MSFS Fund Accountant

3147126 - MSFS Fund Accountant Company Profile: 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 1,500 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. Glasgow Profile: Morgan Stanley's Glasgow office employs in excess of 1,500 staff across Operations, Technology, Legal and Compliance, Internal Audit, Fund Services and Finance. Due to our growing business, we have a demand for career minded people to join our teams. Our opportunities offer unrivalled scope for progression and training within a fast paced, meritocratic and constantly changing environment. Morgan Stanley pride themselves on maintaining a culture which champions diversity, an inclusive environment for all, recognition and an opportunity to give back to our communities through various local charity partnerships. The office is located centrally and enjoys the additional benefits of an onsite gym and restaurant. Department Profile: The Fund Accountants will 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 position requires strong communication, and accounting skills and general security operations knowledge. Principal Duties: - Provide Accounting solutions to Hedge Funds for independent valuation, investor transparency and regulatory compliance - Calculation of daily Net Asset Values (NAV's) - Perform accounting functions including P&L analysis, daily cash projections, calculations of FX transfers required for funding, checking client's contributions & redemptions - Perform daily, weekly and monthly securities pricing analysis - Verify performance by reviewing large P&L swings and analysing income/expense journals for validity - Adjust activity as necessary for performance processing and reporting - Perform and review position and value reconciliations. Identify and resolve all breaks - Review and reconcile general ledger exceptions - Responsible for ensuring accuracy of non-security related income and expenditure - Account for nonstandard transactions including OTC derivatives - Ensure corporate actions are accounted for accurately - Perform month end control processes, producing a month end control pack and sign off - Perform investor level allocations of income and expenses at month end - Involvement in preparation of year-end Financial Statements and provision of data to auditors - Identify and implement process changes to enhance efficiency Qualifications: - Qualified/ Part Qualified ACCA/CIMA/CA accountant or qualified by experience - Previous Fund accounting ...