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Director Asset Management Accounting

AT Fidelity Investments
Fidelity Investments

Director Asset Management Accounting

Boston, MA

Job Description:

The Role

Learn, grow and build your career as a Director on the Asset Management ("AM") Accounting Team within Fidelity's Corporate Accounting function!

This Director position is a highly visible leadership position and will report directly to the AM Controller. The Director will lead a team of accounting professionals that are collectively responsible for the accounting and reporting for AM legal entities (i.e., primarily registered investment advisers to funds (including alternative funds) and other investment vehicles and separate accounts and other operating entities) that comprise Fidelity's AM business unit, supporting key business initiatives and transactions, and driving operational improvements.

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You will play a key role in the professional development of the accounting professionals on your team. To be successful in this role, it will be important for the Director to have strong technical accounting and reporting experience and working knowledge of accounting operations. It will also be important for the Director to form relationships with senior management, peers, central accounting functions (e.g., accounting policy, technology, etc.), billing and other support functions across the firm, and key vendors.

Expertise and Skills You Bring:

  • Bachelor's degree in Accounting / Finance or equivalent; CPA license
  • 10 years + relevant AM or financial services accounting experience, including public accounting experience
  • Technical accounting experience. Identify and work through items that require a technical accounting assessment (e.g., business change, new products and services, significant transaction, etc. (collectively, "Significant Events")). Working knowledge of revenue recognition and consolidation standards required, collateralized loan obligation, alternative fund, and digital asset accounting experience a plus
  • Strong executive presence and social skills. Ability to influence business partners to achieve a desired business outcome. Make well-informed / reasoned decisions
  • Lead change. Identify, understand, conclude, implement and communicate accounting, process, internal controls, reporting, and other change impacts of Significant Events. Implement accounting models and processes in response to Significant Events
  • Maintain a strong control environment. Responsible for operational processes and internal controls to mitigate accounting and operational risks. Evaluate the results of management's testing of controls performed by internal controls function
  • Financial reporting experience. Prepare and review financial statements in accordance with U.S. GAAP
  • Audit management experience. Lead all aspects of efforts to support external audits of AM entities. Timely resolve audit inquiries / issues. Update the auditors throughout the year on Significant Events
  • Accounting operations experience. Timely work through operational issues impacting the accounting close and otherwise, as needed. Review and analyze legal entity results. Maintain documentation of significant related party transactions
  • Maintain an appropriate level of professional skepticism
  • Be change agent to propel the team forward. Identify, prioritize and socialize operational improvement opportunities Deliver improvements
  • Build and maintain relationships with the auditors, the controls program, the accounting policy function, and centers of excellence within Corporate Accounting, and well as key business partners including but not limited to senior members of AM finance, AM operations, corporate tax, corporate treasury
  • Excellent written and verbal communications skills, including crafting and delivering presentations to communicate accounting results and other financial information
  • Lead, coach, mentor and otherwise develop AM Accounting Team members. Encourage participation in various Fidelity and externally sponsored trainings. Create a positive culture of partnership across the organization
  • Be flexible. Be able to work on multiple areas/projects concurrently. Be willing to learn new skill
  • Effectively use financial systems, reporting and teamwork tools (Oracle, Excel, Word, SharePoint, Power BI, etc.)

Certifications:

Category:

Accounting
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 every other week (all business days, M-F) in a Fidelity office.

Client-provided location(s): Boston, MA, USA; Smithfield, RI, USA; Merrimack, NH, USA
Job ID: Fidelity-2109261
Employment Type: Other

Perks and Benefits

  • Health and Wellness

    • Health Insurance
    • Dental Insurance
    • Vision Insurance
    • Life Insurance
    • Short-Term Disability
    • Long-Term Disability
    • FSA
    • HSA
    • HSA With Employer Contribution
    • Fitness Subsidies
    • On-Site Gym
    • Pet Insurance
    • Mental Health Benefits
    • Virtual Fitness Classes
  • Parental Benefits

    • Birth Parent or Maternity Leave
    • Non-Birth Parent or Paternity Leave
    • Fertility Benefits
    • Adoption Assistance Program
    • Family Support Resources
    • Adoption Leave
  • Work Flexibility

    • Flexible Work Hours
    • Remote Work Opportunities
    • Hybrid Work Opportunities
  • Office Life and Perks

    • Commuter Benefits Program
    • Casual Dress
    • Snacks
    • Company Outings
    • On-Site Cafeteria
    • Holiday Events
  • Vacation and Time Off

    • Paid Vacation
    • Paid Holidays
    • Personal/Sick Days
    • Leave of Absence
  • Financial and Retirement

    • 401(K)
    • 401(K) With Company Matching
    • Company Equity
    • Performance Bonus
    • Relocation Assistance
    • Financial Counseling
    • Profit Sharing
  • Professional Development

    • Tuition Reimbursement
    • Promote From Within
    • Mentor Program
    • Shadowing Opportunities
    • Access to Online Courses
    • Lunch and Learns
    • Internship Program
    • Work Visa Sponsorship
    • Leadership Training Program
    • Associate or Rotational Training Program

Company Videos

Hear directly from employees about what it is like to work at Fidelity Investments.