Wealth Management Finance - National Sales Controller - Vice President

  • Competitive
  • New York, NY, USA New York NY US
  • Permanent, Full time
  • Morgan Stanley USA
  • 19 Mar 18 2018-03-19

Wealth Management Finance - National Sales Controller - Vice President

The Financial Control Group (FCG) is responsible for overseeing the accounting and financial and regulatory reporting for the Firm. FCG prepares external financial reports for public filings and regulators. For internal reporting FCG, along with Financial Planning and Analysis (FPA), summarizes, plans and forecasts the organization?s financial position, including income statements, balance sheets, and analyses of future revenues, expenses and earnings. FCG is comprised of Business Unit Controllers, Infrastructure Controllers, Accounting, Regulatory and Reporting groups, and Valuation Review.

This role supports the Wealth Management (WM) National Sales segment. Processes include revenue and expense recognition related to the WM Branch network such as, Inter-Company Revenue Transfers, Financial Advisor compensation, Conference, Consulting, FA Licensing, Legal/Litigation Expense accruals, and performing the accounting for the various account fees. The Fee recognition process supports accounting for fees billed in advanced and arrears. Other tasks involve the preparation of Balance Sheet and P/L reconciliations used to support the sign-off of G/L balances.

The role also supports the supervision of staff and management of projects. Project work relates to enhancing some of the month-end close processes while other tasks involve interaction with the various audit teams, both Internal and External.

Responsibilities Include:

Accounting support functions, which include but are not limited to:
o Month end close
o Balance sheet reconciliations
o Variance analysis and ad-hoc reporting
o Procedure documentation
o Ad-hoc projects/requests

Handle and coordinate audit inquiries from:
o Internal Audit
o D&T
o RCSA/FinRisk

Regulatory Reporting

Work with business partners across the firm including but not limited to:
o Financial Advisor Compensation
o Business Unit CFOs
o Operations
o Regulatory
o Technology
o Legal
o Tax


Skills Required:
- Bachelor's Degree in Accounting
- Minimum 10 years of experience
- Experience in Accounting and Financial Data Analysis
- Excellent communication skills
- Ability to multi-task
- Ability to work independently, as well as part of a team
- Strong accounting and analytical skills
- Knowledge of Microsoft Excel and Microsoft Access
- Experience managing a staff
- CPA preferred