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Analyst - AP Outsourcing

Analyst - AP Outsourcing

MUFG Global Service (MGS)Bengaluru, India
2 days ago
Job description

AboutUs :

MUFGBank, Ltd. is Japans premier bank, with a global network spanning in more than 40 markets. Outside of Japan, the bank offers an extensive scope of commercial and investment banking products and services to businesses, governments, and individuals worldwide.MUFGBanks parent, Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the worlds leading financial groups. Headquartered in Tokyo and with over 360 years of history, the Group hasabout120,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing.

The Group aims to be the worlds most trusted financial group through close collaboration among our operating companies and flexibly respond to all the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world.MUFGs shares trade on the Tokyo, Nagoya, and New York stock exchange.

MUFG Global Service Private Limited :

Established in 2020,MUFGGlobal Service Private Limited (MGS) is 100% subsidiary ofMUFGhaving offices in Bengaluru and Mumbai. MGS India has been set up as a Global Capability Centre / Centre of Excellence to provide support services across various functions such as IT, KYC / AML, Credit, Operations etc. toMUFGBank offices globally. MGS India has plans to significantly ramp-up its growth over the next 18-24 months while servicingMUFGs global network across Americas, EMEA and Asia Pacific

AbouttheRole :

Position Title : Analyst / Senior Analyst

Corporate Title : Analyst / Senior Analyst

Reporting to : Vice President

Location : Bengaluru

Job Profile : Purpose of Role :

  • Responsible for ensuring completion of daily obligations in accordance with Head Office Rules, Regulations and EPD policy.
  • Process supplier and expenses payment in a timely manner ensuring adherence to internal procedures.
  • Provide administrative support in the review, creation and maintenance of departmental policies and procedures ensuring accuracy and relevance.

Main Responsibilities :

  • Assist in overseeing the smooth delivery of the services of Accounts Payable and Expenses, both onshore and offshore, managing the key stakeholders in agencies where appropriate.
  • Manage payment systems in Barclays.
  • Daily monitoring of cash flow
  • Ensure clear SLAs and make sure all vendors are paid according to terms.
  • Ensure clear SLAs and make sure all staff are paid according to terms.
  • Ensure HR memos are paid on time.
  • Analyse, report and manage aged creditors, and debit balances.
  • Ensure compliance with legislation and internal controls.
  • Ensure accurate journal entries required into the GL.
  • Weekly bank reconciliation
  • Balance reconciliations for all payments being made and received.
  • Support management in resolution of routine issues / queries, ensuring escalation where necessary.
  • Manage stakeholder relationships and act on escalation.
  • Provide general support to facilitate the implementation of projects as and when necessary.
  • Support in the review, creation and maintenance of departmental policies and procedures ensuring accuracy and relevance.
  • Develop and maintain strong stakeholder management with key stakeholders within MUFG.
  • Support and resolve customer enquiries and provide excellent customer service.
  • Work in partnership with Compliance to understand relevant operational guidelines, MUFGs standard procedures and local regulations and assess the impact on the daily operations workflow.
  • Work in partnership with the wider team for information sharing and to ensure that transactions are processed accurately and in a timely manner.
  • To support developmental projects relating to the Department.
  • Candidate Profile

  • Knowledge of Oracle EBS or Financials Cloud
  • Understanding of the downstream accounting impacts of the actions taken by the AP team
  • Experience of Accounts Payable covering end to end procure to pay processes and practices.
  • Proficiency in using Microsoft Office Suite, in particular Excel, Power Point and Microsoft Word
  • Excellent accuracy and attention to detail
  • Personal Requirements :

  • Integrity and Responsibility
  • Balance Risk with Opportunity
  • Customer Focus
  • Demonstrate Global Perspective
  • Professionalism and Teamwork
  • Drive for Results
  • Collaborate and Build Partnerships
  • Communicate Effectively and Professionally
  • Challenge Ourselves to Grow
  • Influence and Inspire Others
  • Lead Change & Seek Continuous Improvement
  • Think Strategically
  • Manage and Develop Talent
  • 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.

    Equal Opportunity Employer

    The MUFG Group is committed to providing equal employment opportunities to all applicants and employees and does not discriminate on the basis of race, colour, national origin, physical appearance, religion, gender expression, gender identity, sex, age, ancestry, marital status, disability, medical condition, sexual orientation, genetic information, or any other protected status of an individual or that individual's associates or relatives, or any other classification protected by the applicable laws.

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    Analyst Ap • Bengaluru, India