MSIM- Private Credit- Fund Controller- VP

Vice President (Externally Fund Controller)

Morgan Stanley Private Credit business is looking to hire a Vice President (externally Fund Controller) candidate to perform the following principal responsibilities to support its private credit funds.

We are looking for an accounting and finance "athlete" with a solid track record of demonstrating excellence, performance, growth, and initiative.

Key Duties/Responsibilities

• Supervise and coordinate the production calendar to meet various deadlines (MS firm, SEC and investors deliverables)
• Manage and maintain internal income forecast model to estimate distributable income
• Manage third-party valuation specialists with investment level appraisals, detailed review of inputs, qualitative aspects and valuation models
• Researching accounting issues and preparing technical accounting policy documents and memos
• Manage and 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
• Interface with auditors in all quarterly review and audit coordination and completion as well as for the internal controls assessment
• Liaison with the internal auditors and SOX service provider on internal controls testing and enhance controls, as necessary
• Coordinate with tax team and review of the quarterly and annual RIC tests
• Coordinate with external tax firms to review annual tax returns, K-1s and local filings with help of tax team and tax service providers
• Review the tie-out of quarterly/annual financial statements and assist in implementation of new accounting standards with auditors and fund administrators
• Review SEC filings, such as 8Ks, 10Qs, 10Ks, earnings releases, supplemental reporting, and provide comments
• Detail 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
• Retrieve and compile relevant financial information for investor correspondence
• Review and provide input to all Fund-related regulatory filings, participate in efforts to respond to regulatory requests and inquiries related to the BDCs/Funds
• Coordinate with portfolio management team on monthly portfolio stats and quarterly portfolio review process
• Coordinate with shadow books service providers and review the monthly NAV reconciliations
• Detail review of the monthly/quarterly credit facilities waterfall payment file
• Detail review of the credit facility reporting and compliance with credit facility agreements
• Responsible for overseeing the work assignments of analysts/associates, communicating performance expectations and providing performance feedback

Skills/Qualifications External

• Target range of 9-12 years of experience in financial accounting, or finance function for an alternative investment manager with exposure to private credit, BDCs, or private equity funds
• Ability to implement accounting and reporting for various investment structures or funds
• Desire to understand transaction process flows and requirements and develop processes to solve complexities as they arise
• Experience with external audit processes and procedures
• Knowledge of accounting principles including US GAAP and Investment Company Accounting
• Bachelor's degree with a major in Accounting or Finance
• CPA a plus
• Big 4 accounting firm experience preferred
• Excellent written /verbal communication skills
• Ability to work in a fast paced, deadline driven environment
• Good quantitative/analytical and problem-solving skills

Expected base pay rates for the role will be between $150,000.00 and $210,000.00 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 is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.