Morgan Stanley

Director - LEC (Finance)

Posted On

Dec. 16, 2024

Location

Mumbai, Maharashtra

Experience Level

Freshers/Experienced

Job Type

Permanent

Apply By

Jan. 29, 2025

Job Description


Morgan Stanley
Morgan Stanley
LEC - Director - Finance
LEC - Director - Finance

Profile Description
We’re seeking someone to join our team as a Director in the LEC team.


Finance
In the Finance division, we act as a partner to business units around the globe by providing management, review, analysis, and advisory services of the Firm’s financial and capital resources


Business Audit
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. At Morgan Stanley India, we support the Firm’s global businesses, with critical presence across Institutional Securities, Wealth Management, and Investment management, as well as in the Firm’s infrastructure functions of Technology, Operations, Finance, Risk Management, Legal and Corporate & Enterprise Services. Morgan Stanley has been rooted in India since 1993, with campuses in both Mumbai and Bengaluru. We empower our multi-faceted and talented teams to advance their careers and make a global impact on the business. For those who show passion and grit in their work, there’s ample opportunity to move across the businesses for those who show passion and grit in their work. 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:
The Legal Entity Controllers group (LECG) is responsible for the accounting, reporting and oversight of Morgan Stanley's core legal entities. The groups' responsibilities include, but are not limited to, preparation of financial statements, monthly closing of Firm's books and records, analytics, entity- specifics accounting policy, legal entity maintenance, regulatory filing, account reconciliation and account structure maintenance. More specifically the successful candidate will: • Management and development of staff • Monthly Balance Sheet and P&L preparation and review. Preparing detailed variance analysis • Preparation and Review of statutory financial statements • Review of management accounts and variance analysis • Preparation and Review of statistical and regulatory entity level reporting • Co-ordination of all legal entity activity, with key internal experts such as tax, legal etc. • Responsible for maintaining key stakeholder relationships both internally and externally including external auditors, Product Control, Company Secretarial and Tax

What you’ll bring to the role:

• Professional accountancy qualification (CA/CPA) necessary, with relevant experience.
• Candidates should possess excellent Microsoft Excel skills and be proficient in data mining and summarising and presenting themes and results in a meaningful format.
• Strong verbal and written communication skills
• Solid analytical skills
• Strong organisational skills, including the ability to coordinate, prioritize and manage multiple activities.
• Be confident in maintaining relationships across a variety of senior stakeholders and business areas.
• Ability to manage team work load effectively and balance project, BAU delivery.
• Have the flexibility required to work in a dynamic environment under tight deadlines.
• The successful candidate should be able to demonstrate a rounded commercial approach to legal entity controllership and analysis, with proven skills in insightful management reporting, analysis and sound technical accounting skills
• Open to work in shift timings depending on the global region supported
Skills Desired:
• IFRS and /or USGAAP knowledge an advantage
• Knowledge of financial products which are used in the financial services industry, such as derivative securities lending and repos would be preferred.

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. Our 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.

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.

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