What are the responsibilities and job description for the Management 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
This position is responsible for supporting the management reporting function by assisting with lease accounting, fixed asset accounting and other general ledger reconciliation and month end closing functions. Also, this position is responsible for assisting with head office reporting and interacting and coordinating with internal departments with the Bank and subsidiaries.
Responsibilities
- This position is responsible for preparation of management reports
- Roles at this level have developed an understanding of core operational processes
- Day-to-day actions are focused on administering defined procedures, analyses, and report preparation in accordance with prescribed IFRS and U.S. GAAP
- The position will require the incumbent to understand and perform duties timely and accurately
- The incumbent will review lease contracts to prepare amortization schedules and necessary balance sheet adjustments as per new lease accounting guidance ASC 842
- Responsible for providing general ledger accounting instruction for purchases and projects for different departments across the bank
- The position is responsible for fixed asset reconciliation and necessary general ledger adjustments, accrual accounting, month end closing entries, head office reports and expense variance reports
- Other ad-hoc projects as needed
Qualifications and Skills
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.
Salary : $80,000 - $120,000
