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Fidelity
Fidelity

Financial services company

Sr. Manager, Accounting

RoleFinance
LevelLead
LocationSmithfield, Rhode Island, United States
WorkOn-site
TypeFull-time
Posted2 months ago
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Job Description:

The Role

Learn, grow and build your career as a Senior Manager on the Asset Management ("AM") Accounting Team within Fidelity’s Corporate Accounting function, accountable for financial accounting and controllership to Fidelity’s Institutional Asset Management legal entities!

You will be responsible for performing monthly close processes and overseeing monthly close activities that support the Fidelity Institutional Asset Management legal entities. Additionally, you will oversee the preparation of various financial reports including call reports, board presentations, and annual financial statements. You will also support the team’s various modernization efforts and projects on an ad hoc basis.

You will play a key role in the professional development of the accounting professionals on your team. It will also be important for the Senior Manager to form relationships with accounting leadership, peers, central accounting functions (e.g., accounting policy, technology, etc.), billing and other support functions across the firm, and key vendors.

Required Experience, Leadership and Skills:

Bachelor's degree in Accounting / Finance or equivalent; CPA preferred

7+ years experience, Asset Management or financial services accounting preferred

Ability to lead and develop team members

Strong communication and social skills. Ability to influence business partners to achieve a desired business outcome. Make well-informed / reasoned decisions

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 participation experience. Assist with all aspects of external audits of AM entities. Timely meet requests and provide support. Form relationship with external audit counterparts.

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, socialize and implement operational improvement opportunities.

Build and maintain relationships with the controls program, the accounting policy function, and centers of excellence within Corporate Accounting, as well as key business partners including but not limited to AM finance, AM operations, corporate tax, and corporate treasury.

Excellent written and verbal communications skills, including crafting presentations to communicate accounting results and other financial information.

Be flexible. Be able to work on multiple areas/projects concurrently. Be willing to learn new skills.

Effectively use financial systems, reporting and teamwork tools (Oracle, Excel, Word, Share Point, Power BI, etc.)

Certifications:

Category:

Accounting
Most roles at Fidelity are Hybrid, requiring associates to work onsite every other week (all business days, M-F) in a Fidelity office. This does not apply to Remote or fully Onsite roles.

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.

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About Fidelity

Fidelity

Fidelity

Bootstrapped

Fidelity Investments, formerly known as Fidelity Management & Research (FMR), owned by FMR LLC and headquartered in Boston, Massachusetts, United States, provides financial services.

1-50

Employees

Chatham

Headquarters

$150B

Valuation

Reviews

10 reviews

3.6

10 reviews

Work-life balance

3.8

Compensation

2.5

Culture

3.7

Career

2.8

Management

3.2

65%

Recommend to a friend

Pros

Supportive management and employee well-being focus

Good work-life balance and flexible hours

Excellent benefits and retirement plans

Cons

Low compensation and starting salary

Limited growth opportunities

High workload and stressful during peak times

Salary Ranges

47 data points

Junior/L3

Mid/L4

Junior/L3 · Actuarial Associate

2 reports

$134,392

total per year

Base

$103,378

Stock

-

Bonus

-

$121,290

$134,290

Interview experience

4 interviews

Difficulty

3.0

/ 5

Duration

14-28 weeks

Experience

Positive 0%

Neutral 75%

Negative 25%

Interview process

1

Application Review

2

HR Screen

3

Phone Interview

4

Background Check

5

Offer Decision

Common questions

Behavioral/STAR

Customer Service Scenarios

Financial Services Knowledge

Past Experience

Culture Fit