FSCAT PE - Senior Associate - Fund Services at Morgan Stanley

Bengaluru, karnataka, India -

Full Time

Start Date

Immediate

Expiry Date

13 Apr, 26

Salary

0.0

Posted On

13 Jan, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Fund Accounting, Private Equity, Hedge Funds, Analytical Skills, Problem-Solving, Communication, Microsoft Office, Accounting Principles, Investor Allocation, Performance Processing, Regulatory Compliance, Audit Support, Corporate Actions, Securities Pricing, NAV Calculation, General Ledger

Industry

Financial Services

Description

Delivering these services to our clients and their investors is a diverse team of 1,400 highly skilled employees across the globe based in New York, London, Glasgow, Dublin, Mumbai, Bengaluru, and Hong Kong. Provide Accounting solutions to Hedge Funds/Private Equity funds for independent valuation, investor transparency and regulatory compliance. Calculating accurate daily/month end NAV for the MSFS clients. Review MSPA to custodian reconciliations. Identify and determine cause. Notify Account Manager of breaks. Make necessary adjustments where required. Review general ledger exceptions. Identify cause and make necessary adjustments. Verify performance by reviewing large P&L swings and analyzing income/expense journals for validity. Adjust activity as necessary for performance processing and reporting. Responsible for accruing daily or monthly non-security related accruals and financing accruals. Process non-automated transactions including OTC derivatives and their related cash movements. Perform daily and monthly securities pricing analysis. Validate and process corporate action data. Providing audit support and assistance to funds in the preparation on financial statements. Assistance with compliance functions. Accurately calculate PnL allocation, management fee and Incentive fee at investor level during month ends. Candidate must have technical knowledge of hedge fund and alternative strategies, investor allocation concepts and terminologies, implementation of fund terms, with a working knowledge of accountancy principles. MBA Finance/CA preferred with 3 to 5 years of experience in Fund accounting and PE admin. Needs to be comfortable with Microsoft office: Outlook, Excel, Word, PowerPoint, Knowledge of private equity fund structures designs & hierarchies, Special purpose vehicles, standalone funds, master-feeder funds, and the role of each entity in the fund structure. Should be detailed oriented and must have strong analytical and problem-solving skills. Ability to work as part of a focused globally distributed team. Strong communication Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren't 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. 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. There's also ample opportunity to move about the business for those who show passion and grit in their work. To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser. 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.

Responsibilities

The role involves delivering accounting solutions to hedge funds and private equity funds, including calculating NAV, reviewing reconciliations, and providing audit support. Additionally, the candidate will be responsible for performance processing and ensuring regulatory compliance.