Vice President, Finance Technology Projects Team Lead

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profile Job Location:

London - UK

profile Monthly Salary: Not Disclosed
Posted on: 11 hours ago
Vacancies: 1 Vacancy

Job Summary

Do you want your voice heard and your actions to count

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG) one of the worlds leading financial groups. Across the globe were 150000 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 worlds most trusted financial group its 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.

This role forms part of Corporate Technology operating with the Project Office and be responsible for managing teams of on-shore and off-shore technologists servicing the long term change programme across the Finance portfolio covering accounting general ledger and financial reporting requirements across the MUFG Bank EMEA and MUS Securities International region.

NUMBER OF DIRECT REPORTS

Approx. 20 direct reports

Team leader on Finance Technology projects working across multiple projects leading both on-shore and off-shore managed service consultants.

MAIN PURPOSE OF THE ROLE

The Finance Technology Project Lead will serve as a technology delivery partner for the Finance division within MUFG Bank EMEA MUFG Securities Mitsubishi Bank Europe divisions.

This critical role involves leading strategy design and execution of major accounting and financial reporting technology initiatives ensuring successful implementation robust controls and alignment with global and local requirements (UK/Japanese regulatory mandates).

The successful candidate will navigate complex global stakeholder environments partnering with Finance Technology and several other groups across the MUFG network.

KEY RESPONSIBILITIES

1. Project Strategy and Delivery

Define plan and execute technology projects related to General Ledger (GL) Accounts Payable/Receivable Fixed Assets Financial Control Tax Financial Planning Purchasing & Procurement ESG and other regulatory reporting obligations (e.g. COREP FINREP NSFR).

Collaborate with Finance stakeholders and IT leadership to define and maintain the Accounting Technology roadmap prioritizing initiatives based on business value risk reduction and regulatory deadlines.

Apply structured project management methodologies (Agile/Scrum or Waterfall where appropriate) to ensure delivery is on time within budget and meets specified functional and non-functional requirements.

2. Stakeholder and Relationship Management

Act as the dedicated interface between the Finance Department (CFO Financial Control Tax Treasury) and the core IT delivery teams. Translate complex financial requirements into clear technical specifications.

Build and maintain effective working relationships with project team members and decision-makers underpinned with MUFG values such as innovate & simplify people focussed listen-up speak-up client centric and own & execute.

Oversee relationships and delivery quality for third-party software vendors and implementation partners utilized for Finance systems.

3. Technical Leadership and Architecture

Guide the architecture and design of new or enhanced accounting solutions ensuring scalability stability and control integrity (SOX compliance awareness).

Focus on the quality and lineage of financial data flows from trade capture systems through to the General Ledger and reporting layers. Experience with cloud-based financial platforms (e.g OCI Azure) and data analytics tools (e.g. OTBI Power BI) for finance reporting.

Work closely with Business Analysts and SMEs and perform thorough review of Business Requirements.

Produce high quality documentation such as Technical Designs understanding functional logical and physical architecture. Be comfortable with detail helping to document or review specifications operational readiness plans test strategies security questionnaires etc.

4. Risk and Compliance

Ensure all new and existing accounting technology solutions adhere strictly to internal risk frameworks operational security policies and external financial regulations (e.g. SoX Basel 3 PRA/FSCS requirements).

Maintain security and data privacy controls and embed this in key design decisions. Understand concepts such as privileged accounts password vaults encryption standards etc..

Design solutions with a risk based approach and ensuring robust financial controls are factored into new or changing IT or business landscape.

Lead technology remediation efforts identified by internal audit or compliance functions related to financial data and systems.

Required Skills and Experience

Financial Services Expertise: Minimum 8 years of experience in IT project delivery with at least 4 years focused specifically on Finance or Accounting Technology within an Investment Bank or major Financial Services institution.

Financial Operations: Have a practical understanding on how P&L and Balance Sheet are produced. The typical activities Finance perform around month-end and how the month-end close process concludes.

Accounting System Knowledge: Deep functional and technical knowledge of core accounting systems including a modern General Ledger (e.g. Oracle SAP Workday) or similar industry-specific GL platforms. Have experience with banking accounting products such as OFSAA Aptitude Financial Accounting Hub solutions.

Project Leadership: Proven track record of successfully leading and delivering complex cross-functional technical delivery on projects with significant investment budgets in a regulated environment.

Communication & Cultural Acumen: Exceptional communication and presentation skills. Demonstrated experience working effectively within a global organization specifically exhibiting strong cultural sensitivity and proficiency in engaging with senior leadership Japanese management and technical teams.

Technical Proficiency: Deep understanding of system integration patterns (Flat Files APIs MQ messaging) data warehousing & reporting concepts along with SDLC tooling.

A professional certification (e.g. PMP Prince2 or Agile Scrum Master) is highly desirable.

