Dubai, ARE
19 hours ago
Vice President, Financial and Regulatory Reporting - MENA
**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 Middle East Finance Department is responsible for supporting multiple offices across the MENA region, with the hub located in Dubai. Key responsibilities covered by the team are + Strong partnering with leadership team to shape business strategy, optimize capital efficiency, and deliver robust financial controls that support sustainable growth and shareholder value. + Oversight of managerial reporting for revenues and expenses in the absence of the Head of Finance - MENA. + Prudential reporting to external regulators (Dubai Financial Services Authority (DFSA), Qatar Financial Centre Regulatory Authority (QFCRA). + Interaction with tax authorities and tax reporting across MENA + Tax risk assessment and advisory (in cooperation with Head of Tax EMEA) for geographies where MUFG is present in MENA across matters such as VAT, corporation tax, WHT, PE risk, etc. + Head Office reporting for JGAAP & USGAAP. + Ownership of oversight of Accounts Receivable and Payable for the region in the absence of the Head of Middle East - MENA + Finance related advisory to the business + Management and coordination of assigned Finance projects in MENA + Focal point for HO and regulatory reporting in MENA **NUMBER OF DIRECT REPORTS** One (1) **MAIN PURPOSE OF THE ROLE** To support the Head of Finance – Middle East in the day to day accounting operations across the Middle East region. **KEY RESPONSIBILITIES** **Essential Functions*:** Financial and Management Reporting + Responsible for the management, and punctual completion, of all financial reporting to stakeholders of the region, including: + J GAAP and US GAAP to Tokyo Head Office + Relevant regulatory reports (DFSA, QFCRA and tax authorities (UAE, Qatar and Kuwait)). + Assist in defining the region’s response to HO JGAAP & USGAAP reporting requirements and procedures in partnership with London and Tokyo FAO. + Define IFRS Regulatory reporting requirements and procedures in partnership with London and the external auditors. + Ensure adherence to relevant regulatory requirements and accounting standards. + Identification, escalation and resolution of issues regarding the reporting process and related systems. + Act as a focal point for Internal and External reporting questions. + Responsible for analysing and interpreting the Bank’s financial data and communicating this information to key stakeholders. + Involvement in relevant ongoing projects in the region. + Identify areas for Business process Reengineering/Improvement and lead the change. Controls and Governance + Support the Head of Finance in establishing a strong control framework to ensure that all reporting requirements are undertaken on a timely and accurate basis. + Lead the development, implementation and monitoring of Finance policies, procedures and internal control systems in the Middle East Region in order to ensure that the Bank’s assets are being fully optimized and safeguarded as well as to ensure uniformity, consistency, accuracy and timeliness of all financial reporting. + Enable the Bank to share best practices throughout the Middle East Region, and to recommend such practices to key stakeholders for consideration and implementation. + Draft workflows and applicable Finance procedures to facilitate the smooth running of all processes in line with applicable guides. Maintain drive to continuously improve such procedures and guidelines. Tax + Responsible for Corporation Tax matters, incorporating both direct and indirect tax compliance and relevant reporting. + Responsible for VAT matters including customer invoicing and relevant reporting. Leadership + Provide leadership to junior Finance staff + Establish strong working and professional relationships with both internal and external counterparts within Dubai, the Middle East Region, London and Tokyo (e.g. peers, regulators, auditors, advisors, and Financial Accounting Office – (‘FAO’). + Act as Culture carrier for the Bank in leading by example, with a ‘can-do’ attitude. + Deputise in the absence of the Head of Finance. + Develop and Train personnel/staff through on-the-job training MUSE Support + Provide on the ground support associated with Finance to MUSE branch staff. **EDUCATION** + University Degree or equivalent with a Finance or Accounting major **WORK EXPERIENCE** + Previous experience of working within an Accounting or Financial role (including reporting) within a similar organization in the Region **SKILLS AND EXPERIENCE** + A good understanding of IFRS and applicable Regulatory Financial Reporting requirements (ideally DFSA, CBUAE, CBB, QFCRA, JGAAP, USGAAP) + Advanced Excel skills + Numerically competent + Accounting qualifications such as CPA, ACA, ACCA, CIMA (part-qualified/fully qualified) **PERSONAL REQUIREMENTS** Personal alignment to MUFG Values: + Integrity & Responsibility + Professionalism & Teamwork + Challenge ourselves to grow Personal alignment to MUFG Cultural Principles: + Client Centric + People Focused + Listen Up, Speak Up + Innovate & Simplify + Own & Execute Other essential requirements: + Excellent communication skills + Results driven, with a strong sense of accountability + A proactive, motivated approach. + The ability to operate with urgency and prioritise work accordingly + Strong decision-making skills, the ability to demonstrate sound judgement + A structured and logical approach to work + Strong problem-solving skills + A creative and innovative approach to work + Excellent interpersonal skills + The ability to manage large workloads and tight deadlines + Excellent attention to detail and accuracy + A calm approach, with the ability to perform well in a pressurised environment + Strong numerical skills + Excellent Microsoft Office skills 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
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