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Wellington Management

Revenue Accounting Co Op

Posted 2 Days Ago
Be an Early Applicant
In-Office
Boston, MA, USA
19-35 Hourly
Entry level
In-Office
Boston, MA, USA
19-35 Hourly
Entry level
Supports revenue accounting through daily cash application, revenue estimation, journal entries, account maintenance, reporting, client receipt processing, invoicing, and ad hoc requests. The role collaborates with relationship teams and Treasury, assists with system enhancements, and gains exposure to investment management products and finance operations. Strong organization, communication, attention to detail, multitasking, willingness to learn, and Microsoft Excel and Word proficiency are required. Eligibility is limited to Northeastern University students.
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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 (WMC) is one of the world’s largest independent investment management firms. With over $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 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. 

 

The Position

The Revenue Accounting Co-op will be a critical member of the Revenue Accounting team. The team is responsible for all revenue related bookkeeping and data that is used around the firm.  Responsibilities include cash application, generating revenue and recording the monthly revenue journal entries.  Additional responsibilities include the handling of account maintenance, regulatory/management reporting as well as ad hoc requests from internal and external constituents.  

 

Being a critical member of the team the candidate will gain the experience of having significant responsibility surrounding various tasks.   The candidate will gain knowledge of and exposure to the firm's products, such as hedge funds, and its impact to the firm from a Finance perspectiveThe candidate will also focus on maintaining account profiles on the revenue system which requires interaction with many different groups within the firmThe candidate will also be responsible for the processing of client related receipts within the revenue application system and preparing the accompanying journal entries. 

 

Responsibilities  

  • Responsible for daily Cash Application 

  • Regularly interact with relationship teams to effectively procure information 

  • Participate in monthly revenue estimation and accounting processes 

  • Collaborate with our Treasury team to identify receipts 

  • Prepare monthly revenue related deliverables 

  • Assist with the development of system enhancements 

  • Prepare revenue and accounts receivable journal entries 

  • Ad hoc requests from internal and external constituents 

  • Assist the invoicing team to prepare and review client invoices  

qualifications 

  • Strong organizational skills and attention to detail  

  • Excellent written and verbal communication skills 

  • Ability to multi-task and work in a challenging fast paced environment 

  • Willingness and enthusiasm to learn on the job 

  • Previous related work experience or Co-op experience is desirable 

  • Experience with Microsoft Excel and Word is required  

Only Northeastern University students are eligible for this program.

 

Please note: This co-op position entails cross-training to ensure optimal performance across functions. The anticipated start date for accepted candidates is December 2026/January 2027. 

Not sure you meet 100% of our qualifications?  That’s ok. If you believe that you could excel in this role, we encourage you to apply and welcome a chance to review your background. 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 [email protected].

At Wellington Management, our approach to compensation is designed to help us attract, inspire and retain the best talent in our industry. We strive to pay employees fairly and competitively across all levels and roles. Our approach to compensation considers all aspects of total compensation; all employees are eligible to receive salary, variable compensation, and benefits. The base salary range for this position is:

$19-$35 per hour

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.

HQ

Wellington Management Boston, Massachusetts, USA Office

280 Congress St, Boston, Massachusetts, United States, 02210 1023

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