General Ledger Operations, Assistant Vice President

Are you passionate about creating an exceptional client experience?
Discover your opportunity with Union Bank, a division of the Mitsubishi UFJ Financial Group (MUFG), the 5th largest financial group in the world. At Union Bank, we care about the details that matter most to our clients. We have our clients’ best interest in mind, drawing on more than 150 years of experience to understand their distinct needs and tailor our solutions. We’re part of 180,000 colleagues around the globe striving to be the world’s most trusted financial group. Trust starts with a culture of putting people first and empowering you to achieve your potential. Join Union Bank, where being inspired is expected and creating results is rewarded.
Some MUFG roles require that individuals be fully vaccinated against COVID-19, subject to medical and/or religious exemptions, if applicable. Should you be selected for an interview, your recruiter will provide additional information.

Job Summary:

The AVP will join a growing team in the Phoenix area and will report to the Director of General Ledger Operations, within the Banking Operations Support division.

Tailored to rising professionals, MUFG focuses on dynamic teams and a continuously improving environment. Many opportunities are available to develop practical skills, access training to remain apprised of current industry standards / knowledge / trends, and connect with colleagues in other departments. You will be focused primarily on accounting and reporting processes, but will also be responsible for communicating across the controllership team as an advisor for credit card products (including new product features and services implementation).

You will be expected to develop into a subject matter expert on accounting for credit cards by participating in training sessions, departmental meetings, and by demonstrating initiative to improve processes. You will be expected to take ownership of the rebate calculation process and activities that support it. You will develop partnerships with systems and Business Unit Controller teams and build relationships with mentors and other colleagues within the bank. Internal business line partners regard Analysts as vital resources for decision-making and conveying process-level knowledge of assigned accounting processes. In time, analysts will enjoy opportunities to explore other roles and build a broad knowledge of many different products and businesses. This role requires previous experience and proficiency in excel as you may be required to devise and implement formulas and pivot table to support your analysis. This role requires a strong risk and control mindset as this role has a potential for client impact as well as risk to the bank.

Major Responsibilities:

Month-End / Quarter-End Close and Financial Reporting

• Conduct research, provide explanations, and prepare roll-forward analyses for the commercial credit card portfolio activity
• Coordinate information requests including conducting and leading meetings with business partners
• Generate insightful information for internal and external partners (which include auditors and regulators)
• Perform control reviews

Business Advisory Projects:

• Advise business units and controllers staff on accounting and reporting matters
• Partner with servicing, controller, and system vendor teams in order to maintain and enhance the commercial credit card’s general ledger functionality
• Lead Settlement team’s involvement in commercial credit card projects (e.g., systems upgrades, new reporting requirements, etc.) to ensure accurate accounting and reporting
• Develop process enhancement recommendations, and updates to policies and procedures
• Build and maintain strong partnerships across the commercial credit card business

QualificationsQualifications:

• Education: Accounting degree (BA, BS, and/or Masters)
  • CPAs (or CPA-eligible) preferred, but not required
• Experience: 0 to 4 years, which may include accounting and/or financial services internships or prior full-time work experience
  • General ledger experience
  • Month-end / quarter-end close
  • Journal entry preparation in PeopleSoft a plus.
  • Financial and regulatory reporting
  • Internal control frameworks
• Bring a positive, collaborative attitude, in order to:
  • Build cross-functional partnerships
  • Communicate effectively (both verbally and written) with various levels of management
  • Contribute constructively to the development of the group’s culture
  • Improve processes by applying practical judgment
  • Create solutions when requirements are ambiguous or change
• Work independently, with strong attention to detail, in order to:
  • Prepare various monthly, quarterly, and annual deliverables
  • Demonstrate an ownership mentality by being responsible and accountable for the quality and timeliness of assigned tasks
• Prior experience using Microsoft Office products including Excel, Access, Word, and PowerPoint

The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities duties and skills required of personnel so classified.

We are proud to be an Equal Opportunity / Affirmative Action Employer and committed to leveraging the diverse backgrounds, perspectives, and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate in employment decisions on the basis of any protected category.

A conviction is not an absolute bar to employment. Factors such as the age of the offense, evidence of rehabilitation, seriousness of violation, and job relatedness are considered in all employment decisions. Additionally, it's the bank's policy to only inquire into a candidate's criminal history after an offer has been made. Federal law prohibits banks from employing individuals who have been convicted of, or received a pretrial diversion for, certain offenses.