanatory notes on the same (including preparation and review of tax reporting data due to tax agents), for mutual funds, hedge funds and/or fund of hedge fund clients.

Financial statements are prepared on a cyclical basis (for example; quarterly, semi-annual or annually) depending on the team in accordance with regulatory guidelines in the home country (for example: UK, Ireland, Luxembourg, Switzerland and U.S). The preparation is based on a set processes and procedures and the job holder will be required to adhere to these processes in completing day to day tasks.

Once financial statement is prepared, the team will analyse and research for any discrepancies before sending to the home country for review. The team will also correct any discrepancies/issues identified and communicated by the home country before closure. The team may also deal with external auditors of clients to respond or resolve audit queries. Due to the cyclical nature of the activities, it is anticipated that there will be peak periods of work and the job holder may be required to undertake additional working hours to ensure tasks are completed to the appropriate deadlines.

Role:

Has day-to-day management responsibilities for a small team, including stakeholder management. Responsible for the assignment of work to the Financial Reporting team. Conducts performance management and career development processes. Possesses the leadership and organizational skills required to prioritize assignments and provide feedback to staff. Conducts performance management and career development processes, and staffing and disciplinary actions. Organizes the work of the team, assigns tasks, sets short-term priorities, monitors all activities and ensures timely and accurate completion of the work

The key responsibilities of the role include:

• Conducts performance management and career development processes, and staffing and disciplinary actions
• Provides input and support to budget management process
• Carries out complex activities with significant financial, client, and/or internal business impact
• May have direct interaction with clients, external auditors of clients and/or Senior Management
• Able to serve as a key subject matter expert and mentor to other more junior level employees
• Manages daily operational activities and supervises day-to-day work of junior level employees, including daily interaction with home country counterparts
• More technically sound in area of expertise and has broader knowledge of other areas
• Delivers a work product that requires less revision
• Able to facilitate discussions and reach decisions

Skills/Qualifications

The successful candidate will benefit from having:

• At least 2 years of people management experience for Team Leaders and 7 years overall experience in financial statement preparation or financial reporting in an Audit Firm, or financial institution;
• Bachelor’s degree in Accounting or Finance
• Certified Public Accountant (CPA) is highly desirable
• Background in regulatory / statutory reporting will be preferred
• Experience on transitions/consolidation of various systems and completing necessary reconciliations (preferred)
• Experience on tax and regulatory reporting (preferred)
• Knowledge of accounting and regulatory concepts, financial instruments and products acquired through studies and related work experience
• Excellent desktop, IT and systems skills. Experience of Sungard Invest One fund accounting platform or Confluence/FundARC Suite financial reporting systems advantageous. Knowledge of Microsoft Excel and Word essential Knowledge of US GAAP, UK GAAP, Lux GAAP, Swiss GAAP & IFRS through studies and/or work experience (preferred)
• Knowledge of related systems: Bloomberg, Reuters (preferred)
• Excellent interpersonal skills, as this role requires interaction at all levels of the organisation and externally, fluent in English is necessary.

Working Hours

• 7AM to 4PM or 11AM to 8PM, depending on the specific FR team (US/UK/Ireland)

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. #Made For Greater

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 MyHRHelp@ntrs.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 and together we can achieve greater.

About Our Manila Office

The Northern Trust Manila office celebrated a decade of excellence in 2024. Through agility, resiliency, innovation, and excellence, they have evolved into a dynamic hub with diverse capabilities and a thriving workforce of over 1,200 — driving meaningful impact and sustainable growth. Learn more.