MUFG India | Vice President- FP&A

Roles and responsibilities

• We are looking for an FPA professional to lead and contribute to the management for Americas Banking and Markets business with management reporting, budgeting, and forecasting along with driving process excellence
• Managing Preparation, review and presentation of flash, monthly financial summary and monthly business reviews for senior management.
• Leading annual operating plan and multi-year strategic plan in alignment with the strategy of the business.
• Support budget and forecasting processes including creating management presentation materials.
• Preparing regular MI for the Banking & Global Markets Americas businesses across all entities.
• Provide additional support for executive reporting including board meetings and other governance forums.
• Assist in managing business line hierarchies and reporting views.
• Work in support of Americas Banking & Global Markets CFO and business heads as we provide analytical support to drive business and organizational initiatives.
• Close collaboration with Business, delivering detailed financial analysis and insights for strategic decision making, optimized resource allocation, and driving business performance improvements.
• Implementing forecast framework that integrated advanced deal pipeline analytics and historical data trends, resulting in improved revenue forecasting.
• Leading the corporate planning and Outlook process by establishing business targets, market volume projections, interest rate forecasts, and other macroeconomic assumptions, ensuring alignment with corporate objectives and business unit strategies.
• Drive the efficiency agenda for bank and securities businesses by reducing the overlapping processes.

Requirements

• Working Excel knowledge (lookups, sum ifs, pivots, arrays, etc.).
• Core understanding of markets businesses, corporate finance concepts, and general accounting knowledge.
• Knowledge of Hyperion Essbase & Anaplan is a plus but not required.
• Industry Expertise: A deep understanding of the banking landscape, including regulatory requirements and products like Loans, guarantees, Trade Finance, cash equities or derivatives.
• Financial Acumen: Strong background in accounting principles, budgeting, and financial reporting systems like SAP or Microsoft Dynamics.
• Project Management and driving efficiency: Proficiency in transition methodologies and managing cross-functional teams across different time zones.
• Good working knowledge of Microsoft Office (Proficient with Excel/VBA, Word and Access).
• The ability to operate with urgency and prioritize work accordingly.
• Strong decision-making skills, the ability to demonstrate sound judgement.
• Excellent attention to detail and accuracy.
• A calm approach, with the ability to perform well in a pressurized environment.
• Experience of 12-15 years working in Financial Planning & Analysis teams in Bank/ Bank captive or a big 4 accounting firm practice.
• Strong MI reporting skillset.
• Master’s Degree, preferably in Finance or Accounting

MUFG (Mitsubishi UFJ Financial Group)

Headquartered in Marunouchi, Tokyo, Mitsubishi UFJ Financial Group (MUFG) is the holding company of a Japanese banking and financial services group. It was established in 2001 and is listed in Tokyo, Nagoya and New York. Its main subsidiaries include MUFG Bank, Mitsubishi UFJ Trust and Banking and Mitsubishi UFJ Securities Holdings, along with Bank of Ayudhya (Krungsri) and Bank Danamon. MUFG opened its first Indian branch in Mumbai in 1953. MUFG Bank now has branches in Mumbai, New Delhi, Chennai, Bengaluru and Neemrana, plus a GIFT City branch opened in 2022, and since 2020 a wholly owned subsidiary, MUFG Global Service, has handled technology, operations, credit and KYC work from Bengaluru and Mumbai.

MUFG's finance-related roles in India cover internal audit (financial crime, finance and treasury reporting, risk, legal and IT), FP&A and finance process work, project, fund and leveraged finance, credit analysis, market, liquidity and counterparty credit risk modelling, KYC and compliance testing. They are based in Bengaluru, Chennai, Mumbai, New Delhi and GIFT City in Gandhinagar. Postings generally ask for a bachelor's degree in accounting, finance or business, and many name a Chartered Accountant, an MBA in Finance or a CFA as preferred; some audit roles also mention CIA or CAMS.

• Industry: Banking and financial services: corporate and investment banking, trust banking, securities and global markets
• Headquarters: Tokyo, Japan (Mitsubishi UFJ Financial Group, Inc.)
• In India: MUFG Bank, Ltd. branches in Mumbai, New Delhi, Chennai, Bengaluru, Neemrana and GIFT City (Gandhinagar); MUFG Global Service, a wholly owned subsidiary in Bengaluru and Mumbai