Finance Analyst

MUFG Bank, Ltd.

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

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.