Finance Analyst

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 150,000 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.

The Finance Department is responsible for supporting the Riyadh Branch.  Key responsibilities covered by the team are

• Prudential reporting to external regulator (Saudi Arabia Monetary Authority (SAMA)).
• Interaction with tax authorities and tax reporting in KSA.
• Tax risk assessment and advisory (in cooperation with Head of Tax EMEA) across matters such as VAT, corporation tax, WHT, PE risk, etc.
• Head Office reporting for JGAAP & USGAAP.
• Processing all invoices & expense payments.
• Managerial reporting for revenues and expenses.
• Budgets and forecasting – Mid Term Business Plan (MTBP) as well as annual budgets, as well as on-going expense management and control
• Finance related advisory to the business

Management and coordination of Finance projects in KSA

NUMBER OF DIRECT REPORTS

None (0)

MAIN PURPOSE OF THE ROLE 

To support the Head of Finance with day to day operations & Financial reporting requirements of Riyadh Branch.

KEY RESPONSIBILITIES

Essential Functions*:

• Control the expense process and fixed assets, including GL input into T24 and Excel GL.
• Process all invoices in an accurate and timely manner.
• Ensure all payments leaving the Bank have the necessary authorizations obtained.
• Work closely with Dubai Finance team in all Finance related matters and ensure timely coordination/communication/escalation with/to respective colleagues in Dubai Finance.
• Work together with other Departments/teams to apply annual expense budget, annual system related budget, and other budgets. 
• Monitor the actual amount of expenses and implement measures for proper control of expense
• Support preparation of management reporting and KPI monitoring.
• Control of accruals and prepayments
• Fully manage and own the RINGI process end to end within KSA ensuring accuracy and completeness.
• Assist with monthly closing of accounts and annual Statutory audit process.
• Prepare/support preparation of reporting to Tokyo Head Office and the relevant Regulators ( SAMA, and ZATCA) and assistance in the development of the required reporting, control framework and planning schedule.
• Assist in defining reporting requirements and procedures.
• Assist in establishing a strong control framework to ensure that all reporting requirements are undertaken on a timely and accurate basis.
• Prepare and analyse the bank’s financial data and communicate this data to FP management and compile reporting packs upon request.
• Assist in the development, implementation, drafting and monitoring of Finance policies, procedures and internal control systems.
• Deal with ad-hoc duties such as filing, processing and preparation of journals, system-testing and ad-hoc project work as required or requested by the Head of Department.
• Act as Culture carrier for the Bank in leading by example and with a ‘can-do’ attitude.

WORK EXPERIENCE

• 2-3 years’ previous experience in a similar role within a multi-national Bank in the Middle East.

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.