Job Information
MUFG Senior Accounting Specialist in Amsterdam, Netherlands
Do you want your voice heard and your actions to count?
Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 7th largest financial group in the world. Across the globe, we’re 160,000 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 a Senior 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.
Your impact at MUFG
As a Senior 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 and be the back-up of the Head of Accounting. 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.
As a professional in accounting, you will lead and manage independently any challenge in accounting matters. This includes support/guide the junior members (team of 8-9 FTE, including Head of Accounting) within the team for their development. Furthermore you will manage the regular closing and make sure reporting is on time. In addition, you will contribute to effective procedures which are properly documented and have a mindset to contribute to change, limit manual efforts and further implement and make use of automated solutions.
The Accounting Department has a central place within MBE and MBE Finance. Hence you will also work 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, completely and timely closing.
Function positioning
Overall the team is responsible for the following. :
-Accounting for Japanese GAAP and IFRS
-Reporting towards MUFG Group
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.
The role includes the following:
High quality Accounting professionality and support Head of Accounting and Accounting Team on daily basis (incl. periodic team meetings)
Motivate colleagues to perform tasks, their development and engage in new activities (including sufficient back-up).
Monthly, quarterly and yearly closing of JGAAP and IFRS
Lead and manage MUFG and/or MBE projects/initiatives from Finance Accounting
Advise/deliver Accounting solution on new business or product, and implement the process
Resolve ad-hoc accounting topics and questions
Maintenance of General Ledger integrity and granularity (GL accounts)
Contribute to the implementation and 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
Analysis, execution and documentation of (complex / ad-hoc) accounting questions
Review of procedures performed by team members and approval thereof
Group reporting (JGAAP/US GAAP) in collaboration with MUFG colleagues
Monthly and quarterly explanation of developments in figures and report thereon in closing meetings
Coach 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 finance senior management 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:
Skills and experience:
Master’s Degree in Finance / Business administration.
Minimum 8 years relevant work experience, preferably with relevant post-master qualification (CPA, RA, RC).
Verbal and written communication skills in English are essential.
Preferably work experience in team leading role or senior accountant role.
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) and coding (such as Python) to acquire data.
Develop meaningful relationships across the MBE and MUFG Group to be able to properly report, leverage knowledge, realize economies of scale and improvements
Uniform, effective and efficient processes harmonized accounting across MBE
Knowledge of and insight into accounting requirements (mainly IFRS), data requirements, market standards of efficient and in-control processes.
Knowledge and experience to apply IFRS standards (or similar)
Maintains contact with external organizations/professionals for exchange of information, developments and the sharing of best practice.
Integrity and accuracy
Team player
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 € 0,21 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 :
Acquisition in response to this vacancy is not appreciated.
The role is based in the Netherlands. All candidates need to be willing to relocate to the Netherlands. Internal employees will be supported in case of relocation.
For more information regarding this position you can contact our Talent Acquisition Specialist at: recruitment@nl.mufg.jp
We are open to considering flexible working requests in line with organisational requirements.
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.
At MUFG, our colleagues are our greatest assets. Our Culture Principles provide a roadmap for how each of our colleagues must think and act to become more client-obsessed, inclusive and innovative. They reflect who we are, who we want to be and what we expect from one another. We are excited to see you take the next step in exploring a career with us and encourage you to spend more time reviewing them!
Our Culture Principles
Client Centric
People Focused
Listen Up. Speak Up.
Innovate & Simplify
Own & Execute