Job Description
About Us:
MUFG Bank, Ltd. is Japan’s premier bank, with a global network spanning in more than 40 markets. Outside of Japan, the bank offers an extensive scope of commercial and investment banking products and services to businesses, governments, and individuals worldwide. MUFG Bank’s parent, Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world’s leading financial groups. Headquartered in Tokyo and with over 360 years of history, the Group has about 120,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. The Group aims to be the world’s most trusted financial group through close collaboration among our operating companies and flexibly respond to all the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFG’s shares trade on the Tokyo, Nagoya, and New York stock exchanges.
MUFG Global Service Private Limited:
Established in 2020, MUFG Global Service Private Limited (MGS) is 100% subsidiary of MUFG having offices in Bengaluru and Mumbai. MGS India has been set up as a Global Capability Centre / Centre of Excellence to provide support services across various functions such as IT, KYC/ AML, Credit, Operations etc. to MUFG Bank offices globally. MGS India has plans to significantly ramp-up its growth over the next 18-24 months while servicing MUFG’s global network across Americas, EMEA and Asia Pacific.
Roles and Responsibilities:
Assist with daily General Ledger processing.
Monitor and maintain revenue/expense sharing agreements and associated journal entries.
Assist with the filing of quarterly reports (e.g. Home Office consolidation, SOX testing).
Assist with the month end closing process, including operating expense accruals, transfer pricing and compensation accruals.
Provide accounting issues analysis as needed.
Assist with expenses related to affiliate agreements, including intercompany balancing, reconciliation and invoicing.
Assist with the preparation and update of detailed procedures for Corporate Accounting closing and reporting activities.
Provide documentation to external auditors and assist in resolving all audit matters in a timely manner.
Prepare month-end reconciliations in Oracle ARCS tool for balance substantiation and assist in expanding functionality of the process and tool as needed.
Spearhead projects/process improvements across the Corporate Accounting function, including Oracle Receivables, Procurement and Projects IT project. Assist with testing and implementation.
Job Requirements:
Experience:
Qualified CA
2-5 years of progressive financial reporting experience in large, complex banking or financial institutions. Securities industry experience preferable.
Skill Set:
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.
FINRA Series 99 preferred – can be obtained after joining MUSA.
MUFG Bank, Ltd. is Japan’s premier bank, with a global network spanning in more than 40 markets. Outside of Japan, the bank offers an extensive scope of commercial and investment banking products and services to businesses, governments, and individuals worldwide. MUFG Bank’s parent, Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world’s leading financial groups. Headquartered in Tokyo and with over 360 years of history, the Group has about 120,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. The Group aims to be the world’s most trusted financial group through close collaboration among our operating companies and flexibly respond to all the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFG’s shares trade on the Tokyo, Nagoya, and New York stock exchanges.
MUFG Global Service Private Limited:
Established in 2020, MUFG Global Service Private Limited (MGS) is 100% subsidiary of MUFG having offices in Bengaluru and Mumbai. MGS India has been set up as a Global Capability Centre / Centre of Excellence to provide support services across various functions such as IT, KYC/ AML, Credit, Operations etc. to MUFG Bank offices globally. MGS India has plans to significantly ramp-up its growth over the next 18-24 months while servicing MUFG’s global network across Americas, EMEA and Asia Pacific.
Roles and Responsibilities:
Assist with daily General Ledger processing.
Monitor and maintain revenue/expense sharing agreements and associated journal entries.
Assist with the filing of quarterly reports (e.g. Home Office consolidation, SOX testing).
Assist with the month end closing process, including operating expense accruals, transfer pricing and compensation accruals.
Provide accounting issues analysis as needed.
Assist with expenses related to affiliate agreements, including intercompany balancing, reconciliation and invoicing.
Assist with the preparation and update of detailed procedures for Corporate Accounting closing and reporting activities.
Provide documentation to external auditors and assist in resolving all audit matters in a timely manner.
Prepare month-end reconciliations in Oracle ARCS tool for balance substantiation and assist in expanding functionality of the process and tool as needed.
Spearhead projects/process improvements across the Corporate Accounting function, including Oracle Receivables, Procurement and Projects IT project. Assist with testing and implementation.
Job Requirements:
Experience:
Qualified CA
2-5 years of progressive financial reporting experience in large, complex banking or financial institutions. Securities industry experience preferable.
Skill Set:
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.
FINRA Series 99 preferred – can be obtained after joining MUSA.
💡 Quick Summary
Seeking a career-building opportunity? The Senior analyst - corporate accounting [t500-1*45*] position is now open for candidates interested in the Accountant Jobs sector. This role in New Delhi offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Accountant Jobs is a plus.
