Consultant, Tax & Fund Accounting

  • Competitive
  • Melbourne, Victoria, Australia
  • Permanent, Full time
  • Northern Trust Company
  • 19 Nov 17 2017-11-19

Consultant, Tax & Fund Accounting

This position supports the Australian Investment Accounting team and is responsible for monthly, quarterly, half-yearly and annual financial reporting, regulatory reporting and tax reporting to a diverse range of investment manager and superannuation fund clients. The position reports to the Manager of Financial Reporting and Tax.

  • Provide a high level of client service, and be the first point of contact in relation to all accounting and tax queries for an allocation of clients
  • Preparation and review of Financial statements and templates
  • Preparation and review of Trust distributions, Superannuation fund tax provisions, tax returns, BAS returns
  • Manage audit queries to resolution
  • Establish a level of client knowledge ensuring all requirements are met and allow the team build the relationship further
  • Proactively seek to identify and improve current core processes and procedures, ensuring they are updated with changes in regulations and industry trends
  • Deliver training and coaching
  • Work closely with other teams to achieve client reporting objectives - Unit Pricing, Business Process Analysts, Client Services, Operations and Technology
  • Work closely with Financial Reporting and Tax manager on new product developments and process improvement projects
  • Help manage new client onboarding process as it relates to Financial reporting and Tax
  • Provide oversight of off shore teams' output and performance
  • Assist in the management and development of the Financial Reporting and Tax team
  • Ensure sufficient risk management controls are in place and adhered to
  • CA or CPA qualified
  • Accounting/Commerce/Finance degree qualified
  • At least 6 years of relevant experience
  • Technical understanding and practical application of accounting and tax concepts as they relate to Managed Investment Schemes (MIS's) and Superannuation funds
  • Experience working within a Custodian, Superannuation fund, or Investment Manager accounting/tax team
  • Understanding of unit pricing and unit registry concepts
  • Client service and relationship management
  • Demonstrated understanding of the application of Australian Accounting Standards as they relate to MIS's and Superannuation funds, and the different assets they invest in
  • Demonstrated understanding of the application of Australian Tax rules as they relate to MIS's and Superannuation funds, and the different assets they invest in
  • Understanding of different trust structures and entity types
  • Demonstrated understanding of the application of regulatory reporting requirements - APRA, ABS, BAS, PAYG
  • Proficiency in utilizing Financial statements and tax reporting system tools
  • Strong excel skills

For more than a century, Northern Trust has worked hard building our legacy of outstanding service, expertise and integrity. From a Chicago-based bank founded in 1889, we now have more than 20 international locations and 16,500 employees globally. We serve the world's most-sophisticated clients - from sovereign wealth funds and the wealthiest individuals and families, to the most-successful hedge funds and corporate brands.

We burnished our reputation as a global leader delivering innovative investment management, asset and fund administration, fiduciary and banking solutions enabled by sophisticated, leading technology. And through it all, we continually laid a solid, forward-looking foundation on which future generations can continue growing and achieving greater.

As of March 31, 2017, Northern Trust Corporation had:
•$121 billion in banking assets
•$7.1 trillion in assets under custody
•$8.9 trillion in assets under custody/administration
•$1.0 trillion in assets under management