Morgan Stanley, a prestigious global financial services firm, is currently offering an enticing opportunity for fresh graduates in Mumbai with the role of Manager-FSCAT. This position is open to individuals from diverse educational backgrounds, emphasizing inclusivity by requiring only any graduate degree. As a Manager-FSCAT at Morgan Stanley, freshers will have the chance to enter the dynamic and competitive field of financial services. This role serves as a stepping stone for those eager to launch their careers with a renowned institution, where they can apply their academic knowledge and cultivate new skills within a professional setting. Located in the financial hub of Mumbai, this opportunity not only offers a unique entry point for recent graduates but also provides exposure to a vibrant and fast-paced environment, synonymous with the global financial industry.
Company Name: Morgan Stanley
Job Role: Manager-FSCAT
Education Required: Any Graduate
Experience Required: Freshers
Job Location: Mumbai
Role and Responsibilities:
- Provide Accounting solutions to Hedge Funds for independent valuation, investor transparency and regulatory compliance.
- Calculation of daily NAV.
- Review MSPA to custodian reconciliations. Identify and determine cause. Notify Account Manager of breaks. If break is due to an erroneous or missing transaction in MSPA then make necessary adjustments.
- Perform middle office functions including P&L analysis, daily cash projections, calculations of FX transfers required for funding, checking client’s contributions & redemptions etc.
- Review general ledger exceptions. Identify cause and make necessary adjustments.
- Verify performance by reviewing large P&L swings and analyzing income/expense journals for validity.
- Adjust activity as necessary for performance (MSPM) processing and reporting.
- Responsible for accruing daily or monthly non-security related accruals including management fees and financing accruals.
- Process non-automated transactions including OTC derivatives and their related cash movements.
- Perform daily and monthly securities pricing analysis.
- Validate and process corporate action data.
- Providing audit support and assistance to funds in the preparation on financial statements.
- Assistance with compliance functions.
Required Skills and Qualification:
- A number of years prior work experience – preferably in financial services. Knowledge of hedge fund processing is a strong advantage.
- Good administrative and organisational skills with a particular focus on accuracy and attention to detail.
- An ability to work under pressure and an ability to cope with increased workloads at month-end.
- An ability to work as part of a virtual team that is spread across different time zones and geographies.
- An ability to use key financial systems and other IT tools.
