Associate Accountant

Reposted 24 Days Ago
Be an Early Applicant
Smithfield, RI, USA
In-Office
Entry level
Fintech
The Role
The Associate Accountant will manage accounting tasks, prepare journal entries, account reconciliations, and assist with regulatory filings. This role requires solid accounting knowledge and organizational skills.
Summary Generated by Built In
Job Description:

Associate Accountant

Note: Fidelity is not providing immigration sponsorship for this position

The Role

As an Associate Accountant at Fidelity Investments, you'll be an integral part of our team, coordinating crucial accounting and reporting activities for the Fidelity Investments Life Insurance (FILI) separate account investments and financial operations. You will be responsible for supporting our customers’ separate account investments.  Your role will involve preparing journal entries, account reconciliations, and assisting in the preparation of quarterly regulatory filings and annual financial statements. This is a fantastic opportunity to showcase your expertise and make a significant impact

The Expertise and Skills You Bring

  • Bachelor’s degree in accounting.

  • Experience in the Financial Services industry preferred but not required.

  • Solid understanding of accounting principles, financial reporting practices, and internal controls.

  • Highly motivated, flexible, quality focused teammate with excellent organizational skills.

  • Ability to multi-task, work under pressure, and meet tight deadlines.

  • Work independently and exhibit both independent thinking and good judgment.

  • Strong written and verbal communication skills.

  • Understanding of Microsoft Office Suite (particularly Excel) and the ability to learn financial systems and multidimensional reporting tools (i.e., Oracle, Essbase, Power BI).

  • Your proven ability to successfully implement innovative solutions and your outstanding attention to detail will be key in this role. We value your ability to work independently while demonstrating excellent judgement and communication skills.

The Team

As a valued member of the FILI Accounting Team, you will ensure transactions are recorded accurately. You will safeguard the firm's assets through meticulous financial accounting, internal controls, and legal entity reporting. FILI dedicates itself to providing world-class annuity and insurance products that help customers save for retirement and generate guaranteed lifetime income. Our team thrives on collaboration and inclusion, driven by ambitious goals and strong dedication to our clients’ success. Join us and be part of a team that continually competes at the highest level.

Certifications:

Category:Accounting

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.

Skills Required

  • Bachelor's degree in accounting
  • Experience in financial services
  • Solid understanding of accounting principles
  • Ability to work under pressure and meet deadlines
  • Strong communication skills

Fidelity Investments Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Fidelity Investments and has not been reviewed or approved by Fidelity Investments.

  • Strong & Reliable Incentives Bonuses, commissions, and profit-sharing are presented as generous and meaningful components of total compensation, with certain roles achieving high total earnings through multiple pay streams. Variable pay is consistently framed as a positive contributor beyond base salary.
  • Retirement Support A 401(k) match up to 7% alongside additional profit-sharing up to 10% materially enhances long-term compensation. These retirement features are highlighted as standout strengths of the overall package.
  • Parental & Family Support Generous paid parental leave (16 weeks maternity, 12 weeks parental), backup dependent care, and adoption assistance provide robust family support. Hybrid work and caregiving resources further ease family responsibilities.

Fidelity Investments Insights

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The Company
HQ: Boston, MA
58,848 Employees
Year Founded: 1946

What We Do

At Fidelity, our goal is to make financial expertise broadly accessible and effective in helping people live the lives they want. We do this by focusing on a diverse set of customers: - from 23 million people investing their life savings, to 20,000 businesses managing their employee benefits to 10,000 advisors needing innovative technology to invest their clients’ money. We offer investment management, retirement planning, portfolio guidance, brokerage, and many other financial products. Privately held for nearly 70 years, we’ve always believed by providing investors with access to the information and expertise, we can help them achieve better results. That’s been our approach- innovative yet personal, compassionate yet responsible, grounded by a tireless work ethic—it is the heart of the Fidelity way.

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