Morgan Stanley Investment Management (“MSIM”) is a global investment manager with over 40 years of history delivering innovative investment solutions across public and private markets worldwide. We have $1.4Tn of AUM with professionals located across 25 countries, with a proven long‐ term track record of success. Our investment teams bring significant expertise in structuring complex financial transactions and commitment to partnering with world‐ class management teams. Morgan Stanley’s extensive business relationships and global network of resources afford our private equity and credit teams as well as our portfolio companies’ unparalleled access to leading corporations, executive talent, as well as competitive deal sourcing advantages.Morgan Stanley Investment Management (MSIM) is one of the three business segments of Morgan Stanley. MSIM currently has $1 Trillion in assets under management. The Morgan Stanley Private Credit (“MSPC”) platform (is part of MSIM) primarily invests in directly originated middle market loans and invests throughout the capital structure across a wide range of industry sectors. MSPC expanded its private credit platform with launch of business development company (“BDC”) to complement its current private credit product offering. The MSPC platform currently manages 2 fund families (including BDCs), which focus on different parts of the capital structure, different EBITDA ranges and different target asset yield. The MSPC platform seeks to create highly diversified portfolios of investments and provide investors with a stable cash yield, focused on capital preservation and benefits from interest rate protections. The MSPC platform intends to raise additional pools of capital, in addition to the existing BDCs and private funds, these will include additional GP/LP structures, SMAs and additional BDCs.Morgan Stanley Private Credit business is looking to hire an Associate candidate to perform the following principal responsibilities to support Direct Lending Funds.We are looking for an accounting and finance “athlete” with a solid track record of demonstrating excellence, performance, growth, and initiative.Key Duties/Responsibilities
Prepare and coordinate the production calendar to meet various deadlines (MS firm, SEC and investors)
Coordinate and assist in review of the monthly accounting close package from third party administrator
Detail review monthly/quarterly valuations models and inputs
Detail review of the monthly/quarterly credit facilities waterfall payment file
Detail review credit facility reporting and compliance with credit agreements
Researching accounting issues and preparing technical accounting policy documents
Manage and review administrator deliverables to ensure accurate processing of activity, timely receipt of deliverables, accuracy of NAV reporting and financial statements, and accuracy of investor notices and reporting
Interface with auditors in all quarterly review and audit coordination and completion as well as for the internal controls assessment
Coordinate with tax and review of the quarterly and annual RIC tests
Review annual tax returns, K-1s and local filings with help of tax team and tax service providers
Review the tie-out of quarterly/annual financial statements and assist in implementation of new accounting requirements with auditors and administrators
Detail review of all investor reporting as necessary (i.e. capital account statements, capital calls and distributions notices and performance reporting)
Prepare borrowing and repayment requests internally and with the lender groups frequently as needed
Assist in improving efficiency through technology and other special projects as needed
Retrieve and compile relevant financial information for investor correspondence Bachelor’s degree in Accounting and Finance
CPA a plus
3-5 years related experience required
Big 4 accounting firm background preferred
BDCs or Private Credit Funds experience a plus
Proficient in Microsoft Word, PowerPoint and Excel
Interpersonal skills and a team player
Organizational and multi-tasking skillsMorgan 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).Wage Transparency Statement
Expected base pay rates for the role will be between $90,000.00 and $110,000.00 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.Job: Asset/Investment Management Title: MSIM Private Credit - Financial Reporting Associate Location: New York-New York Requisition ID: 3255666
