Wealth Management Accounting Policy – Vice President

  • Competitive
  • New York, NY, USA
  • Permanent, Full time
  • Morgan Stanley USA
  • 18 Oct 17 2017-10-18

Wealth Management Accounting Policy – Vice President

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
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 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.

Position Description
As part of the Wealth Management Controllers organization, individual will be responsible for providing technical and operational accounting support to the businesses.

Primary Responsibilities
- Apply U.S. GAAP to complex transactions and strategic initiatives to identify and resolve accounting issues for internal stakeholders
- Lead implementation efforts for new accounting standards
- Liaise with global policy group to monitor accounting policies and evolving standards
- Review financial statements and disclosures for appropriateness under U.S. GAAP (10-K, 10-Q and stand-alone reports)
- Point of contact with internal and external auditors and other outside advisors
- Various ad hoc accounting initiatives


Skills required (essential)
- 7-10 years of relevant experience
- Bachelor's degree in Accounting (or equivalent), CPA required
- Strong analytical skills and technical U.S. GAAP knowledge
- Proven ability to execute special projects and strategic initiatives; manage time effectively and meet tight deadlines
- Ability to develop and maintain consultative relationships with various constituents at all levels
- Excellent interpersonal and communications skills, both written and oral
- Outstanding attention to detail and excellent organizational skills *LI-KJ1