Fund Accountant - Associate, Fund Services

Job Description Fund Accountant – Associate, Fund Services (Glasgow) The Morgan Stanley Fund Services division provides professional services to Hedge Fund clients. Due to major expansion in our existing hedge fund administration space and through diversification into private equity, family office and quant funds administration, our team has grown significantly during the last two years and continues to grow. This growth and diversification in product and client profile, set within a dynamic and fast paced environment, has provided exciting opportunities to join a growing team and develop new skills.

We are looking to expand our team for 2026.

About Morgan Stanley Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence, and strong team ethic. We can provide a superior foundation for building a professional career – a place for people to learn, to achieve and grow.

A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture. At Morgan Stanley Glasgow, we support the Firm’s global Operations, Technology, Finance, Corporate, and Institutional Securities divisions. The Glasgow office, known for its excellence in process, client service & leadership, has led us to win numerous innovation and people awards. Morgan Stanley has been rooted in the Glasgow community since 2000, steadily contributing to the development of a vibrant local financial services and fintech industry.

Everyone is encouraged to chart their own meaningful career and achieve goals with the support of our best-in-class training and development opportunities.

• The Fund Accountant will be responsible for the end-to-end process with respect to their client’s accounting requirements.
• Oversee the full P&L and balance sheet and daily net asset value reporting.
• Develop knowledge of Alternative Investment Funds including knowledge of the products, strategies, hedge fund accounting, fee structures (e.g., incentive and management fees) and investor level accounting.
• Collaborate with colleagues in Asia, Europe, and US daily.
• Calculation of daily Net Asset Values (NAV’s) – this involves P&L analysis, review position and cash reconciliations, reporting any trading issues to our clients.
• Review monthly capital movements and ad hoc corporate action activity.
• Analyse performance and review income/expense journals for validity.
• Review and finalise month end P&L and balance sheet in preparation for client sign off.
• Produce investor level allocations of income and expenses at valuation points, including calculation of inventive and management fee.
• Work alongside the client relationship manager to support client queries and partner with the client on initiatives.

• Qualified/ Part Qualified ACCA/CIMA/CA accountant or qualified by experience.
• Strong interpersonal and communication skills, both written and verbal.
• High degree of accuracy, ability to multitask.
• Ability to work to tight deadlines.
• Ability to think critical, problem solve and identify opportunities for efficiencies.
• Execute sound judgment on escalating risk.
• Solid excel skills desirable.
• Interest in learning new skills and developing technical knowledge.
• #GLACC

At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90years. Our values - putting clients first, doing the right thing,…