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MUFG Union Bank Technical accountant and Accounting Policy specialist in London, United Kingdom

Do you want your voice heard and your actions to count?

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 5th largest financial group in the world. Across the globe, we’re 180,000 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.

OVERVIEW OF THE DEPARTMENT/SECTION

MUFG (Mitsubishi UFJ Financial Group) is one of the world's leading financial groups. Headquartered in Tokyo and with approximately 350 years of history, MUFG is a global network with around 2,300 offices in over 50 countries including the Americas, Europe, the Middle East and Africa, Asia and Oceania, and East Asia.. The group has over 150,000 employees, offering services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing.

As one of the top financial groups globally with a vision to be the world's most trusted, we want to attract, nurture and retain the most talented individuals in the market. The size and range of MUFG's global business creates opportunities for our employees to stretch themselves and reap the rewards, whilst our common values, to behave with integrity and responsibility, and to build a culture which is fair, transparent, and honest, underpin everything that we do.We aim to be the financial partner of choice for our clients, whatever their requirements, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world.

MUFG’s shares trade on the Tokyo, Nagoya, and New York (NYSE: MTU) stock exchanges. The group’s operating companies include, but are not limited to, MUFG Bank, Mitsubishi UFJ Trust and Banking (Japan's leading trust bank), Mitsubishi UFJ Securities Holdings (one of Japan's largest securities firms), and MUFG Americas Holdings.

Please visit our website for more information - mufgemea.com.

NUMBER OF DIRECT REPORTS

MAIN PURPOSE OF THE ROLE

To be an active member of Accounting Policy Group and provide technical accounting advice across EMEA & International Business units by reference to relevant accounting standards and policies.

KEY RESPONSIBILITIES

  • Provide technical accounting advice in respect of all of the MUFG EMEA & International entities activities

  • Partner with Front Office to advise on the accounting implications of their business and actively ensuring that they are aware of all forthcoming accounting changes and their impacts

  • Advise for accounting policy application to New Products, restructuring initiatives and complex transactions

  • Issue new accounting policies under IFRS

  • Provide training to both the front and back office on accounting developments

  • Engage with external auditors on accounting policy matters

  • Set the detailed guidance to supplement HO Accounting policy for IFRS, JGAAP & USGAAP

  • Advise on accounting issues for financial reporting under IFRS, UK, US and Japanese GAAP

  • Review company's Financial Statements and disclosure notes to ensure compliance and alignment with best practice

  • Support Accounting Policy control for Special Purpose Entities assessment

  • Act as key Finance SME on MUFG-wide project

SKILLS AND EXPERIENCE

  • ACA/ACCA qualified with audit and advisory services in Big 4 (Big 6) audit firms

  • Solid knowledge of IFRS required, preferably in application to financial services companies

  • Experience in accounting for financial instruments

  • Experience of working in a IFRS, US GAAP / multi-GAAP reporting environment desirable

  • A keen interest in Financial Reporting, with experience of preparing financial disclosures

  • Excellent verbal and writing communication skills, experience in writing technical accounting papers

  • The ability to articulate complex issues clearly

  • Team player with collaborative approach in resolving issues

MANAGING CONFLICTS OF INTEREST

  • The role holder will have responsibilities for both MUFG Bank and MUFG Securities EMEA plc.

  • The role holder will be required to perform their duties and responsibilities on an entity neutral basis, without favour.

  • The role holder is required to follow regulatory requirements applicable to ensure each business is appropriately supported and to maintain the legal entity integrity of each of MUFG Bank and MUS.

  • Working terms are dictated by functional mandates, the terms of the Dual-Hat Arrangement Agreement in place between MUFG Bank and MUFG Securities EMEA plc and any other relevant agreements entered into between MUFG Bank and MUFG Securities EMEA plc.

  • The role holder will have responsibility for identifying and resolving where there may be a difference or conflict in needs between MUFG Bank and MUFG Securities EMEA plc, escalating to their manager where required.

We are open to considering flexible working requests in line with organisational requirements.

MUFG is committed to embracing diversity and building an inclusive culture where all employees are valued, respected and their opinions count. We support the principles of equality, diversity and inclusion in recruitment and employment, and oppose all forms of discrimination on the grounds of age, sex, gender, sexual orientation, disability, pregnancy and maternity, race, gender reassignment, religion or belief and marriage or civil partnership.

We make our recruitment decisions in a non-discriminatory manner in accordance with our commitment to identifying the right skills for the right role and our obligations under the law.

At MUFG, our colleagues are our greatest assets. Our Culture Principles provide a roadmap for how each of our colleagues must think and act to become more client-obsessed, inclusive and innovative. They reflect who we are, who we want to be and what we expect from one another. We are excited to see you take the next step in exploring a career with us and encourage you to spend more time reviewing them!

Our Culture Principles

  • Client Centric

  • People Focused

  • Listen Up. Speak Up.

  • Innovate & Simplify

  • Own & Execute

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