Morgan Stanley

Director -Accounts Payable & Receivables (Corporate Services)

Posted On

Aug. 14, 2024

Location

Bengaluru, Karnataka

Experience Level

Freshers/Experienced

Job Type

Permanent

Apply By

Nov. 20, 2024

Job Description

We're seeking someone to join our team as an Accounts Payable Manager to oversee critical functions within our Accounts Payable department. The primary responsibilities of this role include managing the vendor setup and callback verification process, handling 1099 and 1042S filings with the IRS and conducting OFAC screening for vendors. The ideal candidate will have a strong background in Accounts Payable operations.

In the Corporate Services division, we provide solutions that enable Morgan Stanley's workforce, across our global workplace locations, to effectively and efficiently work in the service of our clients. This is a Director position within Accounts Payable & Receivables, which specializes in maintaining the Purchase Ledger function and ensuring the payment of all invoices and expense claims. Our responsibilities include ledger reconciliation, all invoice and expense claim queries, and accounts receivable.

Morgan Stanley is an industry leader in financial services, known for mobilizing capital to help governments, corporations, institutions and individuals around the world achieve their financial goals.

Interested in joining a team that's eager to create, innovate and make an impact on the world? Read on...

What you'll do in the role:

• Conduct thorough OFAC/AML screening on vendors

• Ensure compliance with tax reporting (1099 and 1042s), Global anti-corruption regulations, and collaborate with the Tax Operations for annual IRS filings.

• Manage global Call Back Verification for new and existing Third-Party suppliers to authenticate payment information.
• Track records of verification via SharePoint Site.
• Partner with Fraud Operations, Business Units, and third-party suppliers to gather necessary information relating to Third Party suppliers.
• Collaborate with team members to streamline verification processes.
• Follow up on discrepancies or incomplete information to ensure resolution.

What you'll bring to the role:

• 5-7 years of Accounts Payable experience.
• Proven experience in managing Accounts Payable functions. Preferably an understanding of SAP products (SAP AP, Ariba, Fieldglass)
• Excellent analytical, problem solving and decision-making skills.
• Effective communicator with client facing experience. Good facilitator, confident in working with others at all levels.
• Very strong team player who is comfortable multi-tasking and works well under pressure.
• Bachelor's Degree preferably in Accounting, Finance or Business Administration
• Strong PC skills in use of Microsoft products. i.e. Excel, PowerPoint.
• Ability to work with remote teams across the globe.

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.

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