Investment Banking Controller
Position Description
Morgan 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 culture.
• Oversight of Equity and Debt Capital Markets (ECM/DCM) daily revenue reporting, which involves:
• Liaising with ECM/DCM desks upon deal announcement to gather deal information
• Generating revenue reports and commentary for the business unit and controllers
• Allocating JV revenues to FID, IED and IBD
• Providing commentary on material movements
• Monthly oversight of the reconciliation of reported versus. booked revenues and sign off as reviewer in 3Rs (approx 150 accounts)
• Monthly Balance Sheet reconciliation, review sign-off (approx 700 accounts)
• First point of contact for the BU specifically around:
• New products, structures and processes
• Non standard revenue recognition, balance sheet and other accounting issues
• Financing costs
• Executed versus. sourced revenue questions
• Oversight of process and control documentation, both from a training and SOX perspective
• Cross training with GCM team for additional coverage
• First point of contact for other ISG Finance groups globally specifically around;
• Daily, weekly and monthly revenues (including MCR preparation and review)
• Expense analysis
• Ad hoc queries
• Involvement in cross ISG Finance initiatives including capacity matrix, PL scorecard and Piper
• Finalisation work in liaison with the Operations team:
• Review of aged balances and write offs
• Discussion and tracking of large, aged and non-standard items
• Sharing best practise globally
• Various ad hoc reporting requests from the BU and GCM as a whole
• Working closely with internal and external audit
• Sox documentation and review to ensure best practise globally
• Ongoing process renovation and control agenda
• Various ad hoc reporting requests from the BU and GCM as a whole
Skills Required
• Attention to Detail and strong organization skills
• Must have strong working knowledge of MS Excel.
• Must be a strong team player.
• Excellent communication skills, ability to articulate information clearly
• Motivated self-starter who is keen to learn and possesses a pro-active approach.
• Ability to multi-task, manage time effectively, and work under pressure
• Excellent written/verbal communications skills.
• Strong accounting knowledge
Skills Desired
• Product knowledge around IBD and GCM products as well as accounting knowledge around revenue recognition
Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximise their full potential.*LI-CS1
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