Vice President, Financial and Regulatory Reporting MENA

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The 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

• 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.

• Managerial reporting for revenues and expenses.

• Finance related advisory to the business

• Management and coordination of 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*:

• Establish strong working & professional relationships with both internal and external counterparts within Dubai the Middle East Region London and Tokyo (e.g. regulators auditors advisors and Financial Accounting Office - FAO).

• Define IFRS Regulatory reporting requirements and procedures in partnership with London and Deloittes.

• Manage all the financial reporting to Tokyo Head Office and the relevant Regulators (DFSA QFCRA and tax authorities (UAE Qatar and Kuwait).

• Assist in defining HO JGAAP & USGAAP reporting requirements & procedures in partnership with London and FAO.

• Assist in establishing a strong control framework to ensure that all reporting requirements are undertaken on a timely and accurate basis.

• Be responsible for analysing and interpreting the Banks financial data and communicating this information to key stakeholders.

• Assist in the development implementation and monitoring of Finance policies procedures and internal control systems in the Middle East Region in order to ensure that the Banks 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.

• To assist and participate in the development of the Banks reporting.

• Assist in drafting workflows and applicable Finance procedures to ensure the smooth running of all developments and guidelines with a drive to continuously improve such procedures and guidelines.

• Act as Culture carrier for the Bank in leading by example and with a can-do attitude.

• Deputise in the absence of the Head of Financial Planning.

• Involvement in ongoing projects in the region

• Act as a focal point for Internal and External reporting questions

• Take the lead in VAT matters including customer Invoicing and Reporting

• Develop and Train personnel/staff through on the Job training

• Identify areas for Business process Reengineering/Improvement and lead the change

• Take the lead in CT matters including Reporting

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)

• Fully certified and a member of either ACCA or CIMA

• Based in the GCC

• Minimum10 years experience on financial/regulatory reporting

• Experience with JGAAP and USGAAP

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.