Job Description:
Alternative Accounting Manager
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 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 are hands on in the operations, supporting complex alternative funds and helping to build out processes and procedures. Prior experience in daily operations supporting digital assets is preferred, but not required.
In addition to operational responsibilities, the Manager is also passionate about coaching the staff to aid in the development and growth of the 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
Prior experience in daily operations supporting digital assets and/or derivatives is preferred, but not required.
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
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
Provides feedback, direction, assists in development of and ensures proper cross-training of analysts within team
Perform detailed review of activity within the portfolios including but not limited to valuation, investor allocations, complex expense calculations
Note: Fidelity will not provide immigration sponsorship for this position.
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.
Certifications:
Category:
OperationsFidelity’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.
Please be advised that Fidelity’s business is governed by the provisions of the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, the Investment Company Act of 1940, ERISA, numerous state laws governing securities, investment and retirement-related financial activities and the rules and regulations of numerous self-regulatory organizations, including FINRA, among others. Those laws and regulations may restrict Fidelity from hiring and/or associating with individuals with certain Criminal Histories.