Head of Corporate Accounting, Vice President

MUFG•New York, NY

29d•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: The Corporate Accounting team is a key part of the Finance team at MUFG Securities Americas Inc. and is responsible for the maintaining MUSA's general ledger by ensuring that day-to-day accounting is performed, subledger feeds are processed and the ledger is in accordance with U.S. GAAP as well as ensuring all Head Office and external Financial Reporting is timely and accurate. The role holder will have accountability for the direct management of the Corporate Accounting team including oversight of month end close processing, post close reporting, financial reporting, posting journal entries to Oracle general ledger as well as performing additional accounting procedures such as accounting policy analysis, automation of processes and ad-hoc project work.

Requirements

BS/BA or MS/MBA in Accounting required.
7-10 years of progressive accounting Financial reporting experience in large, complex banking or financial institutions.
Demonstrable leadership experience.
Identifies multiple paths to success using analytical and critical thinking as well as decision-making skills
Operates strategically to support a culture of continuous improvement and systems thinking
Makes sound business decisions in a complex work environment
Collaborates with other business functions and divisions to advance business objectives
Is flexible, decisive, and able to establish support from leadership
Strong technical accounting skills, and understanding of US GAAP.
Possess excellent communication skills and comfort interfacing with senior management.
Strong systems and product knowledge, securities industry knowledge a plus.
Proficiency in ERP systems and data analytics platforms.

Nice To Haves

Big 4 Public / Securities industry experience preferable.
Experience with Oracle and Broadridge systems preferable.
FINRA Series 99 preferred – can be obtained after joining MUSA.

Responsibilities

Accountability for management of Financial Accounting, Control and Reporting under JGAAP, USGAAP and IFRS for MUSA.
Responsibility for G/L processing (e.g. operating expenses / transfer pricing / daily journal entries)
Delivery of accurate, timely and insightful quarterly reports (e.g. Home Office consolidation package, SOX testing
Assess related risks and drive the enhancement and effective operation of key controls across departmental processes
Manage Month End closing process (e.g. Prepayments, Accruals, Fixed Assets, etc)
Monitor and maintain revenue/expense sharing agreements and associated journal entries.
Review reconciliations in Oracle ARCS tool and assist in expanding functionality.
Spearhead Finance improvement projects and assist with implementation.
Monitor intercompany balancing, reconciliation and invoicing.
Provision of Accounting Policy and Guidance under USGAAP and IFRS including liaison with Tokyo FAO where required.
Lead in business analysis, user acceptance testing and implementation of strategic system implementations and other firm-wide projects relating to financial reporting
Talent management to include recruitment, retention and development of staff to ensure individual and team performance in line with stakeholder expectations; Maintaining and enhancing good working relationships with stakeholders, including business and control / infrastructure teams, auditors, regulators, local management and staff of the Finance function globally;
Leading projects and system enhancements as required, ensuring effective control and continuous process improvement;
Identification, escalation and resolution of issues regarding the department and related activities;
Ensure adherence to Policies and Procedures and that said documents are updated in accordance with review schedules and remain relevant in the context of business/market events;
Ensure adherence to relevant regulatory requirements and accounting standards;
Documentation of control activities and methodologies undertaken in respect of the above responsibilities to a standard sufficient to ensure hand over of tasks and auditability of results and including the management of operational risks;
Conducting analysis in support of the Finance function, whether through additional ad hoc tasks or presentation of written materials.