Accounts Payable Manager, Director - Hybrid (Az)

Do you want your voice heard and your actions to count?

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 7th largest financial group in the world. Across the globe, we're 160,000 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.

This is a hybrid position. The recruiter will provide additional details.

Job Summary:

Core activities: Accounts Payable Transformation, Accounting, System Changes, Risk Control Monitoring, Account Reconciliations, Offshore oversight.

12-Month Objective: Responsibilities are to lead and transform the accounts payable function as part of the wider procurement organization.

Summary:

The key function is grow the AP organization into a timely, accurate and reliable function. Drive automated invoices Payments as well as the accurate and timely creation of vendors and the management of vendor data.

As a secondary function, this role includes supporting the preparation of the profit & loss and balance sheet accounts as well as group consolidations.

Other responsibilities may include the preparation and posting of general ledger journals, posting of accruals and prepayments, reconciliation of intercompany accounts, reconciliation of profit and loss and balance sheet accounts, managing and controlling the fixed asset register, capital expenditure controls and reporting, production of the monthly consolidation reporting pack, statutory accounts production, corporation tax computations (in conjunction with tax function) and / or cost center reporting and analysis.

This role also covers incumbents responsible for compensation accounting as well as the accounting related to VAT tax (U.K./Europe only) and transfer pricing. Incumbents at this level may manage a department, product or process with a large amount of independence. Typically referred to as technical expert and known internally and externally as reliable, knowledgeable resource. Develops and exercises business plans, policies and procedures and may also be responsible for various projects to improve efficiencies. Individual at this level has a clear understanding of the firm's different businesses and the related economics.

Management or Supervision:

• Yes

Major Responsibilities:

• Develop an in-depth understanding of the transaction/data flow for assigned applications.
• Develop testing plans that will proof the capabilities of the applications developed.
• To Facilitate accurate and timely creation of vendors and the management of vendor data.
• Provide experience and judgment to drive decision making on behalf of the team.
• Serve as primary point of contract for controls related review and update activity.
• Establish and promote a culture of compliance with official Bank standards for documenting project requirements so that objectives are achieved, risks are managed appropriately, and the organizations resources are optimized.
• Act as a reliable partner to business in assessing and addressing business needs. Drive and foster a consultative, coordinated approach to support business needs across the organization.
• To Facilitate the timely, accurate and reliable Invoices Payments
• Work with management to develop appropriate migration and implementation plans.
• Ensure development of appropriate process to establish required communication, capacity planning, risk assessment, and escalation procedures.
• Work with the business to maintain and deliver assigned reporting solutions that address business needs.
• Facilitate communication throughout the enterprise regarding assigned technology products to ensure expectations are aligned with business partners.
• Establish active leadership role in finance reporting solutions.
• Deliver solutions that will comply with Bank policies and procedures allowing for successful implementation of new systems with adequate supporting documentation.
• Promote straight through processing to enhance data quality.
• Build a solid working relationship with IT departments, HQA management and support functions and Head Office as appropriate.
• Ensure solutions are right sized and scalable to fit the needs of growing businesses.

Education, Licensure, Year of Experience (and type of work experience):

• Provide oversight, coaching and mentoring to others within the organization regarding P2P process efficiencies
• Experience in influencing cross-functional leaders in a large organization, some of whom may have different priorities and goals
• Excellent leadership, management and supervisory skills including team building, influencing, motivating, developing, and overseeing onsite and offsite staff
• Strong business acumen, ability to provide strategic vision, tactical planning, sound judgment, prudent recommendations, balance risks, solve complex issues, overcome obstacles and challenging circumstances, results oriented, negotiate win-win, and produce positive decisions and outcomes.
• Strong leadership, management, planning, organizational, analytical, and continuous improvement skills
• 5+ years management experience
• Decision making will impact policy, processes, and procedures across the company.
• 5+ years accounting experience
• 3+ years of transformation experience
• Must be able to balance budget and headcounts requirements with strategic decisions
• MBA or advanced degree in related discipline is desirable
• 10+ years technical procure to pay/accounts payable experience
• Interaction with Executive Committee members of the company
• Experience with Project and Change Management.

Qualifications:

• Experience to include systems requirement development and implementation.
• Able to understand and collaboratively solve business problems.
• Strong teamwork and collaboration skills
• Experience in leading cross-functional teams in the end-to-end execution of Project Improvement Initatives
• Independent, Self-Starter
• Specialized knowledge and experience advising business line management as to how best to leverage procure to pay processes to optimize cost and mitigate risk with overall continuous improvement
• Experience influencing others to embrace Procurement and Accounts Payable best practices
• Business/Financial Acumen
• Excellent written, verbal and presentation skills
• Strong business negotiation skills
• Demonstrated ability to articulate ideas to both technical and non-technical audiences and all levels of the user community.
• Strong analytical and financial skills
• Solid understanding of the value drivers related to sourcing, buying, accounts payable, and P2P systems.
• Proficiency in Microsoft Word, Power Point, Microsoft Project and Excel
• Skilled in change adoption, change management and resource assessment
• Finance reporting experience

The typical base pay range for this role is between $150K - $190K depending on job-related knowledge, skills, experience and location. This role may also be eligible for certain discretionary performance-based bonus and/or incentive compensation. Additionally, our Total Rewards program provides colleagues with a competitive benefits package (in accordance with the eligibility requirements and respective terms of each) that includes comprehensive health and wellness benefits, retirement plans, educational assistance and training programs, income replacement for qualified employees with disabilities, paid maternity and parental bonding leave, and paid vacation, sick days, and holidays. For more information on our Total Rewards package, please click the link below.

MUFG Benefits Summary

The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities duties and skills required of personnel so classified.

We are proud to be an Equal Opportunity/Affirmative Action Employer and committed to leveraging the diverse backgrounds, perspectives and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate on the basis of race, color, national origin, religion, gender expression, gender identity, sex, age, ancestry, marital status, protected veteran and military status, disability, medical condition, sexual orientation, genetic information, or any other status of an individual or that individual's associates or relatives that is protected under applicable federal, state, or local law.

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