Global Revenue Operations Analyst, Client Invoicing

Wellington Management Company; Needham (MA); On-site; USD 80,000 - 150,000; Full time

Benefits offered by this job

Retirement plan

Health and wellbeing

Dental coverage

Office 4 days/week + remote 1 day

Job summary

Wellington Management Company, LLP is seeking an Analyst on the Client Invoicing Team within Global Revenue Operations. You will calculate base and complex performance fee invoices for a wide array of global clients and respond to revenue-related questions from internal and external stakeholders.

Role involves collaboration with Client Group and Investment Product Management, and direct client contact to resolve invoicing questions.

Qualifications

• College graduate with 1–5 years of related work experience.
• Ability to multi-task and balance priorities in a fast-paced environment.
• Strong mathematical skills, business acumen, and interest in the markets.
• Proficiency in Microsoft Excel and ability to learn proprietary applications.
• Excellent written and verbal communication skills.
• Strong organizational skills and attention to detail.
• Willingness to learn responsibilities on the job and grow with more complex assignments.

Responsibilities

• Process and review management fee invoices and related documents for base and performance/variable fees.
• Review nonstandard fee agreements before onboarding.
• Analyze and edit contractual fee methodologies with relevant stakeholders.
• Consult with clients on MFN and impact to Wellington’s book of business.
• Grow into Subject Matter Expert for a practice area and lead related tasks.
• Handle administrative responsibilities and be the go-to resource for the team.
• Assist in data gathering for audits and testing application enhancements.
• Train and guide co-ops and assist setup of new accounts in invoicing.

Skills

Excel

Mathematical skills

Communication skills

Attention to detail

Multi-tasking

Tools

Proprietary applications

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 long-term view that aligns our perspectives with those of our clients.

About the Role

The Company Tracing our roots to 1928, Wellington Management Company, LLP is one of the world’s largest independent investment management firms. With over US$1 trillion in assets under management, 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.

Overview

As an Analyst on the Client Invoicing Team within Global Revenue Operations at Wellington, this individual will work to calculate and prepare both base and complex performance fee invoices for a wide array of Wellington’s global clients. The individual will field a variety of revenue-related questions from both internal and external clients in a timely and accurate manner. This role has a high-level of interaction with Client Group and Investment Product Management at Wellington and direct contact with external clients to resolve any invoicing questions that may arise.

Responsibilities

• Using a variety of data and applications, process and review management fee invoices and supporting documents related to the calculation of both base and performance/variable fees including their applicable taxes.
• Review potential nonstandard fee agreements before they are onboarded.
• Analyze and edit contractual fee methodologies, including collaborating with Client Group and Investment Product Management and suggesting fee calculation treatments that result in equitable treatment to all parties involved.
• Consult with stakeholders on both existing and prospective Most Favored Nation clients and their impact to Wellington’s book of business.
• Grow into becoming the Subject Matter Expert for one of the team’s various Practice Areas.
• Handle all administrative responsibilities of that area and be the go-to resource for the rest of the team when there are related challenges or questions. Examples of such practice areas are MFNs, Unit Redemption Processing, Market Values, New Account Setup, Reconciliation of Amendments and Invoices, and more.
• Complete ad hoc requests from internal and external stakeholders.
• Assist in the compilation of data for System and Organization Controls audit requests.
• Assist with the testing of application enhancements.
• Train and manage co-op as assigned.
• Review and approve the set-up of new accounts on the invoicing application to ensure accuracy.
• Document procedures for use by current and future team members.
• Brainstorm and execute process improvement projects.

Qualifications

• A college graduate with one to five years of previous related work experience is desirable.
• Ability to multi-task, problem-solve, and balance competing priorities in a challenging and fast-paced environment.
• Strong mathematical skills, business acumen, and interest in the markets are essential.
• Proficiency in Microsoft Excel and ability to learn a handful of proprietary applications.
• Excellent written and verbal communication skills.
• Strong organizational skills and attention to detail.
• Willingness and enthusiasm to learn responsibilities on the job and grow by taking on more complex assignments.

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 [e-mail].

Compensation and Benefits

The base salary range for this position is: USD 80,000 - 150,000. 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)

We believe that in person interactions inspire and energize our community and are essential to our culture. In support of this commitment, our employees work from our offices 4 days a week with flexibility to work remotely 1 day a week. We believe that this approach ultimately supports our mission to deliver investment excellence to our clients and their beneficiaries over the long term.

Tracing our history to 1928, Wellington Management is one of the world’s largest independent investment management firms. We serve as a trusted adviser to clients in over 60 countries, visit our website to see our assets under management. Our innovative investment solutions are built on the strength of proprietary, independent research and span nearly all segments of 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 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 believe that in person interactions inspire and energize our community and are essential to our culture. In support of this commitment, our employees work from our offices 4 days a week with flexibility to work remotely 1 day a week. We believe that this approach ultimately supports our mission to deliver investment excellence to our clients and their beneficiaries over the long term.

For more information, please visit https://www.wellington.com/en/