GL Center of Excellence - Vice President

Job Level: Vice President

Job Function: Business Partnering

Location:

Jersey City, NJ, US, 07311

Employment Type: Full Time

Requisition ID: 4275

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 $130,000.00 and $170,000.00. 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

SMBC is seeking a skilled and motivated individual at a VP position to work within the Controllers department at the Jersey City location. This position will support Americas Division’s Center of Excellence in implementation, management, and continuous improvement of the Americas Division Balance Sheet substation solutions.

Role Objectives: Delivery

Support Balance Sheet substantiation process in the Americas Division, by working with controllers across entities to ensure adherence to architectural design, data management, attestation controls and risk management of the company’s Balance Sheet exposure
Ensure adequate communication and proper integration across departments, systems and platforms
Coordinate and support process changes, such as: onboarding transactions, fielding change requests from process owners, etc.
Perform ongoing application maintenance, coordinate upgrades, development, testing and implementation of application enhancements with users and IT
Liaison with IT on user issues, application upgrades, system maintenance and projects as it relates to the Balance Sheet substation solutions
Provide cross functional end-user training
Handle internal and external auditors' requests

Qualifications and Skills

The ideal candidate should possess a deep understanding of financial processes, strong project management skills and expertise in maximizing the capabilities of a reconciliation solution, such as: ARCS, Intellimatch, Blackline, etc.
7 to 8 years of experience in financial accounting, system implementation, system administrator and/or audit
Strong background and skills with GL applications and reconciliation systems
Excellent analytical, communication and problem-solving skills
Ability to manage relationships across various entities and work with various subsidiaries in different time zones
Bachelor’s degree in Accounting, Finance, Business or a related field
Proficiency in Microsoft Office applications
Power BI, Alteryx, Project Management Professional (PMP)/Agile a plus
Knowledge of US GAAP

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. 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.

SMBC provides reasonable accommodations during candidacy for applicants with disabilities consistent with applicable federal, state, and local law. If you need a reasonable accommodation during the application process, please let us know at accommodations@smbcgroup.com.