Exchange and Clearing Fees Controller

  • Competitive
  • Budapest, Budapest fovaros, Hungary
  • Permanent, Full time
  • Morgan Stanley
  • 19 Aug 17

See job description for details

Morgan Stanley is a global financial services firm and a market leader in investment banking, securities, investment management and wealth management services.

We are currently looking for a
Trading Fees Financial Controller
for our Budapest office

The Budapest Trading Fees Controlling group is seeking to fill a Controller position that requires a highly motivated individual with strong analytical, technical and communication skills. Main responsibilities include trading fee reconciliation, communication with exchange and clearing houses and Morgan Stanley Finance Controller groups; month end close tasks, variance and trend analysis, GL account reconciliation, invoice reconciliation and payment, and delivering on ad hoc requests from Finance management and Business Units. The role also includes active contribution to automation and renovation projects, optimization of current processes, and harmonization/standardization of processes across regions.


  • Controlling of trading related expenses
  • Month-end close activities (accruals, allocations, variance analysis)
  • Reconciliation of internal and external trade details
    Interact with internal controllers, operations and traders to resolve any trade related issues
  • Cooperate with Accounts Payable Team to ensure invoice payments are made in a timely manner
  • Provide detailed analyses on monthly, quarterly and yearly expense variances, define main drivers and support Business Unit monthly reporting
  • Respond to ad-hoc reporting requests to Business Units


Skills required:
  • Bachelor's degree in Finance/Accounting or related fields
  • At least 2 years of experience preferably in finance or accounting field
  • Interest in banking and the financial markets
  • Strong analytical, communication, and interpersonal skills
  • Strong knowledge and understanding of accounting principles and financial concepts
  • Excellent spoken and written English
  • Demonstrated ability to: prioritize competing responsibilities, work under pressure, meet challenging deadlines and capability to build and maintain effective business relationships
  • Strong analytical and technical skills, proficient in use of MS Office especially Excel
  • Pro-active attitude
  • Good team player

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.