Institutional Equity Divsion - Manager, Fund Accounting (Bangalore)

Morgan Stanley•Campus, IL

About The Position

Morgan Stanley Fund Services (MSFS) is a global business within the Institutional Equities Division (IED) that provides fund administration services for over $700 billion in assets across 350+ hedge funds, private equity, and large family offices clients. MSFS offers accounting and investors services, portfolio analytics, middle-office functions, regulatory and financial reporting, and tax services. The MSFS Accounting group provides comprehensive portfolio accounting services, including daily reconciliations, NAV calculations, and daily/weekly return estimates. This role is within a dynamic, client-focused environment that brings together sophisticated systems supporting diverse fund structures and incentive arrangements with a highly specialized team with expertise in hedge funds, private equity, audit, and prime brokers. The environment is fast-paced and intellectually stimulating, ideal for ambitious individuals looking to engage with complex financial products & data, cutting-edge processes, and high-performing colleagues.

Requirements

Technical knowledge of hedge fund and alternative strategies, investor allocation concepts and terminologies, implementation of fund terms, with a working knowledge of accountancy principles.
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.
Detailed oriented with strong analytical and problem-solving skills.
Ability to work as part of a focused globally distributed team.
MBA Finance/CA preferred with 5 to 7 years of experience in Fund accounting and PE admin.
Comfortable with Microsoft office: Outlook, Excel, Word, PowerPoint.
Strong communication skills.

Responsibilities

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.
Work closely with client facing account manager to ensure that SLAs of the client(s) assigned to them is delivered on time and with high quality.