Morgan Stanley

Junior Cost Allocation Controller

Budapest, Hungary
Not disclosed
29 Apr 2024
29 May 2024
Approved employers
Approved employer
Contract type
Full time
Experience level
Qualified accountant

Job Description

We offer:

  • Insights to Morgan Stanley's businesses and departments
  • Continued professional development based on your career interests
  • Friendly and cooperative business partners
  • Plannable work-life
  • A supportive and vibrant multinational environment, we accept individual differences and believe in teamwork
  • Contingent/Leased assignment working onsite at Morgan Stanley
  • Contract via 3rd party agency

You will:

  • Liaising about the correct allocation methodology with business partners
  • Maintenance the allocation system (cost center, allocation methodology, account setups)
  • Execute of the allocation checks (system checks, result checks, business unit checks)
  • Perform the month-end close and forecast-related allocation activities
  • Prepare allocation reports (recovery, BU result, Legal entity reports)
  • Closely cooperate with colleagues in New York
  • Participate in different cost-allocation projects
  • Documentation of the allocation process
  • Carry out tasks related to the job in accordance with the instructions of the superior (ad hoc report)


You have:

  • Bachelor's degree in Economics, Finance, or Business related discipline
  • Experience in a similar field is an advantage but fresh grads are also welcome
  • Solid knowledge of finance or accounting concepts
  • Strong numeracy and analytical skills
  • Accuracy, attention to detail, good organization skills
  • Strong verbal and written communication skills in English
  • Solid knowledge of Microsoft Office

Team Profile:

FP&A makes sure books and records are correct for Morgan Stanley's support areas, reviews actual cost pools, and is responsible for financial planning for the support services of the Firm. As part of the monthly reporting, this group prepares global management reporting packs with analysis and commentary. The Team prepares run-the-bank analytical reports which focuses on implications of business trends and future impacts of past events.

About Morgan Stanley:

Morgan Stanley is a global financial services firm and a market leader in investment banking, securities, investment management, and wealth management services. Throughout your contingent/leased assignment working onsite at Morgan Stanley, you will be exposed to a truly international and multicultural environment that appreciates and respects individuality. Our state-of-the-art offices in the City Centre have been designed to maximize collaboration.

At Morgan Stanley Budapest, we are helping to shape the future of our global business and contributing to our local community. Our team works across numerous areas, including Technology, Mathematical Modeling, Finance, Risk Management, Operations, and Data & Analytics.

Interested in flexible working opportunities? Please speak to our recruitment team to find out if a flexible working agreement can be supported within this contingent/leased assignment.

Whilst engaged on a contingent assignment onsite at Morgan Stanley you will be provided with a supportive and inclusive environment. Morgan Stanley’s 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.

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

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