Fund Services Financial Reporting Manager

Morgan Stanley
North Lanarkshire
23 Aug 2017
20 Sep 2017
Contract Type
Full Time
If you're looking for a firm that can provide you with a challenging role and long term career development opportunities then read on. We have built a world class reputation for quality and service and the talent and passion of our people has been critical to our success. We provide a strong foundation for building a professional career - a place for people to learn, to achieve and to grow. Together we share a common set of values rooted in integrity, excellence and a strong team ethic.
Company Profile:
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 43 countries. As a market leader, the talent and passion of our people is critical to our success.
Glasgow Profile:
Morgan Stanley's Glasgow office employs in excess of 1,300 staff across Operations, Technology, Fund Services and Finance. Due to our growing business, we have a demand for career minded people to join our teams. Our opportunities offer unrivalled scope for progression and training within a fast paced, meritocratic and constantly changing environment. Morgan Stanley pride themselves on maintaining a culture which champions diversity, an inclusive environment for all, recognition and an opportunity to give back to our communities through various local charity partnerships. The office is located centrally and enjoys the additional benefits of an onsite gym and restaurant
Team Profile:
The Fund Accountants work very closely with Client Account Managers of Morgan Stanley Fund Services (MSFS) in ensuring accurate accounts and Net Asset Value calculations of their hedge fund clients and to review technical accounting, operating and performance related issues. Clients will invest in a wide range of securities and derivatives providing the Fund Accountant with exposure to complex investments.
The Financial Reporting Team is a group which prepares the Financial Statements and audit packs for the clients and their nominated auditors. The members of the Financial Reporting team work with the Account managers and the accountants responsible for the fund to prepare the annual statutory accounts along with the pack of information requested by the client's auditor. The position requires strong communication, and accounting skills and an understanding of Financial Statements in the financial services industry.
Specific Responsibilities:
- Be involved in preparation of financial statements and team processes;
- Build and manage relationships with hedge fund clients and their auditors;
- Build and manage relationships with global accounting team;
- Assist in the development of best practices for the team to improve its efficiency and effectiveness;
- Design, implement and enhance policies, procedures and controls based on observations;
- Maintain up to date knowledge of US GAAP and IFRS and apply the updates to the year end process;
- Implement and maintain the training programme for the team.

Skills Required:
- Qualified ACCA/CIMA/CA accountant or equivalent;
- In depth knowledge of hedge fund structures and accounting;
- Proven experience of resolving accounting issues relating to complex investment products and market valuation issues;
- In depth knowledge of hedge fund and investor level accounting including the adoption of different structures and performance fee charges;
- Co-ordinating a financial statement process for hedge fund clients including direct client and auditor communications;
- Applicants should have a record of accomplishment of delivering against tight deadlines;
- Advanced knowledge of Microsoft Office;
- Advanced knowledge of portfolio accounting systems;
- Advanced knowledge of investor level accounting systems

The following personal attributes are important for this role:

- Confident
- Adaptable
- Strong communicator
- Solid analytical skills
- Team worker
- Well organised
- Strong verbal and written communication skills

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximise 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. *LI-EM3