Senior Manager, Financial Reporting Director

 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.

The anticipated salary range for this role is between $139,000.00 and $221,000.00. The specific salary offered to an applicant will be based on their individual qualifications, experiences, and an analysis of the current compensation paid in their geography and the market for similar roles at the time of hire. The role may also be eligible for an annual discretionary incentive award. In addition to cash compensation, SMBC offers a competitive portfolio of benefits to its employees.

Role Description

We are seeking a Director position in FAD Controllers – Banking Accounting team, who will be responsible for maintaining and monitoring month end close process, review of monthly and quarterly financial results, maintenance and control of the New York Branch’s General Ledger, preparation of financial statements. 

Responsibilities

• Review monthly and quarterly New York Branch’s US GAAP and J GAAP financial statements
• Perform analytical review of the monthly and quarterly variance analysis of Balance Sheet and Income Statement 
• Prepare/review quarterly financial reporting package for management meetings.
• Maintain and monitor the day-to-day operation of the General Ledger of New York Branch 
• Work with Accounting Policy team in evaluating impact of new and complex products 
• Responsible for internal or external auditors' requests
• Develop and implement effective internal control and reporting procedures to improve operational performance and minimize the financial reporting risks
• Manage a small team of (2-3) accountants, provide guidance and mentoring.
• Assist in any ad hoc projects and requests 

Qualifications and Skills

• 8 to 12 years of experience in Financial Reporting or Audit 
• Bachelor’s Degree in Accounting 
• 3 to 5 years of experience in financial services sector, financial institutions or public accounting experience is preferrable 
• Experience with Microsoft Office applications – Excel and Word 
• Experience with Oracle Cloud or any other GL applications 
• Knowledge of US GAAP, preferably loans, derivatives (interest rate and FX SWAP etc.) accounting  
• Excellent analytical, communication and problem-solving skills 
• Ability to work effectively and independently 
• Ability to manage a small team of accountants
• Ability to manager relationship across various entities and work with various subsidiaries
• Detail oriented and well organized 
• Ability to multiple tasks and work with shifting priorities  

Additional Requirements

D&I Commitment

Responsible for fostering a culture of diversity and inclusion, holding leaders