Senior Financial Reporting Specialist II

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SMBC Group is a top-tier global financial group. Headquartered in Tokyo and with a 400-year history, SMBC Group offers a diverse range of financial services, including banking, leasing, securities, credit cards, and consumer finance. The Group has more than 130 offices and 80,000 employees worldwide in nearly 40 countries. Sumitomo Mitsui Financial Group, Inc. (SMFG) is the holding company of SMBC Group, which is one of the three largest banking groups in Japan. SMFG's shares trade on the Tokyo, Nagoya, and New York (NYSE: SMFG) stock exchanges.

In the Americas, SMBC Group has a presence in the US, Canada, Mexico, Brazil, Chile, Colombia, and Peru. Backed by the capital strength of SMBC Group and the value of its relationships in Asia, the Group offers a range of commercial and investment banking services to its corporate, institutional, and municipal clients. It connects a diverse client base to local markets and the organization's extensive global network. The Group's operating companies in the Americas include Sumitomo Mitsui Banking Corp. (SMBC), SMBC Nikko Securities America, Inc., SMBC Capital Markets, Inc., SMBC MANUBANK, JRI America, Inc., SMBC Leasing and Finance, Inc., Banco Sumitomo Mitsui Brasileiro S.A., and Sumitomo Mitsui Finance and Leasing Co., Ltd.

The anticipated salary range for this role is between $92,000.00 and $170,000.00. The specific salary offered to an applicant will be based on their individual qualifications, experiences, and an analysis of the current compensation paid in their geography and the market for similar roles at the time of hire. The role may also be eligible for an annual discretionary incentive award. In addition to cash compensation, SMBC offers a competitive portfolio of benefits to its employees.

Role Description

Under the direction of the Head of Accounting, the candidate will provide accounting support to financial accounting areas including account analysis and reconciliation, managerial and financial reporting.

Responsibilities

• Primary responsible for performing the day- to-day general ledger accounting operations. Manage month-end, quarter-end and year-end general ledger close. Coordinate, analyze and resolve various issues and daily reconciliations.
• Data Integrity - Ensure completeness and accuracy of legal entity books; perform and review trial balance validations. Identify and recommend procedural improvements.
• Reporting - Prepare monthly management reports and accompanying schedules, and narratives, including budget vs. actual expense variance reports.
• Audits - Conduct annual external audit. Prepare financial statements, footnotes and analytics. Liaison with external audits and remediate issues encountered.
• Projects - Assist in the design and implementation of Oracle GL. Test new products and system changes; ensure new products are compliant with USGAAP. Other various accounting projects as needed.
• Internal Controls - Ensure consistent effectiveness of COSO 2013 and Data Governance Controls. Working closely with COSO team, document policies & procedures, and workflow for assigned areas of responsibility.

Experience and Knowledge Requirements

• 10+ years of accounting experience combination of public and financial services industry; product knowledge on derivatives
• Project experience in systems enhancement (ie implementing a General Leger or other major financial systems.
• Experience in the preparation and analysis of financial and managerial reports.
• Experience in accounting processes, procedure and internal controls
• Experience in applying USGAAP accounting rules that are reflective of the financial services industry with a primary focus on derivatives.
• Experience in budgeting, and cost control principles.
• Knowledge of Oracle General Ledger System a plus
• Experience with data mining and business intelligence in a data warehouse environment

Qualifications and Skills

• Bachelor degree in Accounting required
• CPA required
• Proficiency in Microsoft applications including Word and Excel. The candidate should have an advanced knowledge of excel formulas and some knowledge of macros in order to facilitate working in the spreadsheet.
• Good organizational and communication skills.
• High level of attention to detail and quality assurance.
• Must be a motivated, self-starter who can independently handle tasks with little oversight.
• Ability to work independently and as a team member with excellent interpersonal skills.
• Good time management skills. Must be able to work well under pressure and manage multiple projects at a time in a fast-paced professional office environment.

SMBC's employees participate in a Hybrid workforce model that provides employees with an opportunity to work from home, as well as, from an SMBC office. SMBC requires that employees live within a reasonable commuting distance of their office location. Prospective candidates will learn more about their specific hybrid work schedule during their interview process. Hybrid work may not be permitted for certain roles, including, for example, certain FINRA-registered roles for which in-office attendance for the entire workweek is required.

SMBC provides reasonable accommodations during candidacy for applicants with disabilities consistent with applicable federal, state, and local law. If you need a reasonable accommodation during the application process, please let us know at [email protected].