Project Finance Associate

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 5th largest financial group in the world with total assets of over $2.4 trillion (as ranked by SNL Financial, April 2016) and 140,000 colleagues in nearly 50 countries. In the U.S., we?re 13,000 strong, working together to positively impact every customer, organization, and community we serve. We achieve this by delivering on our values, putting people first, fostering long-term relationships built on honesty and mutual understanding, and inspiring the best in each other. This is all part of our inclusive, high-performing culture supported by Total Rewards that include our cash balance pension plan. Join a team that?s working to fulfill its vision to be the world?s most trusted financial group.
Job Summary:

The Project Finance Associate is a key member of the Enterprise Project team within the Integrated Services for the Americas Division (ISA) of Union Bank. This position will be reporting directly to the VP - Project Finance Manager. In this role, you will be providing comprehensive and complex financial analyses for the bank?s enterprise project funding and will support the Enterprise?s project appropriations process.

Major Responsibilities include:

Strategic and Advisory:
Support the budget and forecast process for Bank-Wide technology projects, including associated analysis of financial results, developing financial summaries, and presentation to senior management. Provide written analysis and interpretation of results
Collaborate with project finance teams, enterprise PMs, Corporate FP&A, etc to understand and advise on project financials
Coordinate the drawdown formalities of the banks approved semi-annual project spending budgets across the bank and within the Line of Business. Improve and establish financial governance as needed for reporting and annual budgeting (capital and expense)
Reporting and Analyses
Monthly reporting and analyses of consolidated project P&Ls by division
Compilation and consolidation of financial data from project source system to enable financial comparisons and analytics between actuals, appropriations, drawdowns, etc.
Labor cost accounting and processing for monthly GL cost accounting, weekly project cost accounting and cross-entity cost accounting
Trouble-shooting and follow up Q&A
Supporting PMs and teams on project financials and variance explanations
Responsible for monthly calendar of team activities
Reconcile project source financial system to general ledger
Manage ad hoc reporting and analyses requests from the parent company and other lines of business
Technical Skills:
Develop and maintain complex excel files and/or database solutions that contain large volumes of frequently changing data
Ability to integrate and synthesize data from multiple source systems
Support special projects and analyses by constructing appropriate detailed financial analysis and high-level summaries
Education and Experience Requirements:
BS/BA in Finance, Business or Accounting, Comp Sci or something similar required
CPA, CFA or MBA desired
5 years of increasingly more complex responsibility in performing financial analysis ? project financial experience a plus
Strong attention to detail
Experience in streamlining manual processes with automated solutions
Strong understanding of Generally Accepted Accounting Principles (GAAP)
Experience with data reporting and collection tools. Financial administration back ground of major project costing tools a plus (e.g. Clarity)
Advanced Excel skills required; Access Database and Visual Basic experience a plus
Knowledge and experience with Hyperion, PeopleSoft, Power Point and Business Objects a plus
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 in employment decisions on the basis of any protected category.
A conviction is not an absolute bar to employment. Factors such as the age of the offense, evidence of rehabilitation, seriousness of violation, and job relatedness are considered in all employment decisions. Additionally, it's the bank's policy to only inquire into a candidate's criminal history after an offer has been made. Federal law prohibits banks from employing individuals who have been convicted of, or received a pretrial diversion for, certain offenses.
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.
Job: Systems / Technology
Title: Project Finance Associate
Location: CALIFORNIA-Monterey Park
Requisition ID: 10023038-WD

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