Title: Financial Reporting Analyst
Location: CALIFORNIA-SAN FRANCISCO
Headquartered in San Francisco, UnionBanCal Corporation is a financial holding company with assets of $80.6 billion at March 31, 2011. Its primary subsidiary, Union Bank, N.A., is a full-service commercial bank providing an array of financial services to individuals, small businesses, middle-market companies, and major corporations. The bank operated 401 banking offices in California, Washington, Oregon and Texas, as well as two international offices, on March 31, 2011. UnionBanCal Corporation is a wholly-owned subsidiary of The Bank of Tokyo-Mitsubishi UFJ, Ltd., which is a subsidiary of Mitsubishi UFJ Financial Group, Inc. Union Bank is a proud member of the Mitsubishi UFJ Financial Group (MUFG, NYSE:MTU), one of the world's largest financial organizations. Visitwww.unionbank.comfor more information.
Reporting to the Accounting Manager of Business Unit Controllers (BUC), the Business Reporting Analyst works with a dynamic team responsible for diverse and complex accounting within Union Bank's subsidiaries (Highmark, Investment Services, and Private Equity) and international branch. The Business Reporting Analyst is responsible for the majority of reporting required for internal and external users and assisting in projects as required.
Major Responsibilities:
50% - Responsible for the reporting suite required for subsidiary activities; understand products and complexities of reporting requirements for Regulatory (SEC, BASEL and CALL) and parent company use. This includes but not limited to financials with footnote disclosures and investment schedules. Provide accounting advice and guidance to the business line on new products or unusual transactions. Prepare all schedules as required under tight deadlines. Ensure that products are properly accounted for, troubleshooting when issues are presented, and independently make decisions for resolution.
30% - Responsible for related projects as assigned including policy related support for Business Unit Controllers.
10% - Act as liaison for Business Unit Controllers to ensure all reporting is accurate and timely, variances are explained and process is automated where applicable.Cultivate strong relationships with business unit partners including trading and audit. Review Global Capital Markets and Treasury transactions as necessary.
10% - Review daily entries and update detail supporting schedules. Ensure entries comply with accounting guidance.
Education, Licensure, Experience:
Typically requires a four-year college degree with increasingly more complex responsibility in a similar position within a financial services company. CPA (or ACCA) strongly preferred and 7 yrs financial services experience, preferable in banking required as well as direct work experience in accounting policy and best practices.
Knowledge, Skills, Abilities:
Great interpersonal skills and ability to find solutions quickly
Extensive knowledge of accounting for broker dealers, international, leases, and private equity investments
Knowledge of complex accounting rules
Strong MS Office skills; including excel
Ability to collaborate with various levels of management, from first level supervisors to senior executives
Knowledge of bank systems including Calypso, DBA, and FCS preferred
Union Bank is committed to leveraging the diverse backgrounds, perspectives, and experiences of our workforce to create opportunities for our people and our business. EOE. M/F/D/V
