Vice President, Financial and Regulatory Reporting MENA

Mitsubishi UFJ Financial Group; Dubai; On-site; AED 200,000 - 300,000; Full time

Job summary

A global financial services group in Dubai is seeking a finance professional to support the Head of Finance for the Middle East. This role involves managing financial reporting, establishing controls, and leading VAT matters. The ideal candidate will possess a relevant degree and a minimum of 10 years of experience in finance, along with qualifications such as CPA, ACA, or ACCA. The company values diversity and is open to flexible working arrangements.

Qualifications

• Minimum 10 years experience in financial or regulatory reporting.
• Experience in similar organizations in the region.
• Accounting qualifications such as CPA, ACA, ACCA, CIMA.

Responsibilities

• Establish professional relationships with internal and external stakeholders.
• Manage financial reporting to Tokyo Head Office and relevant regulators.
• Assist in building a robust control framework for timely and accurate reporting.
• Lead in VAT matters including invoicing and reporting.

Skills

Understanding of IFRS

Advanced Excel skills

Numerically competent

Accounting qualifications (CPA, ACA, ACCA, CIMA)

Experience with JGAAP and USGAAP

Education

University Degree in Finance or Accounting

Job description

Do you want your voice heard and your actions to count

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG) one of the worlds leading financial groups. Across the globe we have 150,000 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 is 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.

Finance Department

The Finance Department is responsible for supporting multiple offices across the MENA region with the hub located in Dubai. Key responsibilities covered by the team are:

• Prudential reporting to external regulators (Dubai Financial Services Authority (DFSA) Qatar Financial Centre Regulatory Authority (QFCRA))
• Interaction with tax authorities and tax reporting across MENA
• Tax risk assessment and advisory (in cooperation with Head of Tax EMEA) for geographies where MUFG is present in MENA across matters such as VAT, corporation tax, WHT, PE risk etc.
• Head Office reporting for JGAAP & USGAAP.
• Managerial reporting for revenues and expenses.
• Finance related advisory to the business.
• Management and coordination of Finance projects in MENA.
• Focal point for HO and regulatory reporting in MENA.

NUMBER OF DIRECT REPORTS: One (1)

MAIN PURPOSE OF THE ROLE

To support the Head of Finance Middle East in the day to day accounting operations across the Middle East region.

KEY RESPONSIBILITIES

• Establish strong working & professional relationships with both internal and external counterparts within Dubai, the Middle East Region, London and Tokyo (e.g. regulators, auditors, advisors and Financial Accounting Office - FAO).
• Define IFRS Regulatory reporting requirements and procedures in partnership with London and Deloittes.
• Manage all the financial reporting to Tokyo Head Office and the relevant Regulators (DFSA, QFCRA and tax authorities (UAE, Qatar and Kuwait)).
• Assist in defining HO JGAAP & USGAAP reporting requirements & procedures in partnership with London and FAO.
• Assist in establishing a strong control framework to ensure that all reporting requirements are undertaken on a timely and accurate basis.
• Be responsible for analysing and interpreting the Bank’s financial data and communicating this information to key stakeholders.
• Assist in the development implementation and monitoring of Finance policies procedures and internal control systems in the Middle East Region in order to ensure that the Bank’s assets are being fully optimised and safeguarded as well as to ensure uniformity, consistency, accuracy and timeliness of all financial reporting.
• Enable the Bank to share best practices throughout the Middle East Region and to recommend such practices to key stakeholders for consideration and implementation.
• To assist and participate in the development of the Bank’s reporting.
• Assist in drafting workflows and applicable Finance procedures to ensure the smooth running of all developments and guidelines with a drive to continuously improve such procedures and guidelines.
• Act as Culture carrier for the Bank in leading by example and with a can‑do attitude.
• Deputise in the absence of the Head of Financial Planning.
• Involvement in ongoing projects in the region.
• Act as a focal point for Internal and External reporting questions.
• Take the lead in VAT matters including customer invoicing and reporting.
• Develop and Train personnel / staff through on the Job training.
• Identify areas for Business process Reengineering / Improvement and lead the change.
• Take the lead in CT matters including Reporting.
• MUSE Support: Provide on the ground support associated with Finance to MUSE branch staff.

EDUCATION

• University Degree or equivalent with a Finance or Accounting major.

WORK EXPERIENCE

• Previous experience of working within an Accounting or Financial role (including reporting) within a similar organisation in the Region.

SKILLS AND EXPERIENCE

• A good understanding of IFRS and applicable Regulatory Financial Reporting requirements (ideally DFSA, CBUAE, CBB, QFCRA, JGAAP, USGAAP).
• Advanced Excel skills.
• Numerically competent.
• Accounting qualifications such as CPA, ACA, ACCA, CIMA (part‑qualified / fully qualified).
• Fully certified and a member of either ACCA or CIMA.
• Based in the GCC.
• Minimum 10 years experience on financial / regulatory reporting.
• Experience with JGAAP and USGAAP.
• We are open to considering flexible working requests in line with organisational requirements.

Equality, Diversity and Inclusion

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.