Finance Controls and Reporting-Senior Analyst

About the Role:

Position Title: Finance Controls and Reporting

Time Zone: APAC Shift (06:00 Hrs till 15:00 Hrs)

Corporate Title: Analyst or Senior Analyst, Finance Reporting

experience: 03-05 years

Location: MGS - Bengaluru

Job Profile

Roles and Responsibilities:

• We are seeking a motivated individual to join the financial reporting team to support and contribute to the management and reporting of the Banks balance sheet and Profit and Loss accounts, including Treasury Finance reporting. This includes completion of financial statements ensuring to be at its most accurate, complete and timely. The ideal candidate will have a strong background in financial reporting and governance frameworks.

The job responsibilities include:

Key Responsibilities:

Financial Control & Record-to-Report (R2R)

Skills & Expertise:

This version aligns well with Financial Control / Record-to-Report roles while clearly highlighting Accounts Payable oversight, Product Control exposure, regulatory reporting, and fixed asset accounting responsibilities.

• Manage end-to-end Record-to-Report processes, ensuring the accuracy, completeness, and integrity of financial information in compliance with accounting standards, regulatory requirements, and internal control frameworks.
• Prepare and review monthly, quarterly, and year-end closing activities, including journal entries, ledger adjustments, accruals, balance sheet reconciliations, and financial analysis.
• Perform detailed General Ledger reviews to ensure transactions are accurately recorded within the appropriate accounting period and are supported by adequate documentation.
• Prepare suspense account reconciliations and collaborate with account owners to validate transactions, resolve outstanding items, and ensure timely clearance of aged balances.
• Conduct monthly balance sheet substantiation and control reviews, including nostro account reconciliations and monitoring of financial risks.
• Prepare and support the submission of financial accounting reports to internal and external stakeholders, ensuring delivery within established reporting timelines.
• Coordinate and prepare quarterly and semi-annual financial reporting under Japanese GAAP and US GAAP, ensuring completeness, accuracy, and compliance with regulatory requirements.
• Support responses to internal auditors, external auditors, regulators, and Head Office queries related to financial reporting and accounting treatments.
• Prepare and submit Half-Yearly Variable Interest Entity (VIE) reporting and other statutory or regulatory disclosures as required.
• Produce and review daily Profit & Loss (P&L) reports for Global Markets businesses, ensuring accurate representation of business performance.
• Perform daily reconciliations between Front Office and Back Office systems, investigating and resolving discrepancies in a timely manner.
• Liaise with various stakeholders across Finance, Operations, Technology, and Business units to identify root causes of reconciliation breaks and implement corrective actions to strengthen controls.
• Maintain and oversee the Banks Fixed Assets and Leased Assets Registers, ensuring compliance with accounting policies and reporting requirements.
• Review business cases and applications for system development and capital expenditure projects, advising stakeholders on capitalization versus expense treatment.
• Monitor fixed asset accounting, asset coding, depreciation schedules, and capital expenditure tracking within Oracle and other financial systems.
• Prepare and submit all related Head Office reporting for fixed assets and lease accounting activities.
• Oversee key Accounts Payable processes including accruals, invoice validation, withholding tax calculations, markup allocations, and payment support activities.
• Monitor project-related expenditures against approved budgets and provide financial oversight to ensure appropriate cost recognition and control.
• Prepare intercompany invoices for services provided across APAC entities, including projects executed on behalf of regional offices.
• Coordinate with internal and external stakeholders to track invoicing status, follow up on payments, and ensure timely cash remittances and settlements.
• Prepare pension-related accounting entries, reconciliations, and reporting in accordance with applicable accounting standards and internal policies.
• Support treasury-related accounting controls, including nostro account monitoring and associated balance sheet reviews.
• Partner with Finance, Operations, Technology, Tax, and Business stakeholders to resolve accounting issues and improve financial processes and controls.
• Contribute to process improvement initiatives, automation projects, system enhancements, and control framework strengthening activities.
• Participate in ad hoc finance transformation projects, regulatory initiatives, and management reporting assignments as required.
• Strong understanding of Record-to-Report (R2R), Financial Control, General Ledger Accounting, Reconciliations, Posting Entries, Financial Reporting, and Accounts Payable processes.
• Knowledge of Japanese GAAP, US GAAP, Fixed Assets Accounting, Intercompany Accounting, and Regulatory Reporting.
• Experience with ERP platforms such as Oracle, financial reporting tools, and reconciliation systems.
• Ability to analyze complex financial data, investigate issues, and communicate effectively with stakeholders across business functions.

Job Requirements:

Skills and Experience:

• Good working knowledge of Microsoft Office (Proficient with Excel/VBA, Word and Access)
• Good exposure to accounting software packages.
• Good written and verbal skills
• Excellent communication skills
• Results driven, with a strong sense of accountability
• A proactive, motivated approach.
• The ability to operate with urgency and prioritize work accordingly
• Strong decision making skills, the ability to demonstrate sound judgement
• A structured and logical approach to work
• Strong problem solving skills
• A creative and innovative approach to work
• Excellent attention to detail and accuracy
• A calm approach, with the ability to perform well in a pressurized environment

Qualifications:

• Experience of working in financial closing and reporting teams or a big 4 accounting firm practice, preferably with a controls and governance focus.
• Bachelors / Masters degree and relevant accounting qualifications.

Performance and Duties:

qual Opportunity Employer:

The MUFG Group is committed to providing equal employment opportunities to all applicants and employees and does not discriminate on the basis of race, colour, national origin, physical appearance, religion, gender expression, gender identity, sex, age, ancestry, marital status, disability, medical condition, sexual orientation, genetic information, or any other protected status of an individual or that individual's associates or relatives, or any other classification protected by the applicable laws.

• The role holder will be assessed in accordance with their employing entitys performance framework and process with relevant input obtained from the dual hatting entity as relevant.
• As duties and responsibilities change, the job description will be reviewed and emended in consultation with the role holder. The role holder will carry out other duties as are within the scope, spirit and purpose of the role as requested by their line manager or Department Head.
• Managing conflicts of interest/dual hat status (If Applicable) - The role holder will have responsibilities for MUFG Securities APAC. Additionally, the candidate may be required to manage Finance Function for the rest of APAC region.
• The role holder will be required to perform their duties and responsibilities on an entity neutral basis, without favor.
• 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 MUFG Securities.