Financial Reporting AVP

Posted:
8/21/2024, 5:00:00 PM

Location(s):
England, United Kingdom ⋅ London, England, United Kingdom

Experience Level(s):
Mid Level ⋅ Senior

Field(s):
Finance & Banking

Workplace Type:
Hybrid

Do you want your voice heard and your actions to count?

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 7th largest financial group in the world. 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.

12 month FTC - AVP - Financial Reporting

Main Purpose of the Role:

To contribute to the overall success of the Financial Reporting team with a primary focus of delivery the quarterly Head Office reporting and bi-annual statutory reporting. The reporting is consolidated across a number of MUFG Group entities (including Bank and Securities) which span IFRS, USGAAP & JGAAP.

Key Responsibilities:

  • You will have full accountability for and be the subject matter expert in the team for a number of traded products and own all associated financial reporting across a number of Group companies.

  • 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.

  • 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 system) 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 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.

  • You will be responsible for carrying out SOX testing and ensuring control framework is adhered to.

  • 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.

Skills and Experience:

  • Big 4 trained preferred and ACA/ACCA qualified
  • Financial institution experience (preferable)
  • 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 (preferable)
  • Familiarity with working with very large volumes of complex data
  • Experience of using Business Intelligent tools in developing automated reporting solutions

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