What are the responsibilities and job description for the Financial Accounting and Reporting - Associate position at SMBC Group?
The anticipated salary range for this role is between $80,000.00 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.
Role Description
Support accounting operations and internal / external financial and regulatory reporting requirements in a dynamic environment within SMBC AD
Scope
This position supports the workflow and processing of all accounting areas and is responsible for preparation of internal and external financial and regulatory reports for various legal entities within SMBC AD. Activities are tactical and performed according to prescribed U.S. GAAP and IFRS standards. Complex and out of the ordinary accounting transactions are escalated to the next level of management
Job Responsibilities
- Preparation of internal and external financial and regulatory reports including audited financial statements and quarterly reporting packages
- Providing support to Accounting Managers by execution of various daily accounting tasks
- Interface with Bank's accounting department with respect to various reporting requirements and projects
- Supporting month-end and quarter-end accounting closing to ensure full reporting compliance within SMBC AD
- Preparation of transaction accounting memos on a monthly basis
- Preparation of monthly financial analytics, variance analysis and various management reporting packs
- Preparation of various month-end reconciliations
- Preparation of various tax related reports and work closely with Tax dept. to ensure internal / external tax compliance
- Accounting research as needed
- Special projects and reports as needed
Qualifications and Skills
Work Experience
Recommended years of experience : 3 to 7 years of specialized experience
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.
Salary : $80,000 - $120,000
