MSFS Fund Accountant

PowerToFly; Glasgow; On-site; GBP 40,000 - 60,000; Full time

Job summary

A leading financial services firm in Glasgow is seeking a Fund Accountant to manage client accounting requirements. You will calculate daily Net Asset Values, review P&L, and interact with colleagues globally. Ideal candidates are qualified or part qualified ACCA/CIMA/CA accountants with strong interpersonal skills and the ability to work under tight deadlines. This role offers opportunities for skill development and includes a supportive work environment.

Benefits

Comprehensive employee benefits

Support for work-life balance

Opportunities for career advancement

Qualifications

• Qualified or part qualified ACCA/CIMA/CA accountant or equivalent experience.
• Strong interpersonal and communication skills, both written and verbal.
• High degree of accuracy and ability to multitask.
• Ability to work to tight deadlines and think critically.

Responsibilities

• Calculate daily Net Asset Values (NAVs) including P&L analysis.
• Review monthly capital movements and corporate action activity.
• Analyze performance and validate income/expense journals.
• Finalize month-end P&L and balance sheet for client sign-off.
• Produce investor allocations of income and expenses.

Skills

Interpersonal skills

Communication skills

Accuracy

Multitasking

Critical thinking

Problem-solving

Excel skills

Interest in learning new skills

Education

Qualified/Part Qualified ACCA/CIMA/CA accountant

Job description

Fund Accountant

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 2025.

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 work with colleagues in Asia, Europe, and US on a daily basis.

What you’ll do in the role:

• 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 #LI-KF1

What you’ll bring to the role:

• 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 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.