Morgan Stanley Fund Accountant
Glasgow
The Morgan Stanley Fund Services division provides professional services to Hedge Fund clients. Due to major expansion in our existing hedge fund administration space and through diversification into private equity, family office and quant funds administration, our team has grown significantly during the last two years and continues to grow. This growth and diversification in product and client profile, set within a dynamic and fast paced environment, has provided exciting opportunities to join a growing team and develop new skills. We are looking to expand our team for 2025.
The Fund Accountant will be responsible for the end-to-end process with respect to their client's accounting requirements. This includes overseeing the full P&L and balance sheet and daily net asset value reporting. In addition to this the successful applicant will develop knowledge of Alternative Investment Funds including knowledge of the products, strategies, hedge fund accounting, fee structures (e.g., incentive and management fees) and investor level accounting. The team operates across global locations and the successful candidate will work with colleagues in Asia, Europe, and US on a daily basis.
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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.
At Morgan Stanley Glasgow, we support the Firm's global Operations, Technology, Finance, Corporate, and Institutional Securities divisions. The Glasgow office, known for its excellence in process, client service & leadership, has led us to win numerous innovation and people awards. Morgan Stanley has been rooted in the Glasgow community since 2000, steadily contributing to the development of a vibrant local financial services and fintech industry. Everyone is encouraged to chart their own meaningful career and achieve goals with the support of our best-in-class training and development opportunities.
Interested in joining a team that's eager to create, innovate and make an impact on the world? Read on...
What you'll do in the role:
- Calculation of daily Net Asset Values (NAV's) - this involves P&L analysis, review position and cash reconciliations, reporting any trading issues to our clients
- Review monthly capital movements and ad hoc corporate action activity
- Analyse performance and review income/expense journals for validity
- Review and finalise month end P&L and balance sheet in preparation for client sign off
- Produce investor level allocations of income and expenses at valuation points, including calculation of inventive and management fee
- Work alongside the client relationship manager to support client queries and partner with the client on initiatives #LI-KF1
What you'll bring to the role:
- Qualified/ Part Qualified ACCA/CIMA/CA accountant or qualified by experience
- Strong interpersonal and communication skills, both written and verbal
- High degree of accuracy, ability to multitask
- Ability to work to tight deadlines
- Ability to think critically, problem solve and identify opportunities for efficiencies
- Execute sound judgment on escalating risk
- Solid excel skills desirable
- Interest in learning new skills and developing technical knowledge
#LI-GB2
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.
We're committed to bringing passion and customer focus to the business.
Certified Persons Regulatory Requirements:
If this role is deemed a Certified role and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks.
Flexible work statement
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.