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- Tasks: Manage financial accounts, prepare reports, and ensure accuracy in transactions.
- Company: Join MUFG, a leading global financial group with a rich 350-year history.
- Benefits: Enjoy flexible working options and a culture that values diversity and inclusion.
- Why this job: Make a meaningful impact while developing your career in a supportive environment.
- Qualifications: Proficiency in Microsoft Office, strong communication skills, and a proactive mindset required.
- Other info: Open to flexible working requests; commitment to equality and diversity.
The predicted salary is between 43200 - 72000 ÂŁ per year.
AVP, Financial Accounting and Reporting 12 Month FTC page is loaded
AVP, Financial Accounting and Reporting 12 Month FTC
Apply locations London time type Full time posted on Posted 2 Days Ago job requisition id 10071274-WD
Do you want your voice heard and your actions to count?
Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world’s leading financial groups. Across the globe, we’re 120,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world.
With a vision to be the world’s most trusted financial group, it’s part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. This means investing in talent, technologies, and tools that empower you to own your career.
Join MUFG, where being inspired is expected and making a meaningful impact is rewarded.
Mitsubishi UFJ Financial Group (“MUFG”) is one of the world\’s leading financial groups. Headquartered in Tokyo and with approximately 350 years of history, MUFG is a global network with around 2,300 offices in over 50 countries including the Americas, Europe, the Middle East and Africa, Asia and Oceania, and East Asia. The group has over 150,000 employees, offering services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing.
As one of the top financial groups globally with a vision to be the world\’s most trusted, we want to attract, nurture and retain the most talented individuals in the market. The size and range of MUFG\’s global business creates opportunities for our employees to stretch themselves and reap the rewards, whilst our common values, to behave with integrity and responsibility, and to build a culture which is fair, transparent, and honest, underpin everything that we do.
We aim to be the financial partner of choice for our clients, whatever their requirements, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world.
MUFG’s shares trade on the Tokyo, Nagoya, and New York (NYSE: MTU) stock exchanges. The group’s operating companies include, but are not limited to, MUFG Bank, Ltd., Mitsubishi UFJ Trust and Banking (Japan\’s leading trust bank), Mitsubishi UFJ Securities Holdings (one of Japan\’s largest securities firms), and MUFG Americas Holdings.
Please visit our website for more information, visit .
MAIN PURPOSE OF THE ROLE
- Preparation of Technology suspense accounts. This includes liaising with account owners to ensure validity and accuracy of individual account transactions and timely capitalization of assets, monitoring cost spend against budget, accruing, calculating withholding tax and markups, invoicing and following up on cash remittance for projects carried out in London on behalf of EMEA offices.
- Production and review of daily reconciliation between Front and Back Office systems.
- Production and review of Daily Profit and Loss reports for Global Market Division.
- Investigation of reconciliation differences with respective areas of the bank and advising on root cause and corrective actions.
- Maintain Bank’s fixed assets and leased assets register and prepare all related Head Office reports. This includes review of applications for system development, advising on investment vs expense treatment and monitoring the fixed assets coding in Oracle.
- Preparation of Bank’s pension accounting journals and reporting.
- Monthly balance sheet controls regarding nostro accounts
- Preparation of monthly closing journals, ledger adjustments, analysis and reconciliations. Review business reports to ensure accuracy in General Ledger including accruals processing to ensure reporting within the correct accounting period.
- Half yearly Variable Interest Entity reporting
- Preparation of Financial Accounting Reports in order to support the Bank in meeting its deadlines to its various stakeholders
- Quarterly and semi-annual Japanese GAAP and US GAAP reporting preparation and review ensuring complete, accurate and timely preparation and submission of reports and following up with auditor queries.
- Adhoc projects
SKILLS AND EXPERIENCE
- Good working knowledge of Microsoft Office (Proficient with Excel/VBA, Word and Access)
- Exposure to Derivatives related accounting
- Good exposure to accounting software packages.
- Good written and verbal skills
- Excellent communication skills
- Results driven, with a strong sense of accountability
- A proactive, motivated approach.
