Business Unit Controller (BUC) Complex Products AVP

Mitsubishi UFJ Financial Group•New York, NY

1d•Hybrid

About The Position

The Business Unit Controller (BUC) Complex Products AVP is responsible for a wide array of activities. These include ensuring the accuracy and completeness of accounting records in accordance with JGAAP and USGAAP, preparing general ledger entries, and fulfilling information requests from Regulatory Reporting and Head Office Reporting teams. The role involves partnering with BUC and Accounting Policy to evaluate accounting issues and support strategic financial decisions. It also requires participation in discussions with the Head Office in Japan to ensure accounting reflects both regions' rules, providing documentation to external auditors, and resolving audit findings. The BUC Complex Products AVP will prepare reconciliations of assigned general ledger accounts, collaborate with business units on new product assessment and implementation, and work with BUC to develop and maintain adequate key financial controls to manage risks and ensure efficiency. Additionally, the role ensures appropriate assurance activities are in place to assess control adequacy and effectiveness.

Requirements

BS/BA or MS/MBA required
Minimum of 3+ years of progressive financial reporting experience in large, complex banking or financial institutions
General ledger experience
Month-end / quarter-end close experience
Journal entry preparation experience
Financial and regulatory reporting experience
Internal control frameworks experience
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.

Nice To Haves

CPA designation strongly desired

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.