rs and associated teams by providing high quality support through excellence in processing, reporting, and management of strategic initiatives.
The IM Office of the COO is responsible for (1) identifying, assessing, managing, and monitoring risk across all IM businesses including fund operations and 3rd party service providers, (2) implementing and supporting change management of divisional and departmental strategic initiatives, and (3) developing divisional presentations, reporting and analysis for IM and Firm management.
• Oversight and governance of outsourced fund administration functions, such as:
• Quarterly and annual financial statements review (in US & other GAAPs) and coordination with external auditors for year-end audit
• Review quarterly and annual investor reports
• Review NAV strikes for capital call and share issuance
• Review all cash movements, acquisitions, sales, capital calls, distributions and credit facility throughout the entire fund and investment structure
• Review waterfall models, management fee, performance fee and carried interest calculations and investor allocations
• Fund-reimbursable expense management, review of invoices and payments
• Coordinate bank and custody accounts opening, deposit and withdrawal of securities
• Work with teams in different time zones
• Support various MSIM teams for cross boarder funds offering, establishment and on-going operations
• Coordinate with MSIM business teams with fund activities and transactions
• Conduct periodic vendor management and service level agreements review
• Onboard and offboard fund administrator vendors and personnel
• Participate and assist in division wide strategic initiatives and continuous assessment of service operating models for optimization
• Coordinate and provide non-financial data required by the business unit such as customer flows, assets under management (AUM), validation and commentary, enforce business rules, etc.
• Legal Entity Management
§ New fund & investment structure launches - review of offering memorandum, partnership agreements, service agreements and entity structure charts
§ Liaise with MS accounting policy and corporate accounting for entity consolidation and reporting as well as MS firm accounting
§ Conduct Request for Proposal & pricing analysis for fund administrators, external auditors, custodial services, depositary, etc. and provide recommendations
• Regulatory Reporting
§ Review fund & investor level information from fund administrators supporting various regulatory reporting in all applicable jurisdictions (SEC, AIFMD, CSSF, CSRC, HKSFC, SEBI, etc.)
• Ad-hoc projects and requests
• Bachelor Degree in Accounting
• Public accounting and / or fund administration experience preferred
• 8-12 years of relevant fund accounting experience including financial statement preparation in private credit & equity, real estate and/or infrastructure businesses with close end and opened end structure preferred
• Self-motivated, professional demeanor and desire to learn
• Team player with strong communication skills
• Ability to multitask and demonstrate problem solving skills in a fast paced environment
• Highly motivated and detail oriented individual
• Well organized, quick learner, flexible and pro-active, and strong work ethic
• High level of proficiency with Microsoft Excel and other Microsoft Office Applications
Wage Transparency Statement
Expected base pay rates for the role will be between $125,000 and $200,000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.
Morgan Stanley's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees. It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law. Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).