Alternative Investment Services Private Equity Portfolio Accounting Operations Director

Morgan Stanley; West Conshohocken (PA); In loco; USD 160.000 - 210.000; Tempo pieno

Descrizione del lavoro

Morgan Stanley is seeking an Alternative Investment Services Private Equity Portfolio Accounting Operations Director in IM operations. You will support global private equity programs, including primary funds, co-investments, secondaries, and impact strategies, while managing external relationships with service providers.

The role resides in Operations, focusing on controls, transactions, and portfolio management across multiple vehicles with a director-level leadership scope.

Competenze

• Bachelor's degree in Accounting or Finance.
• 6+ years of relevant PE or real estate accounting experience.
• Knowledge of hedge fund accounting and/or derivatives is a plus.

Mansioni

• Monitor investor activity across portfolios and custodian banks to ensure proper settlements.
• Oversee posting to GL and maintain portfolio activity in AIS's Investran system.
• Reconcile transactions, valuations, management fees and carried interest monthly/quarterly.
• Verify accuracy of investor capital balances and activity monthly/quarterly.
• Prepare carried interest calculations and complex waterfall structures.

Conoscenze

Portfolio accounting

Private equity

Investran

Valuations

Controls

Formazione

Bachelors in Accounting

Strumenti

Investran

Excel

Descrizione del lavoro

We're seeking someone to join our team as an Alternative Investment Services Private Equity Portfolio Accounting Operations Director in IM operations to be responsible for operational and portfolio management support activities for a global private equity program across primary fund investing, co-investing, and secondaries in developed and emerging markets, as well as impact-oriented strategies, including social impact and climate solutions. This position will also involve developing and maintaining external relationships with business stakeholders and third-party service providers to ensure proper support for the vehicles.

In the Operations division, we partner with business units across the Firm to support financial transactions, devise and implement effective controls and develop client relationships.

This is an Advanced Specialist position at Director level within Operations Business Management

Since 1935, Morgan Stanley is known as a global leader in financial services, always 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:

• Serve as a subject matter expert within functional area, working with Team Manager to manage processes, risks and/or projects, proposing and implementing improvements/changes
• Act as key problem solver for area or expertise, applying detailed knowledge to address unique or novel situations, recognize risks and draw out key issues
• Actively monitoring critical investment and investor activity for multiple portfolios and custodian banks to ensure proper settlement of transactions
• Oversee and work effectively with third party service providers in posting activity to the general ledger as well as maintain portfolio activity in AIS's parallel portfolio accounting system, Investran
• Reconciling transactions, valuations, management fees, carried interest calculations, P&L components, and other activity on a monthly/quarterly basis to ensure accuracy
• Verifying accuracy of investor capital account balances and capital activity on a monthly/quarterly basis
• Understand and interpret underlying fund investment financial statements for the purpose of preparing and/or validating valuations and participating in internal fair valuation committee meetings
• Ability to work on complex structures that contain multiple vehicles such as leveraged corporate blockers and AIV's. Develop an understanding of these structures and ensure adequate controls are in place.
• Prepare various carried interest calculations for complex structures and also different waterfall types such as specific investment exclusion. Ability to understand carried interest based on terms as defined in Limited Partnership Agreements.
• Work alongside premier investment teams in support of portfolio management activities, including investment valuation, preparing capital calls and distributions, and other ad hoc requests
• Performing quarterly compliance reporting and highlighting instances in which there may be potential noncompliance with the products governing documents
• Signing-off on net asset value and performance based information on a monthly/quarterly basis.

What you'll bring to the role:

• Front-to-back knowledge of the processes, projects, systems, markets and instruments that influence their team with a comprehensive understanding of job-related operational/compliance policies and procedures
• Ability to think commercially, understand the impact of initiatives, risks on the operational budget
• Ability to address non-standard issues within area of expertise
• Culture carrier and role model, representing and leading the Firm's core values to influence and motivate those around you
• Bachelors degree, or equivalent, in Accounting, Finance, or related business field
• Prior experience in private equity or real estate investment accounting is required.
• Knowledge of hedge fund accounting and/or derivatives, or experience with Investran, is a plus.
• Strong organizational and analytical skills and the ability to effectively summarize findings, both verbally and in writing, in a clear and concise manner
• Ability to work effectively in a fast-paced environment with minimal supervision and a high level of attention to detail
• At least 6 years' relevant experience would generally be expected to find the skills required for this role.

We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 85 years. At our foundation are five core values — putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back — that guide our more than 80,000 employees in 1,200 offices across 42 countries.

At Morgan Stanley, you’ll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration. Our Firm is differentiated by the caliber of our diverse team, while our company culture and commitment to inclusion define our legacy and shape our future, helping to strengthen our business and bring value to clients around the world. Learn more about how we put this commitment to action: morganstanley.com/diversity 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.

Morgan Stanley's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees. It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.

Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).

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.