Hedge Fund Accounting - Client Facing Manager, Fund Services (Glasgow)
Morgan Stanley are looking for a Client Facing Manager for their Hedge Fund Accounting. Working within Morgan Stanley Fund Services Division you will be a primary contact liaising with hedge fund clients providing key updates on the funds and market.
What will you be doing?
- Act as primary point of contact for hedge fund clients & manage approximately 5 client relationships
- Review and understand key fund organizational documents and ensure fund setup is consistent with the fund’s documents
- Assist MSFS conversion teams with new client set up and accounting conversion implementation
- Coordinate with MSFS’ offshore operations and clients to resolve trade and accounting breaks
- Review position and cash reconciliations between clients and their custodians
- Perform account closing procedures and ensure compliance with MSFS’ established accounting procedures and controls
- Ensure all fund expenses, including management and incentive fees (calculated in accordance with fund documents) & broker financing are accrued timely and in accordance with applicable accounting guidelines
- Coordinate valuation signoff process with relevant accounting colleagues in other global locations
- Review investor allocations prior to distribution to clients and investors
- Review and approve portfolio valuations & NAV to ensure compliance with Fund governing documents prior to distribution to clients and ensure client approval prior to distribution to investors/third parties
- Idea generation and ongoing assessment and improvement of the operational service model
- Coordinate with global colleagues across various groups (accounting, operations, investor services) to identify and implement solutions to problems –and leverage firm resources as appropriate to strengthen control environment and improve service model
- Review draft annual financial statements and coordinate yearend audit with client and their independent auditors
