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.

OVERVIEW OF THE DEPARTMENT/SECTION

MUFG (Mitsubishi UFJ Financial Group) 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, 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 - mufgemea.com.

NUMBER OF DIRECT REPORTS

TBC

MAIN PURPOSE OF THE ROLE 

The role has primary responsibility and accountability for Costs, and includes a supporting the wider Securities Control and Reporting Team

• You will have primary responsibility for, and be the subject matter expert in the team for cost reporting up to and including monthly CFO sign off; this includes but is not limited to:
  • Monthly costs and accruals for 2 Legal Entities (Parent UK entity and EU Subsidiary) including analysis 
  • Cost allocations (Support Function to Front Office, Front Office to Front Office, International & additional cross entity Front Office allocations)
  • Compensation and benefits
  • Cost side elimination for consolidated reporting at both a statutory level and for JGAAP Reporting to Head Office in Tokyo

• Governance
  • Maintain and develop a robust control environment
  • Actively manage and track regulatory costs and regulatory returns associated with the PL
  • Take ownership and manage the Oracle accounting framework
  • You will proactively contribute to the monthly GL close, through review of key controls and underlying trade data supporting an end-to-end understanding of systems and process flow and comprehensive ownership of underlying trade data. Tasks and duties will include
  • Supporting the Revenue Team in month end close
  • Providing insight and support for cost + and expense recharge mechanism

Balance Sheet:

• In depth third party based Balance sheet substantiation
• 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 colleagues.
• You 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.
• Rotation within the team to ensure exposure to alternate products, at appropriate intervals, is encouraged.

SKILLS AND EXPERIENCE

• Big 4 trained preferred and ACA/ACCA qualified
• Financial instruments experience (preferred)
• A keen interest in Financial Reporting, with experience of preparing financial statement disclosures
• Solid knowledge of IFRS required
• Experience of working in a multi-GAAP Group function (preferred)
• Familiarity with working with very large volumes of complex data
• Experience of using Business Intelligent tools in developing automated reporting solutions
• Competent user of Microsoft Office with advanced Excel skills

MUFG operate a hybrid working policy with 3 days per week in the office

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.