LEC, Associate, Corporate Controllers, Reporting & Accounting

PowerToFly; Mumbai; On-site; INR 2,500,000 - 4,200,000; Full time

Job summary

Morgan Stanley in Mumbai seeks an Associate Financial (Legal Entity) Controller to oversee accounting for a portfolio of entities and to drive the legal entity closure programme. You will partner with stakeholders across Product Control, Treasury, and Tax, ensuring accurate ledgers and timely reporting.

The role emphasizes process re-engineering, automation initiatives, and strong financial control across multiple jurisdictions. Strong Excel skills and CA/ACCA/CIMA or equivalent required.

Qualifications

• Qualified accountant (CA, ACCA, CIMA) or equivalent experience.
• Strong analytical, organizational and documentation skills.
• Excellent Microsoft Excel skills and ability to present findings clearly.
• Ability to collaborate effectively with multiple stakeholders and teams.

Responsibilities

• Oversee books and records for a portfolio of entities and ensure accurate ledgers.
• Coordinate monthly reconciliations and variance analysis.
• Review management accounts and statutory financial statements.
• Manage reporting commitments including entity-level US Federal Reserve validation.
• Engage with Product Control, Treasury, Tax, auditors and other stakeholders.
• Drive re-engineering, standardisation and automation of processes and AI initiatives.
• Support entity setup, opening/closing and ledger/system requirements.

Job description

Financial (Legal Entity) Controller - Associate Mumbai

The Legal Entity Controller team has responsibility for the financial management of entities in Morgan Stanley's legal entity structure. The Mumbai LEC team is an integral part of the global Legal Entity Control (LEC) organization. This role will have responsibility for a portfolio of entities in various jurisdictions and will be focused on driving forward the legal entity closure programme, a key Firm initiative aimed at simplifying and rationalizing the overall corporate structure. They will be a key business partner for various stakeholders on their portfolio of entities. This role will report to a Director in the Mumbai LEC team and work globally across the full organisation.

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 is critical to our success. Together, we share a common set of values rooted in integrity, excellence, and strong team ethic. We can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.

What will you be doing?

Overseeing the preparation of timely, relevant and value-added information on entities and presenting this to senior management, both local and functional, including:

• Managing the books and records of your portfolio to ensure transactions are reflected accurately and ledgers maintained


• Oversight of monthly reconciliation of accounts and balances


• Review of management accounts and variance analysis


• Review of statutory financial statements


• Managing the reporting commitments on your portfolio of entities, ensuring ongoing obligations are being met, including validation of US Federal Reserve entity level reporting


• Managing relationships with key stakeholders both internally and externally including Product Control, Treasury, Business Units, Company Secretarial and Tax and where required with external auditors.


• Re-engineering, standardisation and automation of processes and spearhead the team's AI initiatives


• Supporting the Business Units in the set-up, opening & closing of entities and adapting the entity's ledgers and system requirements.


• Supporting ongoing entity-specific initiatives and projects


• Contributing to the reporting control framework, ensuring compliance to client requirements and internal policies


• Summarising progress and escalating issues on your portfolio to ensure issues are being addressed in a timely manner.

What we're looking for:

• Enjoy working within a team to achieve common goals and have an established record and experience of contributing effectively to a team environment.


• An ability to self-manage workload effectively whilst balancing multiple deliverables and priorities.


• Strong analytical, organizational and documentation skills and an ability to effectively communicate with a wide range of stakeholders, both written and verbally.


• An ability to follow issues through many layers to discover root causes and propose solutions.


• You take pride in the quality of your work and proactively drive your work through to conclusion, thriving under the challenge of balancing multiple issues and priorities.


• Candidates for the role should be a qualified accountant (CA, ACCA, CIMA) or have relevant degree or equivalent experience.

Skills that will help you in the role:

• Experience in preparing and/ or posting journals and adjustments to financial reporting systems.


• Highly numerate with a close attention to detail and a strong commitment to developing your own skills.


• The ability to work collaboratively in a team-oriented environment and proactive in looking for opportunities to expand responsibilities.


• Relevant work experience in the financial services industry.


• Candidates should possess excellent Microsoft Excel skills and be proficient at summarising and presenting themes and results in a meaningful format.

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.

Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.

Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.

For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.