Fund Services Financial Reporting Accountant
Position Description
The Fund Accountants work very closely with Client Account Managers of Morgan Stanley Fund Services (MSFS) in ensuring accurate accounts and Net Asset Value calculations of their hedge fund clients and to review technical accounting, operating and performance related issues. Clients will invest in a wide range of securities and derivatives providing the Fund Accountant with exposure to complex investments.
The Financial Reporting Team is a group, which prepares the Financial Statements and audit packs for the clients and their nominated auditors. The members of the Financial Reporting team work with the Account managers and the accountants responsible for the fund to prepare the annual statutory accounts along with the pack of information requested by the client's auditor. The position requires strong communication, and accounting skills and an understanding of Financial Statements in the financial services industry.
Principal Duties:
• Provide Accounting solutions to Hedge Funds for independent valuation, investor transparency and regulatory compliance
• Prepare annual Financial Statements accounts for Hedge Fund clients
• Prepare year end packs of information for Hedge Fund clients' auditors
• Account for non standard transactions including OTC derivatives
• Ensure corporate actions are accounted for accurately
• Identify and implement process changes to enhance efficiency
Skills Required
• Qualified ACCA/CIMA/CA accountant
• Previous Fund Accounting experience or experience of financial statement preparation/audit preferable
• Strong interpersonal and communication skills, both written and verbal
• Ability to communicate effectively across global locations
• Execute sound judgment on escalating risk
• Ability to adapt to developing business models
• High levels of accuracy and numeracy
• Ability to multi-task
• Applicants should have a record of accomplishment of delivering against tight deadlines
• Experience gained from asset manager, fund administrator, public accounting firm, prime brokerage or securities servicing firm preferable;
• Proficiency with Microsoft Office
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