Associate - Product Control (Finance)
Morgan Stanley
Accounting & Finance, Product
Mumbai, Maharashtra, India
Posted on Nov 4, 2024
| Profile Description | |||||||||||||
| We’re seeking someone to join our team as an Associate who will be a member of the P&L production team supporting the EMEA IED business unit | |||||||||||||
| Finance | |||||||||||||
| 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 | |||||||||||||
| Business Audit | |||||||||||||
| Morgan Stanley is an industry leader in financial services, known for mobilizing capital to help governments, corporations, institutions, and individuals around the world achieve their financial goals. At Morgan Stanley India, we support the Firm’s global businesses, with critical presence across Institutional Securities, Wealth Management, and Investment management, as well as in the Firm’s infrastructure functions of Technology, Operations, Finance, Risk Management, Legal and Corporate & Enterprise Services. Morgan Stanley has been rooted in India since 1993, with campuses in both Mumbai and Bengaluru. We empower our multi-faceted and talented teams to advance their careers and make a global impact on the business. For those who show passion and grit in their work, there’s ample opportunity to move across the businesses for those who show passion and grit in their work. Interested in joining a team that’s eager to create, innovate and make an impact on the world? Read on… | |||||||||||||
| What you’ll do in the role: | |||||||||||||
| As a controller you will be a member of the P&L production team supporting the EMEA IED business unit. The P&L production team is responsible for the daily reconciliation and reporting of P&L, additional weekly and monthly reporting to support the Business Unit and senior Finance management and also the provision of analysis to support the Business Unit Finance leads. This is a high profile role, which requires the individual to work closely with colleagues across the global organization in Finance, Operations and the Business Unit. More specifically the successful candidate will: - Perform daily reconciliation of the Risk systems attributed P&L to the Reporting system - Identify and investigate breaks - Escalate issues in a timely manner to management - Prepare daily P&L reports for distribution to the business unit and finance managers for review - Undertake daily analysis and substantiation of new trading activity to report and/or for discussion with the BUC's and or Ops/BU - Understand the businesses supported including the strategy, products and inherent risks. - Understand the risk & reporting systems and contribute to enhancing the control environment. - Contribute to Finance related projects, process enhancements, UAT testing etc - Other P&L related tasks and requests as required | |||||||||||||
| What you’ll bring to the role: | |||||||||||||
| Skills required: - Strong academic background including a Graduation in Commerce,Specialization in Financial Accounting - Prior Business Unit/ Product control experience with a knowledge of financial products, preferably Equity Derivatives - Strong analytical skills - Attention to detail - Ability to work to deadlines Skills desired: - Chartered Accountant or equivalent specialization in Finance stream - Preferred 2-4 years financial experience (Investment Banking related experience an advantage) - Understanding of Corporate Actions would be beneficial | |||||||||||||
| What you’ll bring to the role: | |||||||||||||
| Skills required: - Strong academic background including a Graduation in Commerce,Specialization in Financial Accounting - Prior Business Unit/ Product control experience with a knowledge of financial products, preferably Equity Derivatives - Strong analytical skills - Attention to detail - Ability to work to deadlines Skills desired: - Chartered Accountant or equivalent specialization in Finance stream - Preferred 2-4 years financial experience (Investment Banking related experience an advantage) - Understanding of Corporate Actions would be beneficial | |||||||||||||
| What you can expect from Morgan Stanley | |||||||||||||
| We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 85 years. At our foundation are five core values — putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back — that guide our more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration. Our Firm is differentiated by the caliber of our diverse team, while our company culture and commitment to inclusion define our legacy and shape our future, helping to strengthen our business and bring value to clients around the world. Learn more about how we put this commitment to action: morganstanley.com/diversity. 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. | |||||||||||||
| Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximise their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing and advancing individuals based on their skills and talents. | |||||||||||||