Portfolio Accounting Analyst

Wellington Management Company, LLP
Boston, USA
27 Aug 2021
23 Sep 2021
Job Function
Industry Sector
Finance - General
Employment Type
Full Time

Wellington Management offers comprehensive investment management capabilities that span nearly all segments of the global capital markets. Our investment solutions, tailored to the unique return and risk objectives of institutional clients in more than 60 countries, draw on a robust body of proprietary research and a collaborative culture that encourages independent thought and healthy debate. As a private partnership, we believe our ownership structure fosters a long-term view that aligns our perspectives with those of our clients.


Tracing our roots to 1928, Wellington Management Company, LLP is one of the world's largest independent investment management firms. We serve as a trusted adviser to institutional clients and mutual fund sponsors in over 60 countries. Our innovative investment solutions are built on the strength of proprietary, independent research and span the global capital markets, including equity, fixed income, multi-asset, and alternative strategies. As a private partnership whose sole business is investment management, our long-term views and interests are aligned with those of our clients. We are committed to attracting a talented and diverse workforce, and to fostering an open, collaborative, and inclusive culture because we believe multiple perspectives lead to more informed investment and business decisions. As an Equal Opportunity Employer, we welcome people with diverse life experiences, fresh ideas, and specialized subject-matter expertise.

The position is part of the Portfolio Accounting Group within Portfolio Administration. Portfolio Accounting manages, and is responsible for the integrity of the books and records of Wellington including reconciliation with our client's custodians to ensure we can provide comprehensive, accurate and transparent information to the firm. The integration of Portfolio Accounting with our investment capabilities provides investors transaction detail behind changes in positions, and a consolidated view of cash for more informed investment decisions.

The Analyst, Portfolio Accounting is a position responsible for providing accounting expertise to the firm. This individual would also be responsible for maintain and guiding the continuous development of our accounting capabilities to ensure that we can provide our investors with timely and accurate positions, market values and cash balances to be incorporated into their investment decisions.

  • Provide expertise on accounting standards
  • Central point of contact for accounting related inquiries
  • Oversee all daily, monthly, quarterly, and annual controls to ensure consistent and accurate accounting data
  • Strategically review our accounting capabilities and make recommendations on areas where we need additional development
  • Provide leadership and education across the firm regarding our accounting capabilities and work to resolve accounting issues experienced by cross-functional users of the data
  • Perform impact analysis of regulatory and operational changes in portfolio accounting that impact the investment process and suggest ways to address changes, both tactically and strategically
  • Provide guidance and expertise to Business Analysts and IT regarding development requirements for accounting initiatives

The successful candidate is likely to have or possesses the below skills, experience, and qualifications:
  • A college degree and a minimum of 5-7 years of experience in the financial services industry with some experience working in portfolio or fund accounting
  • Work towards CPA, advanced degree, or CFA is a plus
  • Must be well organized, resourceful, motivated and have the ability to adjust to rapidly changing priorities
  • Working knowledge of GAAP
  • Experience with Advent Geneva; specifically, the Geneva Swap Module
  • Extensive fixed income/derivative/equity accounting experience
  • Experience working with, and accounting for, derivatives and synthetic exposures
  • Proven track record of initiating and managing change utilizing strong business judgment, risk analysis skills and risk mitigation techniques
  • Broad knowledge of capital markets
  • Solid understanding of investment management operations and support practices
  • Well-developed interpersonal and presentation skills, both verbal and written
  • Strong business judgment, including the ability to synthesize multiple complex issues and effectively balance competing objectives
  • Dedicated, highly motivated and passionate professional with a strong service and investment orientation
  • Ability to think with vision
  • Ability to partner effectively with others
  • High degree of integrity and professionalism

Portfolio Accounting Analyst

100 Federal Street

As an equal opportunity employer, Wellington Management ensures that all qualified applicants will receive equal consideration for employment without regard to race, color, sex, sexual orientation, gender identity, gender expression, religion, creed, national origin, age, ancestry, disability (physical or mental), medical condition, citizenship, marital status, pregnancy, veteran or military status, genetic information or any other characteristic protected by applicable law . If you are a candidate with a disability, or are assisting a candidate with a disability, and require an accommodation to apply for one of our jobs, please email us at GMCANINQ@wellington.com .

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