Fund Services – Quality Assurance Review Team, Director Position Available In New York, New York

Fund Services – Quality Assurance Review Team, Director
Recruiter
Morgan Stanley
Location
New York, New York, United States of America
Salary
Not disclosed
Posted
19 Jun 2025
Closes
19 Jul 2025
Approved employers
Approved employer
Job role
Audit, Compliance/risk, Financial analyst, Financial planning & analysis, Fund accountant, Management accountant
Sector
Accounting – Public practice, Banking and financial services
Contract type
Permanent
Hours
Full time
Experience level
Qualified accountant, Director
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Morgan Stanley Fund Services (“MSFS”) is a leading provider of third party hedge fund services with offices in New York, London, Dublin, Hong Kong, Glasgow, Bangalore and Mumbai and has over 1,400 employees globally.
Role Description
The Accounting – Quality Assurance Review Team plays a key role in fund accounting oversight within the global MSFS model. This role will focus on carrying out reviews of NAVs that have been completed in all MSFS locations. The successful candidate will be providing valuable input in terms of analytical skills, issue identification and resolution thereof with a view towards enhancing the quality of the NAV being produced.
The successful candidate will also be initiating, participating and leading a number of accounting related Quality Assurance focused projects and initiatives, including ensuring a smooth transition of new clients on to MSFS platforms. These will range from structured projects and initiatives that will be embedded in the monthly workflows to ad hoc initiatives that are likely to be once off or intermittently run.

Principal Accountabilities:

Final Accounting Review of NAVs completed in either the same or other MSFS locations within a defined time delivery schedule
Develop effective analytical tools and review procedures to enhance NAV deliveries and perform enhanced reviews and provide innovative solutions
Spearhead Quality Assurance initiatives and projects within Accounting with a drive towards ensuring consistent high quality work products are delivered
Assist in the development of best practices for Fund Accounting to enable the firm to improve its efficiency and effectiveness while ensuring that the firm is producing quality output
Provide exception reporting to senior management and functional groups on the adherence of Fund Accounting to group policies and procedures
Design, implement and enhance policies, procedures and controls based on observations
Build and manage relationships with senior management and other business owners to champion deliverables
Integrate with global colleagues to ensure standard operating practice
Maintain up to date knowledge of GAAP and industry updates and ensure relevant application of the same
Undertake any other responsibilities, tasks or activities as reasonably required
Qualifications
Experience in the Hedge Funds and private equity industry is required. Public accounting, Hedge Fund Administration or management experience is a distinct advantage.
Experience in dealing with complex private equity and hybrid structures, including calculation methodologies (waterfalls etc), capital call mechanisms and understanding challenges with rebalances would be an advantage.
5 -7 years PQE with public accounting experience servicing investment related companies. Ideal candidate should demonstrate extensive experience in auditing and a thorough understanding of industry and accounting practices.
Strong technical skills. US GAAP knowledge required including strong understanding of hedge fund structures and private equity fund structures. Knowledge of other accounting standards like IFRS would be an advantage
Understanding of family office structures and reporting would be an advantage
Proven ability to advise/influence group managers, employees and senior management
Previous Quality Assurance experience in a related field would be an advantage.
Excellent interpersonal skills, both oral and written
Broad and deep understanding of accounting and operational issues related to hedge fund, private equity and regulated funds administration
Ability to think strategically with excellent planning and prioritization skills
Ability to deal effectively across all levels of the firm’s extensive support structure
Ability to work independently and as part of a global team
Dynamic leader and proven team player
Ability to handle pressure effectively
Execute sound judgment on escalating risk
Strong work ethic and ability to be flexible and be involved in ad hoc projects as and when they arise
Bachelor’s Degree in Accounting
Fully completed Accounting qualification/certification e.g. CPA, CA, ACCA, CIMA,
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.
To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices​ into your browser.
Expected base pay rates for the role will be between $95,000 and $190,000 per year for Director, at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.
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).
For further information, and to apply, please visit our website via the “” button below.