Accounting and Policy - Director (Equivalent to AVP)

Morgan Stanley; Glasgow; On-site; GBP 70,000 - 100,000; Full time

Job summary

Morgan Stanley is seeking a Director for its Accounting and Regulatory Policy team in Glasgow. The role involves providing technical advisory support on various accounting standards, executing policy updates, and training stakeholders. This is an opportunity to influence key financial reporting strategies within a leading global financial services firm.

Benefits

Comprehensive employee benefits

Flexible working arrangements

Qualifications

• Strong communication skills in technical topics.
• Experience in project management and process improvement.
• In-depth knowledge of US GAAP, IFRS, and UK GAAP.

Responsibilities

• Provide technical advisory support on accounting standards.
• Execute and monitor the Evolving GAAP process.
• Assist in training internal stakeholders on accounting updates.

Skills

Communication

Attention to detail

Project management

Risk assessment

Technical expertise in financial reporting

Education

Qualified CA/CPA/ACCA or equivalent

Tools

MS Teams

SharePoint

Workiva

Job description

Accounting and Regulatory Policy (Policy) is a global function within Finance supporting Morgan Stanley to achieve its business goals by providing independent advisory and review services in relation to matters of accounting and Basel-based regulation for a broad range of internal and external stakeholders. Policy plays a key role in client advisory activities and major Firm projects, helping to shape and influence the future strategy of the Firm.

A Director (AVP/Manager equivalent) opportunity has arisen within the Glasgow Policy team, which operates as a centre of excellence for the Global Policy team.& Reporting to a Vice President, the role will specifically focus on Accounting Policy, providing the opportunity to be at the forefront of developments in accounting which impact entities reporting under US GAAP, International Financial Reporting Standards (IFRS) and UK GAAP (FRS 101).

About Morgan Stanley

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services.

As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence, and strong team ethic. We can provide a superior foundation for building a professional career – a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.

What will you be doing?

• You will provide technical advisory support to our global Finance colleagues on US GAAP, IFRS and FRS 101 matters, encompassing technical research and documentation and financial statement reviews, working with senior Accounting Policy stakeholders in the US, EMEA and APAC
• You will develop subject matter expertise on key areas of accounting and work alongside cross-functional teams on major Firm implementation projects globally, including the implementation of new accounting standards and regulatory changes.
• You will help execute the Evolving GAAP process for US GAAP, IFRS & FRS 101, which includes monitoring accounting developments from the accounting standard setters, technical review of proposals and new accounting standards, communication to Firm stakeholders and support the Firm’s advocacy efforts with standard setters.
• You will assist with the assessment of the impact of evolving or new accounting standards on the company’s financial statements and disclosures and help maintain and update internal accounting policies.
• You will be involved in helping to train our internal stakeholders on technical matters for US GAAP, IFRS and FRS 101, including on key accounting updates identified through the horizon scanning process, in addition to coordinating the global technical training program. You will assist in the execution and continuous improvement of the RCSA (Risk and Control Self-Assessment) process with Financial Reporting teams, helping ensure that risks are appropriately identified, assessed and mitigated.
• You will support the production of the Morgan Stanley IFRS Model Financial Statements (IFRS/FRS 101), including coordination of annual technical updates, internal stakeholder reviews and liaison with external auditors.

What we’re looking for:

• Strong communication skills, attention to detail, ability to communicate technical material to various levels of experience/knowledge both in written and verbal form.
• Experience in project and or program management experience, or interest in process improvement initiatives, with the ability to drive forward multi-workstream deliverables, including creating project plans, tracking deliverables and coordinating across functions
• Experience in risk assessment and working in a fast-paced environment, often balancing multiple high priority deliverables.
• Strong knowledge and understanding of financial reporting under US GAAP, IFRS and UK GAAP (FRS 101) and a keen desire to develop technical expertise in these areas.
• Qualified CA/CPA/ACCA or equivalent.

Skills that will help you in the role:

• The ability to work both independently in a self-directed way and in a collaborative, team-oriented environment.
• Prior experience of working in a financial services environment.
• Process ownership and stakeholder management experience.
• Knowledge of digital tooling solutions such as MS Teams, SharePoint and Workiva.

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.

Certified Persons Regulatory Requirements:

If this role is deemed a Certified role and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks.

Flexible work statement

Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.

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.

For further information, and to apply, please visit our website via the “Apply” button below.