Posted:
8/25/2024, 5:00:00 PM
Location(s):
Dusseldorf, North Rhine-Westphalia, Germany ⋅ North Rhine-Westphalia, Germany
Experience Level(s):
Expert or higher ⋅ Senior
Field(s):
Finance & Banking
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.
Would you like to work for one of the World's largest banks in an exciting, dynamic and international environment?
We are currently recruiting for a Vice President Accounting and Reporting for our Finance Division in Düsseldorf.
MUFG Bank Europe N.V. (MBE) is a fully owned subsidiary of Mitsubishi UFJ Financial Group (MUFG), one of the largest ranked Financial Groups in the world in terms of assets. A world-class set of businesses and more than 180,000 employees in 50 markets. MUFG offers stability in an ever-changing market, providing services to high-profile clients worldwide. For more than 50 years MBE offers corporate and investment banking services to both Japanese and non-Japanese corporate customers.
At MBE we are committed to contributing to a more sustainable future. Thus, we will encourage you to embed environmental, social & governance (ESG) factors in your everyday work and in our culture.
Main purpose of the role:
The Vice President Accounting and Reporting reports into the Head of Finance Germany and is part of the overall finance function with a reporting line to CFO and Head of Finance in the Netherlands. The role is fundamental in bringing current day insights and contribute to the transformation journey and changing mindset of the MBE Finance function. To that end, the role collaborates intensively with colleagues in Germany and Amsterdam to improve and align accounting and reporting processes. The jobholder is able to coach and develop colleagues, as well as ensuring that the respective finance processes are in control, consistent and properly documented.
Contribute hands-on to process improvements and change projects across MBE
Develop, assist and coach colleagues to improve banking/accounting knowledge and insights in current daily processes and data analysis
Involvement in the monthly closing process, including review of activities prepared by junior colleagues
Involvement in periodic reporting process (group, regulatory and statutory reporting) for Germany and the Netherlands
Be a sparring partner to and support where required the German Management, CFO, Head of Finance and Head of Finance Germany
The core responsibilities of this role are:
Preparation and control of monthly closing work as well as the periodic reporting processes both on group level as well as within MBE (according to J-GAAP, US-GAAP and IFRS)
Review of working papers, accounting entries and reports prepared by other colleagues
Involvement and preparation of more complex accounting assessments (e.g. pension, fee recognition)
Preparation and control of regular reports to banking authorities (Bundesbank, BaFin, Dutch Central Bank): Monthly statistical reports (balance sheet statistic, interest payment statistic, external position of banks), monthly reporting according to Foreign Trading and Payments Ordinance (AWV), monthly ANACredit-reporting, quarterly reporting of Million-Loan-Exposure (Millionenkreditverordnung), support MBE regulatory reports where required and other (if necessary, due to actual developments of Regulatory Reporting)
Project work: Improvement of accounting and reporting processes in MBE, development of accounting and reporting tools, process documentation, alignment of accounting and group (regulatory or statutory) reporting process across MBE
Coach colleagues by sharing knowledge and supporting improvements of understanding and processes, resulting in both development of colleagues and processes
Preparation of new product assessments related accounting matters (co-working across finance functions)
Ad-hoc tasks related to accounting and reporting: Support the German Management, Head of Finance Germany as well Head of Finance and CFO
Contact person in Germany Branch for accounting matters and training other colleagues
Track actual developments in accounting regulations and in regulatory reporting and check the application to the bank in cooperation with the Head of Finance Germany across the wider finance function
Travel as part of the role is required (5 to 20 percent), mostly to other German cities, Amsterdam and potentially London
In order to be successful in the role, you will need the following skills and experience:
Diploma or master’s degree in Economics focussing on Banking, Accounting or Mathematical background
Preferably a post-master education (Internationaler Bilanzbuchhalter, ACA, ACCA, CFA or comparable)
Work experience in the banking industry preferred focussing on change management, regulatory reporting or accounting, otherwise work experience in a Big Four Audit Company with focus on financial services would be helpful
Having led project/audit teams and/or teams within a bank would be considered a plus
Advanced knowledge in English and GErman, Dutch or Japanese skills can be helpful
Software skills: Advanced Excel-knowledge (Macros, VBA), SQL/Python knowledge is preferred, working with accounting or regulatory reporting systems
Knowledge of banking products and accounting of banking products especially according to IFRS including knowledge about banking regulation and regulatory reporting and experience with risk, controls and proper process documentation
Personal requirements:
Integrity and Responsibility
Balance Risk with Opportunity
Customer Focus
Demonstrate Global Perspective
Professionalism and Teamwork
Drive For Results
Collaborate and Build Partnerships
Communicate Effectively and Professionally
Challenge Ourselves to Grow
Influence and Inspire Others
Lead Change & Seek Continuous Improvement
Think Strategically
Manage and Develop Talent
Furthermore, we will offer you:
Gross salary based on experience and consistent with the market including bonus payment
Employer contribution to a pension programme (BVV)
Contribution to capital forming benefits (“Vermögenswirksame Leistungen”)
Sponsorship of a job ticket to fifty percent
Lunch allowance
Flextime to support your personal work-life-balance (“Gleitzeit”)
Further training and educational programs, e.g. language courses
Corporate benefits
To work in an ambitious, international environment with colleagues from different countries and cultures, who strive for the best
For more information regarding this position, you can contact our Talent Acquisition Specialist at: laura.ostermann@de.mufg.jp
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.
Website: https://mufgamericas.com/
Headquarter Location: New York, New York, United States
Employee Count: 10001+
Year Founded: 1864
Industries: Banking ⋅ Financial Services ⋅ Wealth Management