Vendor Accounting - Analyst

Job Level: Analyst

Job Function: Business Operations

Location:

Jersey City, NJ, US, 07311

Employment Type: Full Time

Requisition ID: 6982

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 $65,000.00 and $85,000.00. 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 detail-oriented and motivated Accounts Payable Analyst to join our Vendor Accounting team within FSPDAD Accounting. This role is critical in maintaining the Accounts Payable ledger and ensuring timely and accurate payment of invoices and expense claims. You will work closely with multiple departments across the Americas Division, including Procurement, Bank Accounting, Reconciliation, Human Resources, and subsidiaries.

Responsibilities

Review, verify, and process invoices in Oracle EBS, Oracle Cloud Accounts Payable, and Coupa for SMBC and subsidiaries in compliance with company policies.
Collaborate with Procurement, Accounting, and other departments to resolve invoice or payment issues.
Set up new vendor portfolios to meet regulatory requirements.
Upload journal entries into Oracle GL.
Perform expense allocations and reclass adjustments across departments.
Participate in QA testing to enhance system performance.
Prepare reports and communicate with management regarding accounting issues.
Support audits and provide necessary documentation.
Handle administrative tasks and ad hoc projects.

Qualifications and Skills

Education: Bachelor’s degree in Accounting or Finance (required).
Experience: 2–4 years in a similar role (preferred).
Technical Skills:

Advanced proficiency in Microsoft Office (Excel, Word, Outlook, PowerPoint).
Experience with Oracle EBS and Oracle Cloud (preferred).

Knowledge:

Accounts Payable processes and basic accounting principles.
U.S. GAAP and internal controls (preferred).

Soft Skills:

Strong organizational and time management skills.
Ability to work under pressure and meet tight deadlines.
Exceptional attention to detail and accuracy.
Quick learner and team player.

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. 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.