Morgan Stanley—Governance & Financial Control, Vice President, Business Unit Management

Job description

Description: We're seeking someone to join our team as a Vice President, Governance & Financial Control to oversee governance, monitoring, reporting, and financial control for Corporate Services spend within Business Services & Management's Independent Governance & Financial Control function. The role is responsible for end-to-end invoice, accrual, allocation, and vendor governance, operating within established policies and thresholds. In the Corporate Services division, we empower our businesses by creating collaborative workplace solutions and commercial services that enhance the employee and client experience, while optimizing the value of our sourcing and third-party lifecycle to enable the Firm to do-and-win business. This is a Vice President level position within Business Unit Management, which performs business management/CAO functions such as headcount management, financials, people processes, executive communications, and strategic support. 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: - Execute and maintain independent expense-control governance, including policies, standards, decision rights, evidence requirements, and audit readiness - Oversee invoice, accrual, allocation, vendor, and operational controls, including billing recovery, SLA compliance, utilization, payment aging, and exception remediation - Lead major vendor reviews and process improvements, embedding stronger SLAs, automation, and governance into business-as-usual operations - Define and govern MIS requirements, KPIs, thresholds, dashboards, and reporting standards to provide leadership and OpCos with visibility into control health, savings, and exceptions - Partner with Technology, Finance, Sourcing, Service Owners, and process-optimization teams to translate control requirements into reporting and automation solutions while protecting data integrity - Provide independent challenge and governance reporting, driving issue resolution, continuous improvement, centralized exception management, and knowledge transfer across the CS governance function What you'll bring to the role: - Bachelor's degree in Finance, Accounting, Business Administration, or a related field - Typically, 8+ years of experience in financial governance, commercial or cost controls, or expense management within a global financial institution - Experience with vendor billing, reconciliations, accruals, cost allocations, internal audits, and evidence-based financial controls - Demonstrated experience establishing control frameworks, thresholds, exception logs, and audit processes - Experience defining management-information requirements and partnering with technology teams on dashboards and data pipelines - Strong management-reporting, cost-analysis, process-optimization, vendor-governance, SLA, and utilization-analysis capabilities - Ability to influence Sourcing, Finance, Service Owners, and regional teams while maintaining independence from the functions being governed - Experience leading a small control team; experience within a shared-services or Center of Excellence environment is preferred. Experience with automation, AI, and workflow tools; travel-services expertise is considered an advantage. WHAT YOU CAN EXPECT FROM MORGAN STANLEY: At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 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. Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents. Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences. For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.