Legal Entity Controllers Vice President

Sumitomo Mitsui Banking Corporation • Jersey City, NJ

49d • Hybrid

About The Position

This position will oversee the compliance of Accounting and Financial Reporting for various legal entities within SMBC AD. It includes the production of financial reports, maintenance of a system of accounting records, and a comprehensive set of controls designed to mitigate risk, enhance the accuracy of reported financial results, and ensure that reported results comply with Regulatory and Head Office requirements. The position is part of Legal Entity Controllers Group and is responsible for ensuring a sound internal control environment, timely and accurate financial and management reporting, supporting operating and financial reporting systems. Activities are performed according to prescribed US GAAP or IFRS standards.

Requirements

• 8+ years of working experience in financial industry in Accounting / Finance function;
• Knowledge of financial reporting, consolidation balance sheets and general accounting practices including U.S. GAAP and IFRS;
• Experience with creating financial statements including footnotes and coordinating audit activities;
• Experience with general ledger functions and the month-end/year close process;
• Ability to manage multiple initiatives simultaneously and plan/prioritize appropriately;
• Ability to lead and drive initiatives through creative thinking and pragmatism;
• Strong attention to detail and ability to independently work across functional groups;
• Well-developed listening skills and ability to engage at the senior management level;
• Strong influencing skills with the ability to mediate discussions and draw consensus;
• Outstanding analytical and problem solving skills;
• Proficiency with Word, Excel, PowerPoint, along with ability to quickly learn new programs and applications;
• Bachelor’s degree in accounting or finance

Nice To Haves

• Oracle Cloud GL and Alteryx knowledge a plus
• CPA or other professional qualification highly preferred.

Responsibilities

• Maintains a documented system of accounting procedures and polices working directly with SMBC Accounting Policy group;
• Oversees the preparation of timely & accurate monthly, quarterly, and annual financial results as required, for management, external auditors, regulators, and Home Office;
• Coordinates the provision of information to external auditors for the annual audit;
• Oversees accounts, ledgers, and reporting systems ensuring compliance with appropriate IFRS / US GAAP standards, regulatory requirements, and new processes within SMBC Americas Division;
• Maintains the chart of accounts to enable proper consolidation of all subsidiaries;
• Manages the production of the annual budget and forecasts;
• Supports operation function by performing / reviewing various billings, allocations and monitoring of monthly activities;
• Creates a high-performance culture focused on continuous improvement to maximize efficiency and reduce risk;
• Participates in a wide variety of special projects to ensure proper accounting treatment and accurate data.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees