Manager, Billing & Expense
About The Position
As a Manager, Billing & Expense, you will have responsibilities covering all aspects of billing and expense operations supporting client and fund fee processes. You will work closely with associates across the business and act as a primary contact for daily operational needs, while providing direction, leadership, and support in collaboration with partners across the organization. The role requires expertise in monthly and quarterly deliverables, business performance evaluation, and stakeholder management. This role is an individual contributor position at the manager level and requires a hands-on approach to executing complex billing activities, including management and performance fee calculations, while helping to enhance processes and controls. In addition to operational responsibilities, you will contribute to improving workflows, supporting key initiatives, and collaborating with internal teams including Fund Accounting, Institutional Client Services, Corporate Accounting, and more.
Requirements
- Bachelor’s degree in Finance, Accounting, or related field with relevant experience
- Strong experience in alternative fund accounting, including private equity or hedge fund structures
- Experience with management and performance fee calculations and partner allocations
- Advanced Excel skills required
- Strong analytical, problem-solving, and communication skills
- Ability to operate independently in a hands-on role while contributing to broader team initiatives
- Understanding of financial and accounting principles and their application in operational processes
Nice To Haves
- Public accounting (audit) background preferred
- Experience with Geneva preferred
Responsibilities
- Provide guidance and expertise in billing processes, including client invoicing and fund-level management and performance fee calculations
- Perform detailed review of fee calculations, allocations, and supporting financial data
- Support implementation and enhancement of operational processes and procedures
- Coordinate and manage workflows associated with monthly and quarterly deliverables
- Evaluate systems, processes, and reporting for efficiency and effectiveness
- Coordinate testing of system or process enhancements and communicate results
- Provide functional expertise, problem resolution, analysis, and reporting across billing and expense activities
- Ensure deliverables are completed within established timelines and in accordance with policies and controls
- Identify risks and ensure appropriate controls are in place and operating effectively
- Collaborate with stakeholders to improve processes and drive operational efficiency
Benefits
- Fidelity will reasonably accommodate applicants with disabilities who need adjustments to participate in the application or interview process.
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What This Job Offers
Job Type
Full-time
Career Level
Manager
