MSFS Fund Accountant

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

Job summary

A financial services firm in Glasgow is looking for a Fund Accountant to manage the end-to-end accounting process for clients. This role involves calculating daily Net Asset Values (NAVs), reviewing capital movements, and finalizing monthly P&L statements. The ideal candidate will have strong communication skills and may be qualified in ACCA/CIMA/CA. The office provides modern amenities including an on-site gym and supports flexible working arrangements.

Benefits

On-site gym

Canteen

Breakout spaces

Flexible working arrangements

Qualifications

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

Responsibilities

• Calculation of daily Net Asset Values (NAVs), including P&L analysis.
• Review of monthly capital movements and ad hoc corporate action activities.
• Analysis of performance and review of income/expense journals for validity.
• Finalization of month-end P&L and balance sheet for client sign-off.
• Production of investor-level allocations of income and expenses.

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 expanding team and develop new skills.

The Fund Accountant will be responsible for the end-to-end process of their client's accounting requirements. This includes overseeing the full P&L and balance sheet, as well as 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 work with colleagues in Asia, Europe, and the US daily.

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 providing investment banking, securities, investment management, and wealth management services. Our success depends on the talent and passion of our people, who share values rooted in integrity, excellence, and teamwork. We offer a supportive environment for professional growth, balancing personal lifestyles and perspectives.

Responsibilities

• Calculation of daily Net Asset Values (NAVs), including P&L analysis, position and cash reconciliations, and reporting trading issues to clients.
• Review of monthly capital movements and ad hoc corporate action activities.
• Analysis of performance and review of income/expense journals for validity.
• Finalization of month-end P&L and balance sheet for client sign-off.
• Production of investor-level allocations of income and expenses at valuation points, including calculation of incentive and management fees.
• Collaborate with client relationship managers to support queries and initiatives.

Requirements

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

Preferred Skills

• Ability to work under tight deadlines.
• Sound judgment in risk escalation.
• Interest in learning new skills and technical knowledge development.

Work Location

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

Flexible Working

Morgan Stanley supports flexible working arrangements. Contact our recruitment team for more information.

Internal Applications

Internal mobility is encouraged after at least 18 months in your current role and satisfactory performance. Details are available on our employee portal.

Equal Opportunities

Morgan Stanley is committed to diversity and inclusion, fostering a supportive environment where all individuals can reach their full potential. We value a diverse workforce reflecting the communities we serve.