Assistant Controller Assistant Controller …

Morgan Stanley
in Florence-Graham, CA, United States
Permanent, Full time
Be the first to apply
Competitive
Morgan Stanley
in Florence-Graham, CA, United States
Permanent, Full time
Be the first to apply
Competitive
Assistant Controller
Assistant Controller

Morgan Stanley Investment Management,together with its investment advisory affiliates, has more than 600 investmentprofessionals around the world and $497 billion in assets under management orsupervision as of June 30, 2019.  Morgan Stanley Investment Managementstrives to provide outstanding long-term investment performance, service and acomprehensive suite of investment management solutions to a diverse clientbase, which includes governments, institutions, corporations and individualsworldwide.

Mesa WestCapital, a subsidiary of Morgan Stanley Investment Management, is a leadingcommercial real estate debt fund manager and portfolio lender.  Withoffices in Los Angeles, New York, Chicago, and San Francisco, Mesa West hasbeen one of the leading providers of commercial real estate debt since itsfounding in 2004. Mesa West provides non-recourse first mortgage loans forcore/core-plus, value-added or transitional properties throughout the UnitedStates. Mesa Wests lending portfolio includes all major property types withloan sizes ranging from $20 million up to $400 million. Since inception, thefirm has sourced and closed more than 300 transactions totaling over $16billion. Mesa West manages institutional capital through a series of privateequity funds (open and closed-ended).  This is an opportunity to join asuccessful, market-leading platform, and participate in the further growth ofthe business.

Summary of Duties: Responsible for the accounting and financialactivities of real estate (debt) investment funds and separately managedaccounts, including oversight of quarterly financial statement preparation, establishingand maintaining of internal controls, treasury management, general ledgermaintenance, investor reporting, oversight of fund accountants, and managementof accounting services performed by 3rd party administrator.

Primary Duties andResponsibilities:  

FinancialAccounting and Investor Reporting:

  • Review financial reporting packages consisting of financial statements, portfolio analysis, fund return metrics and capital schedules.
  • Review supporting accounting schedules and investor reporting schedules.
  • Review performance metrics, including time weighted returns, internal rates of return, investment multiples and cash-on-cash metrics.
  • Validate journal entries.
  • Oversee accounts payable and approve invoices for processing.
  • Calculate management fees for multiple investment entities.
  • Manage annual audits, coordinate and prepare requested audit schedules.
  • Review reporting packages prepared by 3rd party administrator. 
  • Build/code custom financial reports and account tree in financial reporting software.

PortfolioCash Management: 

  • Monitor cash balances and liquidity for operating capital needs.
  • Review credit facility draws and repayments.
  • Review bank reconciliations.
  • Manage wire transfer process through review of funding memos.
  • Coordinate client cash contributions and distributions, associated with investment operating income and investment acquisitions/dispositions.
  • Monitor and manage multiply credit facilities.  Responsible for draw requests, payments and compliance.  Review loan agreements for compliance requirements.

OtherResponsibilities: 

  • Plan and monitor all internal and client reporting deadlines. 
  • Assist with the preparation of portfolio and investment return projections for planning purposes.
  • Must be able to research accounting questions through analysis of general ledger data.
  • Supervision and mentoring of Fund Accountants, Accounts Payable Clerk and department intern.

Knowledge/Skills/Abilities:

  • Strongaccounting, financial and analytical skills

  • Excellentcommunication skills, both written and oral

  • Excellentorganizational skills

  • Musthave strong attention to detail

  • Understandingof data analysis and forecasting

  • Abilityto prioritize and multitask

  • Proficiencywith Microsoft Excel, Microsoft Word, Adobe

    PreferredEducation/Experience:

  • Accountingor Finance Degree and a minimum of 5 years accounting experience required.  CPA preferred.  Real estate and or funds management experiencepreferred.  Public accounting experienceis highly valued. Experience with Yardi Investment Management preferred.



Primary Location: Americas-United States of America-California-Los Angeles
Work Locations:
Job: Asset/Investment Management
Organization: Morgan Stanley
Job Posting: Oct 25, 2019
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