Associate Accountant - Leasing & Asset FinanceAbout the Team:MUFG's Leasing & Asset Finance (LAF) team is not your typical equipment leasing group. We operate as a structured finance unit within MUFG's Global Corporate & Investment Bank, delivering bespoke leasing and secured debt solutions that help CFOs and Treasurers achieve strategic financial objectives. Our deals are complex, high-value, and tailored - often involving finance leases, synthetic leases, and other asset-based structures.
We bring together professionals from diverse backgrounds - corporate finance, tax, accounting, engineering - to solve sophisticated problems and deliver value-added solutions across industries.
Job Summary:This entry-level accounting position supports the operational accounting, reporting, and control functions of a portfolio of complex lease and financing transactions. The role is responsible for reviewing transaction documentation, maintaining supporting records, and processing accounting entries for both book and tax purposes.
Key responsibilities include managing transaction funding requirements, monitoring ongoing payment activity, supporting intercompany loan and cash management processes, and maintaining subsidiary ledger data.
The position prepares reports and analyses for internal management, financial statement reporting, audits, and regulatory compliance, while ensuring appropriate documentation is retained to support reporting and audit requirements. The role also performs account reconciliations, investigates variances, and provides analytical support for balance sheet and income statement accounts, contributing to the accuracy, integrity, and compliance of the Company's financial records and operational processes.
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.
- Perform reconciliations of various 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.
Skills & Experience:- Bachelor's degree in Accounting required; Business Administration with a concentration in Accounting may also be considered.
- Knowledge of accounting principles, financial reporting, and account reconciliations.
- Strong analytical and problem-solving skills with 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.
- Experience with Oracle or other accounting systems is preferred.
- Operational accounting, treasury, or cash management experience is a plus.
- Leasing, equipment finance, or financial services industry experience preferred.
Compensation and BenefitsThe typical base pay range for this role is between $95k - $110k depending on job-related knowledge, skills, experience and location with eligibility for discretionary performance-based bonus and/or incentive compensation. Additionally, our Total Rewards program provides colleagues with a competitive benefits package (in accordance with the eligibility requirements and respective terms of each) that includes 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, and paid vacation, sick days, and holidays. For more information on our Total Rewards package, please click the link below.
MUFG Benefits Summary
The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities duties and skills required of personnel so classified.
