About the role
Key Accountabilities and main responsibilities Strategic Focus
- Support the Group financial reporting and consolidation agenda, ensuring complete, accurate and timely reporting to senior management and relevant stakeholders.
- Provide technical accounting input on complex transactions, new reporting requirements and changes in accounting standards.
- Lead the implementation of the group reporting calendar, ownership model and quality review framework across reporting entities.
- Drive standardisation, automation and continuous improvement across consolidation, statutory reporting and close processes.
- Provide meaningful analysis and insights on Group results, balance sheet movements, cash flow and emerging risks.
- Own the monthly, half-year and year-end Group consolidation process in accordance with applicable reporting frameworks and agreed timetables.
- Actively participate and support month end close process including reviewing and approving journals and preparation of balance sheet reconciliations.
- Execution of quarterly and annual SOX controls and procedures.
- Review consolidation journals, foreign currency translation, intercompany eliminations, non-controlling interests, equity movements and other Group adjustments.
- Oversee intercompany balance confirmation and resolution, ensuring differences are investigated and eliminated on consolidation.
- Lead the preparation and review of statutory financial statements for subsidiaries and coordinate local reporting requirements.
- Manage subsidiary external audits, including planning, deliverables, issue resolution and timely closure of audit actions.
- Review complex transactions, including acquisitions, disposals, restructures, refinancing, impairments and other significant or judgemental matters.
- Prepare or review technical accounting papers, Board papers, reporting packs and accounting position papers.
- Review key balance sheet reconciliations, cash flow reporting, analytical reviews and management reporting outputs.
- Coordinate JGAAP and US GAAP reporting and ensure differences from local reporting frameworks are appropriately identified and recorded.
- Maintain consolidation systems, reporting structures and master data governance, partnering with Finance Systems to resolve issues and implement enhancements.
- Monitor delivery against the reporting timetable, escalate risks early and ensure appropriate review evidence and documentation are retained.
- Support ad hoc financial analysis, reporting and transformation initiatives for senior management.
- Lead, coach and develop the financial reporting and consolidation team, setting clear objectives, priorities and quality expectations.
- Allocate work effectively, manage capacity through peak reporting periods and maintain appropriate succession and cross-training plans.
- Review team deliverables, provide timely feedback and build strong technical accounting, systems and stakeholder-management capability.
- Promote accountability, collaboration, inclusion and continuous improvement across the broader Finance function.
- Build effective relationships across India, Australia and the UK and influence stakeholders to resolve reporting issues and meet deadlines.
- Ensure financial reporting complies with applicable accounting standards, legal and regulatory obligations, Group accounting policies and internal control requirements.
- Maintain an effective control environment over consolidation and reporting, including JSOX controls, reconciliations, review evidence and segregation of duties.
- Identify, assess and communicate financial reporting risks, control deficiencies and emerging issues, and oversee timely remediation.
- Ensure supporting documentation is complete, audit-ready and retained in line with record-management requirements.
- Uphold high standards of conduct, confidentiality and professional judgement, protecting the reputation of MUFG Pension & Market Services.
Experience & Personal Attributes Experience
- Chartered Accountant or equivalent professional accounting qualification.
- 8+ years’ progressive accounting and financial reporting experience, including significant Group consolidation and statutory reporting responsibility.
- Demonstrated experience leading a reporting or accounting team in a large, multi-entity and multi-currency organisation.
- Strong knowledge of international accounting standards and experience with JGAAP and/or US GAAP reporting is desirable.
- Proven ability to analyse and account for complex transactions and prepare high-quality technical accounting papers.
- Experience managing Group and statutory audits and building effective relationships with external auditors.
- Strong understanding of end-to-end close, consolidation, intercompany, statutory reporting, balance sheet control and cash flow processes.
- Experience designing or operating financial controls, including JSOX or SOX controls, and remediating control deficiencies.
- Advanced Excel skills and strong experience with ERP and consolidation systems; experience improving or automating reporting processes is highly regarded.
- Background in a chartered audit firm, ideally Big 4, is required.
- Strong people leadership, coaching and performance management capability.
- Highly organised, structured and able to manage competing priorities and immovable reporting deadlines.
- Excellent technical judgement, analytical capability and attention to detail.
- Clear, concise written and verbal communication, with the ability to explain complex accounting matters to non-finance audiences.
- Confident stakeholder management and influencing skills, including engagement with senior management and auditors.
- Accountable, delivery focused and proactive in identifying and resolving issues.
- Able to navigate ambiguity, make well-reasoned decisions and escalate material matters appropriately.
- Collaborative and trusted, with the ability to work effectively across functions, entities and geographies.
- Strong risk and control mindset and commitment to high-quality, audit-ready documentation.
- Committed to continuous improvement, simplification and the effective use of technology.
- Flexible to support India, Australia and UK time zones during critical reporting periods.