Hedge Fund Accountant Summer Intern

1 week ago


Glasgow, Glasgow City, United Kingdom TargetJobs UK Full time

Morgan Stanley's Fund Services Division is a leading provider of fund administration services, using its proprietary technology platform to deliver high-quality support to clients worldwide.

Job Overview

We are seeking an exceptional Hedge Fund Accountant to join our Centralized Accounting Team and Financial Reporting Team. As a key member of the team, you will be responsible for end-to-end processes related to client accounting and reporting requirements, including daily Net Asset Value reporting, financial statement preparation, and investor-level accounting.

About the Role

The successful candidate will have excellent analytical and problem-solving skills, with a strong attention to detail and ability to multitask. You will also be a team player with excellent communication skills and a client-service orientation. In addition, you will have a solid understanding of Alternative Investment Funds, including knowledge of products, strategies, hedge fund accounting, fee structures, and investor-level accounting.

Responsibilities
  • Computation of monthly 'Net Asset Value' (NAV) for hedge funds
  • Daily processing and accounting of all fund security and financial transactions
  • Daily reconciliation of fund's assets with custodians, prime brokers, and counterparties
  • Preparation of draft year-end Financial Statements
  • Investor/Shareholder accounting and reporting, including multiple series and side-pocket accounting
  • Daily trade matching services and treasury management services (cash, margins) for hedge funds
  • Providing hedge fund clients with analysis surrounding portfolio returns, performance attribution, exposure/position reporting, and quantitative risk models
Requirements
  • You are an undergraduate student with outstanding academic achievements and are on track for a 2:1 honours degree or equivalent
  • You have excellent analytical and problem-solving skills
  • You are a team player and excellent communicator
  • You are able to multi-task and pay close attention to detail
  • You are client-service oriented
What We Offer

The programme is a paid, full-time summer internship that provides interns with a thorough overview of the industry and challenges one can expect from a Morgan Stanley career. The internship includes a firm-wide induction, training sessions, work-shadowing opportunities, and networking events.

Location

The role is based in Glasgow, working closely with a team of experienced professionals who provide fund administration services to clients globally.

Estimated Salary Range

£24,000 - £28,000 per annum (pro rata)

This estimate is based on national averages for similar roles in the UK and may vary depending on individual circumstances.



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