MSFS Fund Accountant

National Association of Mutual Insurance Companies; Glasgow; On-site; GBP 35,000 - 55,000; Full time

Job summary

A leading financial services firm is looking for a Fund Accountant to manage client accounting needs including P&L and balance sheet responsibilities. The ideal candidate will have a qualification such as ACCA/CIMA/CA and demonstrate strong accounting and communication skills. You'll work in a modern office environment in Glasgow, collaborating with global teams and supporting client initiatives.

Benefits

On-site gym

Canteen facilities

Flexible working arrangements

Qualifications

• Strong interpersonal and communication skills, both written and verbal.
• High accuracy, ability to multitask.

Responsibilities

• Calculating daily Net Asset Values (NAVs) through P&L analysis.
• Finalizing month-end P&L and balance sheet statements for client approval.
• Collaborating with client relationship manager to address client queries.

Skills

Communication

Accounting

Education

Qualified or part-qualified ACCA/CIMA/CA accountant

Job description

Our division provides administration services to Hedge Fund clients. Due to major expansion in our existing hedge fund administration space and diversification into private equity, family office, and quant funds administration, our team has grown significantly over the last two years and continues to grow. This growth offers exciting opportunities to join a developing team and acquire new skills.

The Fund Accountant will handle end-to-end processes related to their client's accounting needs. This includes overseeing the full P&L, balance sheet, and daily net asset value reporting. The successful candidate will also develop knowledge of Alternative Investment Funds, including 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 candidate will collaborate daily with colleagues in Asia, Europe, and the US.

The role requires strong communication and accounting skills. A background in fund accounting is preferable but not essential.

About Morgan Stanley

Morgan Stanley is a leading global financial services firm offering investment banking, securities, investment management, and wealth management services. Our success depends on the talent and passion of our people, who embody integrity, excellence, and teamwork. We provide a supportive environment for professional growth, learning, and achievement, emphasizing a balance between personal and professional life.

What will you be doing?

1. Calculating daily Net Asset Values (NAVs) through P&L analysis, position and cash reconciliations, and reporting trading issues to clients.
2. Reviewing monthly capital movements and ad hoc corporate actions.
3. Analyzing performance and validating income/expense journals.
4. Finalizing month-end P&L and balance sheet statements for client approval.
5. Producing investor-level income and expense allocations at valuation points, including calculating incentive and management fees.
6. Collaborating with the client relationship manager to address client queries and support initiatives.

What we're looking for:

• Qualified or part-qualified ACCA/CIMA/CA accountant or experienced in the field.
• Strong interpersonal and communication skills, both written and verbal.
• High accuracy, ability to multitask.

Skills that will help you in the role:

• Ability to meet tight deadlines.
• Sound judgment in escalating risks.
• Interest in learning new skills and developing technical expertise.

Where will you be working?

122 Waterloo Street, Glasgow — with excellent transport links and amenities. The office features modern facilities including an on-site gym, canteen, breakout spaces, and Starbucks.

Flexible work statement:

Interested in flexible working? Morgan Stanley supports flexible arrangements. Contact our recruitment team for details.

Internal Applicants:

Internal mobility is encouraged. Typically, applicants should be in their current role for at least 18 months and performing satisfactorily. More information is available on our employee portal.

Equal opportunities statement:

Morgan Stanley is committed to diversity and inclusion, providing a supportive environment for all individuals to reach their potential. We value a broad range of backgrounds, talents, perspectives, and experiences, and focus on recruiting, developing, and promoting based on skills and talent.