Desirable Qualifications

Accounting experience desirable although not essential. Conceptual understanding of IFRS 9 IFRS 17 and accounting standards (such as IFRS UK GAAP J-GAAP) also desirable.

WORK EXPERIENCE

  • Proven track record of leading technology teams into successful project delivery with an exceptional understanding of PDLC and the key stages/phases of a project along
  • Must have a good understanding of technology used in Finance and experience working with key financial functions such as management of a General Ledger Financial reporting (balance sheet P&L Income statement) revenue and expense management reconciliation and controls.
  • Have worked for a large global organisation with multiple entities multiple currencies multiple reporting calendars within a project function and understand the importance of working towards project milestones
  • Be familiar with presenting at Architectural Review Boards ensuring detailed IT solutions can be expressed in a summarised simplified way which focusses on key architecture points.
  • Possess vertical within the financial services sector and have a broad understanding of the wider finance industry and economy showing an appreciation of regulations such as BCBS239 eInvoicing Basel 3.1 etc.
  • A robust understanding of Finances accounting reporting requirements including month end reporting on trial balance tax filings balance sheet disclosures plus year-end P&L management
  • Detailed understanding of reporting and data warehouses including industry standard practices around Business Intelligence solutions for Finance
  • Experience in managing teams developing & nurturing talent
  • Strong track record of building effective partnerships with peers.

SKILLS AND EXPERIENCE

Functional / Technical Competencies:

  • Understanding of key accounting functions and how modern Technology platforms provides services to underpin those functions. How cloud and AI based solutions can be incorporated into integration tools application software databases ETL processes scheduling and orchestration
  • Expert understanding of accounting concepts and principals such as double entry accounting trial balance financial statements month-end reporting adjustments and reversals debtors/creditors profit and loss income statement depreciation methods bank statement reconciliations attestations
  • Excellent understanding of a General Ledger and how it used across a large complex enterprise including global organisation structures chart of accounts multi-GAAP environments including local GAAP and IFRS balance revaluation adjustments processing foreign currency translations and FX management translations cross validation security rules intercompany accounting and eliminations group wide consolidation etc.
  • Knowledge of core financial sub ledgers such as invoice and payments workflow approval rules payment formats and bank integration procure to pay workflow processes corporate expense credit card integration departmental allocations reconciliations and exception handling supplier and customer management etc..
  • Knowledge of Asset Management and Project Costing including WBS structures and formats task and expenditure breakdown capitalisation processes depreciation methods and NBV calculation etc.
  • Knowledge of accounting for revenue including accounting engines and Subledger accounting rules accounting structures for recognition of P&L vs Balance Sheet accounting error and exceptional handling management subledger account reporting and managing and processing subledger adjustments for financial products
  • Experience of the following platforms:
    • Oracle Fusion Financials SAP Workday or any other equivalent ERP solutions

  • Have an understanding of technical programming languages and software
    • Database languages such as SQL & PL/SQL (SQL Server / Oracle)
    • ETL solutions such as Informatica and Server technologies such as MS Windows Server
    • An understanding of XML messages using a Messaging Bus such as IBM MQ WebSphere
    • An understanding of the operating system Windows and Linux
    • Middleware tools and technologies such as BPEL & SOA based architecture
    • Scheduling software and tools such as Control-M Windows Scheduler
  • Good understanding of Project Life cycle tools such as JIRA Service Now etc.
  • Good understanding of financial products such as loans deposits corporate lending project lending and capital markets products such as derivatives OTC and fixed income.
  • Practical understanding of digital transformation strategies including leveraging cloud technologies such as SaaS / PaaS / IaaS solutions

PERSONAL REQUIREMENTS

  • Excellent communication & interpersonal skills
  • Ability to build strong and lasting relationships across the bank
  • The ability to manage large workloads and tight deadlines
  • Excellent attention to detail and accuracy
  • Ability to manage conflict effectively
  • Results driven with a strong sense of accountability focused on business outcomes
  • Strong decision making skills including prioritisation with the ability to demonstrate sound judgement
  • A structured and logical approach to work
  • A confident approach with the ability to provide clear direction to your team
  • Excellent managerial/leadership experience with demonstrable experience leading a high performing team
  • A strategic approach with the ability to lead and motivate your team
  • A creative and innovative approach to work taking into account external factors such as ESG

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.


Required Experience:

Exec

Do you want your voice heard and your actions to count Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG) one of the worlds leading financial groups. Across the globe were 150000 colleagues striving to make a difference for every client organization and community we serve. We stand...
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Key Skills

  • Forecasting
  • Financial Services
  • GAAP
  • Accounting
  • IFRS
  • Regulatory Reporting
  • Financial Analysis
  • Financial Modeling
  • Budgeting
  • Financial Report Interpretation
  • Financial Management
  • Financial Planning

About Company

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MUFG is a leading global financial group backed by 2,700 locations in over 50 countries and regions, offering comprehensive and tailored financial solutions to our clients worldwide.

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