Fidelity Investments
Director, Shareholder Reporting
Fidelity Investments, Merrimack, NH
Job Description:
The Role
Are you interested in leading people and process on an operational team? Do you have a strong knowledge of financial reporting requirements for investment companies? The Director, Shareholder Financial Reporting role manages a team that delivers accurate and time-sensitive financial reports and filings required for shareholders and regulators. You will supervise and mentor staff to achieve high-quality results and coordinate process controls to proactively mitigate risk! Collaborating with data and systems teams, the Director also identifies new ways to automate and simplify the existing processes. You will collaborate with many groups within the Fidelity organization and use cross functional working relationships to achieve common goals and optimally represent the business to customers and business partners.
The Expertise and Skills You Bring
The Team:
In Shareholder Reporting, we're on a mission to deliver SMART, SIMPLE, and SCALABLE reporting solutions while cultivating our talent. Our team is part of the Fund Administration domain within the FFIO organization. In fact, we're the largest service line within FFIO and are responsible for producing and distributing financial statements, prospectuses, and other fund and legal documents to our customers and filing them with the SEC! Doing this in the smartest and most effective way is more important than ever as we are in the midst of implementing Fidelity's new and alternative investment products, new and changing regulations and a brand-new technology platform that will transform the way we work.
Certifications:
Category:
Investment Operations
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.
The Role
Are you interested in leading people and process on an operational team? Do you have a strong knowledge of financial reporting requirements for investment companies? The Director, Shareholder Financial Reporting role manages a team that delivers accurate and time-sensitive financial reports and filings required for shareholders and regulators. You will supervise and mentor staff to achieve high-quality results and coordinate process controls to proactively mitigate risk! Collaborating with data and systems teams, the Director also identifies new ways to automate and simplify the existing processes. You will collaborate with many groups within the Fidelity organization and use cross functional working relationships to achieve common goals and optimally represent the business to customers and business partners.
- Provide leadership, coaching, guidance, and direction to the team
- Leverage functional and technical area expertise to advise oversight, resolve production issues and implement operational improvements aimed at increasing efficiency and quality
- Define staffing requirements to ensure the ability to deliver superior products and accommodate new requirements as well as new investment and fund products
- Ensure controls are in place to support accurate /timely completion of financial reporting
- Proactively identify high risk exposure and develop effective solutions to minimize risks
- Demonstrate strong judgment in decision-making and raising issues ensuring information is concise and relevant to the most senior levels of management
- Analyze business metrics and participate in strategic planning by establishing clear, measurable performance objectives and standards
- Lead projects in the development of technology solutions and represent the department on projects lead by business partners
The Expertise and Skills You Bring
- 10+ years of financial services experience with a mutual fund operation, custodian bank or asset manager with a focus on financial regulatory reporting
- 5+ years of management experience managing people and leading teams
- Prior experience with financial reporting for investment companies preferred including knowledge of Generally Accepted Accounting Principles (GAAP) or International Financial Reporting Standards (IFRS)
- Bachelor's Degree required. MBA or CPA preferred
- People leadership skills (hiring, training, motivating, managing)
- Innovation mentality - ability to identify and drive forward new ways to improve current processes
- Advanced technical knowledge of investments, accounting (US GAAP) and SEC regulations governing the mutual fund industry
- Knowledge of risk frameworks and ability to design and supervise processes that will ensure a strong control environment
- Ability to work with all levels of management and make high impact decisions efficiently
- Strong understanding of workflows and requirements of internal and external business partners and systems applications
- Excellent written and verbal communications skills and strong presentation capability
- Proficiency in various PC software applications to include Microsoft, Access, Excel, Word, and PowerPoint
The Team:
In Shareholder Reporting, we're on a mission to deliver SMART, SIMPLE, and SCALABLE reporting solutions while cultivating our talent. Our team is part of the Fund Administration domain within the FFIO organization. In fact, we're the largest service line within FFIO and are responsible for producing and distributing financial statements, prospectuses, and other fund and legal documents to our customers and filing them with the SEC! Doing this in the smartest and most effective way is more important than ever as we are in the midst of implementing Fidelity's new and alternative investment products, new and changing regulations and a brand-new technology platform that will transform the way we work.
Certifications:
Category:
Investment Operations
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.