Senior Manager, Alternative Accounting

Job Description:

The Role

As a Senior Manager within the Alternative Accounting team, you will have leadership responsibilities covering all aspects of accounting operations performed by the team supporting Fidelity s alternative investment products.\u00A0 You will oversee a staff of associates performing accounting and pricing functions and act as the primary contact for daily operational needs, while providing leadership and support in collaboration with other associates within the business unit. The role requires expertise related to responsibilities including daily deliverable review and oversite, pivotal initiatives, business performance evaluation, and relationship management.

As a leader of the team, the role provides divisional level support for all aspects of the business including risk management, operational strategy, systems improvement prioritization, communication strategy, customer/vendor/peer relationships, resource alignment, cost control, project management, business continuity and new business opportunities. In addition to operational responsibilities, the Senior Manager is also passionate about mentoring staff and providing career growth opportunities to develop a hardworking and efficient team.

You will collaborate with other teams within FFIO and business associates across the firm and will interact with senior members of FFIO s organizations with a high degree of autonomy. The Expertise and Skills you Bring

• Bachelor s degree in finance/accounting or equivalent with 6+ years of experience or Master s degree with 4 + years of experience

• Experience with Geneva and Geneva World Investor preferred

• Strong understanding of the finance industry, partnership accounting and back-office operations for alternative products, including private equity, hedge fund and digital asset products

• Outstanding analytical, communication, conceptual thinking, project management, and problem-solving capabilities.

• Flexibility and the skill to both lead and contribute to teams are musts

• Strong communication skills with the ability to develop and deliver cogent, insightful presentations to all levels of finance and business leadership

• Presence and judgment to put forward well-reasoned recommendations and engage in dialogue with key decision-makers

• Understanding of financial and accounting principles and how to apply them in business

• Provide guidance with product development, implementation, and ongoing accounting operations of various alternative products including open and close ended partnerships in standalone and master feeder structures

• Perform detailed review of activity within the portfolios including but not limited to valuation, investor allocations, complex expense calculations

• Assist with internal and external auditor, risk, and compliance inquiries

• Provides feedback, direction, assists in development of and ensures proper cross-training of analysts within team

• Support the implementation of operations processes and procedures for new products

• Values and rewards contributions, drive, initiative, and achievement of results

• Coordinates and manages departmental workflows

• Evaluates systems, processes, responsibilities, reporting, etc. for continued efficiency and effectiveness

• Coordinates testing of new technology prior to roll out into production and reports results to peers and managers

• Provide functional area expertise, oversight, problem resolution, training, analysis, and reporting as required across a variety of group responsibilities

• Accountable for ensuring requests are processed within stated service level agreements and adhere to Fidelity and regulatory guidelines

• Ensure that all processes have sufficient Risk and Compliance controls and policies and procedures are communicated and followed.

• Evaluate the department s functions and responsibilities, confirm they are addressed timely, and any areas of risk are identified and mitigated.

• Collaborate with management to make effective use of available resources across groups and recommend changes to systems, processes, and responsibilities as needed

• Coordinate team wide initiatives and communicate plans to key stakeholders

• Work with associates to build meaningful development plans

The Team

The Alternative Accounting Team is part of the Fund Operations division within Fidelity's Fund and Investment Operations (FFIO) business unit.\u00A0 The Fund Operations division provides back office operational support to Fidelity Retail and Institutional products, including books and records maintenance, securities' pricing, fund and security level performance analysis, financial reporting, and tax work. The Alternative Accounting Team provides operational support for, as well as performs the daily, monthly and quarterly pricing and bookkeeping for Fidelity s alternative and digital products.

Company Overview

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. We assist companies and non-profit organizations in delivering benefits to their employees. And we provide institutions and independent advisors with investment and technology solutions to help invest their own clients money.

Join Us

At Fidelity, you ll find endless opportunities to build a meaningful career that positively impacts peoples lives, including yours. You can take advantage of flexible benefits that support you through every stage of your career, empowering you to thrive at work and at home. Honored with a Glassdoor Employees Choice Award, we have been recognized by our employees as a top 10 Best Place to Work in 2024. And you don t need a finance background to succeed at Fidelity\u2014we offer a range of opportunities for learning so you can build the career you ve always imagined.

Fidelity s hybrid working model blends the best of both onsite and offsite work experiences. Working onsite is important for our business strategy and our culture. We also value the benefits that working offsite offers associates. Most hybrid roles require associates to work onsite all business days of every other week in a Fidelity office.

At Fidelity, we value honesty, integrity, and the safety of our associates and customers within a heavily regulated industry. Certain roles may require candidates to go through a preliminary credit check during the screening process. Candidates who are presented with a Fidelity offer will need to go through a background investigation, detailed in this document, and may be asked to provide additional documentation as requested. This investigation includes but is not limited to a criminal, civil litigations and regulatory review, employment, education, and credit review (role dependent). These investigations will account for 7 years or more of history, depending on the role. Where permitted by federal or state law, Fidelity will also conduct a pre-employment drug screen, which will review for the following substances: Amphetamines, THC (marijuana), cocaine, opiates, phencyclidine.

We invite you to Find Your Fidelity at fidelitycareers.com.

Fidelity Investments is an equal opportunity employer. We believe that the most effective way to attract, develop and retain a diverse workforce is to build an enduring culture of inclusion and belonging.

Fidelity will reasonably accommodate applicants with disabilities who need adjustments to participate in the application or interview process. To initiate a request for an accommodation, contact the HR Accommodation Team by sending an email to accommodations@fmr.com.