Morgan Stanley

Fund Accounting (Private Equity) - Senior Associate - Fund Services

Posted On

May 6, 2025

Location

Bengaluru, Karnataka

Experience Level

Freshers/Experienced

Job Type

Permanent

Apply By

June 4, 2025

Job Description

Description:

Morgan Stanley Fund Services is a wholly owned subsidiary of Morgan Stanley, administers over $500 billion of hedge fund assets. Using the firm’s proprietary, globally accessible technology platform, the business provides a full range of fund administration services, including daily accounting and financial reporting; transfer agency and investor services; middle and back-office support; and integrated portfolio analytics. Morgan Stanley Fund Services is supported by more than 1300 professionals based in New York, London, Dublin, Glasgow, Mumbai, Bangalore, and Hong Kong.

Position Title:

Team: Fund Services Centralized Accounting team (FSCAT).

Employment Type: FTE

Job Designation: Sr. Associate

Position Description:

Provide Accounting solutions to Hedge Funds/Private Equity funds for independent valuation, investor transparency and regulatory compliance.
calculating accurate daily/month end NAV for the MSFS clients.
Review MSPA to custodian reconciliations. Identify and determine cause. Notify Account Manager of breaks. Make necessary adjustments where required.
Review general ledger exceptions. Identify cause and make necessary adjustments.
Verify performance by reviewing large P&L swings and analyzing income/expense journals for validity.
Adjust activity as necessary for performance processing and reporting.
Responsible for accruing daily or monthly non-security related accruals and financing accruals.
Process non-automated transactions including OTC derivatives and their related cash movements.
Perform daily and monthly securities pricing analysis.
Validate and process corporate action data.
Providing audit support and assistance to funds in the preparation on financial statements.
Assistance with compliance functions.
Accurately calculate PnL allocation, management fee and Incentive fee at investor level during month ends.
The candidate will work closely with client facing account manager to ensure that SLAs of the client(s) assigned to them is delivered on time and with high quality.

Skills Required:

Candidate must have technical knowledge of hedge fund and alternative strategies, investor allocation concepts and terminologies, implementation of fund terms, with a working knowledge of accountancy principles.
Knowledge of private equity fund structures designs & hierarchies, Special purpose vehicles, standalone funds, master-feeder funds, and the role of each entity in the fund structure.
Should be detailed oriented and must have strong analytical and problem-solving skills.
Ability to work as part of a focused globally distributed team.

Skills/Qualifications Desired:

MBA Finance/CA preferred with 3 to 5 years of experience in Fund accounting and PE admin.
Needs to be comfortable with Microsoft office: Outlook, Excel, Word, PowerPoint,
Strong communication

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximise 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.

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work.

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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