AVP, Financial Accounting and Reporting 12 Month FTC

MUFG Bank, Ltd; City Of London; On-site; GBP 50,000 - 70,000; Full time

Job summary

A prominent financial institution in London is looking for an AVP in Financial Accounting and Reporting for a 12 Month FTC. The role involves preparing technology suspense accounts, producing daily reconciliation reports, and maintaining fixed assets. Candidates should demonstrate strong proficiency in Microsoft Office and have good exposure to accounting practices. This is an excellent opportunity to join a global network committed to diversity and inclusion.

Qualifications

• Good working knowledge of Microsoft Office, especially Excel.
• Experience in Derivatives related accounting.
• Familiarity with accounting software packages.
• Strong communication skills.

Responsibilities

• Prepare and manage technology suspense accounts.
• Produce daily reconciliation reports.
• Analyze and review Profit and Loss reports.
• Maintain fixed assets and prepare reports.
• Prepare financial accounting reports for stakeholders.

Skills

Microsoft Office proficiency (Excel/VBA, Word, Access)

Exposure to Derivatives related accounting

Accounting software packages exposure

Excellent written and verbal communication

Results driven

Proactive and motivated approach

Strong decision making and judgment

Strong problem solving skills

Attention to detail

Job description

Overview

AVP, Financial Accounting and Reporting 12 Month FTC

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world's leading financial groups. MUFG is a global network with offices in over 50 countries, offering services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. MUFG is committed to diversity and inclusion and to building an inclusive culture where all employees are valued and respected.

MUFG aims to be the financial partner of choice for clients, building long-term relationships, serving society, and fostering sustainable growth for a better world. We seek talented individuals to join and contribute to this vision.

The role is based in London and is a 12 Month Fixed Term Contract (FTC) with a focus on financial accounting and reporting for the Bank.

Main purpose of the role

• Preparation of Technology suspense accounts, liaising with account owners to ensure validity and accuracy of transactions, capitalization of assets, monitoring cost spend against budget, accruing, calculating withholding tax and markups, invoicing and managing cash remittance for London-based projects on behalf of EMEA offices.
• Production and review of daily reconciliation between Front and Back Office systems.
• Production and review of Daily Profit and Loss reports for Global Market Division.
• Investigation of reconciliation differences with respective areas of the bank and advising on root cause and corrective actions.
• Maintain Bank's fixed assets and leased assets register and prepare related Head Office reports, including review of system development applications, advising on investment vs expense treatment and monitoring fixed assets coding in Oracle.
• Preparation of Bank's pension accounting journals and reporting.
• Monthly balance sheet controls regarding nostro accounts.
• Preparation of monthly closing journals, ledger adjustments, analysis and reconciliations; review of General Ledger reports to ensure accuracy and proper accruals within the correct accounting period.
• Half yearly Variable Interest Entity reporting.
• Preparation of Financial Accounting Reports to support deadlines to stakeholders; quarterly and semi-annual Japanese GAAP and US GAAP reporting preparation and review with timely submission and auditor query follow-up.
• Adhoc projects.

Skills and experience

• Good working knowledge of Microsoft Office (Proficient with Excel/VBA, Word and Access).
• Exposure to Derivatives related accounting.
• Good exposure to accounting software packages.
• Good written and verbal skills; excellent communication skills.
• Results driven with a strong sense of accountability.
• Proactive, motivated approach; ability to operate with urgency and prioritize work.
• Strong decision making and judgment; structured and logical approach to work.
• Strong problem solving skills and creative/innovative approach to work.
• Excellent attention to detail and accuracy; able to perform well in a pressurized environment.

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 equality, diversity and inclusion in recruitment and employment and oppose all forms of discrimination on grounds of age, sex, gender, sexual orientation, disability, pregnancy and maternity, race, gender reassignment, religion or belief and marriage or civil partnership.