Job title: Consultant, Fees & Billing
Company: Northern Trust
Job description: 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/DepartmentAs part of the Fees Division the Consultant will perform an individual contributor role under the general supervision of the Fees Manager to assist with the day to day Accounts Receivable responsibilities in a Fee Billing Team, while managing their own work load and projects in addition to specific initiatives. Serving as a subject matter expert, the Consultant will provide significant contribution to activities including but not limited to problem-structuring, optimizing processes, developing go-to strategies and change management.The Consultant is responsible for reviewing product for completeness and accuracy; engaging with the team regularly to ensure daily work issues are resolved timely and appropriately, and help in resolving these issues. The Consultant will provide guidance, coaching and mentoring to current staff ensuring they are engaged, as well as providing a robust training and development program for new personnel.The Consultant role is required to support the Ireland Fees Team who are responsible for the timely capture, recognition, billing and collection of all Irish revenue. This role will report to and work directly with the Manager of the Ireland Fees Team, supporting and overseeing the day-to-day activities of the Fees Team. This is a high profile, important role and will involve working with all areas of the Business to ensure all fee arrangements relating to the Irish business are properly reflected in our legal books.The Key responsibilities of the role include;Review and OversightOversee and assist as appropriate in the capture, validation and review of fee billing data for all clients contracted, ensuring correct interpretation of documented arrangements.Review and approve the production of VAT invoices by Fee Analysts on a timely basis.Review of client static billing information in line with documented fee agreements.Oversee the collection of fee debtors on a timely basis including approving payment of fees and banking entries to agreed procedures.Monitor the team email inbox to ensure all queries are responded to and resolved in a timely manner.Assist Fee Analysts to resolve complex queries.Timely completion of detailed analytical review and analysis of fee revenue as part of the month end fee accruals process.Work with New Business, Client Services and Operations Teams to ensure all new business revenue is captured on a timely basis- all new/ terminated business to be captured in full, correctly accrued and invoiced with agreed timelines.Work with the Manager of the Ireland Fees Team to ensure that best practice is applied to the capture of fee details and that the control environment around fee capture is robust and efficient.Complete ad hoc work as required.LeadershipAnalyse the team’s functionality and optimize operations to more efficiently meet team goals.Analysis team workload, work with the manager on allocation of responsibilities amongst individuals to ensure that billing, ad hoc projects and audit deliverables are met.Demonstrate an ability to coach, mentor and lead the team.Demonstrate the ability/desire to share knowledge in the form of training, mentoring or coaching others.ControlsDisplays a strong control focus within the team and ensure individuals follow due process and apply documented controls across all BAU billing and collection processes.Develop an in-depth knowledge of all fee systems, controls and processes, ensuring that the team as a whole are competent and proficient in the use / application of the same.Provide input to systems, controls and business process projects as required.Work with the Governance Fee Group to ensure best practice is adopted and that a robust and efficient controls environment is in place around the capture of Ireland Fees Team.Complete ad-hoc work as required.Skills/ExperienceThe successful candidate will benefit from having;In-depth functional/ industry knowledge is requiredExcellent oral and written communication skills, ability to adapt communication style within different departments across the organisation and senior management.Experience with delivering clear and concise status reports and messaging in a timely and consistent manner.Excellent attention to detailStrong influencing skillsSelf-starter with an ability to self-motivateObjective, open-minded, innovative thinker and change advocateExperienced background in a compliance focused environment (knowledgeable of controls, procedures and regulations).Proven ability to prioritise tasks and work to high level of accuracy in a busy environment Flexible approach towards changing work methods, deadlines and variable workloadsStrong planning, organizational and problem solving skillsHighly numerate with strong analytical and organisation skillsAbility to work under pressure and to deliver to tight deadlinesAbility to adapt and react positively in a changing and dynamic work environmentAbility to implement enhancements that will move the department forward while proactively driving continuous improvements by challenging the status quoStrong Project Management/ Change management skillsIntermediate MS Excel and other Microsoft applications skillsDegree in Accounting/Finance preferred, or demonstrate knowledge of the Financial Services industry, with 3- 5+ years of related experience in Accounting, Accounts Receivable, Accounts Payable or PayrollWorking 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. #MadeForGreaterReasonable accommodationNorthern 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 .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.
Expected salary:
Location: Limerick
Job date: Wed, 09 Apr 2025 05:36:19 GMT
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