Director - Real Estate Accounting Operations

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Director - Real Estate Accounting Operations

role at

Morgan Stanley .

Morgan Stanley manages a line of tax‑managed alternative investment products with AUM of approximately $64.0 Billion, including real estate assets of approximately $9.6 Billion, consisting of over 145 real properties. The real estate assets consist of property investments in various ownership structures and varying markets and sectors. Independent property management companies manage the real estate assets.

What You’ll Do In The Role

Maintain an experienced understanding of the business line, firm and real estate investments held in a competitive environment.

Prepare and review daily and monthly property accounting and reporting for a portfolio of currently 145+ investment properties and 9+ property management firms within stringent deadlines.

Prepare detailed accounting entries for real estate transactions within stringent deadlines.

Perform the team's operational and accounting functions for both the Alternative Investment Funds and the related subsidiary real estate investments, including credit facility and mortgage debt administration and compliance, monitoring of cash movements, distributions and contributions from / to real estate investments, maintenance of investment trial balances, accrual accounting, development and provision of accounting instruction to service providers, loan borrowings and repayments, assistance with external and internal audits, monitoring and processing invoices and other expense accounting including insurance and real estate taxes.

Provide on‑going support to the Real Estate Investment Group.

Play a role in ensuring a strong control environment and monitoring risks.

Contribute to the optimization of technology solutions and existing platform subscriptions; adapt to and learn innovative technologies as needed.

Contribute to firm initiatives.

Administrate existing technology platforms and create solutions using AI and modern technology.

Strong accountability for accuracy and completion of assigned deliverables while meeting deadlines.

Collaborate daily with internal teams and multiple outside service providers (property managers, banks, custodian, and audit professionals).

Maintain and build relationships with peers in department, immediate supervisor, peers in other departments and with exposure to senior staff.

May have responsibility for training staff and have supervisory responsibilities.

Participate in firm initiatives and adhere to firm policies, procedures, and training.

What You'll Bring To The Role

Continuous focus in building strong relationships internally and externally.

Effective use of technology solutions and existing platform subscriptions and develop and learn modern technology solutions.

Ability to use independent judgement and work independently.

Developing supervisory, training skills, and providing input into resourcing decisions.

Maintain strong written and oral communications.

Understand and maintain a strong control environment.

Bachelor's or master's degree in accounting or finance.

A CPA candidate or CPA with public accounting experience preferred.

Minimum 4–6 years of demonstrated progression of audit, accounting, and reporting experience within the Real Estate and Investment industries, with strong knowledge of GAAP.

Strong detail orientation skills with a superior work ethic.

Excellent organization, time management, problem solving, and communication skills.

Advanced technology skills preferred (Alteryx, Power BI).

Experience with RealPage Asset Monitoring software an plus.

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. You will 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 diverse backgrounds and experiences. We offer comprehensive employee benefits and perks, and ample opportunities for career growth.

Equal Employment Opportunity

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, gender identity or expression, 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).

Expected base pay for this role will be between $105,000 and $156,000 per year at the commencement of employment, with additional compensation components such as commission earnings, incentive compensation, discretionary bonuses, and other benefit programs.

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