Job Description
Job Title: Senior Associate / Manager - Quality Assurance and Review Team (QART) Reporting to: Vice President, Mumbai Location: Mumbai, India. Morgan Stanley Fund Services (MSFS) is a leading provider of third party hedge fund services with offices in New York, London, Dublin, Hong Kong, Glasgow, Bangalore and Mumbai and has over 800 employees globally. MSFS is a wholly owned subsidiary of Morgan Stanley. The parent company, Morgan Stanley, has obtained Financial Holding Company status in the United States. Subsidiaries of Morgan Stanley are subject to the supervision and regulations of the Federal Reserve Bank. MSFS is an independent legal and business venture within Morgan Stanley. It provides services on a stand-alone basis, independently from other Morgan Stanley affiliates. The services offered by MSFS include: Accounting support Investor Services Tax Services Middle Office support Analytics Corporate Secretary Services StratumSM, investor transparency reporting. Job Purpose The Accounting Quality Assurance and Review Team plays a key role in fund accounting oversight within the global MSFS model. This role will focus on carrying out reviews of NAVs that have been completed in other MSFS locations. The successful candidate will be providing valuable input in terms of analytical skills, issue identification and resolution thereof with a view towards enhancing the quality of the NAV being produced. The successful candidate will also be initiating, participating and leading a number of Accounting related Quality Assurance focused projects and initiatives. These will range from structured projects and initiatives that will be embedded in the monthly workflows to ad hoc initiatives that are likely to be once off or intermittently run. Principal Accountabilities: Monthly Final Accounting Review of NAVs completed in either the same or other MSFS locations within a defined time delivery schedule. Develop effective analytical tools and review procedures to enhance NAV deliveries and perform enhanced reviews and provide innovative solutions Spearhead Quality Assurance initiatives and projects within Accounting with a drive towards ensuring consistent high quality work products are delivered, particularly with respect to the transition of new clients onto MSFSs platforms Assist in the development of best practices for Fund Accounting to enable the firm to improve its efficiency and effectiveness while ensuring that the firm is producing quality output Provide exception reporting to senior management and functional groups on the adherence of Fund Accounting to group policies and procedures Design, implement and enhance policies, procedures and controls based on observations Build and manage relationships with senior management and other business owners to champion deliverables Integrate with global colleagues to ensure standard operating practice Maintain up to date knowledge of GAAP and industry updates and ensure relevant application of the same Undertake any other responsibilities, tasks or activities as reasonably required.
