Financial Controller: Director in Compensation Accounting (AVP Equivalent)

Description

Morgan Stanley

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.

Team Profile:

The Compensation Controller team is led globally from Glasgow and is part of Legal Entity Controllers. The function is responsible for financial accounting, control, and reporting, both internal and external, related to the Firm’s compensation and benefit expenses globally.

The Compensation Reporting team is responsible for the preparation of the Firm’s internal and external compensation related financial and regulatory reporting (including statutory financial disclosures). As a result, team members perform a variety of functions within their roles, offering a breadth of experience for the right candidate. For example:

• Financial accounting across all GAAPS and legal entities
• Management, accounting and reporting for the Firm and its legal entities? compensation expenses
• Regulatory reporting on all compensation related account line items for example for FED and FinRep returns
• Management reporting for the CFO and other senior stakeholders
• Technical advisory and discussion on compensation related matters

This role represents an exciting opportunity to further develop a variety of skills and be part of a global function.

About us:

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. Morgan Stanley provides a superior foundation for building a professional career - a place for people to learn, achieve and grow.

Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing and advancing individuals based on their skills and talents.

Given the continued spread of COVID-19 (coronavirus), all interviews will be conducted by phone or virtual connection to protect our candidates and employees.

We offer:

• Work in the Finance department of one of the world’s top tier Financial Institutions and a first-hand insight into our business
• A desirable compensation and benefits package including eligibility for an annual bonus
• Professional development opportunities including access to Morgan Stanley’s world-class internal training program
• Enriching challenges that provide opportunity for constant learning and advancement
• A supportive and inclusive environment, we accept individual differences and use them to better our work environment and culture
• A balance between personal and professional lifestyles, including flexible working opportunities such as work from home arrangements
• High specification office space with leading technologies, collaborative working spaces and wellbeing facilities including an onsite fitness suite

You Will:

• Have responsibility for internal and external reporting processes relating to The Firm’s compensation and benefit expense, including the oversight, review and management of:
• Detailed monthly compensation and benefits expense reporting and supporting variance analysis for presentation to senior management
• Quarterly regulatory reporting which requires a detailed analysis of compensation and benefit expense particularly under US GAAP
• Responses to internal and external audit inquiries
• Production of other adhoc internal and external compensation related reporting
• Drive both continuous enhancement of reporting outputs and process efficiency
• Compensation related statutory account disclosures such as Staff Costs, Employment Compensation, Post-Employment Benefits and Key Management Personnel disclosures

Additionally you will be required to work closely with HR, Accounting Policy and other controller groups such as Legal Entity Control and Tax to:

Ensure the completeness and accuracy of all disclosures and regulatory reporting outputs, advise upon compensation related technical matters which impact internal and external reporting and conduct technical accounting research including documenting findings and decisions in relation to the impact of the following on compensation related internal and external reporting - accounting policy changes, GAAP and Companies Act amendments, GAAP differences, Firm restructuring etc.

Qualifications

You have:

• Professional Accountancy Qualification, or equivalent specialization in Finance
• Demonstrated experience in building reporting or new processes with strong Excel and technical skills
• Flexibility to change priorities as new situations present themselves
• Strong communication skills; clear, concise, and appropriate method of delivery
• Experience with establishing and meeting critical deadlines, as well as tracking and driving execution
• Risk awareness and good guardianship skills
• Collaborative team player with a strong work ethic that works effectively in cross-functional team environment

You may also have:

• Relevant International and U.S. accounting and reporting knowledge
• Project management experience

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximise their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing and advancing individuals based on their skills and talents.

Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.

Given the continued spread of COVID-19 (coronavirus), all interviews will be conducted by phone or virtual connection to protect our candidates and employees

For further information, and to apply, please visit our website via the “Apply” button below.