Morgan Stanley

Legal Entity Controller

Morgan Stanley$90K — $155K *
Legal & Accounting
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting, Finance, or related field
  • 5+ years of experience in financial services or consulting
  • In-depth knowledge of finance and technical skills in the financial sector
  • Strong problem-solving skills and ability to work under tight deadlines
  • Excellent communication and collaborative mindset
  • Familiarity with FOCUS reporting and broker-dealer requirements

Responsibilities

  • Collaborate with finance colleagues and Firm stakeholders
  • Lead individual and team projects in finance
  • Ensure compliance with risk and regulatory standards
  • Act as a culture carrier for the Firm's values
  • Review detailed analytics for financial statement accuracy
  • Prepare quarterly analytics on cost allocations
  • Oversee accurate preparation of legal entity financial statements

Benefits

  • Comprehensive Morgan Stanley sponsored benefit programs.
  • Incentive compensation and discretionary bonuses.
  • Potential for commission earnings.
  • Opportunities for professional development and growth.
Full Job Description
We are looking for an experienced professional to join our team as a Director in the Legal Entity Controller Group. The Legal Entity Controller group is responsible for overseeing the financial reporting and regulatory adherence of our legal entities, ensuring accurate and timely financial statements, and maintaining compliance with industry standards and regulations. The ideal candidate will possess a strong background in finance, accounting, and regulatory frameworks.

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 a Director level position within the Corporate Controllers, Reporting & Accounting job family which is responsible for the accuracy and control of the Firm's books and records to produce the consolidated firm, segment and legal entities financial statements. The group owns the Firm's financial reporting under US GAAP, International GAAP and the global regulatory regimes. Responsibilities include the development, management and oversight of financial accounting & reporting systems as well as database management. Includes capital and liquidity reporting and external reporting functions.

What you'll do in the role:
- Collaborate with a varied group of colleagues in Finance and across the Firm
- Responsible for and lead aspects of individual and team deliverables and projects, leveraging in-depth knowledge of Finance functional area, product and/or client segments
- Adhere to the Firm's risk and regulatory standards, policies and controls; proactively identify ways to reduce risk in work
- Act as a culture carrier; embody and set an example of the Firm's values and hold yourself and others accountable to Firm standards
- Review detailed monthly analytics and commentary to ensure completeness and accuracy of the financial statements.
- Prepare quarterly analytics on cost allocations.
- Oversee timely and accurate preparation of legal entity financial statements in accordance with U.S. GAAP.
- Collaborate with other departments to ensure accurate and timely financial reporting.
- Responsible for review of external financial statements as well as related disclosures for various footnotes.
- Be control-oriented and have an ability to efficiently interface with both internal and external auditors as required.
- Investigate, analyze, and resolve issues, and respond to ad-hoc queries.

What you'll bring to the role:
- In-depth knowledge of Finance functional area, product and/or client segment and technical skills, as well as of industry and competitive environment
- Ability to operate independently with respect to most job responsibilities
- Bachelor's degree in Accounting, Finance, or related field
- 5+ of years of work experience in financial services, consulting,
- Excellent problem-solving skills, with the ability to work under tight deadlines and manage multiple priorities.
- Strong communication skills with collaborative mindset.
- Familiarity with FOCUS reporting and broker-dealer financial and operational requirements.
- Ability to manage multiple tasks, operate within deadlines, and escalate when appropriate.

Expected base pay rates for the role will be between $90,000 and $155,000 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.

About Morgan Stanley

Morgan Stanley Investment Management are active managers of capital, working to outperform the market and deliver results for their clients. Morgan Stanley Investment Management's long-tenured professionals apply their experience and expertise across public and private markets, in single-sector, multi-asset and custom solutions.

Morgan Stanley Careers

Joining Morgan Stanley today means becoming part of a global team dedicated to strengthening communities, pioneering innovation, and fostering diversity. As a leading global financial services firm, Morgan Stanley offers unparalleled job opportunities, career growth, and a culture of leadership that together create an exceptional employment experience. Work You’ll Do At Morgan Stanley, you will collaborate with knowledgeable professionals to drive innovation and deliver solutions in financial services. Our team is composed of diverse, talented individuals who bring their unique skills and perspectives to work every day, setting the standard for leadership in the global market. Morgan Stanley is not just a company; it's a place where ambitious, creative, and skilled individuals can build a rewarding career. Here, you can experience the benefits of a vibrant culture dedicated to professional growth and diversity training. Internship Programs Kickstart your career with Morgan Stanley’s internship programs. These positions offer invaluable industry insights and professional experience to students and recent graduates. Interns at Morgan Stanley gain hands-on experience, working alongside seasoned experts in a dynamic, supportive environment. Innovation and Professional Growth We believe in the power of innovation to solve complex problems and encourage our team to think differently and act boldly. Morgan Stanley supports your career development through comprehensive training, development programs, and leadership workshops, ensuring that every employee has the tools they need to succeed. Join Our Team Explore the various job opportunities at Morgan Stanley, from entry-level positions to executive roles. We are hiring individuals who are passionate about finance and eager to contribute to a team that values integrity, excellence, and a forward-thinking mindset. Enhance your skills through our networking events, mentorship opportunities, and ongoing professional development. Stay Connected Keep up to date with the latest from Morgan Stanley Careers by subscribing to our job alert emails. Tailor your preferences to receive updates about new postings, career tips, and exclusive insights from our team leaders. Apply Now Ready to take the next step in your career? Search open positions that match your skills and interests on the Morgan Stanley Jobs portal. Prepare your resume, refine your interview techniques, and join a company that values innovation and leadership. At Morgan Stanley, we’re not just building careers—we’re developing leaders. Discover how far your talents can take you by joining our team today.
Learn more about Morgan Stanley
Size
77,000 employees
Market Cap
$144.1 billion
Industry
Net Income
$10.9 billion
Founded
1935
5 Year Trend
+10%
Revenue
$52 billion
NASDAQ

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