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12 month Fixed Term Contract - Financial Controller - AVP
Overview of the Department/Section:
Finance is responsible for the effective financial management and stewardship of the detailed accounting records, general ledger reporting, budgeting and forecasting, and tax affairs of the company. The Financial Reporting team are responsible for the annual and interim published financial statements, interaction and management of the external audit process, monthly balance sheet control and reporting and quarterly reporting to head office in Tokyo.
https://www.mufgemea.com/governance/financial-statements/
Main Purpose of the Team :
Our Financial Reporting and Accounting Control Team (“FRC”) is responsible for the central reconciliation of finance systems to upstream sources and related control aspects for MUFG Securities EMEA Plc and MUFG Securities (Europe) N.V. and the required IFRS and JGAAP reporting in an accurate the timely manner.
Accounting Control focuses on, daily and monthly control of the general ledger, reconciliation of revenues across all trading books between Oracle and Product Control Consolidated P&L, expense management and reporting, substantiation of balance sheet, documentation and processing of hedge accounting.
Financial Reporting focuses on IFRS and JGAAP reporting to serve Statutory, Regulatory and Management Information reporting requirements.
Key Responsibilities of the role:
Oversee certain aspects of the MUS(EMEA) finance function ensuring an appropriate level of control and governance is applied and is in line with minimum standards as set out within firm policies and procedures. Main aspects of the role include:
Revenues:
Supporting the Revenue Team in month end closeProviding insight and support for PL and the related BS impact of the financial instrumentsCosts:
Supporting the Cost Team in month end closeProviding insight and support for cost + and expense recharge mechanismBalance Sheet:
In depth third party-based Balance sheet substantiationReporting
You will compliment timely and accurate financial reporting with value-add analysis through detailed analytical procedures to understand business performance and drivers.You will leverage Business Intelligence (our primary data reporting tool) and your knowledge of systems architecture to develop and automate processes to enhance control, increase efficiencies and enable greater focus on value-add analysis.Extensive communication is required across the firm including direct interaction with trading desks, risk teams, product control and other Finance teams with regular communication with Tokyo colleaguesYou will engage with external auditors to support the process throughout the cycle, including interim procedures, controls review and year-end substantive testing.The team is expected to maintain recent detailed process notes for all material areas of responsibility and support other team members through cross-training and knowledge sharing to promote a culture of continual professional development across the team.The role may require rotation within the team to ensure exposure to alternate products, at appropriate intervals.Other ad-hoc tasks, depending on the workload of the team.General
Projects: provide key input into the design, specification and implementation of systems and controls to enhance underlying departmental processesNew Products, Complex Transactions and Businesses: Key involvement in the New Product Approval and product implementation processes, ensuring appropriate bookings and related interpretation in the cash control mechanism.Play a leading role in ensuring governance standards are adhered to.Skills and Experience:
Big 4 trained preferred and ACA/ACCA qualified / newly qualified (part-qualified considered)Financial instruments experience (preferred, not essential)Solid knowledge of IFRS requiredFamiliarity with PRA/FCA Reporting requirements (preferred, not essential)Familiarity with working with very large volumes of complex dataCompetent user of Microsoft Office with advanced Excel skillsPlease note MUFG operate a hybrid working policy with 3 days in the office per week.
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.