Wellington Management Company, LLP
Boston, Massachusetts
WELLINGTON MANAGEMENT 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 55 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. POSITION This is a unique and exciting opportunity to join a recently formed private equity-focused fund operations team dedicated to Wellington's expanding private equity business. InvesTech Fund Control & Operations - Private Funds ("FC&O) plays an essential role in Wellington's private funds business and is responsible for fund operations encompassing fund accounting, treasury, and financial reporting. Wellington has several private equity and co-investment funds with over $4.5 billion in PE assets and growing. The business is planning for new vintages of its flagship funds focused in late-stage investing and is looking ahead to expansion into new strategies and other private asset classes. The Fund Controller will oversee several functions for Wellington's Private Equity Funds, playing a key role in fund NAV oversight and annual audits, the monitoring of capital calls and distributions, and assisting with investor requests. This role requires frequent collaboration with other Wellington teams and external service providers (e.g., Fund Administrators, Auditors, Investor Relations). The Fund Controller will report to the team's Associate Director. RESPONSIBILITIES Oversee the quarterly NAV and financial statement process for assigned funds, reviewing work prepared by our third-party administrator, including: Complex private portfolio company transactions and application of manager-provided prices Waterfall and carried interest calculations Differing management fee arrangements Gross and net IRR calculations Ensuring accounting and presentation is consistent with U.S. GAAP and Limited Partnership Agreements Assist with the funds' day-to-day operations, including: Planning and coordination capitals calls and distributions, managing end-to-end process and reviewing calculations and notices produced by our third-party administrator Payment of fund fees and expenses Coordination of deal funding Oversee annual audit process for assigned funds, coordinating with fund administrator and auditors Contribute industry and operational knowledge to product development and new fund launches Help to enhance and expand the internal accounting and finance policies and procedures to ensure best practices are always being followed 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 the funds, Wellington's operational and systems infrastructure and service providers Perform peer review of other team members and oversight of junior team members QUALIFICATIONS College undergraduate degree, preferably in accounting, finance, or business 5-7+ years' experience from a public accounting firm, alternative investment firm, or fund administrator 2-3+ years' experience with private equity fund accounting and operations Experience in other private asset classes (credit, real estate, infrastructure) is strongly favored though not required Knowledge of closed-end fund structures (closes, capital calls, distributions), PE fee structures (management fees, carried interest), and private portfolio company investment transactions and valuation approaches Advanced Excel and Access skills, or a desire to develop them A client service mindset and strong communication skills Completion or progress towards a CPA, CFA, or MBA is a plus OTHER ATTRIBUTES: Motivated work ethic and ambition to expand one's knowledge, impact, and role A proactive nature in developing and improving processes, identifying opportunities for efficiency and or risk reduction Desire and ability to work in a fast-paced, team-oriented environment, performing multiple tasks and balancing competing priorities Natural curiosity and ability to problem-solve, including researching technical accounting topics Acute attention to detail and organizational skills SKILLS JOB TITLE PRIVATE EQUITY - INVESTECH FUND CONTROL & OPERATIONS FUND CONTROLLER LOCATION 280 Congress 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 .
WELLINGTON MANAGEMENT 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 55 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. POSITION This is a unique and exciting opportunity to join a recently formed private equity-focused fund operations team dedicated to Wellington's expanding private equity business. InvesTech Fund Control & Operations - Private Funds ("FC&O) plays an essential role in Wellington's private funds business and is responsible for fund operations encompassing fund accounting, treasury, and financial reporting. Wellington has several private equity and co-investment funds with over $4.5 billion in PE assets and growing. The business is planning for new vintages of its flagship funds focused in late-stage investing and is looking ahead to expansion into new strategies and other private asset classes. The Fund Controller will oversee several functions for Wellington's Private Equity Funds, playing a key role in fund NAV oversight and annual audits, the monitoring of capital calls and distributions, and assisting with investor requests. This role requires frequent collaboration with other Wellington teams and external service providers (e.g., Fund Administrators, Auditors, Investor Relations). The Fund Controller will report to the team's Associate Director. RESPONSIBILITIES Oversee the quarterly NAV and financial statement process for assigned funds, reviewing work prepared by our third-party administrator, including: Complex private portfolio company transactions and application of manager-provided prices Waterfall and carried interest calculations Differing management fee arrangements Gross and net IRR calculations Ensuring accounting and presentation is consistent with U.S. GAAP and Limited Partnership Agreements Assist with the funds' day-to-day operations, including: Planning and coordination capitals calls and distributions, managing end-to-end process and reviewing calculations and notices produced by our third-party administrator Payment of fund fees and expenses Coordination of deal funding Oversee annual audit process for assigned funds, coordinating with fund administrator and auditors Contribute industry and operational knowledge to product development and new fund launches Help to enhance and expand the internal accounting and finance policies and procedures to ensure best practices are always being followed 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 the funds, Wellington's operational and systems infrastructure and service providers Perform peer review of other team members and oversight of junior team members QUALIFICATIONS College undergraduate degree, preferably in accounting, finance, or business 5-7+ years' experience from a public accounting firm, alternative investment firm, or fund administrator 2-3+ years' experience with private equity fund accounting and operations Experience in other private asset classes (credit, real estate, infrastructure) is strongly favored though not required Knowledge of closed-end fund structures (closes, capital calls, distributions), PE fee structures (management fees, carried interest), and private portfolio company investment transactions and valuation approaches Advanced Excel and Access skills, or a desire to develop them A client service mindset and strong communication skills Completion or progress towards a CPA, CFA, or MBA is a plus OTHER ATTRIBUTES: Motivated work ethic and ambition to expand one's knowledge, impact, and role A proactive nature in developing and improving processes, identifying opportunities for efficiency and or risk reduction Desire and ability to work in a fast-paced, team-oriented environment, performing multiple tasks and balancing competing priorities Natural curiosity and ability to problem-solve, including researching technical accounting topics Acute attention to detail and organizational skills SKILLS JOB TITLE PRIVATE EQUITY - INVESTECH FUND CONTROL & OPERATIONS FUND CONTROLLER LOCATION 280 Congress 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 .
