MUFG
Website:
mufg.jp
Job details:
About Us:
MUFG Bank, Ltd. is Japan’s premier bank, with a global network spanning in more than 40 markets. Outside of Japan, the bank offers an extensive scope of commercial and investment banking products and services to businesses, governments, and individuals worldwide. MUFG Bank’s parent, Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world’s leading financial groups. Headquartered in Tokyo and with over 360 years of history, the Group has about 120,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. The Group aims to be the 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 Private Limited:
Established in 2020, MUFG Global Service Private Limited (MGS) is 100% subsidiary of MUFG having offices in Bengaluru and Mumbai. MGS 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. MGS India has plans to significantly ramp-up its growth over the next 18-24 months while servicing MUFG’s global network across Americas, EMEA and Asia Pacific.
Job Summary:
The Senior AP Analyst is responsible for managing end-to-end account payable operations while leading and supporting the AP team. The role involves invoice processing, verifying, and reconciling invoices, ensuring timely vendor payments, and maintaining accurate financial records in compliance with company policies, accounting standards and driving process improvements.
Key Responsibilities:
Invoice Processing & Verification:
- Receive, review, and verify invoices for accuracy, proper authorization, and compliance with company policies.
- Match invoices with purchase orders and delivery notes (three-way matching).
Payments & Reconciliations:
- Prepare payment batches and process payments (cheques, bank transfers, online payments) as per agreed timelines.
- Reconcile accounts payable transactions and maintain vendor ledgers.
- Handle vendor queries and resolve payment discrepancies promptly.
Compliance & Documentation:
- Ensure compliance with statutory regulations (GST, TDS, etc.) and company policies.
- Maintain proper documentation for audits and assist in audit queries.
Reporting:
- Generate accounts payable reports, aging analysis, and payment forecasts.
- Support month-end and year-end closing activities.
Team Management and Leadership:
- Lead, monitor and supervise the AP team to ensure smooth daily operations.
- Allocate work and monitor team productivity and turnaround timelines.
- Provide guidance, training and process support to team members.
- Drive team performance, accountability and continuous improvement initiatives.
Process Improvement & Controls:
- Identify opportunities for process automation and efficiency improvements.
- Ensure proper documentation and adherence to AP Processes and controls.
Qualifications & Skills:
Education: Bachelor’s degree in Accounting, Finance, or related field.
Experience: 3–5 years in accounts payable or general accounting.
Skills:
- Strong knowledge of accounting principles and payable processes.
- Proficiency in MS Excel and any accounting software (e.g., Tally, SAP, MS Dynamics, QuickBooks).
- Attention to detail and strong numerical ability.
- Good communication and vendor relationship skills.
Key Competencies:
- Accuracy & attention to detail.
- Time management & organizational skills.
- Problem-solving abilities.
- Ability to work independently and in a team.
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