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.

50 South Capital is an alternatives asset management firm designed to meet the core strategic needs of investors seeking access to hedge funds, private equity and private credit. It develops comprehensive investment solutions and services designed to meet alternatives investors' risk and return expectations. Its highly experienced team works closely with a wide range of investors to fulfill specific investment objectives and create lasting relationships. 50 South Capital's investment philosophy focuses on providing access to managers with unique and differentiated sources of return.

50 South Capital is looking for a Senior Associate / Assistant Controller to help manage the operations of our Private Equity Core Funds, Venture Fund of Funds, Credit Funds and our Secondaries Funds. With the recent closing of our Core Fund XI and Secondary Fund V we are looking to expand our team. 50 South Capital is a wholly owned subsidiary of Northern Trust and we currently manage over $14 Billion in Alternative Fund of Funds and Advisory Custom Accounts. We have a dynamic team of about 50 employees with diverse backgrounds and experience and looking for a candidate that likes a fast pace and engaging environment.

Responsibilites:

• Partner with CFO and Controller to develop strategic plan to scale 50 South operations to support our growth.


• Provide oversight over our three fund administrators and provide strategic direction to drive long term efficiencies.


• Assist is executing infrastructure plan to modernize the technologies used across 50 South including Research Tools, CRM, Treasury Management and Portfolio Management Tools.


• Provide oversight of internal and external auditors and assist with analyzing and developing internal controls and policies and procedures.


• Assist in the valuation of private securities and become a member of the Private Capital Valuation Committee.


• Provide oversight to our partners involved with daily cash management and the management of our various lines of credit.


• Work with investment team members to support the execution of investment transactions and trades.

Knowledge and Skills:

• Understanding of Private Fund Structures and Alternative Investments


• Strong Organization Skills to ensure compliance with multiple deadlines


• Good Verbal Communicator and strong writing skills


• Strong MS Excel Skills


• Understanding of US GAAP and Financial Reporting


• Understanding of Fair Value Principles

Qualifications:

• CPA with 3-5 years of public accounting experience


• Performed financial statement audits of either Hedge/PE Funds or


• Worked for Hedge or PE Fund in an fund accounting or operations role

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 and apply 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 MyHRHelp@ntrs.com .

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.