Vice President, Divisional Accounting

ITOCHU International Inc • New York, NY

1d

About The Position

The Vice President & Department Leader is a senior role responsible for providing strategic direction and leadership to a key department within the organization. This position ensures alignment of departmental goals with the overall business objectives, driving growth, operational excellence, and innovation. The role involves overseeing cross-functional teams, managing budgets, and fostering a high-performance culture that promotes collaboration and accountability. The Vice President will serve as a critical liaison between executive leadership and department staff, facilitating communication and decision-making processes. Ultimately, this role is pivotal in shaping the department’s long-term success and contributing to the company’s competitive advantage in the marketplace.

Works closely with the Trading divisions and the subsidiaries/affiliate’s financial team. Monitor and oversee the accounting activities of the Trading divisions and subsidiaries. Assist the SVP & Controller/GM in carrying out the division’s strategic goals and plans.

Requirements

• CPA
• Bachelor’s degree in Business Administration, Management, or a related field.
• Should have 20+ years of progressive leadership experience in a relevant industry.
• Experience in strategic financial planning/management, M&A, financial audits, credit risk management, change management and financial controls.
• Proven track record of managing large teams and complex projects successfully.
• Strong financial acumen with experience in budget management and forecasting.
• Excellent communication, negotiation, and interpersonal skills.

Nice To Haves

• Master’s degree in Business Administration (MBA) or a related advanced degree.
• Experience leading departments within a multinational or large-scale organization.
• Demonstrated success in driving digital transformation and innovation initiatives.
• Familiarity with industry-specific regulations and compliance requirements.
• Professional certifications in leadership, project management, or relevant technical areas.

Responsibilities

• Oversee the Trading division’s financial and management accounting and analysis process. Reviewing and approving significant accounting transactions.
• Provides on-site M&A support around Post Merger Integration of the newly acquired entity. This includes pre/post-acquisition support, opening balance sheet review and assessment, Purchase Price allocation and valuation.
• Direct and manages the Trading division’s consolidated financial close process by working with Corporate Accounting and the Financial Reporting Departments.
• Serve on the Board of Directors on selected subsidiaries. Monitor and oversee the financial risks and activities of the subsidiaries and/or affiliates. Provide guidance to the subsidiary executive management team and report to III management
• Assist the Controller in monitoring the subsidiaries and affiliates, performing financial analysis and using a risk-based approach and focusing on key metrics. Responsible for performing reviews of III’s subsidiaries’ financials including internal controls.
• Research new accounting pronouncements and analyze their impact on the Trading Division’s subsidiaries and affiliates.
• Lead and develop the Divisional Accounting team as well as assist the Controller in the implementation of the division’s strategic goals and special projects and future secondment to III’s subsidiary/affiliate.

What This Job Offers

• Job Type: Full-time
• Career Level: Executive