Job Description

Company Profile:

Morgan Stanley Fund Services (MSFS) is a wholly-owned subsidiary of Morgan Stanley, administering over $500 billion of hedge fund assets. Utilizing the firm's proprietary, globally accessible technology platform, MSFS provides comprehensive fund administration services, including daily accounting and financial reporting, transfer agency and investor services, middle and back-office support, and integrated portfolio analytics. The team is supported by over 1,300 professionals based in New York, London, Dublin, Glasgow, Mumbai, Bangalore, and Hong Kong.

Position Title:

Sr. Associate, Fund Services Centralized Accounting Team (FSCAT)

Employment Type:

Full-Time

Position Description:

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

- Calculate accurate daily and month-end Net Asset Value (NAV) for MSFS clients.

- Review MSPA (Morgan Stanley Prime Brokerage Services) to custodian reconciliations, identify and determine cause of breaks, notify Account Manager, and make necessary adjustments.

- Review general ledger exceptions, identify causes, and make necessary adjustments.

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

- Adjust activity as necessary for performance processing and reporting.

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

- Process non-automated transactions, including OTC derivatives and 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.

- Assist with compliance functions.

- Accurately calculate PnL allocation, management fee, and incentive fee at the investor level during month-ends.

- Work closely with client-facing Account Managers to ensure that Service Level Agreements (SLAs) of assigned clients are delivered on time and with high quality.

Skills Required:

- Strong technical knowledge of hedge funds, alternative strategies, investor allocation concepts, terminologies, and the implementation of fund terms.

- Understanding of private equity fund structures, designs, and hierarchies, including special purpose vehicles, standalone funds, master-feeder funds, and the roles of each entity in the fund structure.

- Detail-oriented with strong analytical and problem-solving skills.

- Ability to work as part of a focused, globally distributed team.

- Comfortable with Microsoft Office: Outlook, Excel, Word, PowerPoint.

- Strong communication skills.

Qualifications Desired:

- MBA in Finance or Chartered Accountant (CA) preferred.

- 3 to 5 years of experience in fund accounting and private equity administration.

Morgan Stanley is an equal opportunities employer. We are committed to providing 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, reflecting a variety of backgrounds, talents, perspectives, and experiences. Our commitment to a culture of inclusion is evident through our 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.