Job Description

Company Profile:
Morgan Stanley Fund Services is a wholly owned subsidiary of Morgan Stanley. Using the firms proprietary, globally accessible technology platform, the business provides a full range of fund administration services, including daily accounting and financial reporting; tax support services; transfer agency and investor services; middle and back-office support; and integrated portfolio analytics. Morgan Stanley Fund Services is supported by more than 800 professionals based in New York, London, Dublin, Glasgow, Mumbai, Bangalore and Hong Kong.Description:
This position requires strong accounting, US Tax, computer, communication and industry skills.Principal Duties:
Preparation of partnership tax allocations, tax estimates, and K-1 working papers for Fund Administration clients. Duties will include preparing workpapers and providing additional tax related information requested by clients. This position requires a facility and ease with technology with the ability to create requirements and test plans for new or enhanced tax technology, as well as granular tax knowledge in the hedge fund area.xc2xb7 Prepare monthly tax reports.
xc2xb7 Prepare monthly fund level tax calculation reports.
xc2xb7 Prepare reconciliation of monthly master-feeder tax allocations.
xc2xb7 Prepare layering and aggregate tax allocations.
xc2xb7 Prepare data for special tax reports including section wash sales, constructive sales and section 1256 reporting.
xc2xb7 Prepare tax withholding reports.
xc2xb7 Prepare periodic tax estimate reports
xc2xb7 Prepare fund level tax allocation reports for preparation of tax estimates.
xc2xb7 Prepare book to tax reconciliation.
xc2xb7 Prepare annual K-1 working papers
xc2xb7 Assist in provision of reports and working papers to tax preparer.
xc2xb7 Assist in managing system roll outs and enhancements.
xc2xb7 Assist client conversion teams with new client set up.Requirements:
xc2xb7 Accountant with 10-12 years of hedge fund / financial services tax experience.
xc2xb7 Strong computer skills. Comfortable working with technology and various internal financial applications.
xc2xb7 Knowledge of hedge fund tax accounting concepts including partnership tax accounting, tax allocations, management and incentive allocations.
xc2xb7 Experience with tax lot layering preferred.
xc2xb7 Experience with financial services taxation, including wash sales, PFICs, Section 1256 contracts, NPCs, Section 988, constructive sales and straddles.
xc2xb7 Experience with various hedge fund structures (master-feeder, mini-master, fund-of-funds).
xc2xb7 This position requires the ability to multi-task and balance competing client deliverables.
xc2xb7 Big 4 experience a plus.
xc2xb7 Private Equity, FOF and/or Real Estate tax experience a plus.
xc2xb7 Flexible approach to duties, shift timing and working hours.
xc2xb7 Strong people management and Project management skill.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