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Senior Manager, Financial Reporting Oversight

2 months ago


Jersey City, New Jersey, United States SMBC Group Full time

The expected salary range for this position is between $139,000.00 and $221,000.00. The specific compensation offered will depend on the candidate's qualifications, experience, and an evaluation of the current market rates for similar positions. This role may also qualify for an annual discretionary incentive award. Alongside monetary compensation, SMBC provides a comprehensive benefits package to its employees.

Position Overview

This role is tasked with managing the expense reporting function within the SPDADFAD Controllers Group, focusing on both Personnel and Non-Personnel expenses, overseeing month-end closing activities, and facilitating Head Office reporting. The position requires collaboration and coordination with various internal departments within SMBC and its subsidiaries.

Key Responsibilities

Reporting directly to the Director of Management Reporting, the incumbent will handle payroll reconciliations and general ledger adjustments. The Director will ensure that these tasks are executed effectively while enhancing existing processes and implementing robust controls related to payroll entries and reconciliations. The Director will also manage tasks associated with expense and budget oversight, including expense classification and accrual accounting. Positions at this level require a solid understanding of essential operational processes. Daily responsibilities include administering established procedures, conducting analyses, and preparing reports in compliance with IFRS and U.S. GAAP standards. The role necessitates timely and accurate execution of duties by the incumbent.

Required Qualifications and Skills

A Bachelor's degree in accounting; an MS/MBA is advantageous. CPA certification is mandatory. A minimum of 10 years of relevant accounting experience is required. Candidates should be detail-oriented, adaptable, and capable of managing multiple tasks simultaneously. Strong analytical skills are essential. Proficiency in financial reporting and general accounting practices (US GAAP, J-GAAP, IFRS) is necessary. Familiarity with bank reconciliations and fixed asset accounting is preferred. Knowledge of accounts payable vendor maintenance is a plus. Experience with general ledger functions and month-end/year-end closing processes is required. Familiarity with Oracle Application and/or other accounting software is beneficial. Advanced skills in Excel (including VLOOKUP, Pivot Tables, etc.) are required. Experience in the financial services industry is advantageous but not mandatory.