Morgan Stanley

Director- Vendor Enablement Accounts Payable & Receivables (Corporate Service)

Posted On

March 25, 2025

Location

Bengaluru, Karnataka

Experience Level

Freshers/Experienced

Job Type

Permanent

Apply By

April 23, 2025

Job Description

We are seeking an experienced and detailed oriented Accounts Payable Manager who will be responsible for monitoring the vendor enablement and call back verification processed for Institutional Securities, Asset Management and Wealth Management divisions at Morgan Stanley.

In the Corporate Services division, we empower our businesses by creating collaborative workplace solutions and commercial services that enhance the employee and client experience, while optimizing the value of our sourcing and third-party lifecycle to enable the Firm to do-and-win business. 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

Since 1935, Morgan Stanley is known as a global leader in financial services, always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.

What you'll do in the role:

Performing call back verification globally for new third-party suppliers to authenticate and verify a third-party supplier payment information during vendor onboarding or when a vendor amends their existing banking instructions that already exist within the AP system.
Ensure compliance with tax reporting (1099 and 1042s), OFAC, AML and global anti-corruption regulations.
The team performs due diligence on new and existing vendors to identify any potential risks related to money laundering or other financial crimes.
Manage 1099 and 1042-S processes, ensuring that vendors are coded correctly, and working with Tax Operations team to ensure files sent to the IRS are accurate.
Partner with TPI team on service category alignment during AP vendor onboarding.
Manage the Accounts Payable authorized signatory database.
Document and track records of verification via SharePoint Site.
Communicate effectively with Fraud Operations, Business Units, and third-party suppliers to gather necessary information.
Collaborate with team members to streamline verification processes.
Demonstrate strong attention to detail and accuracy in verifying data.
Follow up on discrepancies or incomplete information to ensure resolution.

What you'll bring to the role:

4 years of Employee Expense Reimbursement 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.
Ability & willingness to adapt to new challenges in a dynamic environment and with changing priorities.
Strong PC skills in use of Microsoft products. i.e. Excel, PowerPoint.
Strong work ethic and drive and attention to details.
Ability to work with remote teams across the globe.
Educational Requirements
Bachelor's Degree preferably in Accounting, Finance or Business Administration

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 85 years. At our foundation are five core values — putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back — that guide our more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration. We Firm is differentiated by the caliber of our diverse team. While our company culture and commitment to inclusion define our legacy and shape our future, helping to strengthen our business and bring value to clients around the world. Learn more about how we put this commitment to action: morganstanley.com/diversity. 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.

We're committed to bringing passion and customer focus to the business.

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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