EMEA LEC Associate

Company Profile:

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 43 countries. As a market leader, the talent and passion of our people is critical to our success. We have built a world class reputation for quality and service and the talent and passion of our people has been critical to our success. We provide a strong foundation for building a professional career ? a place for people to learn, to achieve and to grow. Together we share a common set of values rooted in integrity, excellence and a strong team ethic.

The Finance Division globally reports to the Chief Financial Officer and consists of some 3,000 employees worldwide. Finance protects the Morgan Stanley franchise by serving as guardian of the Firms books and records, and by contributing to firm wide risk management and risk reduction. This division maintains relationships with Morgan Stanleys various industry and government regulators, and also serves as the conduit of financial information to the outside investment community. Finance plays a critical role as advisor to Morgan Stanleys various businesses and its senior management team.

The Legal Entity Control Group is responsible for the financial management and control of the Firms legal entities. This team is responsible for preparing audited and unaudited statutory financial statements; management accounts; US Federal Reserve entity level reporting; and other reporting for senior management when requested. We are also responsible for ensuring that standard monthly and quarterly financial reporting controls and validations operate correctly.

We are hiring an Associate in our Mumbai office, as part of expanding an existing team in our Mumbai office, with controllership responsibility for more than 400 legal entities. This is an excellent opportunity to be part of shaping a relatively new function and driving the development of the staff and team.

This role will be part of a team of Legal Entity Controllers in Mumbai, and to have responsibility for the financial management of selected entities, reporting locally to a Manager in Mumbai and with functional oversight from management in Glasgow. The candidate will be required to work with staff in Glasgow to help support our business unit colleagues in other Firm offices.

Specific Responsibilities:

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

• Review of statutory financial statements
• Review of management accounts and variance analysis
• Validation of US Federal Reserve entity level reporting
• Oversight of monthly reconciliation of accounts and balances
• Co-ordination of all legal entity activity, with key internal experts such as tax, legal etc.
• Implementation of various monthly, quarterly & annual processes for entities managed in Glasgow

Management and development of staff within the Mumbai team.

Responsible for maintaining key stakeholder relationships both internally and externally including: external auditors, Product Control, Company Secretarial and Tax.

The role will also require participation in the development of the LEC function in Mumbai, involving:

• Re-engineering and standardisation of processes as required
• Supporting the Business Units in the set up, opening & closing of entities and adapting the entitys ledgers and system requirements.
• Ongoing entity-

QUALIFICATIONS

Chartered Accountant with 2-3years of relevant work experience ie LEC function, hands on experience with Financial Statments

For further information, and to apply, please visit our website via the “Apply” button below.