Mena Legal Entity Controller, Vice President - Dubai, United Arab Emirates - Morgan Stanley

Description

MENA Legal Entity Controller, Vice President


Job Number:
3247860


POSTING DATE:
Mar 21, 2024


PRIMARY LOCATION:
Europe, Middle East, Africa-United Arab Emirates-Dubai-Dubai


EDUCATION LEVEL:
Bachelor's Degree


JOB:
Finance


EMPLOYMENT TYPE:
Full Time


JOB LEVEL:
Vice President


DESCRIPTION

• MENA Legal Entity Controller, Vice President

Dubai
3247860

Department Profile
The Finance Division reports to the Chief Financial Officer and consists of some 3,000 employees worldwide.

Finance protects the Morgan Stanley franchise by serving as guardian of the Firm's books and records, and by contributing to firmwide risk management and risk reduction.

This division maintains relationships with Morgan Stanley's various industry and government regulators, and also serves as the conduit of financial information to the outside investment community.

Finance plays a critical role as advisor to Morgan Stanley's various businesses and its senior management team.

• The Financial Control Group (FCG) is responsible for overseeing the accounting and financial and regulatory reporting for the Firm. FCG prepares external financial reports for public filings and regulators. For internal reporting FCG, along with Financial Planning and Analysis (FPA), summarises, plans and forecasts the organisation's financial position, including income statements, balance sheets, and analyses of future revenues, expenses and earnings. FCG is comprised of Business Unit Controllers, Infrastructure Controllers, Accounting, Regulatory and Reporting groups, and Valuation Control.

Team Profile

Dubai Controllers are part of the MENA Finance team which has four controllers including the MENA Head of Finance in Dubai, one controller each in Saudi and Turkey.

The Dubai team provides finance coverage across all MENA legal entities and regional support to business units and Firm Management.

The MENA team has a wide range of responsibilities covering legal entity control, regulatory and tax reporting, providing advisory services and management reporting to business units and Firm Management.

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.

Morgan Stanley DIFC Branch
Morgan Stanley has been active on behalf of clients in MENA since the early seventies.

We have steadily built our relationships and expanded our offerings in the region:

our comprehensive range of services includes mergers and acquisitions, corporate finance, equity and debt capital markets, and sales and trading activities, as well as asset management.

From our Offices in Saudi Arabia, the UAE and Qatar, we provide clients access to global opportunity, and solutions to their most complex problems.

Our Firm's regional presence is enhanced by our broad reach in the global capital markets, innovative thinking, and unwavering focus on meeting our clients' needs.

Together these have made Morgan Stanley an especially strong name in MENA.

What will you be doing?
This is an analytical and detail-oriented review role in the Legal Entity Control (LEC) team.

The individual will work on all aspects of regulatory and tax reporting and ensure that the organisation acts in compliance with internal policies, external rules and regulations in the UAE and Qatar.

The role will also involve supervision of recurring reporting in Saudi Arabia and Turkey.
Reporting to the Head of MENA Finance, the individual will assume a number of responsibilities:

• Responsible for the entire legal entity lifecycle ensuring compliance with internal and external reporting requirements;
• Perform detailed reviews of:
• Quarterly legal entity reporting packs which support regulatory filings and annual financial statements along with engaging external auditors; and
• Monthly tax returns;
• Provide oversight of month end responsibilities which include:
• Understanding the business and validating expense allocations, management recharges and transfer pricing bookings on the entity; and
• Ensuring comprehensive review of month end reconciliations and sign off in the global system for Balance Sheet, Net Revenues and Expenses;

- maintaining a comprehensive reconciliation between balances reported under local GAAP and US GAAP;

• Liaise with other internal groups including MENA COO, local infrastructure teams, Accounts Payable, Payroll, Fixed Assets, Product Controllers and Tax
• Support firmwide Legal Entity initiatives and any adhoc/regular regional management reporting requi