Head of Payroll Accounting
We are looking to appoint a new Head of Payroll Accounting and Short-Term Compensation Accruals as part of our Global Compensation Controller team within Finance. This role is responsible for overseeing all aspects of global payroll accounting and short-term compensation accrual processes, including contributing to the strategic direction of the function, managing a team of 16 FTE, managing senior stakeholder relationships across the HR, IT and Finance organisations, delivering on Firmwide / Finance / HR projects, driving digital process automation, and supporting global compensation forecasting and reporting.
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 Firm’s financial and capital resources. This is a Vice President level position within the 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
- Lead end-to-end processes and/or programs that require complex decision making, advanced understanding of client and stakeholder needs and subject matter expertise
- Understand and adhere to the Firm's risk and regulatory standards, policies and controls; own risk and contingency plans for business area
- Act as a role model and culture carrier; embody and set an example of the Firm's values and hold yourself and team accountable to Firm standards
- Manage, attract, develop and retain talent for team within Finance while creating an inclusive environment; translate Firmwide goals into actionable goals for department/function
- Oversee the monthly financial close for global payroll and short-term compensation accrual processes
- Apply a strong commercial focus and contribute to the strategic direction of the function
- Provide high quality compensation analysis and forecasting to senior partners across HR and Finance
What You'll Bring To The Role
- Advanced understanding of Finance functional area, industry, and competitive environment and technical skills, including risks and key regulations relevant to the division
- Strong technical skills
- Ability to inspire and support others by providing positive and constructive feedback and to acknowledge efforts of and promote team members
- Ability to manage risk and impact to functional area, and create plans to mitigate those risks
- Experience in managing and developing a high performing team of at least 10-15 staff
- Expertise in handling complex operational and accounting issues and working cross-functionality to drive solutions
- Experience in managing multiple senior stakeholder relationships
- Experience in managing monthly financial close processes to meet business critical deadlines
- At least 8 years' relevant experience would generally be expected to find the skills required for this role
What You Can Expect From Morgan Stanley
We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work.
To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.
Certified Persons Regulatory Requirements
If t his role is deemed a Certified role and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks.
Flexible work statement
Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.
Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents.
