Manager, Accounting

Job Description:

Position Description:

Oversees financial accounting and controllership for Fidelity’s Brokerage and wealth legal entities. Performs monthly close processes and leads monthly close activities. Collaborates with business partners and finance partners relating to monthly and quarterly financial reporting processes. Streamlines accounting close activities as well as leading all aspects of the financial statement process. Supports the team’s multiple modernization efforts and projects.

Primary Responsibilities:

• Works closely with finance, business, accounting policy, and other BU accounting teams to ensure transactions are accurately recorded in the G/L.
• Launches new product and ensures new transactions are recorded accurately and in compliance with accounting or regulatory guidance.
• Supervise month end accounting close responsibilities, including reviewing journal entries, account reconciliations, and variance analysis for respective legal entities.
• Provides written financial commentary and presents these results during monthly or quarterly financial reporting reviews.
• Participates in the annual audit process with external auditors, including the preparation of financial statements and audit schedules.
• Involves in the internal audit process with internal audit, risk, financial controls team to ensure the processes and controls are appropriately set-up.
• Performs quarterly reviews and supports regulatory filings for various state regulators.
• Prepares and reviews the annual audited financial statements.
• Participates in financial control assessments and implement controls related to digital assets as related to financial accounting and reporting.
• Responds to inquiries from management, auditors, and regulatory agencies.

Education and Experience:

No degree and five (5) years of experience as a Manager, Accounting (or closely related occupation) performing financial and operational audits and identifying and evaluating financial controls adhering to Committee of Sponsoring Organization (“COSO”) and Generally Accepted Accounting Principles (“GAAP”).

Or, alternatively, Bachelor’s degree (or foreign education equivalent) in Accounting, Economics, Finance, Commerce, or a closely related field and three (3) years of experience as a Manager, Accounting (or closely related occupation) performing financial and operational audits and identifying and evaluating financial controls adhering to Committee of Sponsoring Organization (“COSO”) and Generally Accepted Accounting Principles (“GAAP”).

Or, alternatively, Master’s degree (or foreign education equivalent) in Accounting, Economics, Finance, Commerce, or a closely related field and one (1) year of experience as a Manager, Accounting (or closely related occupation) performing financial and operational audits and identifying and evaluating financial controls adhering to Committee of Sponsoring Organization (“COSO”) and Generally Accepted Accounting Principles (“GAAP”).

Skills and Knowledge:

Candidate must also possess:

• Demonstrated Expertise (“DE”) conducting internal audits of financial, operational, and regulatory risks and controls following Sarbanes Oxley (SOX) Act requirements, Risk Assessments, GAAP, COSO, COBIT frameworks and Public Company Accounting Oversight Board (PCAOB) guidelines; identifying and evaluating internal controls over financial reporting; reviewing accounting and financial reporting using Blackline and Snowflake; and developing presentations to report to senior management using PowerBI.
• DE identifying and evaluating internal controls (manual and IT controls), including reconciliation controls, in key business processes (record to report, procure to pay, acquire to retire / Fixed Assets, fee, billing and collection, and revenue recognition); and extracting and analyzing data from ERP systems -- Oracle, SAP and NetSuite to identify potential risk gaps and implement controls.
• DE analyzing financial data using data extraction and analytics tools and techniques – Alteryx and Power BI; and reviewing report logics and system parameters utilized for report extraction to ensure completeness and accuracy of financial information, using risk management and financial reporting tools-- Archer and Workiva.
• DE performing financial statement risk assessments in preparation for and supporting financial audits and regulatory audits; and managing the financial audit projects using project management tools -- JIRA, Microsoft Project, and Smartsheet, including designing process flowcharts and process narratives using Workiva and Visio.

Salary:  $123,600.00- $133,600.00/year.

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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.