Director, Tax & Advisory

Morgan Stanley is a leading global financial services firm providing investment banking, securities, investment, and wealth management services. The Firm's employees serve clients worldwide, including corporations, governments, and individuals from more than 1,200 offices in 43 countries. 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.

About the role

Morgan Stanley Services Group, Inc. is seeking a Director, Tax & Advisory in New York, New York to provide tax compliance and reporting support for the firm consolidated federal, state, and local corporate tax returns, relevant schedules, and supporting documentation.

Responsibilities

• Prepare and review separate company income tax provision and footnote for audited financial statements.
• Prepare and review the tax provisions, including separate company financial statements, monthly, and quarterly effective tax rate (ETR) calculations.
• Work with consultants, Controllers, and other support groups to gather needed information for the calculation of quarterly estimates, provisions, and tax returns.
• Work with a varied group of colleagues in connection with federal, state, and local tax audits or inquiries and prepare responses to tax notices in response to Information Document Requests (IDRs).
• Review of quarterly federal and state deferred tax balances for regulatory reporting purposes.
• Reconciliation and validation of income tax accounts and balance sheet tax accounts.
• Help to manage and administer tax engagements with service providers.
• Assist with tax calendars and scheduling of deliverables.
• Process payments to taxing authorities and delivery of tax filings.
• Analyze income tax accounting impact of transactions, and assist with special projects.
• Collaborate with Legal Entity Management team, and oversee the formation and closure of legal entities in certain segments.

Requirements

Requires a Master’s degree in Professional Accounting, Finance, or a related field of study.

Requires two (2) years of experience in the position offered or two (2) years as a Tax Manager, Tax Associate, or a closely related occupation.

Skills

• Preparing and reviewing U.S. federal corporate and partnership income tax returns, related schedules, and supporting documents.
• Preparing state and local corporate, and partnership income tax returns including unitary and combined reporting.
• Applying Accounting Standards Codification (ASC) 740 income tax accounting principles.
• Preparing and analyzing income tax provisions for financial reporting.
• Calculating and analyzing effective tax rates (ETR).
• Analyzing and reconciling deferred tax assets and deferred tax liabilities.
• Reconciling income tax accounts and balance sheet tax accounts.
• Analyzing tax adjustments and book-to-tax differences.
• Preparing tax footnote disclosures for audited financial statements.
• Supporting federal and state tax audits including responses to Information Document Requests (IDRs).
• Analyzing tax accounting impacts of corporate transactions.
• Preparing and reviewing tax compliance filings for multiple legal entities.
• Using tax compliance and tax provision software for corporate tax reporting.
• Using Microsoft Excel functions for tax data analysis and reconciliation.

Benefits

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.

Pay

Expected base pay rates for the role will be between $154,000 and $155,000 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.