External Reporting- Vice President, Corporate Controllers, Reporting & Accounting
Morgan Stanley
- Location
- Mumbai, India
- Work model
- On-Site
- Level
- Staff
- H-1B history
- 39 approvals (FY2023)
- Posted
- 1d ago
About this role
We are seeking someone to join our Finance Shared Services - External Reporting team as a Vice President in Finance Division. 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 Firms financial and capital resources. This is a Vice President position within our 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, including development, management and oversight of financial accounting & reporting systems as well as database management, including capital and liquidity reporting and external reporting functions. Since 1935, Morgan Stanley is known as a global leader in financial services, always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world. What you'll do in the role: Collaborate with a varied group of colleagues in Finance and across the Firm Responsible for and lead a significant set of deliverables, leveraging advanced understanding of Finance functional area, product and/or client segment Proactively identify emerging risks in individual and department work and contribute to strategies for mitigating them Act as a role model and culture carrier; Embody and set an example of the Firm's values and hold yourself and others accountable to Firm standards Provide leadership, guidance, and monitor resources to meet the following objectives: Support the preparation, review and submission of the external regulatory reports (US Fed Reports like FRY9C, FFIEC 101, FFIEC 009, FR 2510, FRY-15, TICs etc and EMEA COREP Reports) on a monthly and quarterly basis Conduct in-depth analysis of variances, incorporating the understanding of accounting issues, economic events and their impact and present the financial results to Senior Management and US / EMEA Regulatory Agencies. Assist in driving process efficiencies and continuous process improvement efforts to strengthen controls. Execute report pre-submission checks, implement control procedures, and review regulatory reporting requirements Maintain a consolidated list of adjustment details by report and participate in data quality improvement projects to strengthen controls, improve report accuracy and reduce manual adjustments Lead/participate in other special projects and ad-hoc requests as needed. Execute and review key reporting controls (cross filing reconciliations, variance analysis) Prepare and store control evidence for the centralized report population Prepare due diligence review decks and review with key stakeholders Review and update relevant policies and procedures Participate in Regulatory exams, internal audits and address inquiries as required. Continually monitor developments in regulatory rule/reporting changes and assist Corporate Finance functions in implementing and meeting the reporting requirements. Execute adhoc projects to support reporting automation initiatives and regulatory reporting changes Provide ongoing guidance and mentorship to team members. What you'll bring to the role: Advanced understanding of Finance functional area, product and/or client segment and technical skills, as well as of industry and competitive environment Ability to provide positive and constructive feedback and acknowledge efforts of team members Ability to articulate risk and impact to various audiences, and create plans to mitigate those risks Demonstrated experience in regulatory reporting production, review and submission. Experience in managing, developing and leading teams Strong relevant U.S. / EMEA regulatory reporting knowledge Demonstrated ability to communicate in verbal/writing and present to various types of audience’s complex issues in an easy-to-understand manner Strong communication skills - clear, concise, and appropriate method of