Ntrs · Chicago, ILPrepare for this interview
EliteAI-generated questions, company research, and talking points tailored to this role
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. The Financial Analyst for the Allocation Team will engage in the monthly close activities, financial reporting and variance analysis (focusing on revenues and expense allocations) and other ad hoc tasks including but not limited to costing studies, refresh of allocation methodologies as well and both product and client profitability items. The financial analyst will work closely and frequently with partners based both in Manila and Chicago to ensure the financial goals of the business unit and of Northern Trust are met. Major Duties Point of contact and subject matter expert for indirect expense and revenue allocations. The analyst will handle and review monthly and quarterly allocation configurations updates from different Business units. Perform monthly/quarterly reporting processes which involve forecasting, indirect expense/allocated costs variance analysis and preparation of various reports. Engage in annual planning process which includes, supporting the business unit for the preparation, timeliness and integrity of the annual indirect expenses budget (from plan cost allocation set-up to periodic cost allocation runs and reporting) and proactively providing sound and valuable recommendations to stakeholders that would impact key business decisions. Work closely with the team in identifying process improvements to enhance the productivity and efficiency of the team. Participate in other special projects. Knowledge/Skills Preferably a candidate with a background in costing and allocations. Strong analytical and problem-solving skills to evaluate financial results. Effective written and verbal communication skills to present relevant information to the Senior Management and various stakeholders. Proficiency with Office 365 applications, including Excel, PowerPoint, Teams and Co-pilot to efficiently perform analyses and communicate financial information to various stakeholders. Knowledgeable in PeopleSoft, HFM, TM1/Cognos and other similar systems used in financial reporting, planning and analysis. Knowledge and experience in SAP is a plus. Flexible and a team player who is conscious of deadlines. Ability to work effectively and build relationships in a geographically blended environment (primarily North America and Philippines). Experience Required 3-5 years of relevant experience in financial planning and analysis, costing, and other relevant functional areas which may cover accounting and management reporting. Industry knowledge is beneficial. Working Model: Hybrid (#LI-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. Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa) Salary Range: $67,500 - 111,500 USD Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component. 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. #MadeForGreater 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 pa
How well this role fits your profile.
Worked at ntrs? Share your experience