Analyst, Fund Reporting - 1510258

Company: Fidelity Investments
Location: Westlake, TX
Posted on: August 14, 2015

Job Description:

Duties: The Analyst, Fund Reporting is responsible for reviewing the

financial statements, regulatory filings, and other reporting requirements

for all U.S., Canadian, and offshore domiciled Fidelity funds to ensure

compliance with mutual fund accounting, general ledger accounting, and

regulatory reporting requirements. Collaborates with business partners to

ensure reporting deadlines are met. Participates in various committees and

projects to improve the controls, accuracy, and efficiency of the reporting

process.

Primary Responsibilities:

• Prepare annual and semi-annual shareholder reports in accordance

with the Investment Company Act of 1940, analyzing information received

from a variety of sources including the Fund Accounting audit package.

• Perform qualitative reviews of shareholder reports to determine

appropriate presentation and adherence to SEC, CFTC, OSC, and U.S. and

Canadian GAAP requirements to ensure published shareholder reports are free

of material misstatement.

• Identify, analyze, coordinate, and participate in the research of

issues across funds and fund groups to determine the impact on shareholder

and other regulatory reports.

• Review the audit package provided by ASET team, and communicate

with ASET regarding any open issue and questions. Identify issues with the

backup provided, especially with complicated process and securities.

Research problems and resolve issue.

• Work directly with internal and external business partners

(auditing, fund accounting, tax, and pricing team) to identify and resolve

issues during funds research.

• Perform qualitative detailed review of quarterly portfolio listings

for ’40 Act and FIC funds.

• Prepare monthly money market portfolio website listing and N-MFP

SEC filings to ensure accuracy of reporting and presentation in accordance

with regulatory guidance and Fidelity standards.

• Prepare and review regulatory reports such as 24f-2 and Form N-1A,

and perform quantitative detailed review of Form N-SAR to ensure compliance

with regulations, consistency among filings, and to ensure that filings are

free of material misstatements.

• Work within centralized teams in support of the financial statement

production process.

• Participate in complex processes and assignments such as REIT

adjustments, Topic 820 pricing analysis, fund mergers, in-kind

transactions, fund liquidations, and liquidation audits.

• Identify and assess risk and prescribe actions to minimize risk

regarding financial statement disclosure, the reporting process, and the

business.

• Recommend controls for specific problems to ensure risk and

exposure are properly mitigated.

• Develop and maintain strong working relationships with internal and

external customers and business partners to obtain necessary information in

order to resolve issues and ensure a smooth production process.

• Help to improve process efficiency, present innovative

recommendations, and implement resolutions across the department.

• Work within centralized team to provide REIT and MLP related

adjustments and integrate into the production process. Answer inquiries

from fund teams and tax business partners.

• Train new Associate Analysts, assist in problem-resolution for the

Associate Analysts throughout the financial statement process, and assist

the management team in identifying training needs.

Requirements: Bachelor’s degree (or foreign education equivalent) in

Accounting, Finance, or Accounting and Information Management and three (3)

years of experience in the job offered or three (3) years of experience in

mutual fund regulatory analysis and financial statement reporting; or,

alternatively, a Master’s degree (or foreign education equivalent) in

Accounting, Finance, or Accounting and Information Management and one (1)

year of experience in the job offered or one (1) year of experience in

mutual fund regulatory analysis and financial statement reporting. Also

Requires: Demonstrated expertise (“DE”) performing mutual fund analysis

and regulatory reporting preparation and review for equity, fixed income,

money market, and exotic funds (REITs, credit default swaps, written

options, derivatives, in-kind transactions) for compliance with SEC, CFTC,

OSC and U.S. GAAP requirements; DE converting and reviewing mutual fund

general ledger data into financial statements and reports in compliance

with SEC Regulations S-X, using Sungard/InvestOne; DE in Form N-SAR and

Form N-1A reporting to the SEC using FUND Suite, and Form N-MFP and web

holdings reports using Unity.

To apply, visit http://jobs.fidelity.com and search for Job Number 1510258.

Keywords: Fidelity Investments, Dallas , Analyst, Fund Reporting - 1510258, Finance , Westlake, TX, Texas