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At Union Bank, our people are our greatest asset. We are one of the largest banks in California with a longstanding reputation for professional training and career development. In addition to investing in our employees, Union Bank has established a generous community reinvestment program that works to uplift communities and watch them grow. We invest in a diverse workforce as our employees come from many different backgrounds, bringing with them different experiences and perspectives.
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Headquartered in San Francisco, UnionBanCal Corporation is a financial holding company with assets of $88.2 billion at September 30, 2012. Its primary subsidiary, Union Bank, N.A., is a full service commercial bank providing an array of financial services to individuals, small businesses, middle-market companies, and major corporations. The bank operated 402 branches in California, Washington, Oregon, Texas, Illinois, and New York as well as two international offices, on September 30, 2012. UnionBanCal Corporation is a wholly-owned subsidiary of The Bank of Tokyo-Mitsubishi UFJ, Ltd., which is a subsidiary of Mitsubishi UFJ Financial Group, Inc. Union Bank is a proud member of the Mitsubishi UFJ Financial Group (MUFG, NYSE: MTU), one of the world's largest financial organizations. Visit
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BUSINESS UNIT ACCTG MANAGER
Reporting to the Retail Banking Controller, the Business Unit Accounting Manager has responsibility for all accounting and financial reporting matters for Consumer Lending mortgage banking operations, including rate locks, warehouse accounting, transfers of financial assets, mortgage servicing rights and associated hedging.
Supervises at least 1 -2+ employees
45% - Business Unit Liaison: Identify significant and unusual accounting and reporting issues within the business units and propose solutions to the Line of Business Controller. Keep business unit accounting and reporting processes current to meet ongoing and new requirements as mandated by Corporate Controller's. Review and approve all new products and requests for new G/L accounts and RCs prior to them being forwarded to Corporate Controller's. Keep Line of Business Controller advised of emerging risks and other issues that may have accounting and reporting consequences. Work closely with business unit risk managers and business unit finance staff to share information and identify issues. Review business requirements for new or modified systems which have accounting or financial reporting impacts.
20% - Month-End Close and Financial Reporting: Research and provide variance explanations in support of the month-end close. Coordinate the gathering of information for SEC reporting, regulatory reporting, management reporting, and tax filings. Review and certify SEC reports.
15% - Advisory: Advise business unit accounting staff on accounting and reporting matters. Interpret Union Bank Accounting Policy Manual. Keep business unit management advised of significant accounting and reporting issues.
10 to 15% Supervision of staff: Responsible for directly supervising staff, including interviewing, hiring staff and the termination of staff; recommending salary changes, job promotions; setting work hours, conducting counseling /performance reviews, and planning of the staff 's work. Responsible for ensuring staff comply with all wage and hour regulations. This includes reviewing employee timecards for accuracy and ensuring all meal and rest breaks are adhered to for all nonexempt staff (if assigned).
At least 7+ years, but generally 8 to 10 years of direct experience in accounting from a complex financial services organization or public or private accounting firm. Depending on assignment, may require previous work in a banking asset management or capital market environment. Requires the requisite accounting skills (CPA or ACCA) and the specialized knowledge for assigned business area involving the use of financial reporting, accounting policy, internal controls, systems implementations, change management, G/L close and other general accounting processes and approaches. MBA and/or CFA a plus. Excellent communication and management skills that allow for managing staff, building and maintaining client relationships with business unit managers, and executing on key initiatives.
Union Bank is committed to leveraging the diverse backgrounds, perspectives, and experiences of our workforce to create opportunities for our people and our business. EOE. M/F/D/V
Union Bank is a full-service bank with offices across the United States. We provide a wide spectrum of corporate, commercial, retail banking...