Senior Consultant, Private Capital Administration (Fund Accounting)

About the role

Northern Trust is looking for a Senior Consultant for Private Capital Administration (Fund Accounting) within its Luxembourg Alternatives team. The role lets the successful candidate share and develop expertise across the full private markets lifecycle, working closely with asset managers, investors, AIFMs, auditors and other service providers in a dynamic, fast-growing environment.

Key responsibilities

• Manage day-to-day operations and service delivery for a portfolio of alternative investment structures, keeping service levels, KPIs and deadlines on track.
• Prepare and review NAV statements, investor capital account statements, year-end financial statements, annual accounts and subscription tax statements.
• Apply knowledge of capital calls, distributions, partner transfers, true-ups, performance fee waterfalls and bookkeeping calculations where applicable.
• Ensure tax compliance work reconciles with accounting data and that investor and fund records in Investran and related systems are accurate.
• Respond promptly to client, investor and internal stakeholder queries and build strong relationships with clients, investors, AIFMs, auditors and tax advisors.
• Maintain an archive of financial, tax documentation and KPIs in line with NT standards.
• Review the work of outsourced and offshore service teams, monitor deliverables and escalate risks, and support process improvement.
• Work mostly independently under general supervision, taking part in large or complex projects and running important clients, while building links with relationship managers, clients service delivery managers, depositaries, custodians and regulators.
• May lead projects, coach and support junior team members and take part in departmental training and development.

Required profile

• At least 5 years' experience in Luxembourg in Private Equity Fund Accounting or Fund Administration (both fund accounting and transfer agency).
• Strong understanding of Luxembourg alternative fund structures such as RAIFs, SIFs, SCSp and SICARs and their regulatory requirements.
• Experience in a client-focused environment with offshore and onshore teams.
• Strong organisation, prioritisation, attention to detail, ownership and problem-solving skills.
• Ability to work independently, communicate well with stakeholders and adapt to changing environments.

Required skills

• Knowledge of Investran is a very strong advantage.
• Bookkeeping and calculations for fund accounting and transfer agency.