Job Description

Job Function: Fund Accounting

Department: Morgan Stanley Fund Services

Position Description

The position involves working closely with Account Managers of Morgan Stanley Fund Services (MSFS) to ensure proper NAV calculation of hedge fund clients. Responsibilities include acting on various client requests to update portfolios on Morgan Stanley Portfolio Accounting (MSPA), which is the accounting and reporting system of MSFS. The analyst will collaborate with the Account Manager to review accounting and performance-related issues.

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 are critical to our success. Together, we share a common set of values rooted in integrity, excellence, and a strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career—a place for people to learn, achieve, and grow. A philosophy that balances personal lifestyles, perspectives, and needs is an important part of our culture. Morgan Stanley Fund Services (MSFS), a wholly-owned subsidiary of Morgan Stanley, provides fund administration services to the world’s leading hedge funds. MSFS has over 700 professionals with offices in New York, London, Hong Kong, Dublin, Mumbai, Bangalore, and Glasgow.

Primary Responsibilities

- Provide accounting solutions to hedge funds for independent valuation, investor transparency, and regulatory compliance.

- Calculation of daily NAV.

- Review MSPA to custodian reconciliations. Identify and determine cause. Notify Account Manager of breaks. If break is due to an erroneous or missing transaction in MSPA then make necessary adjustments.

- Perform middle office functions including P&L analysis, daily cash projections, calculations of FX transfers required for funding, checking client contributions & redemptions, etc.

- Review general ledger exceptions. Identify cause and make necessary adjustments.

- Verify performance by reviewing large P&L swings and analyzing income/expense journals for validity.

- Adjust activity as necessary for performance (MSPM) processing and reporting.

- Responsible for accruing daily or monthly non-security related accruals including management fees and financing accruals.

- Process non-automated transactions including OTC derivatives and their related cash movements.

- Perform daily and monthly securities pricing analysis.

- Validate and process corporate action data.

- Provide audit support and assistance to funds in the preparation of financial statements.

- Assistance with compliance functions.

Qualifications

Skills required:

- 5 to 10 years of relevant experience.

- Prior work experience in financial services, preferably in hedge fund processing.

- Strong administrative and organizational skills with a focus on accuracy and attention to detail.

- Ability to work under pressure and handle increased workloads at month-end.

- Ability to work as part of a virtual team spread across different time zones and geographies.

- Proficiency in using key financial systems and other IT tools.

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 comprises individuals from a broad cross-section of the global communities in which we operate, reflecting 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.

For further information, and to apply, please visit our website via the “Apply” button below.