Senior Fund Controller, Alternative Funds

Wellington Management • Boston, MA

71d • $80,000 - $180,000

About The Position

Wellington Alternative Investments (WAI) sponsors and sub-advises a broad array of long/short equity, multi-strategy, global macro, private equity, and relative value hedge funds that invest globally across all asset classes. The Fund Services department is responsible for the accounting, financing, financial reporting, and operations for these funds. The Fund Controller sits within the Fund Control and Operations team in Fund Services and will oversee centralized tasks and monthly NAV processes for several Wellington-sponsored Hedge Funds. This role requires frequent collaboration with other Wellington teams and external service providers (ex. Prime Brokers, Fund Administrators, Auditors).

Requirements

• College undergraduate degree, preferably in accounting, finance, or business.
• 3-5 + years’ experience from public accounting firm, alternative investment firm, private equity, or fund administrator.
• Knowledge of partnership accounting (management fees, carried interest, clawback), third party distribution, hybrid/side pocket fund structure, and currency hedging concept.
• Very strong attention to detail and organizational skills.
• A natural curiosity and desire to expand one’s knowledge and role.
• A proactive nature in developing and improving processes.
• Advanced Excel, Access skills, business intelligence/IT skills using Alteryx, SQL, Tableau or a desire to develop them.
• Desire and ability to work in a fast-paced, team-oriented environment, performing multiple tasks and balancing competing priorities.
• A client service mindset and strong communication skills.

Nice To Haves

• Progress towards a CPA, CFA, CAIA or MBA is a plus.

Responsibilities

• Oversee the monthly NAV process for a number of Wellington-sponsored and sub-advised Hedge Funds, including the review and approval of Administrator NAV’s.
• Perform a variety of daily/weekly/monthly centralized activities, such as tax accounting, valuation oversight, client reporting, and management reporting.
• Handle a broad set of responsibilities focused on investor cash flow and transfer agency oversight.
• Assist Business, Investor Relations, and Compliance teams, among others, providing information and data to respond to queries and performing ad hoc analyses based on the funds’ or investors’ activity.
• Develop and manage relationships with Wellington’s centralized teams and external service providers.
• Lead and support projects, both large and small, associated with Wellington-sponsored and sub-advised Hedge Funds, Wellington’s operational and systems infrastructure, and service providers.

Benefits

• Retirement plan
• Health and wellbeing coverage
• Dental, vision, and pharmacy coverage
• Health savings account
• Flexible spending accounts
• Commuter program
• Employee assistance program
• Life and disability insurance
• Adoption assistance
• Back-up childcare
• Tuition/CFA reimbursement
• Paid time off (leave of absence, paid holidays, volunteer, sick and vacation time)

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Bachelor's degree