At a Glance
- Tasks: Join a dynamic team managing financial reporting and controls for a leading global bank.
- Company: Mitsubishi UFJ Financial Group, a top-tier financial institution with a people-first culture.
- Benefits: Flexible working options, competitive salary, and opportunities for professional growth.
- Why this job: Make your mark in finance while collaborating with diverse teams and driving innovation.
- Qualifications: Experience in financial accounting and strong understanding of general ledger processes required.
- Other info: Embrace diversity and inclusion in a supportive work environment.
The predicted salary is between 36000 - 60000 £ per year.
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 150,000 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.
The Financial Reporting and Controls team is responsible for effective financial management and stewardship of the detailed accounting records; general ledger & sub ledger reporting and control; as well as management of the external audit process. The team undertakes monthly & quarterly JGAAP & USGAAP reporting to Head Office; Regulatory Reporting to Prudential Regulation Authority (PRA) and Bank of England (BoE); Treasury Finance Reconciliation & Reporting; Reporting to the Bank of Japan; IFRS Governance and Reporting for Corporation Tax; and compliance with SOX Programme as governed by the Sarbanes‑Oxley Act.
NUMBER OF DIRECT REPORTS: None
MAIN PURPOSE OF THE ROLE
Reporting to Team Heads responsible for Finance Treasury and for Financial Reporting & Controls. Deputising for Head of Finance Treasury and representing Finance Treasury team in discussions and meetings with Bank and MUSE colleagues. Advise MUFG colleagues in London and EMEA to nurture a broader understanding of MUFG processes and approaches to ensure that they are aligned to deliver outstanding service to internal and/or external clients. Daily and monthly monitoring for Financial Accounting, Control and HO Reporting under JGAAP, USGAAP and IFRS, specializing in Global Markets (EGMD) and Credit Portfolio Management (ECPMO) businesses, and provision of advice and MI to respective stakeholders. Ensure daily P&L and general ledger is consistent with accounting and booking policy. Produce monthly financial reports, including P&L and balance sheet for HO and Regulatory Reporting purposes. SME and lead in strategic projects. Acting in capacity of One MUFG.
KEY RESPONSIBILITIES
- Performance/review of daily reconciliation between Front Office and Back Office systems.
- Investigation of reconciliation differences with respective areas of the bank and advising on root cause and corrective actions.
- Production/review of daily/monthly/ad‑hoc reports for internal purposes.
- Production/review of quarterly JGAAP and semi‑annual USGAAP reports, and other relevant reports for internal and external use.
- Monthly P&L signoff from Treasury.
- Quarterly hedge monitoring.
- Production of IFRS related data for local tax calculation and reporting.
- Subject matter expert in derivatives/treasury areas.
- Review of new requirements impacting Treasury reporting and providing solutions in terms of booking and reporting.
- Implementing effective process controls and process re‑engineering through involvement in strategic projects.
- Leveraging Business Intelligence and knowledge of systems architecture to develop and automate processes to enhance control and increase efficiencies.
- Monthly GL closing, including review of key controls and comprehensive ownership of underlying data.
- Training and oversight of junior staff.
- Engaging with external auditors to support the process throughout the cycle, including interim procedures, controls review and year‑end substantive testing.
WORK EXPERIENCE
Essential: Experience in financial accounting or reporting function. Strong understanding of general ledger accounting, reconciliations and month‑end close processes. Good understanding of establishing and maintaining a strong control environment.
Preferred: Experience in banking/financial services, preferable in Treasury finance area.
SKILLS AND EXPERIENCE
Functional / Technical Competencies Essential: Good understanding of VBA. Product (Derivatives) knowledge.
Education / Qualifications Essential: Graduate & Professional Accounting qualification (ACA, ACCA, CIMA or equivalent).
PERSONAL REQUIREMENTS
- Excellent Microsoft Office skills.
- Proficient with Excel/VBA.
- Excellent communication/interpersonal skills.
- Results driven, with a strong sense of accountability.
- A proactive, motivated approach.
- The ability to operate with urgency and prioritise 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.
- The ability to manage large workloads and tight deadlines.
- Excellent attention to detail and accuracy.
- A calm approach, with the ability to perform well in a pressurised environment.
- Strong numerical skills.
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.
Assistant Vice President, Treasury Finance, 12 month Fixed Term Contract employer: MUFG
Contact Detail:
MUFG Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Assistant Vice President, Treasury Finance, 12 month Fixed Term Contract
✨Tip Number 1
Network like a pro! Reach out to current or former employees at MUFG on LinkedIn. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.
✨Tip Number 2
Prepare for the interview by knowing your stuff! Dive deep into MUFG’s values and recent news. Show them you’re not just another candidate but someone who genuinely cares about their mission and culture.
✨Tip Number 3
Practice makes perfect! Get a friend to do mock interviews with you. Focus on articulating your experience in financial accounting and how it aligns with the role. Confidence is key!
✨Tip Number 4
Don’t forget to follow up! After your interview, shoot a thank-you email to express your appreciation. It’s a small gesture that can leave a lasting impression and show your enthusiasm for the role.
We think you need these skills to ace Assistant Vice President, Treasury Finance, 12 month Fixed Term Contract
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Assistant Vice President role. Highlight your experience in financial accounting and reporting, and show how your skills align with MUFG's values and the specific responsibilities of the position.
Showcase Your Skills: Don’t forget to emphasise your technical competencies, especially your understanding of VBA and derivatives. Mention any relevant projects or experiences that demonstrate your ability to manage financial reporting and controls effectively.
Be Clear and Concise: When writing your application, keep it straightforward and to the point. Use clear language and avoid jargon unless it's relevant to the role. This will help your application stand out and make it easier for us to see your potential.
Apply Through Our Website: We encourage you to submit your application through our website. It’s the best way to ensure your application gets the attention it deserves. Plus, you’ll find all the details you need about the role and our company culture there!
How to prepare for a job interview at MUFG
✨Know Your Numbers
Make sure you brush up on your financial accounting knowledge, especially around general ledger accounting and reconciliations. Be prepared to discuss specific examples from your past experience that demonstrate your understanding of these concepts.
✨Showcase Your Technical Skills
Since the role requires a good understanding of VBA and derivatives, be ready to talk about your experience with these tools. If you've worked on any projects that involved automating processes or enhancing controls, share those stories!
✨Demonstrate Your Problem-Solving Skills
Prepare to discuss how you've tackled challenges in previous roles, particularly in high-pressure situations. Think of specific instances where your structured approach led to successful outcomes, especially in financial reporting or controls.
✨Emphasise Team Collaboration
MUFG values collaboration, so be ready to highlight your experience working in teams. Share examples of how you've engaged with colleagues or mentored junior staff, and how that contributed to achieving team goals.