MSIM- Private Credit- Fund Controller- VP

Morgan Stanley • New York, NY

3d • $150,000 - $210,000 • Onsite

About The Position

Morgan Stanley Private Credit (MSPC) business is looking to hire a Vice President (externally Fund Controller) candidate to perform principal responsibilities to support its private credit funds. We are looking for an accounting and finance “athlete” with a solid track record of demonstrating excellence, performance, growth, and initiative.

Requirements

• Target range of 9-12 years of experience in financial accounting, or finance function for an alternative investment manager with exposure to private credit, BDCs, or private equity funds
• Ability to implement accounting and reporting for various investment structures or funds
• Desire to understand transaction process flows and requirements and develop processes to solve complexities as they arise
• Experience with external audit processes and procedures
• Knowledge of accounting principles including US GAAP and Investment Company Accounting
• Bachelor's degree with a major in Accounting or Finance
• Excellent written /verbal communication skills
• Ability to work in a fast paced, deadline driven environment
• Good quantitative/analytical and problem-solving skills

Nice To Haves

• CPA a plus
• Big 4 accounting firm experience preferred

Responsibilities

• Supervise and coordinate the production calendar to meet various deadlines (MS firm, SEC and investors deliverables)
• Manage and maintain internal income forecast model to estimate distributable income
• Manage third-party valuation specialists with investment level appraisals, detailed review of inputs, qualitative aspects and valuation models
• Researching accounting issues and preparing technical accounting policy documents and memos
• Manage and review administrator deliverables to ensure accurate processing of activity, timely receipt of deliverables, accuracy of NAV reporting and financial statements, and accuracy of investor notices and reporting
• Interface with auditors in all quarterly review and audit coordination and completion as well as for the internal controls assessment
• Liaison with the internal auditors and SOX service provider on internal controls testing and enhance controls, as necessary
• Coordinate with tax team and review of the quarterly and annual RIC tests
• Coordinate with external tax firms to review annual tax returns, K-1s and local filings with help of tax team and tax service providers
• Review the tie-out of quarterly/annual financial statements and assist in implementation of new accounting standards with auditors and fund administrators
• Review SEC filings, such as 8Ks, 10Qs, 10Ks, earnings releases, supplemental reporting, and provide comments
• Detail review of all investor reporting as necessary (i.e. capital account statements, capital calls and distributions notices and performance reporting)
• Assist in improving efficiency through technology and other special projects as needed
• Retrieve and compile relevant financial information for investor correspondence
• Review and provide input to all Fund-related regulatory filings, participate in efforts to respond to regulatory requests and inquiries related to the BDCs/Funds
• Coordinate with portfolio management team on monthly portfolio stats and quarterly portfolio review process
• Coordinate with shadow books service providers and review the monthly NAV reconciliations
• Detail review of the monthly/quarterly credit facilities waterfall payment file
• Detail review of the credit facility reporting and compliance with credit facility agreements
• Responsible for overseeing the work assignments of analysts/associates, communicating performance expectations and providing performance feedback

Benefits

• Ample opportunity to move about the business for those who show passion and grit in their work
• Some of the most attractive and comprehensive employee benefits and perks in the industry

What This Job Offers

• Job Type: Full-time
• Career Level: Manager