Wealth Management Accounting Professional

Morgan Stanley • Baltimore, MD

5d • Onsite

About The Position

We’re seeking someone to join our Wealth Management Controllership team as an Associate in the Finance Division to support the WM Finance controller team by performing various daily, weekly, and monthly deliverables to ensure accurate books and records of the segment. The selected candidate will also assist in enhancing current processes and reporting along with supporting new or ongoing finance initiatives. In the Finance division, we act as a partner to business units around the globe by providing management, review, analysis and advisory services of the Firm’s financial and capital resources. This is an Associate level position within the Product Controllers Job Family which specializes in ensuring adequacy of controls, profit and loss, balance sheet reporting, and reconciliations for a segment / business / product area. Includes management reporting across the business segments (ISG, WM & IM) and cross-functional roles with end-to-end product oversight, including Wealth Management products. Since 1935, Morgan Stanley is known as a global leader in financial services, always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.

Requirements

• In-depth understanding of Accounting & Finance, financial products, client segments, and technical skills, as well as industry and competitive environment.
• Results-oriented with capacity and desire to work both at a strategic and detailed analysis level.
• BS/BA degree with Finance and/or accounting experience required.
• 2-5 years of post-college experience in the financial services industry, prior experience in a Product Control / Legal Entity Control role is preferred.
• Ability to collaborate cross-functionally on various projects and new initiatives.
• Ambitious, self-motivated individual, strong work ethic, positive attitude, and the ability to work both independently and as part of a team
• Strong working knowledge of MS Office, with an emphasis on Excel, Word, and PowerPoint.
• Highly skilled communicator, both written and verbal

Nice To Haves

• prior experience in a Product Control / Legal Entity Control role is preferred.

Responsibilities

• Collaborate with a diverse group of colleagues in Finance, including Legal Entity & Regulatory teams, CFO teams, Business Unit, Operations, and Technology.
• Issue full time cycle of P&L and Balance sheet reporting (daily, monthly & Quarterly)
• Involved in completing the month-end general ledger close processes including the creation of journal entries and providing an analytical assessment of P&L and Balance.
• Bring a clear understanding of accounting principles that will help execute accurate and timely accrual postings, managing the amortization of prepaid expenses, and performing reconciliations that ensure the accuracy and completeness of our financial data.
• Support the development of internal management reporting for Wealth Management products that is delivered to Business and Finance Management.
• Lead continuous improvement of the control environment.
• Provide support on ad-hoc projects and analysis as required.
• Adhere to the Firm’s risk and regulatory standards, policies, and controls.
• Act as a culture carrier, embodying the Firm's values and holding yourself accountable to Firm standards.

Benefits

• Medical
• Prescription Drug
• Dental
• Vision
• Health Savings Account
• Dependent Day Care Savings Account
• Life Insurance
• Disability and Other Insurance Plans
• Paid Time Off (including Sick Leave consistent with state and local law, Parental Leave and 20 Vacation Days annually)
• 10 Paid Holidays
• 401(k)
• Short/Long Term Disability

What This Job Offers

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