Senior Portfolio Accounting Analyst
Senior Portfolio Accounting Analyst
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$ 80000 - 180000
1 Vacancy
Job Description
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 longterm view that aligns our perspectives with those of our clients.
About the Role
OVERVIEW
The position is part of the Portfolio Accounting Group within Global Operations. Portfolio Accounting manages and is responsible for the integrity of the books and records of Wellington including reconciliation with our clients 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 Portfolio Accounting Analyst is 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 and controls 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.
RESPONSIBILITIES
Primary responsibilities:
- Provide expertise on current accounting standards
- Central point of contact for inquiries related to accounting and applications utilizing accounting data: IBOR performance client guidelines trade settlement reconciliation front end tools
- 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 crossfunctional 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
Qualifications
The successful candidate is likely to have or possesses the below skills experience and qualifications:
- A college degree and a minimum of 57 years of experience in the financial services industry with some experience working in portfolio or fund accounting
- In depth knowledge of investment operations including but not limited to: trade settlement; IBOR versus ABOR; fixed income and equity life cycle events; reconciliation; performance reporting
- A proven track record of developing maintaining and enhancing workflows/controls with understanding of potential impact of workflows on other areas of the firm
- Work towards CPA advanced degree or CFA is a plus
- Must be well organized resourceful and motivated
- Able to adjust to rapidly changing priorities
- Working knowledge of GAAP
- Extensive experience with fund accounting systems; preferably Advent Geneva
- 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
- Welldeveloped interpersonal and presentation skills both verbal and written
- High degree of integrity and professionalism
Not sure you meet 100 of our qualifications Thats 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:
USDThis 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 salaryis only one component of Wellingtons 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 backup childcare tuition/CFA reimbursement and paid time off (leave of absencepaid holidays volunteer sick and vacation time)
Required Experience:
Senior IC
Employment Type
Full-Time
