Wellington Management | Senior Fund Accountant

Responsibilities

• With over US$1 trillion in assets under management, we serve as a trusted adviser to institutional clients and mutual fund sponsors in over 60 countries.
• As a private partnership whose sole business is investment management, our long-term views and interests are aligned with those of our clients.
• This is a unique opportunity for a highly motivated professional to work on complex and evolving investment products while partnering with senior leaders across the firm to drive operational excellence, strengthen controls, and lead transformative initiatives.
• The Senior Fund Accountant is a highly skilled accounting, operational, and technology professional responsible for the accuracy, integrity, and control of fund accounting, valuation, performance, and operational activities across mutual funds, collective investment trusts, interval funds, hedge funds, private funds, and other investment products.
• Perform daily oversight of fund accounting activities conducted by third-party administrators.
• Review trial balances, expense accruals, receivables, payables, security positions, and capital activity.
• Investigate and resolve accounting exceptions with limited supervision.
• Serve as an escalation point for accounting and operation matters applying specialized expertise.
• Review pricing exceptions, fair value determinations, stale prices, and valuation-related risks.
• Analyze complex securities, derivatives, structured products, alternative investments, and privates.
• Prepare valuation support materials and participate in valuation governance and oversight processes.
• Monitor portfolio-level valuation trends, identify emerging risks, and escalate concerns when appropriate.
• Review and validate fund and share class performance returns.
• Oversee cash, position, valuation, and market value reconciliations.
• Analyze exceptions for root causes and implement sustainable remediation solutions.
• Evaluate operational controls and identify opportunities to strengthen oversight processes.
• Maintain high standards of documentation, control evidence, audit readiness, and regulatory compliance.
• Develop dashboards and reporting tools to enhance transparency and monitoring capabilities.
• Support internal audits, external audits, regulatory examinations, and due diligence reviews.
• Manage relationships with fund administrators, custodians, transfer agents, and other service providers.
• Monitor service-level performance, key operating metrics, and control effectiveness.
• Lead discussions with service providers to optimize service level standards.
• Identify operational risks and recommend enhancements to improve resiliency and control effectiveness.
• Design and implement automation solutions that improve efficiency, scalability, and risk management.
• Develop and enhance dashboards and workflows that provide actionable insights to stakeholders.

Requirements

• Baseline knowledge of mutual funds, collective investment trusts, hedge funds, interval funds, and alternative investments.
• Understanding of GAAP and fund accounting principles.
• Baseline understanding of accounting for fixed income and common stock.
• Strong interpersonal skills and experience in a collaborative, team-based, results-oriented environment.
• Demonstrated analytical, problem-solving, and stakeholder management skills.
• Advanced Excel (Power Query, Pivot Tables, VBA preferred).
• We are dedicated to building and maintaining a diversified workforce and considering a broad array of candidates with a variety of skill, workplace experiences, and backgrounds.

Wellington Management

Wellington Management is an employer hiring in the United States (sector: BFSI / Investments / Insurance).

Its finance, accounts, audit and tax openings in the United States are mostly in Boston.

• Industry: BFSI / Investments / Insurance