Job Description:

The Accounting Policy and Standards Manager is responsible for guiding the application of accounting rules by all Fidelity corporate legal entities. This position is a high-visibility role that will work with all levels of management and with many groups across the company.

The Team

Accounting Policy & Standards supports the larger Corporate Accounting function in providing accounting services to Fidelity's Financial Services business units, the Corporate and Shared Services organizations, the Diversified Investments business, investment partnerships, and the parent company, FMR LLC. The team is primarily responsible for setting accounting policies for the firm, leading the implementation of new accounting updates, and conducting research for new and proposed transactions, product offerings, and other matters to ensure proper application of all applicable standards, including US GAAP. The team also assists with the preparation of financial statements and delivers trainings to the firm's accounting professionals.

The Expertise You Have

• Bachelors or Master's degree with a concentration in Accounting
• 7+ years of public accounting experience, preferably in financial services
• Significant knowledge of US GAAP / SEC rules and regulations and the ability to apply this guidance to various transactions and fact patterns
• Experience in an accounting consultation / research role or within a public accounting national office is strongly preferred
• CPA license preferred

The Skills You Bring

• Strong technical accounting skills (knowledge and application of US GAAP and SEC rules and regulations)
• Ability to read, interpret, summarize, and apply accounting standards
• Excellent written and verbal communication skills and the ability to interact effectively and confidently with all levels of management and with various business groups
• Willingness and ability to take ownership of projects, including the implementation of new accounting standards
• Ability to be effective working both independently and within a team

The Value You Deliver

• Perform research and analysis to identify and support the resolution of accounting issues while ensuring that each significant or precedent-setting transaction receives the attention necessary to reach accurate and timely conclusions.
• Author technical accounting memos to document conclusions reached related to these matters.
• Monitor and assess the effects of proposed ASUs.
• Lead the interpretation and implementation of new accounting standards.
• Interact with Fidelity's auditors and confidently present and defend our accounting positions.
• Maintain and update existing policies for changes in guidance or business practices and draft new accounting policies to address new guidance or business activities.
• Develop and maintain operational accounting policies
• Provide information to Corporate Accounting colleagues, Finance partners, and business leaders on emerging accounting and reporting matters that may have implications to the business.
• Develop and present technical accounting trainings covering both new and existing requirements.
• Work collaboratively with Corporate Accounting colleagues and finance peers.
• Assist with reviewing parent and subsidiary financial statements prepared under US GAAP and IFRS.

Placement in the range will vary based on job responsibilities and scope, geographic location, candidate's relevant experience, and other factors.

Base salary is only part of the total compensation package. Depending on the position and eligibility requirements, the offer package may also include bonus or other variable compensation.

We offer a wide range of benefits to meet your evolving needs and help you live your best life at work and at home. These benefits include comprehensive health care coverage and emotional well-being support, market-leading retirement, generous paid time off and parental leave, charitable giving employee match program, and educational assistance including student loan repayment, tuition reimbursement, and learning resources to develop your career. Note, the application window closes when the position is filled or unposted.

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.

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.

Certifications:

Company Overview

Fidelity Investments is a privately held company with a mission to strengthen the financial well-being of our clients. We help people invest and plan for their future. We assist companies and non-profit organizations in delivering benefits to their employees. And we provide institutions and independent advisors with investment and technology solutions to help invest their own clients' money.

Join Us

At Fidelity, you'll find endless opportunities to build a meaningful career that positively impacts peoples' lives, including yours. You can take advantage of flexible benefits that support you through every stage of your career, empowering you to thrive at work and at home. Honored with a Glassdoor Employees' Choice Award, we have been recognized by our employees as a top 10 Best Place to Work in 2024. And you don't need a finance background to succeed at Fidelity-we offer a range of opportunities for learning so you can build the career you've always imagined.

Fidelity's hybrid working model blends the best of both onsite and offsite work experiences. Having the majority of our associates work onsite is important for our business strategy and our culture. We also value the benefits that working offsite offers associates. Most roles listed as Hybrid will require associates to work onsite all business days of every other week in a Fidelity office. This does not apply to roles listed as Remote or Onsite.

At Fidelity, we value honesty, integrity, and the safety of our associates and customers within a heavily regulated industry. Certain roles may require candidates to go through a preliminary credit check during the screening process. Candidates who are presented with a Fidelity offer will need to go through a background investigation, detailed in this document, and may be asked to provide additional documentation as requested. This investigation includes but is not limited to a criminal, civil litigations and regulatory review, employment, education, and credit review (role dependent). These investigations will account for 7 years or more of history, depending on the role. Where permitted by federal or state law, Fidelity will also conduct a pre-employment drug screen, which will review for the following substances: Amphetamines, THC (marijuana), cocaine, opiates, phencyclidine.

We invite you to Find Your Fidelity at fidelitycareers.com.

Fidelity Investments is an equal opportunity employer. We believe that the most effective way to attract, develop and retain a diverse workforce is to build an enduring culture of inclusion and belonging.

Fidelity will reasonably accommodate applicants with disabilities who need adjustments to participate in the application or interview process. To initiate a request for an accommodation, contact the HR Accommodation Team by sending an email to accommodations@fmr.com.