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Financial Accounting - Associate

Company: SMBC
Location: Jersey City
Posted on: September 15, 2023

Job Description:

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.
The anticipated salary range for this role is between $79,000.00 and $120,000.00. 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.
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 Rail Services LLC, Manufacturers Bank, JRI America, Inc., SMBC Leasing and Finance, Inc., Banco Sumitomo Mitsui Brasileiro S.A., and Sumitomo Mitsui Finance and Leasing Co., Ltd.
Role Description
We are seeking an associate position in BHC's FAD Controllers - Financial Accounting Control department who will be responsible to maintain and monitor the day to day accounting operations, consolidation process, maintenance and control of the BHC General Ledger and the shadow general ledgers of the BHC's subsidiaries and preparing financial statements for the BHC at year-end.
Role Objectives

  • Review day-to-day operations of the shadow General Ledgers of the BHC's subsidiaries and the BHC General Ledger

  • Prepare analytical review of the monthly and quarterly variances in the BHC's Balance Sheet and Income Statement

  • Collect the intercompany transaction templates from the BHC subsidiaries, review and investigate the breaks with BHC subsidiaries' accounting teams

  • Prepare year-end consolidated financial statements and footnotes for the BHC

  • Communicate with the subsidiaries for any accounting and reporting issues

  • Responsible for internal or external auditors' requests

  • Maintain and update internal control documentation to ensure the controls are operate effectively

  • Assist in any ad hoc projects and requests

    Qualifications and Skills

    • Bachelor's Degree in Accounting

    • 4 to 6 years of experience in financial services sector, financial institutions or public accounting experience is preferrable

    • Experience with Microsoft Office applications - Excel, Word, Access and Visio

    • Experience with Oracle Cloud or any other GL applications

    • Excellent analytical, communication and problem-solving skills

    • Ability to work effectively and independently

    • Detail oriented and well organized

    • Ability to multiple tasks and work with shifting priorities

      Additional Requirements
      SMBC'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.
      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

Keywords: SMBC, Jersey City , Financial Accounting - Associate, Accounting, Auditing , Jersey City, New Jersey

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