The posting
Director, Financial Controller (Compensation)
The Compensation Controller team is led globally from Glasgow and is part of Global Corporate Controllers. The function is responsible for financial accounting, control, and reporting, both internal and external, related to the firm's compensation and benefit plans globally.
The team are responsible for front to back accounting, control and reporting of compensation and benefits for the firm, as a result, team members perform a variety of functions within their roles offering a breadth of experience for the right candidate. For example:
·Financial accounting across all GAAPS and legal entities
·Close collaboration with accounting policy on interpretation and implementation of new accounting rules or accounting analysis of new compensation arrangements
·Involvement in firm and financier-wide initiatives as an SME with accountability for assessing, planning and delivering all compensation & benefit related accounting and reporting impacts
·Regulatory and statutory financial reporting at firm and subsidiary level including analysis and implementation of any new reporting requirements
·Management reporting and forecasting for the CFO and other senior stakeholders
This is a Director level position within our Corporate Controllers, Reporting & Accounting Job Family which is responsible for the accuracy and control of the Firm’s books and records to produce the consolidated firm, segment and legal entities financial statements, including development, management and oversight of financial accounting & reporting systems as well as database management, including capital and liquidity reporting and external reporting functions.
This role represents an exciting opportunity to further develop a variety of skills and be part of a global function.
In the Finance division, we act as a partner to business units around the globe by providing management, review, analysis and advisory services of the Firm’s financial and capital resources.
Since 1935, Morgan Stanley is known as a global leader in financial services, always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.
We offer:
-Work in the Finance department of one of the world’s top tier Financial Institutions and a first-hand
insight into our business
-A desirable compensation and benefits package including eligibility for an annual bonus
-Professional development opportunities including access to Morgan Stanley’s world-class internal
training program
-Enriching challenges that provide opportunity for constant learning and advancement
-A supportive and inclusive environment, we accept individual differences and use them to better
our work environment and culture
-A balance between personal and professional lifestyles, including flexible working opportunities
such as work from home arrangements
-High specification office space with leading technologies, collaborative working spaces and
wellbeing facilities including an onsite fitness suite
You Will:
Work as part team of qualified and part qualified accountants, responsible for accounting and controllership for the Global Compensation Control function,;
-Responsible for the booking and reconciliation of expense for deferred cash compensation
-Responsible for the preparation of data provided to other groups to facilitate the bookings, tax
calculations or reporting
-Responsible for the provision of data to support ad hoc disclosure reporting including liquidity
bucketing, Key Management Personnel and employee compensation plan disclosures for subsidiary
financial statements
-Responsible for the provision of data to regional and local controllers for management charge and
reconciliation processes
-Involvement in on-going system enhancement and testing
-Reconciliation of general ledger balances associated with deferred cash compensation
-Responsible for maintaining a strong control environment and related documentation (including
SOX compliance)
-Respond to and interact with key stakeholders including HR Executive Compensation, IT, Business
Unit Controllers, Payroll, Internal Audit, External Auditors and the firms 3rd Party administrator
-Representing the function in wider office committees
You have:
-Professional Accountancy Qualification or studying for a qualification or an equivalent
Specialization in Finance
-Flexibility to change priorities as new situations present themselves
-Strong communication skills; clear, concise, and appropriate method of delivery
-Experience with establishing and meeting critical deadlines, as well as tracking and driving
execution
-Risk awareness and good guardianship skills
-Collaborative team player with a strong work ethic that works effectively in cross-functional team
environment
You may also have:
-Alteryx expertise
-Relevant International and U.S. accounting and reporting knowledge
WHAT YOU CAN EXPECT FROM MORGAN STANLEY:
At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work.
To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.
Certified Persons Regulatory Requirements: If this role is deemed a Certified role and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks.
Flexible work statement Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.
Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.
Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.
For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.
