Smbc - Jersey City, NJ
posted 2 months ago
The Accounting and Finance Business Manager - Executive Director at SMBC is responsible for managing all aspects of business operations for a dedicated business unit or region. This role requires a strategic partnership with business heads and HR to effectively manage personnel transitions, including joiners, leavers, and transfers. The Business Manager will also oversee adjacent HR processes such as compensation, promotions, talent reviews, and disciplinary actions, ensuring that the department's cost base adheres to the planned budget. Continuous collaboration with internal control functions is essential to address departmental deliverables and escalations, while preparing regular briefings for senior management on various operational topics. In terms of delivery, the Business Manager will oversee the headcount of the business unit and manage the department's cost base to ensure compliance with financial plans. This includes acting as an escalation approver for travel and expense reports, invoices, and market data, while monitoring adherence to expense policies. The role also involves working closely with infrastructure partners to understand and influence allocated costs, as well as partnering with compliance, audit, risk management, HR, and business continuity teams to address ongoing operational needs. Interpersonally, the Business Manager is expected to foster strong relationships with business stakeholders by providing timely and value-added support for all operational requirements. Establishing an internal network across various support functions, including legal, HR, risk management, audit, compliance, technology, and business continuity, is crucial. Participation in industry roundtables and forums will help deepen external networks and keep the Business Manager informed about the latest industry developments. Expertise in the business and operational landscape is vital for this role. The Business Manager will provide timely guidance to stakeholders, applying subject matter expertise to assess and prioritize operational requirements, including headcount and cost management, regulatory controls, operational risk, and strategic initiatives. Clear and concise management briefings will be produced to keep business heads informed about operational progress, delivery, and risks, leveraging a broad network of internal colleagues and counterparts in other regions or business units.