Morgan Stanley Fund Services is a wholly owned subsidiary of Morgan Stanley that administers over $500 billion of hedge fund, family office and private equity assets. Using the Firm’s proprietary, globally accessible technology platform, the business provides a full range of fund administration services, including NAV accounting and financial reporting; tax reporting, transfer agency and investor services; middle and back-office support; and integrated portfolio analytics. Morgan Stanley Fund Services is supported by approximately 1,400 professionals based in New York, London, Hong Kong, Dublin, Glasgow, Bangalore, and Mumbai.
Description
Morgan Stanley Fund Services is seeking a tax senior manager to service hedge fund, private equity and family office clients. The position requires strong accounting, tax, computer, communication, presentational, and leadership skills, a facility and ease with technology, as well as granular tax knowledge in the hedge fund, family office and private equity areas.
Principal Duties
- Supervise and develop Tax Staff in preparation of partnership taxable income, tax allocations and tax estimates for Fund Administration clients.
- Develop strong client relationships
- Develop and maintain strong relationships with client tax preparers
- Assist with additional tax related requests from clients.
- Help the client conversion team with new client set-ups.
- Support clients on proactive tax planning using Morgan Stanley’s on demand reporting.
- Serve as the direct client and tax preparer contact.
- Demonstrate the MSFS tax platform to client prospects.
- Contribute to organizing and presenting at Morgan Stanley sponsored tax events
- Assist in driving tax product offering strategy working in close coordination with technology colleagues
Qualifications - External
- Accountant with 15+ years of multi-asset class Hedge Fund and Private Equity tax experience. CPA preferred. Family Office experience a plus
- Strong computer skills. Comfortable working with technology and various internal financial applications.
- Knowledge of hedge fund and private equity fund tax accounting concepts including partnership tax accounting, tax allocations, management, and incentive allocations.
- Experience with tax lot layering preferred.
- Experience with financial services taxation, including wash sales, PFICs, Section 1256 contracts, NPCs, Section 988, constructive sales and straddles.
- Experience with various hedge fund, private equity, and family office structures (master-feeder, mini-master, fund-of-funds, hybrid funds).
- This position requires the ability to multi-task and balance competing client deliverables.
- Strong team and interpersonal skills.
- Strong presentational and communication skills.
- Big 4 experience with buy side experience a plus.
Expected base pay rates for the role will be between $105,000 and $200,000 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).
Posting Date
Nov 15, 2024
Primary Location
Americas-United States of America-New York-New York
Job
Fund Services
Employment Type
Full Time
Job Level
Vice President
