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.

Manila Investment Accounting and Analytical Services (IAAS) team is responsible for the reconciliation of financial reporting data and the preparation of cyclical customized reporting to NT clients. They work closely with their counterparts to deliver superlative data quality and first class client service. As experts in this field, partner would have a strong base knowledge in accounting principles, adaptable with working in multiple financial platforms and best in class client service.

Focus on resolution of SAP FAM transactions and custody accounting, where investment accounting knowledge is required to interpret policies, guidelines and/or processes. Involved in consultative, problem solving, client engagement/onboarding projects. Emerging as an expert in a multi-basis reporting. Role is balanced between high level operational execution and development, and execution of strategic direction of business function activities. Technical experts without management responsibilities, seen as key advisors on significant business decisions.

Duties:

• Ensure appropriate accounting books and records are maintained for all client investment portfolios by applying the proper STAT, GAAP, and Tax prescribed guidance.

• Review and reconcile NT custody data with SAP accounting systems to ensure accuracy and adherence to client’s custom reporting requirements.

• As Subject Matter Expert (SME), provides comprehensive, in-depth consulting and leadership to team and partners at a high technical level.

• Operates independently; has in-depth knowledge of business unit / function. Full ownership for one or more processes, reports and/or procedures.

• Ability to collaborate with consultants, peers, clients and internal stakeholders on handling queries and requests.

• Escalates relevant and critical issues to management and all pertinent partners/clients in a timely and efficient manner.

• Ability to lead, support and/or strategize on projects focused on improving service delivery, capacity management and productivity.

Knowledge and Skills:

• Knowledge of investment accounting and financial instruments, specifically related to multi-basis accounting and U.S. GAAP standards.

• Analytical skills are required to research and resolve inquiries.

• Excellent communication and presentation skills are required.

• Must have strong working knowledge of fixed income and equity securities and understand activity related to accruals, income payments, and other maintenance transactions.

Experience and Qualification:

• Bachelor’s degree in accounting or its equivalent. CPA is highly preferred but not a requirement.

• 6+ years of related work experience in audit or financial/investment services is required.

• Strong background of accounting and financial principles relating to investment, multi-basis accounting (regulatory, statutory, tax) and GAAP basis.

• Experience in handling client and process onboarding or migration.

• Strong communication and presentation skills to stakeholders, clients and client servicing teams.

• Strong project management, critical thinking and strategic thinking skills.

• Experience with SAP FAM applications is highly desired.

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.