We're seeking someone to join our team as a Expense Manager.
In the Corporate & Enterprise Services division, we provide solutions that enable Morgan Stanley's workforce, across our global workplace locations, to effectively and efficiently work in the service of our clients. This is a Director position within Business Unit Management, which performs business management/CAO functions such as headcount management, financials, people processes, executive communications, and strategic support.
Morgan Stanley is an industry leader in financial services, known for mobilizing capital to help governments, corporations, institutions, and individuals around the world achieve their financial goals. Morgan Stanley Budapest is an integral part of the Firm's global critical business functions including Technology, Finance, Risk, Institutional Securities and Wealth Management. Morgan Stanley has been rooted in the Budapest community since 2006 and is considered a leading employer among the area's highly skilled talent. Our innovative team delivers deep technical and mathematical expertise to support the Firm's capabilities in quantitative analysis, data analysis, and risk management. We are relentless collaborators and creative thinkers, fueled by our diverse backgrounds and experiences. We believe in empowering individuals to advance their careers through exposure to innovation, hands-on collaboration and enriching learning and development opportunities.
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What you'll do in the role: #LI-MB1
Governance and Policies & Procedures
- Drive effective general ledger hygiene to ensure appropriate flow of monthly expenses.
- Closely collaborate with the Finance division to drive appropriate controls and accounting of spend.
- Partner with the Finance coverage team to ensure divisional and Firm interests are aligned.
- Ensure divisional compliance with relevant Firm expense policies.
- Develop and maintain collaboration sites (i.e., Teams, SharePoint, etc.) to house key data and reports.
- Follow the cost governance process and provide oversight and guardianship towards expense management.
- Provide consistent governance across all functions regarding end to end budget process.
- Proactively identify issues and opportunities within the functional area and present sound business recommendations.
- Evaluate business implications and outcomes on in-flight initiatives and requiring key decisions.
- Collaborate with the global COO finance team and support initiatives across the regions to enhance the overall expensed management for Corporate Services.
Budget and forecasting
- Work with the various Corporate Services functions to develop budget.
- Coordinate globally with other regional COO's, and finance teams to finalize budget.
- Carry out regular forecasting activities Coordinate globally with other regional COO's and finance teams to report against budget.
- Escalate and communicate appropriately on spending against budget and forecasts to management.
Tracking and Reporting
- Drive transparency and insights to internal clients and stakeholders across the Firm.
- Monitor financial performance, conducting variance analysis on expenses and external factors that could potentially impact ability to meet financial goals.
- Support the creation, review and editing of strategic materials or presentations.
- Analyze departmental trends relative to production and efficiency metrics.
- Create automated reporting views to aid in management of expenses and communicated results to the organization.
What you'll bring to the role:
- At least 3 years of relevant experience would generally be expected to find the skills required for this role.
- Interest in financial institutions, organizational management, and strategy.
- Strong desire to achieve individual, team, and client success.
- Actively contribute to team discussions and meetings with team leadership
- Proactive and responsive in a dynamic business environment.
- Excellent problem-solving, analytical, project management, and quantitative skills.
- Articulate and persuasive written, verbal, communication, and presentation skills.
- Good interpersonal skills and sharp attention to detail.
- Ability to form lasting effective working relationships at all levels of the organization.
- Team player with a strong work ethic and highly motivated to learn.
- Manage expectations and handle high-pressure situations.
What you can expect from Morgan Stanley:
We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 85 years. At our foundation are five core values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - that guide our more than 80,000 employees in 1,200 offices across 42 countries.
At Morgan Stanley, you'll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect, and cross-collaboration. We Firm is differentiated by the caliber of our diverse team. While our company culture and commitment to inclusion define our legacy and shape our future, helping to strengthen our business and bring value to clients around the world. Learn more about how we put this commitment to action: morganstanley.com/diversity.
We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry.
Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.
Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents.
Learn about our culture and the opportunities for professional growth at Morgan Stanley Budapest:
Build a career with impact. Visit morganstanley.hu or LinkedIn for more information.