Financial Reporting Vice President

$92,000 - $170,000/Yr

Sumitomo Mitsui Financial Group - Jersey City, NJ

Full-time - Senior

Remote - Jersey City, NJ

10,001+ employees

Credit Intermediation and Related Activities

About the position

The Financial Reporting Vice President at SMBC Group will play a crucial role within the Controllers department, specifically supporting the Americas Division's New York Bank Accounting Team. This position is responsible for managing financial reporting processes, ensuring compliance with accounting standards, and enhancing internal controls to mitigate financial reporting risks. The role requires strong analytical skills and the ability to communicate effectively with various stakeholders.

Responsibilities

• Prepare Monthly and Quarterly adjustments and assist with month-end and quarter-end book closing
• Maintain general ledger and chart of accounts including month end close procedures, new account opening, closing of old accounts, account mapping etc.
• Support balance sheet substantiation process in the New York Branch, working with controllers across the entities and ensuring the completeness on time, identification and resolution of any issues
• Communicate with the stakeholders for any accounting and reporting issues
• Deal with internal or external auditors' requests
• Support development and implementation of effective internal control and reporting procedures to improve operational performance and minimize the financial reporting risks
• Manage and support various projects related to general ledger and control enhancement across the controllers team
• Assist with special projects

Requirements

• 7 to 8 years of experience in Financial Accounting or Audit
• Bachelor's Degree in Accounting
• 3 to 5 years of experience in financial services sector, financial institutions or public accounting experience is preferable
• Experience with Microsoft Office applications - Excel, Word, Access and PowerPoint
• Experience with Oracle Cloud or any other GL applications
• Knowledge of US GAAP
• Excellent analytical, communication and problem-solving skills
• Ability to work effectively and independently
• Ability to manage relationships across various entities and work with various subsidiaries
• Detail oriented and well organized
• Ability to manage multiple tasks and work with shifting priorities

Benefits

• Work from home
• Competitive portfolio of benefits