Alternative Accounting Manager

Job Description : The Role

The Role

As an Alternative Accounting Team Manager, you will have oversight responsibilities covering all aspects of accounting operations performed by the team supporting Fidelity's Alternative investment products.

You will work closely with a team of associates performing accounting and pricing functions and act as the primary contact for daily operational needs, while providing direction, leadership, and support in collaboration with other associates within the business unit.

The role requires expertise related to daily deliverable review and oversite, pivotal initiatives, business performance evaluation, and relationship management.

As we are a newer team within Fidelity, the role may also require that you be hands on in the operations, supporting complex alternative funds and helping to build out processes and procedures.

In addition to operational responsibilities, the Manager is also passionate about coaching the staff to aid in the development and growth of the team.

As a member of the Alternative Accounting team, you will be involved in the operational responsibilities, will collaborate with other teams within FFIO as well as business partners across the organization and you will interact with senior members of FFIO's organizations with a high degree of autonomy.

The Expertise and Skills You Bring

• BA / BS preferred Business, Accounting or Finance concentration
• 5+ years of financial services experience
• Geneva experience recommended
• Management experience including the ability to lead a staff and build customer relationships in a fast-paced environment
• Provides feedback, direction, assists in development of and ensures proper cross-training of analysts within team
• Creates operational processes and procedures for new products
• Values and rewards contributions, drive, initiative, and achievement of results
• Coordinates and leads departmental workflows
• Participates in and implements strategy and initiatives set forth by senior leadership
• Works to recommend changes to systems, processes, responsibilities, reporting, etc.
• Coordinates testing of new technology prior to roll out into production and reports results to peers and managers
• Provides technical leadership and act as a technical resource to group, as well as other areas of Fidelity
• Monitors and assesses the department's control environment; identifies potential issues and their impact on internal controls and drives a course of action to mitigate risk
• Escalates operational incidents to senior management and Risk team; manages resolution process
• Leads and maintains relationships with business partners and expectations of service levels

The Team

The Alternative Accounting Team is part of the Fund Operations division within Fidelity's Fund and Investment Operations (FFIO) business unit.

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 within FFIO.

Certifications : Category :

Category :

Investment Operations

Fidelity's working model blends the best of working offsite with maximizing time together in person to meet associate and business needs.

Currently, most hybrid roles require associates to work onsite all business days of one assigned week per four-week period (beginning in September 2024, the requirement will be two full assigned weeks).