Job Description:
The Role
As an Associate Analyst, Alternative Accounting, you will have responsibilities covering all aspects of accounting operations performed by the team supporting Fidelity's alternative investment products. You will be performing accounting and pricing functions and act as a contact for daily operational needs. The role will require daily, monthly, quarterly and annual deliverables, implementation of pivotal initiatives, and relationship management.
You will be involved in the operational responsibilities, and you should be passionate about learning new alternative accounting products that are continuously launching
- Assist with internal and external auditor, risk, and compliance inquiries
- Collaboration with team to ensure proper cross-training
- Support the implementation of operations processes and procedures for new products
- Ensure all deliverables and requests handled timely
- Evaluates systems, processes, responsibilities, reporting, etc. for continued efficiency and effectiveness
- Testing of new technology prior to roll out into production and reports results to peers and managers
- Accountable for ensuring requests are processed within stated service level agreements and adhere to Fidelity and regulatory guidelines
- Ensure that all Risk and Compliance controls, policies and procedures are followed
- Evaluate assigned functions and responsibilities, confirm they are addressed timely and any areas of risk are identified and mitigated.
- Strong understanding of systems, processes, and responsibilities
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The Expertise & Skills You Have
- Bachelor's degree in finance/accounting or equivalent with 3+ years of experience or Master's degree with 2 + years of experience
- Experience with Geneva and Geneva World Investor strongly preferred
- Understanding of the finance industry, partnership accounting and back-office operations for alternative products, including private equity, hedge fund and digital asset products preferred
- Strong analytical, communication, conceptual thinking, and problem-solving capabilities
- Ability to collaborate with team members is a must
- Presence and judgment to take ownership of responsibilities and encourage well-reasoned recommendations for updates to improve efficiency where applicable
- Understanding of financial and accounting principles
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. As a member of the Alternative Accounting team, you will collaborate with other teams within FFIO as well as business partners across the organization.
Certifications:
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-we 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.