Revenue Accounting Co Op at Wellington Management in Boston, MA

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 (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 perspective . The candidate will also focus on maintaining account profiles on the revenue system which requires interaction with many different groups within the firm . The 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 chan