Senior Fund Controller

Wellington Management•Needham, MA

13d•$80,000 - $150,000•Hybrid

About The Position

Wellington Management Company, LLP is one of the world’s largest independent investment management firms with over US$1 trillion in assets under management. They serve as a trusted adviser to institutional clients and mutual fund sponsors in over 60 countries. Their innovative investment solutions are built on proprietary, independent research and span the global capital markets. As a private partnership, their long-term views and interests are aligned with those of their clients. They are committed to attracting a talented and diverse workforce and fostering an open, collaborative, and inclusive culture. The Fund Control & Operations (US Funds) team plays a critical role in safeguarding the integrity of Wellington's Funds and supporting exceptional outcomes for clients. This role offers a unique opportunity to work on complex and evolving investment products while partnering with senior leaders to drive operational excellence, strengthen controls, and lead transformative initiatives. The Senior Fund Controller 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 various investment products. This role serves as a subject matter expert and trusted business partner, combining fund accounting knowledge with advanced analytical, operational, and technology capabilities. The Senior Fund Controller independently manages complex issues, leads projects, oversees third-party service providers, and drives process improvement and automation initiatives that enhance scalability, control effectiveness, and operational efficiency. The position collaborates extensively with Technology, Fund Administrators, Custodians, Transfer Agents, Treasury, Valuation, Security Operations, Security Valuation, Internal Audit, and external auditors to deliver well-controlled, scalable processes that support investment operations and protect shareholder interests.

Requirements

Bachelor’s degree in accounting, finance, economics, information systems, or related discipline.
4+ years of experience in fund accounting, fund administration, or fund operations.
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.

Nice To Haves

Progress toward MBA, CFA, is a plus.
SQL and database querying
Advanced Excel (Power Query, Pivot Tables, VBA preferred)
Tableau and data visualization
Alteryx workflow development
SharePoint and workflow tools
Python

Responsibilities

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.
Use data analytics and technology tools to identify trends, monitor risks, and improve decision-making.
Partner with Technology teams to automate manual processes and modernize fund oversight activities.
Challenge existing operating models and recommend innovative solutions.
Drive continuous improvement initiatives that reduce risk and enhance the client experience.

Benefits

retirement plan
health and wellbeing
dental
vision
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)