Director of Alternative Accounting Operations

24 hours ago


Roanoke, Texas, United States Fidelity Investments Full time
Job Description:

The Director of Alternative Accounting Operations is a key member of the Fund Operations division within Fidelity's Fund and Investment Operations (FFIO) business unit. This role is responsible for overseeing all aspects of accounting operations for Fidelity's alternative products, including fund structures with varying complexities.

Key Responsibilities:

  • Provide technical leadership and act as a resource to the Alternative Accounting team and other business units within Fidelity.
  • 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 ensure the Alternative Accounting Team can support Fidelity's growing Alternative product offerings.
  • Develop and deliver cogent, insightful presentations to all levels of finance and business leadership.
  • Provide guidance based on experience and knowledge with product development, implementation, and ongoing accounting operations of various alternative products.

Requirements:

  • Bachelor's degree in finance/accounting or equivalent with 10+ years of experience in financial services, with at least 3-5 years spent in Private Equity/Hedge Funds and Alternative Investments.
  • Strong understanding of the alternative fund industry, including private equity and hedge fund products, including BDCs, REITs.
  • Experience with multi-layered fund structures, derivatives, and direct debt.
  • Strong analytical, communication, conceptual thinking, project management, and problem-solving capabilities.

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.

Why Join Fidelity:

We value honesty, integrity, and the safety of our associates and customers within a heavily regulated industry. We offer a range of opportunities for learning and development, a hybrid working model that blends the best of both onsite and offsite work experiences, and a commitment to diversity, equity, and inclusion.



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