Entry-Level Accountant – Operational Accounting

Job Description

Associate Accountant – Leasing & Asset Finance | MUFG

The Tone:
This is a hybrid full-time role at MUFG, requiring on-site work four days per week with one day remote. MUFG is one of the world’s leading financial groups, a global organization with 150,000 colleagues dedicated to making a positive impact for every client, organization, and community they serve. The company’s culture emphasizes putting people first, listening to new and diverse ideas, and collaborating for innovation, while building long-term relationships and fostering sustainable growth. This Associate Accountant position plays a crucial role in supporting the operational accounting, reporting, and control functions for complex lease and financing transactions within the specialized Leasing & Asset Finance team.

The TL;DR
• Role: Early Career
• Type: Full-time
• Location: Hybrid
• Pay: $95000–$110000 yearly
• Team: MUFG’s Leasing & Asset Finance (LAF) team, operating as a structured finance unit within MUFG’s Global Corporate & Investment Bank.
• Mission: Owns the accuracy, integrity, and compliance of financial records and operational processes for a portfolio of complex lease and financing transactions.
• Tech Stack: Microsoft Office Suite, Oracle

What You’ll Actually Do
• Accounting Entries: Review transaction documentation and prepare supporting information for all book and tax accounting entries, ensuring accuracy, completeness, and compliance with established accounting policies and regulatory requirements.
• Cash Management: Monitor transaction funding requirements, track cash flows, and oversee ongoing payment collections, including managing intercompany loan activities and supporting broader cash management processes.
• Data Integrity: Maintain and reconcile comprehensive subsidiary ledger data for a diverse portfolio of complex lease and financing transactions, guaranteeing the integrity and accuracy of financial records.
• Reporting & Analysis: Prepare and compile essential information to support various internal management reporting, detailed financial analysis, and critical regulatory reporting requirements.
• Reconciliations: Perform thorough reconciliations of various balance sheet and income statement accounts, investigate any identified discrepancies or variances, and provide analytical reviews and explanations for significant trends.

The Must-Haves
• Background: Entry-Level. Bachelor’s degree in Accounting required; Business Administration with a concentration in Accounting may also be considered. Knowledge of accounting principles, financial reporting, and account reconciliations is essential.
• Experience: This is an entry-level position; no specific prior experience duration required beyond educational background.
• Skills: Strong analytical and problem-solving skills with excellent attention to detail, strong organizational skills and the ability to manage multiple priorities and deadlines, effective written and verbal communication skills, and proficiency in Microsoft Office Suite.
• Bonus: Experience with Oracle or other accounting systems, operational accounting, treasury, or cash management experience, and leasing, equipment finance, or financial services industry experience are all preferred.