Fund Accountant - Associate, Fund Services

Morgan Stanley; Glasgow; On-site; GBP 45,000 - 65,000; Full time

Benefits offered by this job

Flexible working arrangements

Equal opportunity employer

Job summary

Morgan Stanley is seeking a Fund Accountant - Associate for Fund Services in Glasgow. The role focuses on end-to-end fund accounting, NAV reporting, and relationship with hedge funds, PE and other fund structures. You will work with global teams to ensure accurate P&L and balance sheet and support client inquiries.

The successful candidate will build knowledge of alternative investment funds, fees, and investor accounting, and contribute to process improvements in a fast-paced environment.

Qualifications

• Strong interpersonal and communication skills, both written and verbal.
• High degree of accuracy, ability to multitask.
• Ability to work to tight deadlines.
• Ability to think critically, problem solve and identify opportunities for efficiencies.

Responsibilities

• End-to-end fund accounting for clients, including overseeing full P&L and balance sheet and daily NAV reporting.
• Develop knowledge of Alternative Investment Funds and related fee structures.
• Collaborate with global teams across Asia, Europe and US to support client needs.
• Produce investor level allocations of income and expenses at valuation points, including incentive and management fees.

Skills

Interpersonal communication

Attention to detail

Ability to meet tight deadlines

Analytical thinking

Excel proficiency

Education

ACCA/CIMA/CA or Qualified by experience

Tools

Excel

Job description

Job Description

Fund Accountant - Associate, Fund Services (Glasgow)

The Morgan Stanley Fund Services division provides professional services to Hedge Fund clients. Due to major expansion in our existing hedge fund administration space and through diversification into private equity, family office and quant funds administration, our team has grown significantly during the last two years and continues to grow. This growth and diversification in product and client profile, set within a dynamic and fast paced environment, has provided exciting opportunities to join a growing team and develop new skills. We are looking to expand our team for 2026.

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.

At Morgan Stanley Glasgow, we support the Firm’s global Operations, Technology, Finance, Corporate, and Institutional Securities divisions. The Glasgow office, known for its excellence in process, client service & leadership, has led us to win numerous innovation and people awards. Morgan Stanley has been rooted in the Glasgow community since 2000, steadily contributing to the development of a vibrant local financial services and fintech industry. Everyone is encouraged to chart their own meaningful career and achieve goals with the support of our best-in-class training and development opportunities.

Interested in joining a team that is eager to create, innovate and make an impact on the world? Read on...

What will you be doing?

The Fund Accountant will be responsible for the end-to-end process with respect to their client's accounting requirements. This includes overseeing the full P&L and balance sheet and daily net asset value reporting. In addition to this the successful applicant will develop knowledge of Alternative Investment Funds including knowledge of the products, strategies, hedge fund accounting, fee structures (e.g., incentive and management fees) and investor level accounting. The team operates across global locations and the successful candidate will collaborate with colleagues in Asia, Europe, and US daily.

• Calculation of daily Net Asset Values (NAV's) - this involves P&L analysis, review position and cash reconciliations, reporting any trading issues to our clients
• Review monthly capital movements and ad hoc corporate action activity
• Analyse performance and review income/expense journals for validity
• Review and finalise month end P&L and balance sheet in preparation for client sign off
• Produce investor level allocations of income and expenses at valuation points, including calculation of inventive and management fee
• Work alongside the client relationship manager to support client queries and partner with the client on initiatives

What we're looking for:

• Qualified/ Part Qualified ACCA/CIMA/CA accountant or qualified by experience
• Strong interpersonal and communication skills, both written and verbal
• High degree of accuracy, ability to multitask
• Ability to work to tight deadlines
• Ability to think critically, problem solve and identify opportunities for efficiencies
• Execute sound judgment on escalating risk
• Solid excel skills desirable
• Interest in learning new skills and developing technical knowledge

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

At Morgan Stanley, we raise, manage and allocate capital for our clients - helping them reach their goals. We do it in a way that's differentiated - and we've done that for 90 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 opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.

Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.