Manager - Accounting Policy & Standards

Job Description

The Accounting Policy and Standards Manager is responsible for guiding the application of accounting rules by all Fidelity corporate legal entities.

This position is a high-visibility role that will work with all levels of management and with many groups across the company.

The Team

Accounting Policy & Standards supports the larger Corporate Accounting function in providing accounting services to Fidelity’s Financial Services business units, the Corporate and Shared Services organizations, the Diversified Investments business, investment partnerships, and the parent company, FMR LLC.

The team is primarily responsible for setting accounting policies for the firm, leading the implementation of new accounting updates, and conducting research for new and proposed transactions, product offerings, and other matters to ensure proper application of all applicable standards, including US GAAP.

The team also assists with the preparation of financial statements and delivers trainings to the firm’s accounting professionals.

The Expertise You Have

• Bachelors or Master’s degree with a concentration in Accounting
• 7+ years of public accounting experience, preferably in financial services
• Significant knowledge of US GAAP / SEC rules and regulations and the ability to apply this guidance to various transactions and fact patterns
• Experience in an accounting consultation / research role or within a public accounting national office is strongly preferred
• CPA license preferred

The Skills You Bring

• Strong technical accounting skills (knowledge and application of US GAAP and SEC rules and regulations)
• Ability to read, interpret, summarize, and apply accounting standards
• Excellent written and verbal communication skills and the ability to interact effectively and confidently with all levels of management and with various business groups
• Willingness and ability to take ownership of projects, including the implementation of new accounting standards
• Ability to be effective working both independently and within a team

The Value You Deliver

• Perform research and analysis to identify and support the resolution of accounting issues while ensuring that each significant or precedent-setting transaction receives the attention necessary to reach accurate and timely conclusions.
• Author technical accounting memos to document conclusions reached related to these matters.
• Monitor and assess the effects of proposed ASUs.
• Lead the interpretation and implementation of new accounting standards.
• Interact with Fidelity’s auditors and confidently present and defend our accounting positions.
• Maintain and update existing policies for changes in guidance or business practices and draft new accounting policies to address new guidance or business activities.
• Provide information to Corporate Accounting colleagues, Finance partners, and business leaders on emerging accounting and reporting matters that may have implications to the business.
• Develop and present technical accounting trainings covering both new and existing requirements.
• Work collaboratively with Corporate Accounting colleagues and finance peers.
• Assist with reviewing parent and subsidiary financial statements prepared under US GAAP and IFRS.

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