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Job Description
Associate Accountant – Leasing & Asset Finance | MUFG
The Tone:
This is an entry-level accounting role at MUFG, a leading global financial group comprising 150,000 colleagues dedicated to serving clients, organizations, and communities worldwide. As an Associate Accountant, you will support the critical operational accounting, reporting, and control functions for a portfolio of complex lease and financing transactions. This position is vital for maintaining the accuracy, integrity, and compliance of the Company’s financial records and operational processes within MUFG’s specialized Leasing & Asset Finance team.
The TL;DR
• Role: Early Career
• Type: Full-time
• Location: Hybrid – MUFG Office
• Pay: $95000–$110000 yearly
• Team: MUFG’s Leasing & Asset Finance (LAF) team operates as a structured finance unit within MUFG’s Global Corporate & Investment Bank.
• Mission: Owns the accurate processing, recording, and reporting of complex lease and financing transactions for both book and tax purposes.
• Tech Stack: Microsoft Office Suite, Oracle (preferred)
What You’ll Actually Do
• Prepare Entries: Review transaction documentation to prepare accurate, complete, and compliant book and tax accounting entries.
• Monitor Cash: Monitor transaction funding requirements, cash flows, and ongoing payment collections, including oversight of intercompany loan activities.
• Maintain Ledgers: Maintain and reconcile subsidiary ledger data for a portfolio of complex lease and financing transactions, ensuring data integrity.
• Generate Reports: Prepare and compile information to support management reporting, financial analysis, and regulatory reporting requirements.
• Reconcile Accounts: Perform reconciliations of various balance sheet and income statement accounts, investigating discrepancies and providing analytical reviews.
The Must-Haves
• Background: Entry-level professional with a Bachelor’s degree in Accounting, or Business Administration with a concentration in Accounting, possessing knowledge of accounting principles, financial reporting, and account reconciliations.
• Experience: Proficiency in Microsoft Office Suite is required; prior experience is not explicitly stated in years, consistent with an entry-level role.
• Skills: Strong analytical and problem-solving skills with excellent attention to detail; strong organizational skills with the ability to manage multiple priorities and deadlines; effective written and verbal communication skills.
• Bonus: Experience with Oracle or other accounting systems; operational accounting, treasury, or cash management experience; leasing, equipment finance, or financial services industry experience.