- The ability to operate with urgency and prioritize work accordingly
- Strong decision making skills, the ability to demonstrate sound judgement
- A structured and logical approach to work
- Strong problem solving skills
- A creative and innovative approach to work
- Excellent attention to detail and accuracy
- A calm approach, with the ability to perform well in a pressurized environment
We are open to considering flexible working requests in line with organisational requirements.
MUFG is committed to embracing diversity and building an inclusive culture where all employees are valued, respected and their opinions count. We support the principles of equality, diversity and inclusion in recruitment and employment, and oppose all forms of discrimination on the grounds of age, sex, gender, sexual orientation, disability, pregnancy and maternity, race, gender reassignment, religion or belief and marriage or civil partnership.
We make our recruitment decisions in a non-discriminatory manner in accordance with our commitment to identifying the right skills for the right role and our obligations under the law.
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At MUFG, our colleagues are our greatest assets. Our Culture Principles provide a roadmap for how each of our colleagues must think and act to become more client-obsessed, inclusive and innovative. They reflect who we are, who we want to be and what we expect from one another. We are excited to see you take the next step in exploring a career with us and encourage you to spend more time reviewing them!
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AVP, Financial Accounting and Reporting 12 Month FTC employer: MUFG Bank, Ltd
Contact Detail:
MUFG Bank, Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land AVP, Financial Accounting and Reporting 12 Month FTC
✨Tip Number 1
Familiarise yourself with the specific financial regulations and reporting standards relevant to the role, such as Japanese GAAP and US GAAP. This knowledge will not only help you in interviews but also demonstrate your commitment to understanding the nuances of the position.
✨Tip Number 2
Network with current or former employees of MUFG, especially those in similar roles. They can provide valuable insights into the company culture and expectations, which can be a great advantage during your application process.
✨Tip Number 3
Prepare to discuss your experience with accounting software packages and Microsoft Office, particularly Excel and VBA. Be ready to share specific examples of how you've used these tools to solve problems or improve processes in previous roles.
✨Tip Number 4
Showcase your problem-solving skills by preparing examples of past challenges you've faced in financial accounting and how you overcame them. This will highlight your proactive approach and ability to perform well under pressure, which are key traits for this role.
We think you need these skills to ace AVP, Financial Accounting and Reporting 12 Month FTC
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the AVP, Financial Accounting and Reporting position. Tailor your application to highlight relevant experience and skills that align with the job description.
Highlight Relevant Experience: In your CV and cover letter, emphasise your experience with financial accounting, reporting, and any specific software mentioned in the job description, such as Oracle or Excel/VBA. Use concrete examples to demonstrate your expertise.
Craft a Strong Cover Letter: Your cover letter should not only express your interest in the role but also showcase your understanding of MUFG's values and culture. Mention how your personal values align with theirs and how you can contribute to their mission.
Proofread Your Application: Ensure that your CV and cover letter are free from grammatical errors and typos. A polished application reflects attention to detail, which is crucial for a role in financial accounting. Consider asking a friend or using tools to help with proofreading.
How to prepare for a job interview at MUFG Bank, Ltd
✨Showcase Your Technical Skills
Given the role's focus on financial accounting and reporting, be prepared to discuss your proficiency with Microsoft Office, especially Excel and VBA. Highlight any experience you have with accounting software packages and derivatives-related accounting.
✨Demonstrate Problem-Solving Abilities
The position requires strong problem-solving skills. Prepare examples from your past experiences where you successfully identified issues and implemented effective solutions, particularly in high-pressure situations.
✨Communicate Clearly and Effectively
Excellent communication skills are essential for this role. Practice articulating your thoughts clearly and concisely, and be ready to explain complex financial concepts in a way that is easy to understand.
✨Understand the Company Culture
Research MUFG’s values and culture, focusing on their commitment to diversity, inclusion, and client service. Be ready to discuss how your personal values align with theirs and how you can contribute to their mission of being the world's most trusted financial group.
