Financial Reporting & Control Vice President
London, LND, GB, EC2M 2AT
SMBC: A trusted partner for the long term
Here at SMBC Group, we want to help you find the next step in your career so read on to discover if this opportunity is the one for you. We like to recognise potential in our people, so we welcome your application even when your experience doesn’t perfectly align with the job description. Whilst we’ll always strive to be better, we’re proud of our inclusive culture, and encourage our applicants and colleagues to be their authentic, unique selves.
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
This role will work across the UK legal entity control teams with responsibility for prioritising and delivery of 'run the bank' change initiatives to improve team efficiency in a number of core areas:
- FINREP reporting
- Head Office Reporting
- Month end close
- Legal Entity MI report preparation and standardisation
- External audit delivery
Business Area
- The EMEA region comprises a number of SMBC branches, and separate legal entities based in London and Frankfurt
- This is a new role within the Financial Control team and will involve EMEA-wide collaboration.
Key Stakeholders:
- Chief Financial Officer & Head of Finance
- Head of Financial Control and Reporting
- EMEA Finance team colleagues
- Front Office / Functional leads
- Operations team, Internal & External Audit
Position Description
- Support legal entity Financial Control teams in the inventory and prioritisation of manual processes and define roadmap to automate
- Manage the automation of current FINREP reporting processes through use of core regulatory reporting systems and enhancements to underlying data
- Review inventory of core legal entity reporting and identify opportunities to standardise
- Identify opportunities to align and accelerate month-end close timelines
- Support on various financial and analytical parameters to support senior management in effective decision making.
- High quality understanding of treasury related activities like Hedge Accounting, Fx Management, Derivatives etc.
- High quality support to the end-to-end financial accounting processes
- Liaising with External Auditors to assist with their understanding of SMBC BI’s Financial Statements and delivery of audit evidence
- Proactive knowledge sharing of new / relevant topics across teams
- Takes the lead in driving change and optimising effective working across the team
- Ensure policy, procedure and guidance note are developed and established for each relevant activities and the same are updated on regular basis.
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!!
We recognise our role as a bank to support social change and welcome all applications, including those from groups often under-represented in financial services. We value the uniqueness of professional and personal, backgrounds and perspectives as they play a vital role in continuing the sustainable growth of our organisation. We’ll ensure reasonable adjustments to our recruitment process are offered due to a disability or long-term condition whenever requested.