Manager - HR Controllers

Bangalore, Karnataka
Permanent
Full-time

1 day ago
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About MUFG Global Service (MGS)Mitsubishi UFJ Financial Group, Inc. (MUFG), headquartered in Tokyo, is one of the world’s leading financial groups with over 360 years of history. Operating through a global network of about 2,000 locations across more than 40 markets and employing around 150,000 people, MUFG provides a comprehensive range of financial services including commercial and trust banking, securities, credit cards, consumer finance, asset management, and leasing. The Group aims to be the world’s most trusted financial group through close collaboration among our operating companies and flexibly respond to all the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFG’s shares trade on the Tokyo, Nagoya, and New York stock exchanges. MUFG Global Service is the Global Capability Centre (GCC) of MUFG supporting MUFG entities globally from Mumbai and Bengaluru locations; employing around 2000 staff. For more information, visitJob DescriptionAbout Us:Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the worlds leading financial groups. Headquartered in Tokyo and with over 360 years of history, MUFG has a global network with over 2,100 locations in more than 50 markets. The Group has over 160,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing.The Group aims to be the worlds most trusted financial group through close collaboration among our operating companies and flexibly respond to all of the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFGs shares trade on the Tokyo, Nagoya, and New York stock exchanges.MUFG Bank, Ltd. is Japans premier bank, with a global network spanning more than 50 markets. Outside of Japan, the bank offers an extensive scope of commercial and investment banking products and services to businesses, governments and individuals worldwide.In Asia, MUFG has a presence across 20 markets Australia, Bangladesh, Cambodia, China, Hong Kong, Indonesia, India, South Korea, Laos, Malaysia, Mongolia, Myanmar, New Zealand, Pakistan, Philippines, Singapore, Sri Lanka, Taiwan, Thailand and Vietnam.It has also formed strategic partnerships with some of the most prominent banks in Southeast Asia, further augmenting its unrivalled network across the region VietinBank in Vietnam, Krungsri in Thailand, Security Bank in the Philippines and Bank Danamon in Indonesia.For more information, visitMUFG Enterprise Solutions India Private Limited:Established in 2020, MUFG Enterprise Solutions India Private Limited (MES India) is 100% subsidiary of MUFG Bank Ltd having offices in Bengaluru and Mumbai. MES India has been set up as a Global Capability Centre / Centre of Excellence to provide support services across various functions such as IT, KYC/ AML, Credit, Operations etc. to MUFG Bank offices globally. MES India has plans to significantly ramp-up its growth over the next 18-24 months while servicing MUFGs global network across Americas, EMEA and Asia PacificAbout the Role:Position Title: HR ControllersCorporate Title: ManagerLocation: MGS - BengaluruJob Profile:Position details:This position will support the U.S. HR Controllers group in performing recurring accounting journal entries, reconciliation, and financial reporting activities related to compensation, benefits, and other HR-related financial processes. This role involves handling sensitive HR financial data and requires a high level of accuracy, confidentiality, analytical ability, and timeliness. This role will work closely with U.S.-based stakeholders, HR Benefits, HR Compensation, Payroll, and other Finance teams.Roles and Responsibilities:

Implement and upkeep business applications and reports with a focus on high-quality service delivery and alignments to achieve department and organization objectives
Monthly & Periodic Journal Entries

Prepare monthly journal entries during month-end close, including:

RSU Expense journal entries for MUBK, MUSA (prep only) & Intrepid (prep only).
Dividend journal entries twice per year.
Severance journal entries.
Retention bonus journal entries.
Withholdings and non-exempt accrual journal entries.
Monthly preparation of Global HR invoices & detail.
Preparation of payroll-related intercompany journal entries.
Voluntary Deferred Compensation entries.
Home equity journal entries.
Reconciliations

Prepare monthly reconciliations, including:

WIP certification for HR Controllers accounts in OVS.
Equity certification.
Pension certifications.
Other certifications related to journal entries prepared.
RFIs
RSU Activities (quarterly).
RSU equity movement (quarterly).
RSU Rollforward (semi-annual).
Pension RFIs (quarterly).
Plan Audits & Other operations
Preparation of trial balance and financial statements for: Pension plans (MUBK & BTMU's last year in 2026), 401(k). Will also assist with Health Plan trial balance/financials.RSU equity movement (quarterly).
Assist team with RSU vesting events, which include setting up Net Shares file to determine number of RSU shares to purchase for 5 vesting events that occur throughout the year.
Assist team with maintaining documentation for all process and assisting with compliance needs where necessary.
Annual year-end preparation of pension-related items, including the FMV classification for plan assets and cash flows for non-qualified pension plans.
Quarterly preparation of rollforwards for severance, RSUs, and Voluntary Deferred Compensation Plans.
Backup for tasks performed by existing Genpact resource.

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