Vice President, Client and Cross Functional FP&A Vice President

Recruiter
MUFG
Location
London, United Kingdom
Salary
Competitive
Posted
04 Apr 2021
Closes
10 Apr 2021
Ref
10467171
Job Function
Banking
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
The Financial Planning & Analysis (FPA) department is responsible for budgeting, forecasting and decision support for the Securities and Banking Divisions of MUFG in the EMEA region. The mandate for the department is as follows:
  • FP&A's primary responsibility is to connect senior management's long term "strategic plan" to reality. The strategic plan is a top-down, senior management driven document that sets high-level targets (revenue, net income, core strategic initiatives, etc.) for the firm. Within MUFG this is articulated as 3 year mid-term-business-plans, dissected into annual budgets.
  • FP&A partners with the business to develop the operating and financial plan required to achieve management's strategic plan. To keep the plans aligned to the current reality of our clients & markets we also are responsible for development of a rolling forecast, in parallel with the traditional budget
  • As a key part of the forecasting process, FP&A conduct monitoring and variance analysis to show how the budget and/or rolling forecast compares against actual performance. This incorporates peer reviews, levying challenge and providing insight on opportunities to enhance shareholder returns.
  • FP&A utilise financial data to advise management on decisions such as how to improve performance, minimize risk or capture new opportunities from both within the company and within the external environment. This includes analysis of historical financials, variance explanations, forecast with risks and opportunities to current plan, and Key Performance Indicators (KPIs)
  • Decision support aims to provide the business and Executives with enough information to answer key questions from external stakeholders and to identify levers that can be pulled to optimize performance or meet certain goals.
  • Participate in projects including:
    • Capital allocation: How should the organization's capital be spent?
    • Market research: Determining the size of a given market, leaders, laggers and potential opportunities in which the organization may have a competitive advantage.
    • Organisational structure: providing support in Identifying potential acquisitions, integrations, internal reorganisations and divestitures.
    • Process optimization: creating systems & workflow efficiency and leveraging developments in technology (BI, AI, RPA)


MAIN PURPOSE OF THE ROLE

We have an exciting opportunity for someone to join the FP&A department within our client and cross functional data and analytics team that has recently been formed to centralise and streamline key data and reporting outputs across a combined CIB and markets team.

The successful candidate will support the team's objectives by playing a key role in:
  • The day to day production, validation and analysis of key data and outputs across our CIB and markets businesses;
  • Defining and delivering enhancements to the overall data quality and control framework;
  • Supporting FP&A business partners and senior management with adhoc analysis and preparation of MI



KEY RESPONSIBILITIES
  • Collaborate with business management, FP&A business partners and technology to develop and deliver a suite of self-service data and Management Information (MI) across the EMEA CIB and International Markets Businesses;
  • Preparation and review of core data inputs (regular management accounting adjustments, client allocations) that feed core FP&A team processes and reporting outputs;
  • Preparation of periodic and ad hoc analysis and presentation materials to support senior management decision making;
  • Delivery of core MI outputs and data loads into central self-service toolsets, ensuring that business partners and key business stakeholders have access to accurate data on a timely basis;
  • Support the development and maintenance of a data quality control framework and associated production processes for core FP&A datasets (including, but not limited to, client analytics, expenses and headcount data);
  • Actively contribute to streamlining of processes and improvement in data quality, through identification of inconsistent and duplicative tasks and data quality control gaps;
  • Support FP&A Business Partners to embed Client driven KPIs and budgets into financial and strategic business plans.


SKILLS AND EXPERIENCE
  • Relevant experience in Financial reporting or analysis roles (essential)
  • CFA, ACA or CIMA qualification (beneficial)
  • Previous experience in managing a team (beneficial)
  • Experience of working with stakeholders of all levels (essential)
  • Experience of working with Microsoft Excel (essential)
  • Experience with BI/reporting/planning tools (essential)


PERSONAL REQUIREMENTS
  • Excellent communication skills
  • Results driven, with a strong sense of accountability
  • A proactive, motivated approach.
  • The ability to operate with urgency and prioritise work accordingly
  • Strong decision making skills, the ability to demonstrate sound judgement
  • A structured and logical approach to work
  • Strong problem solving skills
  • A creative and innovative approach to work
  • Excellent interpersonal skills
  • Strong analytical/numerical skills


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.

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