Business Unit Controller (BUC) Complex Products AVP

MUFG•New York, NY

23h•Hybrid

About The Position

Do you want your voice heard and your actions to count? Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world’s leading financial groups. Across the globe, we’re 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’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. The selected colleague will work at an MUFG office or client sites four days per week and work remotely one day. A member of our recruitment team will provide more details. Job Summary: Business Unit Controller (BUC) Complex Products AVP is responsible for a broad range of activities such as: Ensure the underlying accounting records are accurate, complete and in accordance with JGAAP and USGAAP. Prepare general ledger entries and “Requests for Information” from Regulatory Reporting team and Head Office Reporting team. Partner with BUC and Accounting Policy to evaluate accounting issues and support strategic decisions made by Finance. Participate in discussions with Head Office in Japan to ensure accounting appropriately reflects both regions’ accounting rules. Provide required documentation to external auditors and proactively resolve all audit findings in a timely manner. Prepare a reconciliation of general ledger accounts assigned to BUC Complex Products team. Collaborate with business units in the assessment and implementation of new products. Work with BUC to develop and maintain adequate key financial controls to manage financial risks yet ensure efficiency. Make certain the appropriate and relevant assurance activities are in place to assess the adequacy and effectiveness of those controls. General: Lead by example Embrace MUFG initiatives such as Inclusion & Diversity. Comply with MUFG policies and procedures as well as all rules and laws emanating from any of the regulatory authorities. Embrace change and drive innovations – adopt the philosophy of continuous improvement. Operate in a transparent manner and strive to assist team members and colleagues to deliver the best outcome to MUFG, its clients and regulators. Work collaboratively with other colleagues in the region and internationally to ensure we operate as One MUFG.

Requirements

BS/BA or MS/MBA required, CPA designation strongly desired.
Minimum of 3+ years of progressive financial reporting experience in large, complex banking or financial institutions:
General ledger experience
Month-end / quarter-end close
Journal entry preparation
Financial and regulatory reporting
Internal control frameworks
Strong technical accounting knowledge, including experience with Head Office reporting and familiarity with banking products such as derivatives, securities and repurchase agreements.
Advanced proficiency in Microsoft Excel.
Excellent written and verbal communication skills, with the ability to effectively interface with senior management.
Proactive, self-motivated professional with demonstrated ability to lead through change.

Responsibilities

Ensure the underlying accounting records are accurate, complete and in accordance with JGAAP and USGAAP.
Prepare general ledger entries and “Requests for Information” from Regulatory Reporting team and Head Office Reporting team.
Partner with BUC and Accounting Policy to evaluate accounting issues and support strategic decisions made by Finance.
Participate in discussions with Head Office in Japan to ensure accounting appropriately reflects both regions’ accounting rules.
Provide required documentation to external auditors and proactively resolve all audit findings in a timely manner.
Prepare a reconciliation of general ledger accounts assigned to BUC Complex Products team.
Collaborate with business units in the assessment and implementation of new products.
Work with BUC to develop and maintain adequate key financial controls to manage financial risks yet ensure efficiency.
Make certain the appropriate and relevant assurance activities are in place to assess the adequacy and effectiveness of those controls.
Lead by example
Embrace MUFG initiatives such as Inclusion & Diversity.
Comply with MUFG policies and procedures as well as all rules and laws emanating from any of the regulatory authorities.
Embrace change and drive innovations – adopt the philosophy of continuous improvement.
Operate in a transparent manner and strive to assist team members and colleagues to deliver the best outcome to MUFG, its clients and regulators.
Work collaboratively with other colleagues in the region and internationally to ensure we operate as One MUFG.