Accounting Specialist

Accounting Specialist Opportunity at MUFG

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

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world’s leading financial groups. Across the globe, we’re 120,000 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.

Would you like to work for one of the World's largest banks in an exciting, dynamic and international environment?

We are currently recruiting for an Accounting Specialist for our Finance Division in Amsterdam.

MUFG Bank Europe N.V. (MBE) is a fully-owned subsidiary of Mitsubishi UFJ Financial Group (MUFG), one of the largest ranked Financial Groups in the world in terms of assets. A world-class set of businesses and more than 180,000 employees in 50 markets. MUFG offers stability in an ever-changing market, providing services to high-profile clients worldwide.

For more than 50 years MBE offers corporate and investment banking services to both Japanese and non-Japanese corporate customers in The Netherlands and, through its branches. The goal is to be among the top performing foreign-owned banks operating in The Netherlands, providing value-added banking services and excellent operations, fulfilling both Japanese and Global Multinational Corporate customers' needs.

At MBE we are committed to contributing to a more sustainable future. Thus, we will encourage you to embed environmental, social & governance (ESG) factors in your everyday work and in our culture.

The MBE subsidiary based in The Netherlands is a network of branches (Germany Branch (Dusseldorf, Hamburg, Frankfurt, Munich), Spain Branch (Madrid, Barcelona), Belgium Branch (Brussels), Austria Branch (Vienna)), managed from Amsterdam.

Overall Purpose of the Job

As the Accounting Specialist, you will play an important role in the Headquarter of MBE Finance responsible on all accounting activities and processes to ensure delivery of accurate and concise financial reporting of high quality, and support the accounting team with your extensive experience in the field of Accounting and support Head of Accounting and team. MBE is one of important subsidiary within MUFG financial group, and the position will cover the responsibilities of Financial accounting of JGAAP (MUFG group reporting purpose) and IFRS (MBE local reporting purpose) across MBE offices in multiple EU countries.

Function positioning

Overall the team is responsible for the following:

• Accounting in Japanese GAAP, IFRS and US GAAP
• Reporting towards MUFG Group

The Accounting Specialist is expected to be well professionalized in accounting and lead and manage independently any challenge in accounting matters. Furthermore the Accounting Specialist manages the regular closing and makes sure reporting is on time. In addition the Accounting Specialist is contributing to effective procedures which are properly documented and has a mindset to contribute to change, limit manual efforts and further implement and make use of automated solutions.

The position is important and supporting Head of Accounting and Head of Finance with high quality of accounting professionality. The Accounting Department has a central place within MBE and MBE Finance. Hence the Accounting Specialist also works actively together with other countries (mainly Germany, United Kingdom) and other departments (Operations, HR, Statutory, Management & Regulatory Reporting) on their processes and requirements for accurate, complete and timely closing.

The function forms part of Accounting Team in Finance Division, and reporting directly into the Head of Accounting and resides in the CFO domain under the Head of Finance.

Your impact at MUFG

• High quality Accounting professionality
• Independently manage assigned tasks of JGAAP/IFRS closing and Reporting towards MUFG Group
• Responsible on financial analysis in certain topics from JGAAP/IFRS closing
• Responsible on certain accounting area such as fees bookings, tax, alignment with branches etc. for the closing of JGAAP/IFRS and Reporting towards MUFG Group
• Responsible on certain topics of MUFG and/or MBE projects/initiatives from Finance Accounting
• Resolve ad-hoc accounting topics and questions
• Maintenance of General Ledger integrity and granularity (GL accounts)
• Contribute to the maintenance of a multi-GAAP Accounting Hub
• Pro-active initiation of improvement in processes, system set-up and control and challenge the team to improve as well
• Coach junior colleagues in the team on their daily performance and development
• Advise on required granularity of General Ledger and required granular data for appropriate accounting
• Pro-actively advice Head of Accounting on required improvements in the Accounting domain
• Periodic update of process manuals, risks and controls
• Ensure SOX compliance for the area of responsibility (i.e. controls documentation)
• Manage the requests/questions from Internal and External audit and where applicable other departments

In order to be successful in the role, you will need the following:

• The function preferably requires an intellectual and working background at Master’s Degree in Finance / Business administration
• At least 3-6 years of work experience within the area of financial accounting or financial reporting, preferably in the industry of the financial sector (banking)
• Preferably experience with (multi-)GAAP environment, usage of accounting hub/ERP system and/or group consolidation
• Most important is the willingness and proactiveness to develop and deliver accounting advice and solution and support and guide team with well professionalized accounting skills and knowledge.
• Preferably skill and knowledge of data visualization techniques (such as PowerBI)
• The function requires certain excel skills (e.g. develop excel formula, create pivot table, power query) to be able to perform the detailed level of accounting work and investigation/analysis.
• Keeps knowledge and skills up-to-date by reading internal bulletins regarding divisions area and by external or internal education.
• Maintains contact with external organizations/professionals for exchange of information, developments and the sharing of best practice.
• Integrity and accuracy while being a team player
• Verbal and written communication skills in English are essential.

Personal requirements:

Integrity and Responsibility

• Balance Risk with Opportunity
• Customer Focus
• Demonstrate Global Perspective

Professionalism and Teamwork

• Drive For Results
• Collaborate and Build Partnerships
• Communicate Effectively and Professionally

Challenge Ourselves To Grow

• Influence and Inspire Others
• Lead Change & Seek Continuous Improvement
• Think Strategically
• Manage and Develop Talent

What do we have to offer:

We offer you a role in one of the largest banks of the world in a growing and international environment. You have various opportunities to develop yourself and we will support you with that by offering various training and development possibilities.

• We take into account your home situation and your ambitions and help you to balance work and private life.
• Monthly team events.
• To work in an ambitious, international environment with colleagues from different countries and cultures, who strive for the best.

Besides that we will offer you

• Gross salary based on experience and consistent with the market
• 8% holiday allowance and 13th month payment.
• 30 vacation days per year. Optional you can buy 15 additional days.
• Commuting allowance based on annual public transport 2nd class, most economical way, or €0,23 per km with a max of 75km one way.
• €5,00 net remote working compensation per day, with a maximum of €60,00 per month.
• Possibility to order a mobile phone (up to €800,-)
• Possibility to order Office Equipment’s for the home office, (up to €500,-)
• Remote Working Policy i.e. Working From Home (WFH) and Remote Working in another Country.
• Bicycle plan (fiscal benefit)
• Company fitness (fiscal benefit)
• Mental health workshops and budget for external courses (i.e. Dutch language classes).
• Employee contribution towards Pension insurance (max 5%, currently 2%), our pension scheme is based on a defined contribution scheme.
• Training & development possibilities paid by the bank

Additional information:

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.