LEC, Director, Corporate Controllers, Reporting & Accounting

Morgan Stanley; Mumbai City; On-site; INR 6,000,000 - 8,000,000; Full time

Job summary

Morgan Stanley is seeking a Director to join the Finance Shared Services under the Legal Entity External Reporting team. The Legal Entity Controllers group oversees accounting, reporting and governance for Morgan Stanley’s core entities, including statutory statements, regulatory filings and period-end close.

The role requires leadership of staff, robust financial analysis, and strong stakeholder management across tax, legal and product control, with IFRS/US GAAP knowledge advantageous and a

Qualifications

• In-depth knowledge of Finance functional area, product and/or client segment.
• Ability to operate independently with respect to most job responsibilities.
• Ability to provide positive and constructive feedback and innovate processes.
• IFRS and /or USGAAP knowledge an advantage.
• At least 4 years’ relevant experience would generally be expected to find the skills required for this role.

Responsibilities

• Collaborate with a varied group of colleagues in Finance and across the Firm.
• Responsible for and lead aspects of individual and team deliverables and projects, leveraging in-depth knowledge of Finance functional area, product and/or client segment.
• Adhere to the Firm’s risk and regulatory standards, policies and controls; proactively identify ways to reduce risk in work.
• Act as a culture carrier; embody and set an example of the Firm’s values and hold yourself and others accountable to Firm standards.
• Candidates should possess excellent Microsoft Excel skills and be proficient in data mining and summarizing and presenting themes and results in a meaningful format.
• Strong verbal and written communication skills.
• Solid analytical skills.
• Strong organizational skills, including the ability to coordinate, prioritize and manage multiple activities.
• Be confident in maintaining relationships across a variety of senior stakeholders and business areas.
• Ability to manage team work load effectively and balance project, BAU delivery.
• Have the flexibility required to work in a dynamic environment under tight deadlines.
• The successful candidate should be able to demonstrate a rounded commercial approach to legal entity controllership and analysis, with proven skills in insightful management reporting, analysis and sound technical accounting skills.
• Open to work in shift timings depending on the global region supported.

Skills

Excel / data mining

Communication skills

Analytical skills

Stakeholder management

Team leadership

Time management

Tools

Microsoft Excel

Job description

We’re seeking someone to join our team to assist the as a Director to work in the Finance Shared Services under Legal Entity External reporting team. The Legal Entity Controllers group (LECG) is responsible for the accounting, reporting and oversight of Morgan Stanley’s core legal entities. The groups’ responsibilities include, but are not limited to, preparation of financial statements, federal regulatory filings, monthly closing of Firm’s books and records, analytics, entity- specifics accounting policy, legal entity maintenance, account reconciliation and account structure maintenance.

• Management and development of staff
• Monthly Balance Sheet and P&L preparation and review. Preparing detailed variance analysis
• Preparation and Review of statutory financial statements
• Review of management accounts and variance analysis
• Preparation and Review of statistical and regulatory entity level reporting
• Validation of US Federal Reserve entity level reporting
• Co-ordination of all legal entity activity, with key internal experts such as tax, legal etc.
• Responsible for maintaining key stakeholder relationships both internally and externally including external auditors, Product Control, Company Secretarial and Tax.

The Finance Shared Services (FSS) within the LECG is involved in overseeing / preparation of timely, relevant and value-added information on entities and presenting this to senior management, both local and functional;

In the Finance division, we act as a partner to business units around the globe by providing management, review, analysis, and advisory services of the Firm’s financial and capital resources

Since 1935, Morgan Stanley is known as a global leader in financial services, continuously evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.

What you’ll do in the role

• Collaborate with a varied group of colleagues in Finance and across the Firm
• Responsible for and lead aspects of individual and team deliverables and projects, leveraging in-depth knowledge of Finance functional area, product and/or client segment
• Adhere to the Firm’s risk and regulatory standards, policies and controls; proactively identify ways to reduce risk in work
• Act as a culture carrier; embody and set an example of the Firm’s values and hold yourself and others accountable to Firm standards
• Candidates should possess excellent Microsoft Excel skills and be proficient in data mining and summarizing and presenting themes and results in a meaningful format.
• Strong verbal and written communication skills
• Solid analytical skills
• Strong organizational skills, including the ability to coordinate, prioritize and manage multiple activities.
• Be confident in maintaining relationships across a variety of senior stakeholders and business areas.
• Ability to manage team work load effectively and balance project, BAU delivery.
• Have the flexibility required to work in a dynamic environment under tight deadlines.
• The successful candidate should be able to demonstrate a rounded commercial approach to legal entity controllership and analysis, with proven skills in insightful management reporting, analysis and sound technical accounting skills
• Open to work in shift timings depending on the global region supported

What you’ll bring to the role

• In-depth knowledge of Finance functional area, product and/or client segment and technical skills, as well as of industry and competitive environment
• Ability to operate independently with respect to most job responsibilities
• Ability to provide positive and constructive feedback and innovate processes
• IFRS and /or USGAAP knowledge an advantage
• Knowledge of financial products which are used in the financial services industry, such as derivatives, securities lending and repos would be preferred.
• At least 4 years’ relevant experience would generally be expected to find the skills required for this role

What you can expect from Morgan Stanley

We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 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.

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.