Hedge Fund Accounting - Client Facing Manager, Fund Services (Glasgow)

• Perform account closing procedures and ensure compliance with MSFS’ established accounting procedures and controls

• Ensure all fund expenses, including management and incentive fees (calculated in accordance with fund documents) & broker financing are accrued timely and in accordance with applicable accounting guidelines

• Coordinate valuation signoff process with relevant accounting colleagues in other global locations

• Review investor allocations prior to distribution to clients and investors

• Review and approve portfolio valuations & NAV to ensure compliance with Fund governing documents prior to distribution to clients and ensure client approval prior to distribution to investors/third parties

• Idea generation and ongoing assessment and improvement of the operational service model

• Coordinate with global colleagues across various groups (accounting, operations, investor services) to identify and implement solutions to problems –and leverage firm resources as appropriate to strengthen control environment and improve service model
• Review draft annual financial statements and coordinate yearend audit with client and their independent auditors

What we’re looking for:

• Extensive knowledge of complex hedge fund and/or private equity strategies and investor level accounting concepts

• Knowledge of different product types, including but not limited to derivatives, fixed income, options, equity instruments, etc.

• Understanding of GAAP and/or IFRS financial statement reporting requirements, including strong understanding of hedge fund and/or private equity structures

• Strong team, interpersonal and problem-solving skills, communication skills (both written and verbal) and relationship management skills

• Undergraduate degree (i.e. Bachelor’s degree or its equivalent)

Skills that will help you in the role:

• Solid prior experience in fund accounting related role

• experience with an asset manager, fund administrator, or public accounting firm

• CPA/CA/Qualified license a plus but not required

• US Tax and UK Reporting requirements knowledge a plus but not required

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. 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. There’s also ample opportunity to move about the business for those who show passion and grit in their work.

To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices​ into your browser.

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 opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.

Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.

For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.