At a Glance
- Tasks: Join our team to manage financial accounting and reporting for employee compensation.
- Company: Morgan Stanley, a global leader in financial services since 1935.
- Benefits: Comprehensive employee benefits, flexible working arrangements, and career growth opportunities.
- Why this job: Make an impact in a dynamic environment while collaborating with top professionals.
- Qualifications: Part-qualified accountancy qualification preferred; strong communication and teamwork skills required.
- Other info: Diverse and inclusive workplace with a commitment to employee development.
The predicted salary is between 28800 - 48000 £ per year.
Join to apply for the Financial Accountant (Associate) role at ACCA Careers. We’re seeking someone to join our Compensation Controller team as an Associate. 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.
Benefits
- 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 finance-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
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. This is an Associate within our Risk, Assurance, Governance & Control job family which provides oversight and monitoring of operational risk or third party/outsourcing for the global Finance division, validation and testing of financial and regulatory reports and reinforcement of regulatory requirements, policies and procedures.
What You’ll Do In The Role
- Perform accounting and reporting tasks associated with employee compensation (Firm's largest P&L line)
- Undertake financial analysis of data in accordance with key SOX control requirements
- Reconcile and substantiate general ledger expense and balance sheet accounts
- Prepare insightful analysis for other groups including HR, Tax and other teams across Finance
- Participate in system enhancements including project focused activities and UAT testing
- Adhere to, and where possible, enhance process documentation and the control environment
- Identify and implement process efficiencies
- Respond to and interact with key stakeholders including HR, IT, other Finance teams, Tax, Audit
- Represent the function in wider office committees
- Undertake other ad hoc tasks as required
What You’ll Bring To The Role
- Working knowledge of Finance functional area, industry and competitive environment
- Ability to communicate clearly and concisely, and adapt to various audiences
- Willingness to seek guidance and provide feedback to further develop self and peers
- Strong communication skills; clear, concise, and appropriate method of delivery
- Collaborative team player with a strong work ethic
- Ability to manage workload efficiently and effectively
- Flexibility to work in a dynamic environment under tight deadlines
- Problem solving skills and initiative
- Qualified / part-qualified accountancy qualification (preferred)
Unfortunately, we are unable to provide visa sponsorship for this role because it doesn’t meet the government’s requirements for Skilled Worker visas. We would only be able to offer you this role if you can demonstrate proof of Right to Work in the UK.
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 89 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.
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.
Equal opportunities employer
Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize 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.
Financial Accountant (Associate) employer: ACCA Careers
Contact Detail:
ACCA Careers Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Financial Accountant (Associate)
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those who work at Morgan Stanley or similar firms. A friendly chat can lead to insider info about the role and even a referral!
✨Tip Number 2
Prepare for the interview by brushing up on your financial accounting knowledge. Be ready to discuss GAAP principles and how they apply to employee compensation. Show us you know your stuff!
✨Tip Number 3
Practice your communication skills! You’ll need to convey complex financial concepts clearly. Try explaining them to a friend or family member to ensure you can adapt your message to different audiences.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re serious about joining the team at Morgan Stanley.
We think you need these skills to ace Financial Accountant (Associate)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Financial Accountant role. Highlight relevant experience and skills that match the job description, especially in financial accounting and reporting.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for the team. Mention specific experiences that relate to the responsibilities listed in the job description.
Showcase Your Communication Skills: Since strong communication is key for this role, make sure your application reflects your ability to communicate clearly and concisely. Use straightforward language and keep it professional yet approachable.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way to ensure your application gets the attention it deserves, so don’t miss out!
How to prepare for a job interview at ACCA Careers
✨Know Your Numbers
As a Financial Accountant, you'll be dealing with numbers all day. Brush up on your financial accounting principles and be ready to discuss how you've applied them in past roles. Familiarise yourself with GAAP and any relevant regulations that might come up during the interview.
✨Showcase Your Analytical Skills
Prepare to demonstrate your analytical abilities by discussing specific examples where you've performed financial analysis or reconciled accounts. Think of situations where you identified discrepancies and how you resolved them, as this will show your problem-solving skills.
✨Communicate Clearly
Strong communication is key in this role. Practice explaining complex financial concepts in simple terms, as you may need to interact with non-financial stakeholders. Be prepared to showcase your ability to adapt your communication style to different audiences.
✨Be Ready for Scenario Questions
Expect scenario-based questions that assess your ability to handle tight deadlines and dynamic environments. Think about times when you've had to manage multiple tasks or projects simultaneously and how you prioritised your workload effectively.