MSFS Fund Accountant

OU Health; Glasgow; On-site; GBP 35,000 - 50,000; Full time

Job summary

OU Health is expanding its team and seeks a Fund Accountant in Glasgow. You'll oversee all accounting aspects for clients, including NAV calculations and P&L analysis. This role offers opportunities to develop accounting skills in a dynamic environment, with a commitment to diversity and inclusion.

Benefits

On-site gym

Canteen

Breakout spaces

Excellent transport links

Nearby amenities

Qualifications

• Fund accounting background preferable but not essential.
• Strong accuracy and ability to multitask.

Responsibilities

• Calculate daily Net Asset Values (NAVs) with P&L analysis.
• Review monthly capital movements and finalize month-end P&L for client sign-off.
• Produce investor-level allocations of income and expenses.

Skills

Interpersonal skills

Communication skills

Multitasking

Judgment

Education

Qualified or part-qualified ACCA/CIMA/CA accountant

Qualified by experience

Job description

Our division provides administration 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 has provided exciting opportunities to join a growing team and develop new skills.

The Fund Accountant will be responsible for the end-to-end process regarding their client's accounting requirements. This includes overseeing the full P&L and balance sheet and daily net asset value reporting. The successful applicant 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 successful candidate will work with colleagues in Asia, Europe, and the US daily.

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

About Morgan Stanley

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

As a market leader, the talent and passion of our people are critical to our success. We share a common set of values rooted in integrity, excellence, and a strong team ethic. We offer a superior foundation for building a professional career—a place to learn, achieve, and grow. Our culture values personal lifestyles, perspectives, and needs.

What will you be doing?

1. Calculation of daily Net Asset Values (NAVs) involving P&L analysis, position and cash reconciliations, and reporting trading issues to clients.
2. Review of monthly capital movements and ad hoc corporate action activities.
3. Analysis of performance and review of income/expense journals for validity.
4. Review and finalization of month-end P&L and balance sheet for client sign-off.
5. Producing investor-level allocations of income and expenses at valuation points, including calculation of incentive and management fees.
6. Collaborating with the client relationship manager to support client queries and initiatives.

What we're looking for:

• Qualified or part-qualified ACCA/CIMA/CA accountant or qualified by experience.
• Strong interpersonal and communication skills, both written and verbal.
• A high degree of accuracy and ability to multitask.

Skills that will help you in the role:

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

Where will you be working?

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

Flexible work statement:

Interested in flexible working opportunities? Morgan Stanley offers flexible arrangements. Contact our recruitment team to learn more.

Internal Applicants:

Internal mobility is encouraged. Typically, you should be in your current role for at least 18 months and performing satisfactorily before applying for another position. More information is available on our employee portal.

Equal opportunities statement:

Morgan Stanley is committed to diversity and inclusion. We aim to provide a supportive environment where all individuals can reach their potential, reflecting a broad range of backgrounds, talents, and perspectives.