Assistant Vice President, Accounting & Internal Control

Who we are

United by a sense of purpose towards our customers – to be a trusted partner for the long-term – and our universal banking platform in EMEA, SMBC Group has an international growth agenda and award-winning products, meaning we provide exciting opportunities to work on a diverse range of projects and initiatives. We deliver a full suite of corporate finance products and solutions to our customers as well as investment banking and advisory services, and a range of innovative solutions in global capital markets. Read on to find out how you could enhance your skills and gain valuable experience, by joining us to support our clients transition to a sustainable future.

Role Summary

Is the next step in your career at SMBC Group EMEA? We’re looking for a AVP,  Accounting & Internal Control for our Finance & Control Department to join our team. 

• Supporting in compiling and implementing the Dubai F&C Internal Controls Framework within F&C Dubai in line with F&C EMEA Internal Controls framework.
• Develop technical expertise to implement a Treasury Products & Hedge Accounting for SMBC Dubai, ME entities and SBMC BI (ADGM)
• Financial Control , accounting and Internal reporting to support SASSA (KSA) and SMBCBI (ADGM)
• Playing key role in activities like IFRS Model & Methodology Implementation, , SLA monitoring & control, Tax accounting and Automation support.
• Support in managing TPRM activities related F&C Dubai.
• Key point of contact in meeting all accounting requirements for compiling various tax and regulatory returns for all ME entities.
• High quality understanding of treasury related activities like hedge accounting, Fx management, derivatives etc.
• High quality oversight and support to the end-to-end financial accounting processes associated
• Support in various ADHOC automation initiative and coordinate with external & internal stakeholders for implementing various automation solution for Accounting & Control section within the region.
• Act as backup for other team members.

Background

• Implementing & Compiling Internal Control Framework in F&C Dubai across F&C Dubai
• Operation of Fx and Hedge Accounting processes on behalf of SMBC Dubai, ME entities and SBMC BI (ADGM)
• Playing key role in activities like IFRS Model & Methodology Implementation, SLA monitoring & control, Tax accounting and Automation support,
• Responsible for support in all accounting & reporting requirements for SASSA (KSA) and SMBC BI (ADGM), in particular:

- Executing all day to day accounting & internal reporting activities

- Producing legal entity aligned financial updates

- Ensuring GL bookings are complete, accurate and well-controlled

- Preparing HO reports for SMBC BI and SMBC branches

• The role requires a deep understanding of IFRS 9 models, financial statement audits, SLA management, and treasury products—including derivatives and hedge accounting—along with hands-on experience managing audits for SASSA (KSA) operations.
• It also involves working closely with the Director on major accounting system enhancements and projects, providing senior-level technical expertise and governance support.

Facts and Scale

• Compilation of Internal Control Framework Report periodically for F&C Dubai
• Coordinate with all F&C teams to compile and finalise Internal Control dashboard in line with EMEA process.
• Develop technical expertise to implement Fx and hedge accounting for SMBC Dubai, ME entities and SBMC BI (ADGM)
• Playing key role in activities like IFRS Model & Methodology Implementation, , SLA monitoring & control, Tax accounting and Automation support,
• The role is in the Financial Accounting and Control section of the team department, and has responsibility for accounting & reporting for SASSA (KSA) and- SMBC BI ADGM
• SLA Monitoring for making accurate provisioning & booking of SLA cost including analysing working.
• Maintenance of Relationships with business, within finance and other departments
• A good team player
• Ongoing discussions with UK regional team

Competencies

What we offer

For all the expertise and experience you bring to help us make a difference, it’s only sustainable if we support you to build your career and be your best self so we offer competitive company benefits, centred around promoting positive well-bring and work-life balance. We also believe in fostering a diverse and inclusive work environment, where all team members perspectives and contributions are valued. Initiatives in place which promote a diverse and inclusive culture and healthy work life balance include hybrid working, Sport & Social Clubs and Diversity and Inclusion networks.

As an employee of SMBC you have access to a host of both useful and exciting benefit offerings. See below some of the benefits on offer to you:

• Hybrid and flexible working 
• Competitive paid leave days
• Benefits to support your physical wellbeing, including private medical insurance and life and invalidity insurance 
• Various policies to support your mental wellbeing, including a robust behavioural health network with counselling and coaching services  
• Access a wide range of learning and development opportunities and career progression opportunities 
• Ambitious remuneration package

So, if you like a challenge and want to continuously grow and develop in a role where you will be supported along the way by a dynamic and diverse team, apply today!!