Senior Accounting Director
4 days ago
About the Role:
The Senior Accounting Director will oversee all aspects of accounting operations across a wide range of product structures, including Limited Partnerships, REITs, BDCs, Interval Funds, and Crypto. This role requires expertise in daily deliverable oversight, pivotal initiatives, business performance evaluation, and executive relationship management.
The ideal candidate will have a strong understanding of the alternative fund industry, including private equity and hedge fund products, and experience with multi-layered fund structures, derivatives, and direct debt. They will also have a strong understanding of partnership accounting, investor allocations, and complex investor-level management fee and incentive fee calculations.
Responsibilities:
- Oversee daily, monthly, and quarterly pricing and bookkeeping for Fidelity's alternative products
- Collaborate with Asset Management, Legal, Risk, and Compliance on product launches and build processes specific to fund record keeping, investor servicing, tax reporting, and financial reporting
- Drive innovation to support Fidelity's growing Alternative product offerings
- Provide technical leadership and act as a technical resource to the Alternative Accounting team and other business units within Fidelity
- Assist with quarterly financial statement preparation, annual tax and audit reporting, and risk and compliance inquiries
Requirements:
- Bachelor's degree in finance/accounting or equivalent with 10+ years of experience in financial services, or Master's degree with 8+ years of experience
- Strong understanding of the alternative fund industry, including private equity and hedge fund products
- Experience with multi-layered fund structures, derivatives, and direct debt
- Strong understanding of partnership accounting, investor allocations, and complex investor-level management fee and incentive fee calculations
About Fidelity Investments:
Fidelity Investments is a privately held company with a mission to strengthen the financial well-being of our clients. We help people invest and plan for their future, assist companies and non-profit organizations in delivering benefits to their employees, and provide institutions and independent advisors with investment and technology solutions to help invest their own clients' money.
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