Team Lead Fund Accounting

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. Role/Department The primary responsibility of the Team Leader is to supervise and support a team of Analysts and Accountants within the Fund Accounting team. The Team Leader reports to the Team Manager and assists with workflow distribution and maximizing the effectiveness of the team. Organizes the work of the team, assigns tasks, sets short-term priorities, monitors all activities and ensures timely and accurate completion of the work. Conducts performance management and career development processes, and staffing and disciplinary actions. • Responsible for work flow distribution and the effective use of resources within the team • Responsible for ensuring accurate completion of NAVs for multiple Unit Trusts and common Investment Funds • Prepares financial statements and reports for a designated group of funds • Monitors monthly reporting for onward transmission to the Trustees and ensures accuracy of reports prepared for regulatory agencies • Provide on the job technical training and coaching for all team members and brief staff regularly on issues relating to work carried out by the team and new initiatives • Organize the work of the team, assign tasks, set short-term priorities, monitor all activities and ensure timely and accurate completion of the work • Ensure all procedures are kept up to date and are adhered to on a daily basis • Assist the Team Manager in establishing goals and objectives for the team • Generate process and system enhancement ideas and co-ordinate the introduction of these changes with supporting documented procedures • Conducts performance management and career development processes, and staffing and disciplinary actions