Fidelity off Campus Drive 2023 : Hiring As Asset Reconciliation/ Financial Reporting. Commerce Graduate ,BCOM,MCOM Candidate can apply for the post.
Table of Contents
Complete details are given below:-
- Company – Fidelity
- Roles -Asset Reconciliation/ Financial Reporting
- Qualifications -Commerce Graduate ,BCOM,MCOM
- Location -Gurgaon/ Bangalore
- Work Experience -0-3
- Salary -4 LPA – 6 LPA
ABOUT THE COMPANY
Fidelity Investments, commonly known as Fidelity, is a global financial services company that provides investment management, retirement planning, brokerage services, and other financial products and services. With a history dating back to 1946, Fidelity has established itself as a trusted and reputable name in the financial industry. The company serves a wide range of clients, including individual investors, financial advisors, institutions, and corporations. Fidelity offers a comprehensive suite of investment options, including mutual funds, exchange-traded funds (ETFs), retirement accounts, and advisory services. With a focus on delivering exceptional customer service and innovative financial solutions, Fidelity strives to help its clients achieve their financial goals and secure their financial futures.
Job Responsibility For Asset Reconciliation Role
- Asset Reconciliation: Perform daily, monthly, or periodic reconciliation of investment and financial assets. Compare internal records, statements, and data with external sources such as custodians, brokers, or exchanges to ensure accurate representation and alignment of asset holdings.
- Data Analysis: Analyze and interpret financial data, transactional records, and reports to identify discrepancies, anomalies, or errors in asset positions, transactions, or valuations. Investigate and resolve any discrepancies or issues found during the reconciliation process.
- Recordkeeping and Documentation: Maintain accurate and up-to-date records of asset transactions, reconciliations, and related documentation. Ensure compliance with regulatory requirements and internal policies and procedures.
- Issue Resolution: Collaborate with internal teams such as operations, accounting, and portfolio management to address and resolve any outstanding issues or discrepancies. Escalate complex or unresolved issues to the appropriate stakeholders for further investigation and resolution.
- Process Improvement: Continuously review and evaluate reconciliation processes, systems, and workflows to identify opportunities for improvement. Suggest and implement enhancements or automation solutions to streamline processes, increase efficiency, and reduce manual effort.
Job Responsibility For Financial Reporting Role
- Financial Statement Preparation: Prepare accurate and timely financial statements, including balance sheets, income statements, cash flow statements, and statements of equity. Ensure compliance with accounting standards and regulatory requirements.
- Financial Analysis: Analyze financial data and performance metrics to identify trends, variances, and insights. Provide meaningful analysis and interpretation of financial information to support decision-making and strategic planning.
- Compliance and Regulatory Reporting: Ensure compliance with applicable financial reporting standards, such as Generally Accepted Accounting Principles (GAAP) or International Financial Reporting Standards (IFRS). Prepare regulatory reports, filings, and disclosures as required by regulatory bodies and stakeholders.
- Internal Controls: Implement and maintain effective internal controls over financial reporting to ensure accuracy, reliability, and integrity of financial information. Monitor compliance with control procedures and identify areas for improvement.
- Consolidation and Intercompany Accounting: Consolidate financial results of multiple entities or subsidiaries within the organization. Perform intercompany eliminations and reconciliation of intercompany accounts to ensure accurate reporting of financial results.
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Skills Required For The Post
- Financial Knowledge: A strong understanding of financial concepts, accounting principles, and financial statements is essential. Familiarity with asset classes, investment products, and financial instruments is also beneficial.
- Attention to Detail: Both Asset Reconciliation and Financial Reporting roles require a high level of accuracy and attention to detail. Being able to identify and resolve discrepancies, reconcile data, and ensure the accuracy of financial information is crucial.
- Analytical Skills: Strong analytical skills are necessary to analyze financial data, identify trends and patterns, and interpret complex financial information. The ability to conduct financial analysis and present meaningful insights is important for both roles.
- Technical Competence: Proficiency in financial software and tools used for asset reconciliation and financial reporting is often required. This can include experience with accounting software, reconciliation tools, financial data management systems, and advanced Excel skills.
HOW TO APPLY FOR FIDELITY 2023 ?
To apply for the Fidelity Recruitment 2023 interested candidates must follow the procedure outlined below:
- Click on the “Apply here” button provided below. You will be redirected to the company official career page.
- Click on “Apply Online”.
- If you have not registered before, create an account.
- After registration, login and fill in the application form with all the necessary details.
- Submit all relevant documents, if requested (e.g. resume, mark sheet, ID proof).
- Provide accurate information in your application.
- Verify that all the details entered are correct.
- Submit the application process after verification.
INTERESTED CANDIDATES CAN APPLY THROUGH THE BELOW LINK
ROLE- Asset Reconciliation (Gurgaon Location)
ROLE- Financial Reporting (Bangalore Location)
Fidelity 2023 – Frequently Asked Question ?
What is the Fidelity selection process?
The selection process will be based on a Written test followed by Technical and Hr interviews.
What is the Fidelity salary for freshers?
The average of 4 LPA – 6 LPA is based on the reports of Glass door and Ambition Box.
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Disclaimer
The Recruitment Information Provided above is for Informational Purposes only . The above Recruitment Information has been taken from the official site of the Organization. We do not provide any Recruitment guarantee. Recruitment is to be done as per the official recruitment process of the company. We don’t charge any fee for providing this job Information.
