Morgan Stanley Investment Management (“MSIM”), together with its investment advisory affiliates, has more than 3,200 investment professionals around the world and $1.3 trillion in assets under management or supervision as of December 31st, 2022. Morgan Stanley Investment Management strives to provide strong long-term investment performance, outstanding service and a comprehensive suite of investment management solutions to a diverse client base, which includes governments, institutions, corporations and individuals worldwide.
Morgan Stanley Private Credit business is looking to hire an Associate candidate to perform the following principal responsibilities to support Direct Lending Funds:
We are looking for an accounting and finance “athlete” with a solid track record of demonstrating excellence, performance, growth, and initiative.
Key Duties/Responsibilitie
- Prepare and coordinate the production calendar to meet various deadlines (MS firm, SEC and investors)
- Prepare and review of the monthly accounting close package from third party administrator
- Prepare and/or review of monthly/quarterly valuations models and inputs
- Prepare and/or review of the monthly/quarterly credit facilities waterfall payment file
- Review administrator deliverables to ensure accurate processing of activity, timely receipt of deliverables, accuracy of NAV reporting and financial statements, and accuracy of investor notices and reporting
- Interact with auditors in all quarterly review and audit coordination and completion as well as for the internal controls assessment
- Liaison with tax and review of the quarterly and annual RIC tests
- Tie-out of quarterly/annual financial statements and assist in implementation of new accounting requirements with auditors and administrators
- Prepare and/or review of all investor reporting as necessary (i.e. capital account statements, capital calls and distributions notices and performance reporting)
- Assist in improving efficiency through technology and other special projects as needed
- Compile relevant financial information for investor correspondence
Qualifications:
- Bachelor’s degree in Accounting and Finance
- CPA a plus
- 3-5 years related experience required
- Big 4 accounting firm background preferred
- BDCs or Private Credit Funds experience a plus
- Proficient in Microsoft PowerPoint and Excel
- Interpersonal skills and a team player
- Organizational and multi-tasking skills
Expected base pay rates for the role will be between $100,000 and $110,000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.
Morgan Stanley’s goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees. It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law. Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).