MSFS Fund Accountant

Vodafone; Glasgow; On-site; GBP 40,000 - 55,000; Full time

Job summary

Vodafone is seeking a Fund Accountant in Glasgow to manage end-to-end accounting for hedge fund clients. This role involves calculating daily NAVs, P&L analysis, and collaborating with global teams. Ideal candidates will be ACCA/CIMA/CA qualified or experienced, with strong communication skills and attention to detail. The position offers modern facilities and flexible working arrangements.

Benefits

On-site gym

Canteen

Breakout spaces

Qualifications

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

Responsibilities

• Calculation of daily Net Asset Values (NAVs) involving P&L analysis.
• Review and finalization of month-end P&L and balance sheet for client sign-off.
• Collaborating with the client relationship manager to support client queries.

Skills

Communication

Accounting

Multitasking

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 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 have 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, as well as daily net asset value reporting. The successful candidate will 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 collaborate daily with colleagues in Asia, Europe, and the US.

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 a wide range of 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 supportive environment for building a professional career—where you can learn, achieve, and grow. Our culture values a balance between 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. Production of 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.
• High accuracy and ability to multitask.

Skills that will help you in the role:

• Ability to work under 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 – with 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 strive to create a supportive environment where all individuals can reach their full potential, reflecting a broad range of backgrounds, talents, perspectives, and experiences. We focus on recruiting, developing, and advancing based on skills and talents.