Morgan Stanley

Associate - Legal Entity Control

Location
Non-Japan Asia-India-Maharashtra-Mumbai (MSA)
Salary
Unspecified
Posted
11 Nov 2019
Closes
22 Nov 2019
Ref
3139869
Approved employers
Approved employer
Contract type
Permanent
Hours
Full time

DESCRIPTION

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.

The Financial Control Group (FCG) is responsible for overseeing the accounting, financial and regulatory reporting for the Firm. FCG prepares external financial reports for public filings and regulators. For internal reporting FCG, along with Financial Planning and Analysis (FPA), summarizes, plans and forecasts the organization's financial position, including income statements, balance sheets, and analyses of future revenues, expenses and earnings. FCG is comprised of Business Unit Controllers, Legal Entity Controllers, Infrastructure Controllers, Accounting, Regulatory and Reporting groups, and Valuation Review.

The Legal Entity Controllers (LEC) group is responsible for the accounting, reporting and oversight of Morgan Stanley's core legal entities. The group's responsibilities include, but are not limited to, preparation of financial statements, federal regulatory filings, monthly closing of the Firm's books and records, analytics, entity-specific accounting policy, legal entity maintenance, account reconciliation and account structure maintenance.

This position within the LEC group requires a strong, self-motivated and innovative individual. The role is as a member of LEC team responsible managing various Asia entities with local regulatory nuances, federal reporting requirements, local tax compliances. As part of a team, the individual will work closely with colleagues in obtaining, analysing and presenting financial data and disclosure information within various timelines.

Specific Responsibilities:

  • Ownership of operating legal entity as Legal entity Controller
  • Monthly Balance Sheet and P&L preparation and review. Preparing detailed variance analysis
  • Month end process including accruals, reconciliations (Intercompany, Bank, control accounts), Transfer pricing calculations, booking of GAAP adjustments
  • Funding Requirements
  • Tax Compliance
  • Management Reporting
  • Regulatory Reporting including monthly, quarterly, annual filings
  • Preparation of annual accounts and liaison with the Auditors

QUALIFICATIONS

  • Professional accountancy qualification (CA/CPA) necessary, with around three years of relevant experience.
  • Strong Excel skills
  • Strong verbal and written communication skills
  • Solid analytical skills
  • Strong organisational skills, including the ability to coordinate, prioritize and manage multiple activities.

Skills Desired:

  • IFRS and /or USGAAP knowledge an advantage

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

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