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.
Role DescriptionEnsure financial statements and periodic reporting are produced according to appropriate filing requirements and provide meaningful business information, such as cost accounting, budgeting, compensation, product profitability and other financial analysis. Manage and develop underlying systems to create a sound control framework, maximize data reusability and facilitate timely production. Produce jurisdiction reporting such as tax and special purpose financial statements optimizing financial outcomes.
Role Objectives: DeliveryProduce reconciliations, analysis, disclosures and summaries necessary for the production of GAAP and Non-GAAP financials, tax filings, cost accounting, budgeting and decision useful financial analysis. Maintain underlying systems, including sub-ledgers, fixed asset registers and spreadsheet analysis, and ensure data reconciles across sources. Provide recommendations for improvements in underlying data structures and systems to reduce manual interventions and improve production timelines.
Role Objectives: InterpersonalDevelop relationships with treasury, client-facings functions, industry specialists, credit staff and other units with complex transactions to ensure proper accounting and facilitate the flow of new business. Support new product development, ALM and risk management in the development of necessary reporting and disclosures. Work cooperatively with other units such as IT and legal to improve data gathering and transaction processing. Begin to work with other finance units to help develop and implement finance and corporate initiatives and improve day-to-day operations.
Role Objectives: ExpertiseDevelop an understanding of the business and associated transactions to assist with proper accounting and reporting (GAAP, tax and management). Exhibit a rudimentary knowledge of auditing theory and accounting controls to ensure proper reconciliations, avoid compliance issues and audit exceptions. Display a basic understanding of accounting principles to ensure proper reporting across a number of transaction types. Utilize an understanding of information technology to better gather and manage data. Apply basic modeling and analytical skills to create meaningful analysis and reporting. Communicate accounting principles and technical analysis effectively.
Qualifications and SkillsRecommended years of experience: 3
Additional RequirementsSMBC’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.
We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability status, protected veteran status or any other characteristic protected by law. SMBC provides reasonable accommodations for employees and applicants with disabilities consistent with applicable law. If you need a reasonable accommodation during the application process, please let us know at accommodations@smbcgroup.com.