Private Equity Fund Accounting - Vice President - Fund Services

FSCAT Private Equity, Vice President, Fund Services.

We’re seeking someone to join our team as a Vice President who will work very closely with Account Managers of Morgan Stanley Fund Services (MSFS) in ensuring proper NAV calculation of their hedge fund clients. They will also act on various requests made by the clients to update their portfolios on Morgan Stanley Portfolio Accounting (MSPA). MSPA is the accounting / reporting system of MSFS. The analyst will also interact with the Account Manager to review accounting and performance related issues.

In the Morgan Stanley Fund Services division, we work with a global institutional client base to provide hedge funds, multi-asset class investors, family offices and private equity Firms with innovative product solutions. 

Since 1935, Morgan Stanley is known as a global leader in financial services, always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.

What you’ll do in the role:

• 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’s 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.

• Providing audit support and assistance to funds in the preparation on financial statements.

• Assistance with compliance functions.

What you’ll bring to the role:

• Day to day supervision of direct reports in the team.

• Grooming team members.

• Training on clients and processes and troubleshooting/problem solving

• Assisting team members to meet their objectives; provide them with constructive & timely feedback.

• Playing an important role in the appraisal process of goal setting, mid-year and year end performance appraisal for the team

• Timely escalation of issues to the senior management.

• Identifying training needs for the team members (Functional as well as Soft Skills)

• Ensuring that individual team members are aware of the policies, controls and procedures that apply to their role.

• Ensuring that the team has appropriate backup in place to manage leaves.

• Formulating the necessary controls in clients and processes to ensure efficient and error free client deliverables.

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 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.

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 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.