Verified Job
Accounting - Finance
Specialist, Business Management-Accounting & Fund Services
Accounting - Finance
#35165
Remote / WFH
Northern Trust Corporation
Job Description
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 Purpose
The Business Management (BM) role provides centralized financial, operational, risk, and governance oversight for Accounting & Fund Services. The role focuses on producing executive-level reporting and dashboards, tracking, and managing financial targets and timely delivery of management information to senior leaders and governance forums. This role combines strategic oversight, financial and operational performance monitoring, business planning, regulatory and risk management, and cross-functional coordination to support the business head and leadership team. The Specialist works closely with business leaders and functions to develop and implement strategy, monitor results, and embed strong governance and controls. Success in this role requires a blend of big-picture strategic thinking and hands-on execution to optimize performance, manage risks, and deliver on business objectives.Key Responsibilities
Financial & Business Oversight
• Manage workforce planning, including headcount tracking and resource allocation.
• Review, consolidate, and produce recurring financial and productivity reporting.
• Track and forecast dollar and FTE savings, including surrendered posts and productivity-driven closures.
• Lead development and communication of strategic business plans.
• Review financial forecasts provided by practice leads and ensure we are managing performance against plan.
• Quantifies the impact of efficiency initiatives on financial goals.
• Support development and maintenance of dashboards for decision making.
• Provide ad-hoc business management support and analytics for decision-making.
Reporting & Dashboards
• Develop and maintain key business metrics, including productivity measures and unit costs, and use these insights to support data-driven decisions.
• Review consolidated submissions, and prepare final reporting for COO operational reviews, weekly updates, and enterprise reporting requirements.
• Produce, review, and distribute consolidated weekly, monthly, quarterly, and annual reporting for A&FS leadership.
• Publish data to AFS dashboards and support increased transparency through standardized reporting.
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 Purpose
The Business Management (BM) role provides centralized financial, operational, risk, and governance oversight for Accounting & Fund Services. The role focuses on producing executive-level reporting and dashboards, tracking, and managing financial targets and timely delivery of management information to senior leaders and governance forums. This role combines strategic oversight, financial and operational performance monitoring, business planning, regulatory and risk management, and cross-functional coordination to support the business head and leadership team. The Specialist works closely with business leaders and functions to develop and implement strategy, monitor results, and embed strong governance and controls. Success in this role requires a blend of big-picture strategic thinking and hands-on execution to optimize performance, manage risks, and deliver on business objectives.Key Responsibilities
Financial & Business Oversight
• Manage workforce planning, including headcount tracking and resource allocation.
• Review, consolidate, and produce recurring financial and productivity reporting.
• Track and forecast dollar and FTE savings, including surrendered posts and productivity-driven closures.
• Lead development and communication of strategic business plans.
• Review financial forecasts provided by practice leads and ensure we are managing performance against plan.
• Quantifies the impact of efficiency initiatives on financial goals.
• Support development and maintenance of dashboards for decision making.
• Provide ad-hoc business management support and analytics for decision-making.
Reporting & Dashboards
• Develop and maintain key business metrics, including productivity measures and unit costs, and use these insights to support data-driven decisions.
• Review consolidated submissions, and prepare final reporting for COO operational reviews, weekly updates, and enterprise reporting requirements.
• Produce, review, and distribute consolidated weekly, monthly, quarterly, and annual reporting for A&FS leadership.
• Publish data to AFS dashboards and support increased transparency through standardized reporting.
