Financial Control and Reporting

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Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 6th largest financial group in the world. Across the globe, we’re 160,000 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.

EPD Finance is primarily responsible for financial accounting, JGAAP & USGAAP Financial reporting to Head Office, Regulatory Reporting to Prudential Regulation Authority (PRA) and Bank of England (BoE), Financial Planning and Management Reporting, Treasury Finance Reconciliation & Reporting, Taxation and managing bank-wide SOX Programme to comply with the Sarbanes-Oxley Act.

EPD Finance also proactively support and mentor Finance departments of other EMEA units in areas of Accounting, Taxation and Internal Controls.

NUMBER OF DIRECT REPORTS

N/A

MAIN PURPOSE OF THE ROLE
- IFRS conversion of Japanese GAAP profit to IFRS profit (including ECL calculation based on IFRS 9 standards)
- Preparation of IFRS profit and loss account statements
- Maintain fixed assets register and prepare all fixed assets related Head Office reports
- Co-ordination of systems suspense accounts process
- Preparation and review of monthly closing journals and adjustments
- Preparation of Financial Accounting Reports in order to support the Bank in meeting its deadlines to its various stakeholders

KEY RESPONSIBILITIES
- Monthly preparation of IFRS 9 ECL adjustments in Modus, liaising with relationship managers to establish staging based on credit rating. Review of discounted cash flow calculations based on borrower rating and market scenarios. IFRS accounting of held for sale loans which includes liaising with Front Offices for fair value calculations. Keep up to date with changes to the current reporting requirements.
- Assist with upgrades and testing of the ECL reporting system to enable continuous accurate reporting. Working with technology to ensure any issues are resolved in a timely manner
- Preparation of monthly Japanese GAAP to IFRS profit conversion for tax calculation and presenting to Senior Management with detailed analysis
- Preparation of IFRS profit and loss account statement
- Review of systems suspense accounts and control and maintenance of designated suspense accounts, liaising with account owners to ensure validity and accuracy of individual account transactions and timely capitalization of assets
- Responsible for review of Application of Systems Development Forms and fixed assets coding in Concur (Payments Systems)
- Control (existence, valuation and completeness) of the Bank’s fixed assets register and preparation of fixed assets reports to relevant stakeholders including responding to any ad hoc enquiries relating to fixed assets.
- Completion of monthly closing journals, ledger adjustments and reconciliations
- Half yearly Variable Interest Entity reporting
- Preparation an