Job Description

EFS Mumbai, QART

Job Number:
: 3038827

Posting Date
: Feb 11, 2015

Primary Location
: Non-Japan Asia-India-Maharashtra-Mumbai (MSA)
Education Level: Master's Degree

Job
: Accounting/Finance
Employment Type: Full Time
Job Level: Senior Manager

Description
QART - Quality Assurance Risk Team
Division: Quality Assurance and Risk Team (QART)
Job Title: Senior Manager / Manager
Morgan Stanley Fund Services
Company Profile
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.
Department Profile
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 and Mumbai and has over 570 employees
globally.
MSFS is a wholly owned subsidiary of Morgan Stanley. The parent company, Morgan Stanley, has
obtained Financial Holding Company status in the United States. Subsidiaries of Morgan Stanley are
subject to the supervision and regulations of the Federal Reserve Bank. MSFS is an independent legal
and business venture within Morgan Stanley. It provides services on a stand-alone basis, independently
from other Morgan Stanley affiliates.
The services offered by MSFS include
Accounting support
Investor Services
Tax Services
Middle Office support
Analytics
Corporate Secretary Services
StratumSM, investor transparency reporting.
Background on the Team
The Accounting Quality Assurance and Risk Team (QART) 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 other 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 and Risk Management focused projects and initiatives. 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.
The selected member will play a key role in setting up this team in Mumbai. Currently, members of this
team are operating out of Dublin.
Primary Responsibilities
Monthly Final Accounting Review of NAVs completed in either the same or other MSFS locations within a
defined time delivery schedule.
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
Develop effective analytical tools and review procedures to enhance NAV deliveries and perform
enhanced reviews and provide innovative solutions
Build and manage relationships with senior management and other business owners to champion
deliverables
Integrate with global colleagues to ensure standard operating practice
Spearhead Quality Assurance and Risk Management initiatives and projects within Accounting with a
drive towards ensuring consistent high quality work products are delivered
Maintain up to date knowledge of GAAP and industry updates and ensure relevant application of the
same
Influence, motivate and develop team members in areas of responsibility in order to maximise their
contribution to the team, organization and their own professional development
(Team size of 1- 4).
Undertake any other responsibilities, tasks or activities as reasonably required.

 Reporting to Vice President / ED defined for the role in Mumbai / Dublin.

Qualifications
Attributes

Education/

Bachelors Degree in Accounting

Fully completed Accounting qualification/certification e.g. CPA, CA, ACCA,
CIMA,

Experience in the Hedge Funds industry is required. Public accounting,

Hedge Fund Administration or management experience is a distinct
advantage.
Minimum 6 - 8 years PQE with public accounting experience servicing
investment related companies preferred. 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. Knowledge of other accounting
standards like IFRS would be an advantage
Proven ability to advise/influence group managers, employees and senior
management
Previous Quality Assurance and/or Risk Management experience in a
related field would be an advantage.

Qualifications

Experience

Skill and Abilities

Excellent interpersonal skills, both oral and written

Broad and deep understanding of accounting and operational issues
related to hedge fund administration
Ability to think strategically with excellent planning and prioritization skills
Strong analytical/problem solving skills
Ability to deal effectively across all levels of the firms extensive support
structure
Ability to work independently and as part of a global team
Dynamic leader and proven team player
Creative and proactive
Ability to handle pressure effectively
Execute sound judgment on escalating risk
Ability to communicate effectively across cultures
Good motivator of others
Strong work ethic and ability to be flexible and be involved in ad hoc projects as
and when they arise