Associate Accountant - Leasing & Asset Finance

MUFG•Los Angeles, CA
•$95,000 - $110,000•Hybrid

About The Position

This entry-level accounting position supports the operational accounting, reporting, and control functions for a portfolio of complex lease and financing transactions. The role reviews transaction documentation, maintains supporting records, and processes accounting entries for book and tax purposes. The Associate Accountant manages transaction funding requirements, monitors payment activity, supports intercompany loan and cash management processes, and maintains subsidiary ledger data. The position prepares reports and analyses for internal management, financial statement reporting, audits, and regulatory compliance. It also performs account reconciliations, investigates variances, and provides analytical support for balance sheet and income statement accounts to help ensure the accuracy, integrity, and compliance of financial records and operational processes. The selected colleague works at an MUFG office or client sites four days per week and remotely one day per week.

Requirements

  • Bachelor’s degree in Accounting; a Business Administration degree with a concentration in Accounting may also be considered.
  • Knowledge of accounting principles, financial reporting, and account reconciliations.
  • Strong analytical and problem-solving skills and excellent attention to detail.
  • Strong organizational skills and the ability to manage multiple priorities and deadlines.
  • Effective written and verbal communication skills.
  • Proficiency in Microsoft Office Suite.

Nice To Haves

  • Experience with Oracle or other accounting systems.
  • Operational accounting, treasury, or cash management experience.
  • Leasing, equipment finance, or financial services industry experience.

Responsibilities

  • Review transaction documentation and prepare supporting information for book and tax accounting entries, ensuring accuracy, completeness, and compliance with accounting policies and regulatory requirements.
  • Monitor transaction funding requirements, cash flows, and ongoing payment collections, including oversight of intercompany loan activities and cash management processes.
  • Maintain and reconcile subsidiary ledger data for a portfolio of complex lease and financing transactions, ensuring the integrity and accuracy of financial records.
  • Prepare and compile information to support management reporting, financial analysis, and regulatory reporting requirements.
  • Reconcile balance sheet and income statement accounts, investigate discrepancies, and provide analytical reviews and explanations of significant variances and trends.
  • Maintain documentation and records to support financial reporting, compliance, and audit requirements.

Benefits

  • Competitive benefits package, subject to eligibility requirements and applicable terms.
  • Comprehensive health and wellness benefits.
  • Retirement plans.
  • Educational assistance and training programs.
  • Income replacement for qualified employees with disabilities.
  • Paid maternity and parental bonding leave.
  • Paid vacation, sick days, and holidays.
  • Eligibility for discretionary performance-based bonus and/or incentive compensation.
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