Invoice Analyst - Global Fee Management

As part of the Global Fee Billing Team, the Analyst role serves as an extension of the Fee Leadership Team as well as one of the primary contacts for all invoicing and fee related setups and inquiries from Client Services Group. The Analyst must also adhere to the compliance guidelines and internal auditing requirements of the Bank and assist the Fee Leadership Team with ensuring best practices are being followed. Under general direction, the Analyst may also be responsible for performing a variety of moderately complex accounting and analytical duties. Additionally, the Analyst is expected to accurately and efficiently process complex invoices, fee setups, revisions, recalculations and submit to Client Servicing for approval and Fee Management Team as required. The incumbent must also demonstrate a firm understanding of invoicing and fee setup processes as well as the financial risk associated with each task. It's also expected for the Analyst to demonstrate the ability to understand and assist with the resolution of complex requests related to all components of invoicing and fee setup process as well as facilitate conference calls to better understand direction from our front office partners.

Major Duties:

• Perform and produce invoices, fee setups, analysis and calculations for ORMB clients.
• Cross train on multiple segments to build well-rounded experience.
• Assist with the cross-training and development of new fee analysts.
• Proactively monitor fee information on reports for errors with calculations, input, and variances in fees for assigned accounts from one period to another.
• Resolve complex client/partner fee related inquiries in a timely manner.
• Prioritize daily tasks to ensure productivity, accuracy and timeliness expectations are met in accordance to the established guidelines of the division. Tracked via Scorecard.
• Assist with internal & external auditors and other operational areas to provide analytical and procedural expertise.
• Communicate and escalate potential billing issues to Fee Management/Leadership Team as required.
• May perform various analysis required to assess the financial position and operational results of the organization.
• Research moderately complex accounting transactions and reporting issues with some guidance from the subject matter expert.
• Additional invoicing tasks for other segments may be required and must be maintained according to Service Descriptions.
• Training: Assist with training and cross-training new and existing team members to ensure full understanding of all fee processes from end to end. Each analyst should understand at some point how all accounts operate vanilla/complex so as to jump in during extended leaves 5+ days

Qualifications:

The partner who will be successful in this role will have:

• Bachelor's degree or demonstrate sound business and organizational knowledge acquired through 2+ years of work related experience.
• Strong communication (verbal & written), attention to detail (accuracy)
• Ability to multi-task and prioritize work with excellent time management skills
• Strong analytical, organizational and mathematical skills are required.
• Proficiency with Excel a must

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 andapply 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 part of the employment process, please email our HR Service Center at [email protected].

We hope you're excited about the role and the opportunity to work with us.

We value an inclusive workplace and understand flexibility means different things to different people.

Apply today and talk to us about your flexible working requirements and together we can achieve greater.