Cost Allocation Controller

at  Morgan Stanley

Cost Allocation Controller
Job Number:

3258843
POSTING DATE: Sep 10, 2024
PRIMARY LOCATION: Europe, Middle East, Africa-Hungary-Budapest
JOB: Accounting/Finance
EMPLOYMENT TYPE: Contract Consultant
JOB LEVEL: Consultant

DESCRIPTION

We offer:

• Insights to Morgan Stanley’s businesses and departments
• Continued professional development based on your career interests
• Professional development, internal and external trainings (opportunity for ACCA and CIMA)
• Dynamic and young environment
• Friendly and cooperative business partners
• Plannable work-life
• Contingent/Leased assignment working onsite at Morgan Stanley
• Contract via a third-party agency

You will:

• Liaising about the correct allocation methodology with business partners
• Maintenance of the allocation system (cost center – allocation methodology – account setups)
• Execution of the allocation checks (system checks, result checks, business unit checks)
• Performing the month end close and forecast related allocation activities
• Preparation of the allocation reports (recovery -, BU result -, Legal entity reports)
• Closely cooperate with colleagues in New York
• Participate in different cost allocation projects
• Documentation of the allocation process
• Carry out tasks related to the job in accordance with the instructions of the superior (ad hoc report)

QUALIFICATIONS

You have:

• Bachelor’s degree in Economics, Finance or Business related discipline
• Solid knowledge of finance or accounting concepts
• Strong numeracy and analytical skills
• Accuracy, attention to detail, good organization skills
• Strong verbal and written communication skills in English
• Solid knowledge of Microsoft Office

Team Profile:
FP&A makes sure books and records are correct for Morgan Stanley’s support areas, reviews actual cost pools and is responsible for financial planning for the support services of the Firm. As part of the monthly reporting, this group prepares global management reporting packs with analysis and commentary. The Team prepares run-the-bank analytical reports which focuses on implications of business trends and future impacts of past events.
About us:
Morgan Stanley is a global financial services firm and a market leader in investment banking, securities, investment management and wealth management services.
At Morgan Stanley Budapest, we are shaping the future of our global business and contributing to our local community. Our team works across numerous areas, including Technology, Mathematical Modeling, Finance, Risk Management, Operations and Data & Analytics from our new state-of-the-art offices near the Danube and our City Gate office in the heart of the city center.
Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.
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

Please refer the Job description for details