eclaro
Purchase, New York
POSITION OVERVIEW: The Investor Services (IS) Associate will serve as the administrator and business analyst for the Investor Onboarding platform (currently being built on Salesforce Communities), and in the long run will liaise between the IS team, other business lines & Salesforce Tech team to expand the usage of Salesforce, the Investor Onboarding platform, and other technologies to improve Investor Lifecycle management. In the immediate role, they will oversee the ongoing development and operations of the platform for use by internal and external parties. This person will liaise with various parts of the business and external counsel to develop and deploy new business logic and configure subscription document templates for all new funds. This person will also ensure continuity of process throughout the changes from manual to automated & online. Strong relationship-building, problem-solving, and analytical/data-oriented skillsets are required. PRIMARY RESPONSIBILITIES: Liaise with External Legal to gather requirements for new subscription document templates Handle administrative and configuration functions of new subscription document templates within Salesforce Communities, including coordinating with development team as necessary Manage Investor Lifecycle: Initiation, Onboarding, Transfers, Redemptions within Salesforce Manage and coordinate with legal/tax around document tagging, repository, and integration Liaise between users and the application development team Work independently with members of the internal user community to define and document enhancement requirements and reporting needs Coordinate the evaluation, scope and completion of new business logic requests Create controls and routines for quality control over subscription data and processes Continuously assess processes & procedures for improvements & standardization Maintain procedure documentation for team Create/update UAT scripts and facilitate testing On-going support for users on the platform Liaise with internal and external fund controllers, admins, legal, compliance, and tax teams for data and document exchange related to onboarding investors QUALIFICATIONS AND EXPERIENCE : (Academic, Professional, Relevant Job Knowledge) Bachelor's degree required 5+ years of related technical/data analytics/reporting experience Administration experience of Salesforce.com or other CRM system a plus Basic understanding of Private Equity & Alternative Investments a plus Strong relationship-building and communication skills Proven business improvement/problem solving skills Experience working with technology team for requirement gathering, UAT and implementation Exceptional verbal and written communication skills Ability to critically evaluate information gathered from multiple sources, reconcile conflicts, decompose high-level information into details, abstract up from low-level information to a general understanding, and distinguish user requests from the underlying true needs - provided by Dice
POSITION OVERVIEW: The Investor Services (IS) Associate will serve as the administrator and business analyst for the Investor Onboarding platform (currently being built on Salesforce Communities), and in the long run will liaise between the IS team, other business lines & Salesforce Tech team to expand the usage of Salesforce, the Investor Onboarding platform, and other technologies to improve Investor Lifecycle management. In the immediate role, they will oversee the ongoing development and operations of the platform for use by internal and external parties. This person will liaise with various parts of the business and external counsel to develop and deploy new business logic and configure subscription document templates for all new funds. This person will also ensure continuity of process throughout the changes from manual to automated & online. Strong relationship-building, problem-solving, and analytical/data-oriented skillsets are required. PRIMARY RESPONSIBILITIES: Liaise with External Legal to gather requirements for new subscription document templates Handle administrative and configuration functions of new subscription document templates within Salesforce Communities, including coordinating with development team as necessary Manage Investor Lifecycle: Initiation, Onboarding, Transfers, Redemptions within Salesforce Manage and coordinate with legal/tax around document tagging, repository, and integration Liaise between users and the application development team Work independently with members of the internal user community to define and document enhancement requirements and reporting needs Coordinate the evaluation, scope and completion of new business logic requests Create controls and routines for quality control over subscription data and processes Continuously assess processes & procedures for improvements & standardization Maintain procedure documentation for team Create/update UAT scripts and facilitate testing On-going support for users on the platform Liaise with internal and external fund controllers, admins, legal, compliance, and tax teams for data and document exchange related to onboarding investors QUALIFICATIONS AND EXPERIENCE : (Academic, Professional, Relevant Job Knowledge) Bachelor's degree required 5+ years of related technical/data analytics/reporting experience Administration experience of Salesforce.com or other CRM system a plus Basic understanding of Private Equity & Alternative Investments a plus Strong relationship-building and communication skills Proven business improvement/problem solving skills Experience working with technology team for requirement gathering, UAT and implementation Exceptional verbal and written communication skills Ability to critically evaluate information gathered from multiple sources, reconcile conflicts, decompose high-level information into details, abstract up from low-level information to a general understanding, and distinguish user requests from the underlying true needs - provided by Dice