Legal Entity Controller - Finance
- London, England, United Kingdom London England GB
- Permanent, Full time
- Morgan Stanley
- 26 Apr 18 2018-04-26
See job description for details
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. Together, we share a common set of values rooted in integrity, excellence and strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.
The Finance Division 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 Firm’s books and records and by contributing to Firm wide 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 specific role is in the Global Corporate Controllers and Planning Group GCCP team. Within the Global function, this role will be in the London Office of Morgan Stanley, specifically in the Legal Entity Control LEC area. The London LEC team consists of 15 staff, working on a range of projects, regulatory and statutory reporting and control functions, specific to the main PRA regulated entities in the Morgan Stanley group. Regulated entities controlled by the team has a balance sheet >$400Bn and annual revenues >$4Bn.
A legal entity senior manager level role exists for an individual with good financial accounting skills and a strong sense of guardianship. The candidate must have well-developed communication skills (both written and verbal) and be able to build a high level of credibility with management.
The key responsibilities of the role are:
- Management of a direct report
- Guardianship function managing a number of key month end adjustments required for IFRS and US GAAP reporting;
- Guardianship function managing the preparation and presentation of Balance Sheet reporting to tight deadlines including commentary supporting month end positions under both IFRS and US GAAP;
- Management of the delivery of additional external reporting including Federal Reserve and U.S. Securities and Exchange Commission reporting as well as Office for National Statistics submissions;
- Involvement in monthly due diligence and sign-off of account balances;
- Liaise with Business Unit and Regulatory Control groups around the globe;
- Contact for Controllers of branch and subsidiary entities;
- Involvement in developing and re-engineering existing processes through exposure to key firm projects; and
- Escalation of issues to Management.
The role provides an excellent exposure to a broad range of financial issues, corporate governance and product accounting and involves regular interaction with a varied range of groups.
Skills required (essential)
We are looking for a candidate with the following attributes:-
- Strong management skills
- Inquisitive and analytical minded.
- Highly committed and self-motivated.
- High regard for attention to detail and accuracy.
- Must be confident and have strong communication skills.
- Providing timely, accurate and professional responses in a deadline driven role is one of the main focuses of the group.
- Strong verbal and written skills are required. The ability to work in a team environment is essential.
- Pro-active in solving ad hoc requests / issues.
- Good computer skills. Advanced Excel skills.
- Qualified ACA or equivalent.
- Knowledge of financial products or experience in an investment banking environment would be beneficial.
- Knowledge of IFRS and US GAAP accounting.
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.