Morgan Stanley India | Institutional Equity Division - Associate, Fund Accounting (Bangalore)

What you’ll do in the role

• We’re seeking someone to join our team as Associate who will be responsible in ensuring proper NAV calculation of their hedge fund clients.
• Joining MSFS, you will discover a dynamic environment where every day offers new opportunities for personal growth and innovation.
• Delivering these services to our clients and their investors is a diverse team of 1,400 highly skilled employees across the globe based in New York, London, Glasgow, Dublin, Mumbai, Bengaluru, and Hong Kong.
• Collaboration, precision, and innovation define the department, ensuring accuracy and timeliness for clients while fostering professional growth across all levels of our diverse global team.
• Provide Accounting solutions to Hedge Funds for independent valuation, investor transparency and regulatory compliance.
• Review MSPA to custodian reconciliations.
• 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.
• Responsible for accruing daily or monthly non-security related accruals including management fees and financing accruals.
• 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.
• Identify and determine cause.
• Process non-automated transactions including OTC derivatives and their related cash movements.

What you'll bring to the role

• 0 to 2 years prior work experience – preferably in financial services. Knowledge of hedge fund processing is a strong advantage.
• Good administrative and organisational skills with a particular focus on accuracy and attention to detail.
• An ability to work under pressure and an ability to cope with increased workloads at month-end.
• An ability to work as part of a virtual team that is spread across different time zones and geographies.
• An ability to use key financial systems and other IT tools.

Morgan Stanley

Morgan Stanley is a global financial services firm founded in New York in 1935, known for investment banking, sales and trading, wealth management and investment management.

Its teams in India support the firm's global businesses. For chartered accountants this means corporate controllers, external reporting, regulatory reporting, tax and risk roles.

• Industry: Investment banking, wealth and investment management
• Headquarters: New York, USA
• In India: Teams in Mumbai and Bengaluru supporting global businesses