MSIM- Private Credit- Fund Controller- VP

Morgan Stanley; New York (NY); On-site; USD 150,000 - 210,000; Full time

Benefits offered by this job

Commission earnings

Incentive compensation

Discretionary bonuses

Broad employee benefits

Job summary

Morgan Stanley is hiring a Private Credit VP to oversee private credit funds in accounting, reporting, and compliance in New York. Candidates should have 9-12 years of experience in financial accounting for alternative investment managers. The position offers a competitive salary between $150,000 and $210,000 annually, plus bonuses and comprehensive benefits.

The role includes supervising production schedules, managing valuations, and ensuring regulatory compliance while working in a fast-paced environment.

Qualifications

• 9-12 years of experience in financial accounting or finance for an alternative investment manager.
• Experience with external audit processes and procedures is needed.
• Desire to understand transaction process flows.

Responsibilities

• Supervise and coordinate production calendar to meet deadlines.
• Manage third-party valuation specialists and review appraisals.
• Liaise with auditors and manage financial statement reviews.

Skills

Financial accounting

Private equity funds

US GAAP

Analytical skills

Communication skills

Education

Bachelor’s degree in Accounting or Finance

CPA

Job description

About the Company

Morgan Stanley Investment Management (MSIM), part of Morgan Stanley, manages $1.9 trillion AUM and focuses on private credit via the Morgan Stanley Private Credit (MSPC) platform.

Role Overview

The Private Credit VP (externally Fund Controller) will support private credit funds in accounting, reporting, and compliance.

Key Duties & Responsibilities

• Supervise and coordinate production calendar to meet deadlines such as MS firm, SEC and investor deliverables.
• Manage and maintain internal income forecast model to estimate distributable income.
• Manage third‑party valuation specialists, review appraisals and valuation models.
• Research accounting issues and prepare technical accounting policy documents and memos.
• Manage and review administrator deliverables to ensure accurate NAV reporting and financial statements, and accurate investor notices and reporting.
• Interface with auditors during quarterly review and audit coordination, and for internal controls assessment.
• Liaise with internal auditors and SOX service provider on internal control testing and enhancements.
• Coordinate with tax team to review quarterly and annual RIC tests, and with external tax firms for annual tax returns, K‑1s and local filings.
• Review tie‑out of quarterly/annual financial statements and assist in implementation of new accounting standards.
• Review SEC filings (8‑Ks, 10‑Qs, 10‑Ks, earnings releases, supplemental reporting) and provide comments.
• Detail review of investor reporting (capital account statements, capital calls, distributions notices and performance reporting).
• Assist in improving efficiency through technology and other special projects.
• Retrieve and compile financial information for investor correspondence.
• Review and provide input to all fund‑related regulatory filings; respond to regulatory requests and inquiries related to BDCs/Funds.
• Coordinate with portfolio management on monthly portfolio stats and quarterly portfolio review process.
• Coordinate with shadow book service providers and review monthly NAV reconciliations.
• Detail review of monthly/quarterly credit facility waterfall payment file.
• Detail review of credit facility reporting and compliance with credit facility agreements.
• Oversee work assignments of analysts/associates, communicate performance expectations, and provide feedback.

Skills & Qualifications

• 9‑12 years of experience in financial accounting or finance function for an alternative investment manager with exposure to private credit, BDCs, or private equity funds.
• Ability to implement accounting and reporting for various investment structures or funds.
• Desire to understand transaction process flows and develop process solutions.
• Experience with external audit processes and procedures.
• Knowledge of accounting principles including US GAAP and Investment Company Accounting.
• Bachelor’s degree in Accounting or Finance.
• CPA is a plus.
• Big Four accounting firm experience preferred.
• Excellent written and verbal communication skills.
• Ability to work in a fast‑paced, deadline‑driven environment.
• Strong quantitative, analytical and problem‑solving skills.

Benefits & Compensation

Base pay $150,000–$210,000 per year, with additional commission earnings, incentive compensation, discretionary bonuses, short‑ and long‑term incentive packages, and other Morgan Stanley‑sponsored benefit programs.

Broad employee benefits and perks, opportunities for mobility within the firm.

Equal Opportunity Statement

Morgan Stanley is an equal‑opportunity employer committed to building a diverse workforce. Our recruiting efforts reflect our strong commitment to a culture of inclusion, hiring, developing, and advancing individuals based on skills and talents.

More information: https://www.morganstanley.com/people-opportunities/eeo