Senior Associate - Fund Accounting Private Equity (ISG Operations)

Company Profile: Morgan Stanley Fund Services is a wholly owned subsidiary of Morgan Stanley, administers over 500 billion of hedge fund assets. Using the firms proprietary, globally accessible technology platform, the business provides a full range of fund administration services, including daily accounting and financial reporting; transfer agency and investor services; middle and back-office support; and integrated portfolio analytics. Morgan Stanley Fund Services is supported by more than 1300 professionals based in New York, London, Dublin, Glasgow, Mumbai, Bangalore, and Hong Kong. Position Title: Team: Fund Services Centralized Accounting team (FSCAT). Employment Type: FTE Job Designation: Sr. Associate Position Description: Provide Accounting solutions to Hedge Funds/Private Equity funds for independent valuation, investor transparency and regulatory compliance. Calculating accurate daily/month end NAV for the MSFS clients. Review MSPA to custodian reconciliations. Identify and determine cause. Notify Account Manager of breaks. Make necessary adjustments where required. 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 processing and reporting. Responsible for accruing daily or monthly non-security related accruals 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. Accurately calculate PnL allocation, management fee and Incentive fee at investor level during month ends. The candidate will work closely with client facing account manager to ensure that SLAs of the client(s) assigned to them is delivered on time and with high quality..