Morgan Stanley is a global financial services firm and a market leader in investment banking, securities, investment management and wealth management services. With more than 1,300 offices in 43 countries, the people of Morgan Stanley are dedicated to providing our clients the finest thinking, products and services to help them achieve even the most challenging goals.
We are currently looking for Financial Controller (Investment Management Billables area) for our Budapest Office
The Finance Division protects the Morgan Stanley franchise by serving as guardian of the Firm's books and records, and by contributing to Firmwide risk management and risk reduction. This division maintains relationships with Morgan Stanley's 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 Stanley's various businesses and its senior management team.
The Billables team supports the Investment Management business and is responsible for coordinating and facilitating the Fund Billable process, for Real Estate and Private Credit and Equity. The main responsibilities include aged receivable reporting, coordinating between various business units, fundraising accounting, coordination of third party (fund) payments to Morgan Stanley, and oversight of the Investment Management balance sheet receivable accounts. Further responsibilities include maintain database of partnerships including updates for job code changes. Reconcile discrepancies between the Firm`s general ledger and Safire (the firm`s billables system).
This position requires a strong, self-motivated individual, who has the ability to prioritize and multi-task. The role has dual reporting obligations to world-wide real estate business units and Investment Management accounting teams.
- Generate monthly billable reports by fund and provide supporting documentation. - Coordinate with Regional Investment Controllers, Fund Controllers and BU for proper review and classification of expenses. - Ensure LPAs (Limited Partnership Agreements) are properly followed. - Review journal entries to ensure proper general ledger coding. - Produce regular reports for management including aging analysis, detailed expense analysis and reports. - Maintain database of partnerships including job number creation and updates. - Reconcile discrepancies between the Firm general ledger and the sub ledger system. - Obtain approval from regional Controllers and BU Fund management to authorize fund reimbursement to the firm.
What do we offer to you?
Morgan Stanley provides a superior foundation for building a professional career - a place for people to learn, achieve and grow. You will be exposed to a truly international and multi-cultural environment that appreciates and respects who you are as a person.
Skills required: - Completed Bachelor's degree in Economics, Finance or Business related discipline - Strong analytical, organizational, time management and documentation skills - High regard for attention to details and accuracy - Excellent command in spoken and written English - Experience in a Finance environment would be an advantage - Basic knowledge and/or experience in accounts payable/expenses billings environment would be an advantage - Exhibit a strong sense of urgency, accountability, ownership, and follow-up of projects - Proactive and self-motivated - Solid knowledge of Microsoft Office - Team-player, enthusiastic and can operate in a challenging environment
For more information and to apply, please visit our website and upload your English CV here.
Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.
Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximise their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing and advancing individuals based on their skills and talents. Learn about our culture and the opportunities for professional growth at Morgan Stanley Budapest: Build a career with impact. Visit https://www.morganstanley.com/about-us/global-offices/europe-middle-east-africa/hungary morganstanley.hufor more information.
Internal Number: 6320073
About Morgan Stanley
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