Business Unit Controller (BUC) Complex Products AVP

MUFG Bank, Ltd.$102K — $125K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's or Master's degree required; CPA designation preferred.
  • 3+ years of financial reporting experience in complex banking environments.
  • Experience with general ledger management and month-end close processes.
  • Knowledge of internal control frameworks and compliance requirements.
  • Strong understanding of technical accounting and banking products, including derivatives.

Responsibilities

  • Ensure accuracy of accounting records in accordance with JGAAP and USGAAP.
  • Prepare general ledger entries and respond to regulatory inquiries.
  • Collaborate with finance teams to evaluate accounting issues and support strategic decisions.
  • Engage with Head Office in Japan on accounting standards and practices.
  • Manage audit processes by providing documentation and resolving findings timely.
  • Conduct reconciliations for assigned general ledger accounts.
  • Assist in developing financial controls to mitigate risks and improve efficiency.

Benefits

  • Comprehensive health and wellness benefits.
  • Retirement plans and educational assistance.
  • Income replacement for qualified disability.
  • Paid maternity and parental bonding leave.
  • Generous paid vacation, sick days, and holidays.
Full Job Description
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.

Qualifications:

  • 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.

The typical base pay range for this role is between $102K - $125K depending on job-related knowledge, skills, experience, and location. This role may also be eligible for certain discretionary performance-based bonuses 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.

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.

About MUFG Bank, Ltd.

MUFG Bank, Ltd. Careers

There has never been a better time to join the global team at MUFG Bank, Ltd., a premier institution recognized for its leadership in the financial sector. MUFG Bank, Ltd. offers a plethora of job opportunities that cater to a variety of skills and interests, all while fostering professional growth and innovation.

Work You’ll Do

Join MUFG Bank, Ltd.'s distinguished team to assist some of the most sophisticated clients in navigating their financial landscapes. At MUFG Bank, Ltd., team members lead from a unique position in the marketplace, at the crossroads of financial expertise, industry knowledge, and digital innovation. Engage with a global team of business and financial advisors to help clients master their economic strategies and challenges. Collaborate with the largest group of finance professionals in the industry – a network that spans across continents offering unmatched opportunities for networking and professional development.

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