Home
/
Comprehensive
/
Fund Services-Client Facing Account Manager
Fund Services-Client Facing Account Manager-March 2024
New York
Mar 18, 2025
ABOUT MORGAN STANLEY
Morgan Stanley mobilizes capital to help governments, corporations, institutions and individuals around the world achieve their financial goals.
10,000+ employees
Financial Services, Technology
VIEW COMPANY PROFILE >>
About Fund Services-Client Facing Account Manager

  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.

  Fund ServicesThis wholly owned subsidiary of Morgan Stanley administers over $600 billion of hedge fund assets. Using the Firm’s proprietary, globally accessible technology platform, the business provides a full range of fund administration services, including daily accounting and financial reporting; transfer agency and investor services; middle and back-office support; and integrated portfolio analytics. Morgan Stanley Fund Services is supported by 1,350 professionals based in New York, London, Hong Kong, Dublin, Glasgow, Bangalore and Mumbai.

  We are seeking a client facing Account Manager for our NY offices.

  Principal Duties•Managing approximately 1-5 client relationships•Cooperating with the Firm’s offshore operations and clients to resolve daily trade and accounting breaks•Preparing/reviewing monthly account closing procedures and ensuring compliance with established accounting procedures and controls•Ensuring all fund expenses are accrued timely and in accordance with GAAP•Performing monthly master-feeder accounting allocations•Preparing/reviewing investor allocations•Preparing/reviewing accounting journal entries related to standard accruals, management and incentive fees (calculated in accordance with fund documents), deferred compensation payables, derivative contract financing and broker financing•Ensuring monthly valuations are reviewed and approved prior to distribution to clients and reviewed and approved by clients prior to distribution to investors•Reviewing key legal fund offering documents and identifying possible accounting or administrative implementation issues•Assisting client conversion teams with new client set up and accounting conversion implementation•Identifying and implementing solutions to problems (accounting, operations, investor service)•Leveraging firm resources as appropriate to strengthen control environment:

  ◦Prepare/review position and cash reconciliations between clients and their custodians◦Coordinating year-end audit with client and independent auditors◦Preparing/reviewing draft annual financial statements

  Requirements•Bachelor’s degree•Minimum 5 years prior experience in a client-facing and/or accounting related role•Extensive knowledge of hedge fund investor, accounting concepts including:•Offshore class/series accounting•Partnership accounting•Allocation of new issues•Accounting for complex management and incentive fee terms (hurdle rates)•Offshore fee deferrals•Side-pocket accounting•Strong knowledge of US generally accepted accounting principles (GAAP)•Experience in GAAP financial statement preparation, including strong understanding of hedge fund structures (master-feeder, mini-master, fund-of-funds)•Strong team and interpersonal skills•Strong communication, accounting, industry and relationship management skills

  Skills Desired•CPA a plus but not required•Prior experience with a Hedge Fund preferred•Sarbanes-Oxley 404 related experience or experience in SSAE 16 preparation a plus•Tax knowledge and experience in tax return preparation a plus•Knowledge of IFRS a plus

  Expected base pay rates for the role will be between $105,000 and $170,000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.

  Morgan Stanley's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees.

  It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.

  Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).

  Job: *Fund Services

  Title: Fund Services-Client Facing Account Manager

  Location: New York

  Requisition ID: 3245669

Comments
Welcome to zdrecruit comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
SIMILAR JOBS
Assistant Professor - Accountancy
Position Title: Assistant Professor - Accountancy   Location: Big Rapids (Main Campus)   Department: 34200 - Accountancy Finance & Info Systems   Advertised Salary: $115,000 - $125,000. Salary co
Provider Operations, Workforce Management - Manager
Specialty/Competency: Operations Industry/Sector: Health Services Time Type: Full time Travel Requirements: Up to 60% A career within Operations Consulting services, will provide you with the opportu
Full-Time Store Associate
As a Store Associate, you’ll be responsible for merchandising and stocking product, cashiering, and cleaning to keep the store looking its best. You’ll enhance the customer shopping experience by wor
Panda Express In Person Interview Day - Atwater, CA - 02/03 (1768)
Panda Express Open House Interview Day! Thank you so much for your interest in joining our In Person Open House Interview Day. Saturday, February 3rd, 2024, 11AM - 4PM Now Hiring:Service Team, Kitche
Oracle NetSuite - Account Executive - GB East - Mid-market
Job Description About Oracle NetSuite Do you want to advance your career with the world’s first cloud company? Since 1998, Oracle NetSuite has been on a mission to deliver an agile, unified applicati
Registered Nurse RN Dialysis
Primary City/State: Mesa, Arizona Department Name: Renal Dialysis-Hosp Work Shift: Day Job Category: Nursing $* 15,000.00 Sign-on incentive; requires a 2 year commitment* Banner Desert Medical Center
Color Matcher III
Seeks assistance on priorities for scheduling work, organizes work efficiently.Verbally communicates routine information to supervisor and others in platform.Is receptive and attentive to instruction
Freight Handler Part-Time
Starting Rate of Pay: $19.94 / hour Work Hours: 5:00pm - 9:00pm POSITION OVERVIEW: Transport freight across dock area to/from trailers for loading to trailers. ESSENTIAL JOB DUTIES/RESPONSIBILITIES:
Director of Category Non-Perishables
Starting Wage: Salary and (annual bonus) Calling all Foodies! Don’t romaine calm, Busch’s is HIRING! Do you love food, fun and people? Are you looking for growth, development and excellent wages? We
UI Developer
About Us: Innovating to solve real-world problems Applied Insight enhances the ability of federal government customers to preserve national security, deliver justice and serve the public with advance
Copyright 2023-2025 - www.zdrecruit.com All Rights Reserved