Financial Accountant (Associate)

Morgan Stanley; Glasgow; On-site; GBP 45,000 - 60,000; Full time

Job summary

A leading global financial services firm is looking for an Associate to join the Compensation Controller team in Glasgow. This role involves financial accounting and reporting related to compensation and benefits. Candidates should have strong communication and problem-solving skills, and a preferred qualification in accountancy. The firm offers a supportive environment and opportunities for career growth.

Benefits

Comprehensive employee benefits

Flexible working arrangements

Supportive work environment

Qualifications

• Working knowledge of Finance functional area and industry.
• Ability to communicate clearly and concisely.
• Collaborative team player with a strong work ethic.

Responsibilities

• Perform accounting and reporting tasks related to employee compensation.
• Undertake financial analysis in accordance with SOX control requirements.
• Prepare insightful analysis for other corporate groups.

Skills

Communication skills

Problem solving skills

Collaboration

Flexibility

Education

Qualified / part-qualified accountancy qualification

Job description

We’re seeking someone to join our Compensation Controller team as an Associate.

The Compensation Controller team is led globally from Glasgow and is part of Global Corporate Controllers. The function is responsible for financial accounting, control, and reporting, both internal and external, related to the firm’s compensation and benefit plans globally.

The team are responsible for front to back accounting, control and reporting of compensation and benefits for the firm, as a result, team members perform a variety of functions within their roles offering a breadth of experience for the right candidate. For example:

• Financial accounting across all GAAPS and legal entities
• Close collaboration with accounting policy on interpretation and implementation of new accounting rules or accounting analysis of new compensation arrangements
• Involvement in firm and finance-wide initiatives as an SME with accountability for assessing, planning and delivering all compensation & benefit related accounting and reporting impacts
• Regulatory and statutory financial reporting at firm and subsidiary level including analysis and implementation of any new reporting requirements
• Management reporting and forecasting for the CFO and other senior stakeholders

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. This is an Associate within our Risk, Assurance, Governance & Control job family which provides oversight and monitoring of operational risk or third party/outsourcing for the global Finance division, validation and testing of financial and regulatory reports and reinforcement of regulatory requirements, policies and procedures.

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:

• Perform accounting and reporting tasks associated with employee compensation (Firm's largest P&L line)
• Undertake financial analysis of data in accordance with key SOX control requirements
• Reconcile and substantiate general ledger expense and balance sheet accounts
• Prepare insightful analysis for other groups including HR, Tax and other teams across Finance
• Participate in system enhancements including project focused activities and UAT testing
• Adhere to, and where possible, enhance process documentation and the control environment
• Identify and implement process efficiencies
• Respond to and interact with key stakeholders including HR, IT, other Finance teams, Tax, Audit
• Represent the function in wider office committees
• Undertake other ad hoc tasks as required

What you'll bring to the role:

• Working knowledge of Finance functional area, industry and competitive environment
• Ability to communicate clearly and concisely, and adapt to various audiences
• Willingness to seek guidance and provide feedback to further develop self and peers
• Strong communication skills; clear, concise, and appropriate method of delivery
• Collaborative team player with a strong work ethic
• Ability to manage workload efficiently and effectively
• Flexibility to work in a dynamic environment under tight deadlines
• Problem solving skills and initiative
• Qualified / part-qualified accountancy qualification (preferred)

Unfortunately, we are unable to provide visa sponsorship for this role because it doesn’t meet the government’s requirements for Skilled Worker visas. We would only be able to offer you this role if you can demonstrate proof of Right to Work in the UK.

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.

To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.

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.