Financial Controller: Compensation Accounting & Reporting

Description

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 Stanleys 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
• Compensation related statutory account disclosures such as Staff Costs, Employment Compensation, Post-Employment Benefits and Key Management Personnel disclosures
• Quarterly EBA (Fin Rep) and Federal Reserve regulatory reporting which requires a detailed analysis of compensation and benefit expense under both IFRS and US GAAP
• Responses to internal and external audit inquiries
• Production of other ad-hoc internal and external compensation related reporting
• EMEA defined benefit pension accounting and reporting including involvement in ICAAP and ECB stress scenario planning

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. and
• Drive both continuous enhancement of reporting outputs and process efficiency

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

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. [HR to provide sentence specific to GIC location (Glasgow)]

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.

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