Job Description

Job Function : Fund AccountingDepartment : Morgan Stanley Fund ServicesPosition Description : 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.Company ProfileMorgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 43 countries.As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence and strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our cultureMorgan Stanley Fund Services (MSFS), a wholly owned subsidiary of Morgan Stanley, provides fund administration services to Worlds leading hedge funds. MSFS has over 700 professional with offices in New York, London, Hong Kong, Dublin, Mumbai, Bangalore and Glasgow.Primary Responsibilities: -xc2xb7 Provide Accounting solutions to Hedge Funds for independent valuation, investor transparency and regulatory compliance.xc2xb7 Calculation of daily NAV.xc2xb7 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.xc2xb7 Perform middle office functions including P&L analysis, daily cash projections, calculations of FX transfers required for funding, checking clients contributions & redemptions etc.xc2xb7 Review general ledger exceptions. Identify cause and make necessary adjustments.xc2xb7 Verify performance by reviewing large P&L swings and analyzing income/expense journals for validity.xc2xb7 Adjust activity as necessary for performance (MSPM) processing and reporting.xc2xb7 Responsible for accruing daily or monthly non-security related accruals including management fees and financing accruals.xc2xb7 Process non-automated transactions including OTC derivatives and their related cash movements.xc2xb7 Perform daily and monthly securities pricing analysis.xc2xb7 Validate and process corporate action data.xc2xb7 Providing audit support and assistance to funds in the preparation on financial statements.xc2xb7 Assistance with compliance functions .Skills required:An Associate is likely to have the following characteristics:

• A number of 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 is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximise 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.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 - arent 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, youll 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. Theres also ample opportunity to move about the business for those who show passion and grit in their work.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.

Morgan Stanley