Financial Reporting Analyst
Mitsubishi UFJ Financial Group, Inc.
Hong Kong3 weeks ago
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Benefits
Retirement Plan
Job Type
full time
Description
Overview
To effectively support the Financial Reporting functions, to ensure the provision of Financial Reporting services to all MUFG Group clients. This role entails providing accounting services support to pension clients with a focus on financial reporting deliverables.
Key Accountabilities and main responsibilities
Strategic Focus
- Support the Financial Reporting Team to ensure alignment with the company’s mission, strategy, and objective
- Enhance standardisation of business processes to drive operational performance
- Regular review work practices/procedures to identify opportunities to improve quality or productivity
- Implement projects which provide a value added service and a reduction in operational risk to the MUFG Group which facilitate retention of existing profitable business and profitable growth of the client portfolio
Operational Management
- Develop and implement changes to relevant policies and procedures within the Financial Reporting Team to ensure service quality standards and adherence to the latest regulatory and legislative requirements
- Ensure timely and accurate production of internal management reports and relevant external reports (statutory financial reports, lodgement of returns, information requests etc.) with minimum audit adjustments within MUFG RS HK and adherence to external reporting requirements, relevant reporting timetables, and any service level agreements
- Ensure tax compliance when performing FATCA / CRS related processes (running reports using PowerBI based on regulator’s queries, conducting follow ups on regulator queries pertaining to the reports generated etc.)
- Prepared reports and investigation of exceptions, significant movements, and business activities
- Provide accounting assistance for client’s financial transactions
- Resolve or further escalate issues, incidents, and risks raised by Financial Reporting team or System Accountant for reporting internally to senior management and externally to client (governance meeting etc.)
- Perform procedural updates for Financial Reporting processes
- Ensure collaboration with internal functions (Operations, Business Support etc.) such as providing Financial Reporting input where needed in operational enquiries, internal system enhancements, improvement initiatives (financial accounting and reporting, general ledger company, cost centre structure etc.), annual review activities etc.
- Partner with external parties (Auditors, Regulators, Government Bodies etc.) and act as Client Accounting first line of contact where needed for discussions, negotiations, resolutions etc.
- Delivery of organisational and technological change affecting the Financial Reporting team
- Implementation of new business processes to achieve beneficial improvements
- Emphasise the importance of client relationships and the critical nature of the processes across the team
People Leadership
- Enhance knowledge and skills within the Financial Reporting team
- Support with training, coaching, and sharing of best practices with the Financial Reporting Team
- Encourage an environment of openness and information sharing within the Client Accounting Team, by participating regular team meetings and communication processes
Governance & Risk
- Ensure that all operations and practices are compliant with legislative requirements and Company policies and to critically appraise internal practices to achieve best practice across the Financial Reporting Team
Experience & Personal Attributes
- 2-5 years of relevant ORSO or pension funds financial reporting experience
- Strong understanding of pension administration, legislation, laws and regulations
- Strong understanding of all accounting concepts (i.e. Accounting standards) and reporting issues, including unit pricing
- CPA qualified preferred
- Demonstrate general knowledge and understanding of business wide processes, actively working with these areas to improve processes
- Proactive with problem solving and analytical skills with organised and methodical approach to work undertaken
- Must be able to make objective assessment of findings, with recommendations on way forward if appropriate
- Demonstrate an ability to discuss day-to-day processes with clients or other internal department managers
- Continuous improvement in the efficiency of departmental process and procedures
- Ability to work with limited supervision, and under pressure
- Sound computer skills (Excel, Word, PowerPoint etc) and General Ledger knowledge (PeopleSoft preferred)
- Knowledge of aaspire or similar administration system highly regarded
This job is found at InterviewStack.io
Skills
power biexcelfinancial reportinggeneral ledgertax complianceservice level agreements
About Mitsubishi UFJ Financial Group, Inc.
Mitsubishi UFJ Financial Group is Japan's largest bank holding and financial services company. MUFG operates globally with approximately 150,800 employees, offering commercial banking, trust banking, asset management, securities, credit cards, and leasing services across more than 50 countries in Asia, the Americas, and Europe.