Finance Professional for Cash Reconciliation and Operations

4 days ago


Bengaluru, Karnataka, India MUFG Full time

About Us: MUFG Bank, Ltd. is Japan's premier bank, with a global network spanning over 40 markets. We offer an extensive range of commercial and investment banking products and services to businesses, governments, and individuals worldwide.

MUFG's parent, Mitsubishi UFJ Financial Group, Inc., is one of the world's leading financial groups. With a history dating back over 360 years, we have approximately 120,000 employees worldwide and provide services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing.

We aim to be the world's most trusted financial group through close collaboration among our operating companies and flexible responses to all of our customers' financial needs, serving society, and fostering shared and sustainable growth for a better world.

About the Role:

This position will play a critical role in managing various types of cash reconciliations, ensuring ownership is identified for breaks, and reporting each break to the relevant owner and escalating issues via pre-agreed criteria and matrix.

Main Responsibilities:

  • Complete day-to-day reconciliation activities as per standards and ensure accurate and timely delivery of assigned production duties.
  • Ensure team adherence to all cut-off times and quality of processing as maintained in SLAs.
  • Respond to queries related to routine activities within the specified time frame.
  • Educate stakeholders on all feed-related issues and system issues.

Candidate Profile:

  • Demonstrate strong knowledge of reconciliation, Swifts, payments, and accounting principles.
  • Show significant ability to undertake initiatives as a self-starter.
  • Demonstrate diligence and attention to detail.
  • Be proficient in MS Excel.
  • Exhibit effective communication skills to interact with various stakeholders and address issues.
  • Have understanding of system/operational processes and willingness to learn the process.
  • Possess a Graduate Degree.
  • A minimum of 4-7 years of relevant experience is desirable.

Salary: The estimated salary for this position is between $60,000 - $90,000 per annum, depending on qualifications and experience.



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