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Manager, Portfolio Accounting

Wellington Management Company, LLP
Boston, USA
Closing date
Apr 12, 2024

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Job Function
Industry Sector
Finance - General
Employment Type
Full Time
About Us

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.

About the Role

Tracing its roots to the founding of the Wellington Fund in 1928, the original Wellington Management Company was incorporated in 1933. Wellington Management serves an extremely diverse mix of institutional investors located in over 61 countries. Our clients include public funds, central banks, insurance entities, endowments, foundations, mutual fund sponsors, retirement plan sponsors - both defined benefit and defined contribution - and many other types of institutions. Wellington Management does not engage in any business other than managing money on behalf of our clients. Our mission is to exceed the investment objectives and service expectations of our clients worldwide, and by doing so, ensure the viability of the firm. In addition, we seek to be a leader, an innovator, and a symbol of integrity in the investment management business.

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 culture of inclusivity 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.


We are currently seeking a strong Manager of Portfolio Accounting to play a key role in our Client and Portfolio Technology and Operations team (CPTO). The Manager oversees our accounting platform which serves as a foundational data source for our investors, clients, and infrastructure teams who support the firm. This position requires deep analytical skills, with a high diligence, and complex problem-solving skills. We are looking for someone to evolve the function to deliver on the vision of accounting data that can serve our investment teams with the highest value. This individual is expected to function as a player-coach and must be a strong leader with a focus on talent development.

  • Management and oversight of WMC's global Portfolio Accounting function.
  • Ensure proper control and operational environment to support the integrity of the accounting data.
  • Develop and implement accounting standards and controls that support the accounting policy
  • 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
  • Participate in cross-functional working groups to ensure Portfolio Accounting can properly support evolving business needs (e.g., new investment instruments)
  • Strong collaboration both within CPTO as well as across Infrastructure, Investment, and Client platforms.
  • Build out our internal accounting standards to ensure best support of the internal accounting data.
  • Ability to think broadly and strategically.
  • Ability to flex between player coach, strategic planning, and coordinate initiatives across multiple teams.
  • A proven record of developing talent.
  • Interact and collaborate directly with business and technology partners at all levels of the organization.
  • Substantial experience in Investment or Fund Accounting, preferably as a people manager.
  • Well-developed interpersonal, presentation and communication skills, both verbal and written, including the ability to synthesize multiple complex issues to facilitate decision-making.
  • Proven leadership skills.
  • Ability to lead and influence in a cross functional environment.
  • Experience with Advent Geneva or similar accounting platform a plus.
  • Experience with alternative investments (Derivatives, Bank Loans, CLOs).
  • CPA, CFA, or MBA a plus.
  • Exposure or experience to project management a plus.
  • Proficiency with Python and/or PL/SQL a plus.
  • Change agent, creative, innovative, and focused on continuous improvement.
  • Cheerful outlook, self-motivated and willing to work in an energetic, fast paced team environment.
Not sure you meet 100% of our qualifications? That's ok. If you believe that you could excel in this role, we encourage you to apply and welcome a chance to review your background. 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.

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 .

At Wellington Management, our approach to compensation is designed to help us attract, inspire and retain the best talent in our industry.We strive to pay employees fairly and competitively across all levels and roles. Our approach to compensation considers all aspects of total compensation; all employees are eligible to receive salary, variable compensation, and benefits. The base salary range for this position is:
USD 100,000 - 225,000
This range takes into account the wide range of factors that are considered when making compensation decisions, including but not limited to skill sets; role; skills and experience; certifications; and education. This range is an estimate, and further details on salary and total compensation aspects will be shared with candidates during the recruitment process.

Base salary is only one component of Wellington's total compensation approach. Other rewards may include a discretionary Corporate Bonus and/ or Incentives, if eligible. In addition, we offer a comprehensive and high value benefit package to meet the unique needs of our employees and their families, and we are committed to fostering a flexible work environment that enables employees to thrive personally and professionally. Examples of our benefits include retirement plan, health and wellbeing, dental, vision, and pharmacy coverage, health savings account, flexible spending accounts and commuter program, employee assistance program, life and disability insurance, adoption assistance, back-up childcare, tuition/CFA reimbursement and paid time off (leave of absence, paid holidays, volunteer, sick and vacation time)

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