This role is responsible for assisting with the development and implementation of the Controllers strategy, and will assist with program management of initiatives. The successful individual will provide the Head of Strategy and Projects and the Corporate Controller with broad finance thought leadership in relation to the Controllers strategy and the Controllers Initiative Program, and have meaningful interactions and working relationships with the business, operational and finance teams globally. This key role will report directly to the Head of Strategy and Projects in Chicago.
Leadership and Management
- Assist with management, driving, and prioritization of projects in the Controllers Initiatives Program
- Provide input to the Head of Strategy and Projects on the strategy, planning, organization, direction and control of the Financial Management function;
- Prepare and present project financials, and other reporting to the Head of Strategy and Projects, Corporate Controller and CFO on both individual initiatives, and the overall change program;
- Drive and support change in the Controllers team;
- Establish and develop strong working relationships and open communication with key stakeholders;
- Take ownership of the Controllers Strategy and ensure alignment to Corporate Strategy; challenge and update the Strategy where applicable; and,
- Provide meaningful input on future change initiatives and projects for the Controller’s function.
- Report and provide regular updates on the Controllers Initiatives Program;
- Manage the project life cycle from initiation to completion for select projects. For example, completing the business case (including objectives, scope, budget, timing, deliverables, etc.), tracking and reporting project status, mediating or escalating project conflicts, and closing out project phases and deliverables;
- Maintain and report on project or program issues, risks and dependencies, and escalate and provide regular updates to management and relevant committees;
- Ensure projects are delivered on a timely basis and within budget;
- Ensure projects comply with the accepted project life cycle methodology;
- Establish forward-thinking resource plans and requirements for each initiative and the overall program;
- Work with other Finance teams to implement and drive change to achieve the Finance strategy objectives;
- Perform business analysis to identify and determine solutions, obtain sign off and draft business requirements; and
- Other adhoc duties and business as usual reporting (e.g. capital reporting, audit reporting, expense reporting etc.)
- Partner with different business and operational lines to ensure proper support is provided by Controllers as the businesses expand, develop and grow. This would include, but not be limited to, the build out of new products, locations and systems;
- Share knowledge in the form of training, mentoring or coaching others; and,
- Provide support to the Head of Strategy and Projects as required. For example, prepare Committee/Senior Management presentations, investigate issues and other adhoc requests
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
SKILLS / EXPERIENCE
Required Skills and Knowledge
- Qualified accountant (preferable CPA / ACA / ACCA) with at least 5 years post-qualified experience in a multi-currency financial services environment;
- Minimum 3-5 years’ experience leading projects and driving change throughout corporations of similar size and scope;
- Sound knowledge of accounting, reporting and financial control requirements as well as statutory and audit requirements in a corporate financial control environment;
- Specific knowledge of project management principles in relation to people, systems and processes, to provide value quickly and enable change; and,
- Interest and aptitude for identifying problems of varying complexity and developing sound and actionable solutions within given constraints.
- Strong management and influencing skills with a proven management track record;
- Ability to partner effectively with peers, senior management, and overseas partners;
- Self-starter with an ability to self-manage and motivate;
- Highly numerate with strong planning, organizational and problem solving skills with attention to detail;
- Excellent verbal and written communication skills,
- Ability to motivate and influence;
- Ability to proactively assess existing and emerging issues, identify solutions and problem solve;
- Ability to react and respond on a timely basis;
- Ability to give and receive constructive feedback;
- Ability to adapt and react positively in a changing and dynamic work environment;
- Flexible approach towards changing work methods, deadlines and variable workloads;
- Ability to work under pressure and to deliver to tight deadlines; and
- Strong business skills and acumen.
Please note that this role may require the successful candidate to travel to other NT locations as required.