Manager - HR Controllers [T500-24424]

About Us:

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, visit

MUFG 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 Pacific

About the Role:

Position Title: HR Controllers

Corporate Title: Manager

Location: MGS - Bengaluru

Job 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.