Senior Fund Accountant - Hybrid & Automation Focus

Wellington Management; Needham (AL); Hybrid; USD 80,000 - 150,000; Full time

Benefits offered by this job

Retirement plan

Health & wellbeing

Dental

Vision

HSA/Commuter program

Life and disability insurance

Tuition/CFA reimbursement

Paid time off

Job summary

Wellington Management in Needham seeks a Senior Fund Accountant to oversee fund accounting and operations for diverse investment products, collaborating with technology, custodians, and auditors. You will drive automation, controls, and scalability while partnering with senior leaders to safeguard investor interests.

The role requires 4+ years in fund accounting, strong GAAP knowledge, and a collaborative, analytic mindset. A hybrid work model is offered in a client‑centric environment.

Qualifications

• 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.
• Progress toward MBA, CFA, is a plus.

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 elevate 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.

Skills

Fund accounting

GAAP knowledge

Analytical skills

Team collaboration

Communication

Education

Bachelor’s degree in accounting, finance, economics, information systems, or related discipline

Tools

SQL

Excel

Tableau

Python

Job description

Wellington Management in Needham seeks a Senior Fund Accountant to oversee fund accounting and operations for diverse investment products, collaborating with technology, custodians, and auditors. You will drive automation, controls, and scalability while partnering with senior leaders to safeguard investor interests.

The role requires 4+ years in fund accounting, strong GAAP knowledge, and a collaborative, analytic mindset. A hybrid work model is offered in a client‑centric environment.