Our division provides administration 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 over the last two years and continues to expand. This growth offers exciting opportunities to join a dynamic team and develop new skills.
The Fund Accountant will be responsible for managing the end-to-end accounting processes for clients. This includes overseeing the full P&L and balance sheet, as well as daily net asset value reporting. The successful candidate will also develop knowledge of Alternative Investment Funds, including product types, strategies, hedge fund accounting, fee structures (e.g., incentive and management fees), and investor-level accounting. The team operates across global locations, and the candidate will collaborate with colleagues in Asia, Europe, and the US daily.
The role requires strong communication and accounting skills. A background in fund accounting is preferred but not essential.
About Morgan Stanley
Morgan Stanley is a leading global financial services firm offering investment banking, securities, investment management, and wealth management services. Our success depends on the talent and passion of our people, who share values rooted in integrity, excellence, and teamwork. We provide a supportive environment for professional growth, learning, and achievement, emphasizing a balanced approach to personal and professional life.
What will you be doing?
1. Calculation of daily Net Asset Values (NAVs), involving P&L analysis, position and cash reconciliations, and reporting trading issues to clients.
2. Review of monthly capital movements and ad hoc corporate action activities.
3. Analysis of performance and validation of income/expense journals.
4. Finalization of month-end P&L and balance sheet for client sign-off.
5. Production of investor-level allocations of income and expenses, including calculation of incentive and management fees.
6. Collaboration with the client relationship manager to support queries and initiatives.
What we're looking for:
* Qualified or part-qualified ACCA/CIMA/CA accountant or equivalent experience.
* Strong interpersonal and communication skills, both written and verbal.
* High accuracy, with the ability to multitask.
Skills that will help you in the role:
* Ability to work under tight deadlines.
* Sound judgment in risk escalation.
* Interest in learning new skills and expanding technical knowledge.
Where will you be working?
122 Waterloo Street, Glasgow – with excellent transport links and amenities. The office features modern facilities including an on-site gym, canteen, breakout spaces, and Starbucks.
Flexible work statement:
Morgan Stanley supports flexible working arrangements. Contact our recruitment team to learn more.
Internal Applicants:
Internal mobility is encouraged. Typically, applicants should be in their current role for at least 18 months and performing satisfactorily. More information is available on our employee portal.
Equal opportunities statement:
Morgan Stanley is committed to diversity and inclusion, providing a supportive environment where all individuals can reach their full potential. We value a broad range of backgrounds, talents, perspectives, and experiences, and focus on recruiting, developing, and promoting based on skills and merit.
#J-18808-Ljbffr