PERM - STPD-F&C - Financial Reporting / Hedge Accounting - AVP
2 months ago
Location London, London, United Kingdom, United Kingdom
SMBC: A trusted partner for the long term
Our internal opportunities aim to grow you professionally and personally. Be curious, expand your network and explore how your skills and knowledge can transfer into different roles and areas of SMBC. Even if your experience doesn't perfectly align with the job description 100%, we still welcome your application. Find the resources and support available to help you transition your career and flourish on our Internal Mobility page. Section 1 - Details Job Title / Corporate Title Financial Reporting / Hedge Accounting - AVP Department / Group STPD Planning Department - Finance & Control Responsible to / Line Manager This should be a role title, not a named individual. Director Financial Reporting Direct Reports This is about scope of the role. Please include job titles and the reporting relationship. None Location London, UK Date Prepared January 2024 MiFID Knowledge and Competence Out of scope Certification regime Out of scope Section 2 - Purpose of Job- Financial Control and Reporting to support the main legal entities that are controlled by SMBC team in London - SMBC Bank International, Nikko Capital Markets Ltd & SMBC (London Branch)
- Develop core legal entity control & financial reporting expertise to support universal bank strategy
- Develop technical expertise to implement a hedge accounting centre of excellence for the SMBC EMEA region
- Producing legal entity aligned financial updates
- Ensuring GL bookings are complete, accurate and well-controlled
- Preparing HO reports for SMBC BI and SMBC branches
- Operation of Hedge Accounting processes on behalf of in-scope branches and entities
- The EMEA region comprises several SMBC branches, and separate legal entities based in London and Frankfurt
- The role is in the Financial Reporting and Control section of the team department, and has responsibility for legal entity reporting for SMBC BI, SMBC London Branch and Nikko Capital Markets Ltd.
- The team also responds to ad-hoc queries to support entity management information
- Analysis of monthly income for management including production of commentary and analysis of business drivers
- Operation of monthly hedge accounting processes operated under IAS39, including designation, documentation, testing and accounting entries. Understand implications of adoption of IFRS 9 for hedge accounting.
- Identify opportunities to scale-up and standardise process across EMEA region, plus drive process and control improvements
- advise management of operations departments regarding the treatment and booking of transactions.
- Maintenance of various aspects of TheMIS, including updating static data tables and queries as necessary.
- Aid with system testing in relation to new products, system process changes and the "Build" process and check data flows into the Oracle general ledger and TheMIS. Checking data reconciles between the Oracle general ledger and TheMIS.
- Liaising with External Auditors on evidence requirements related to the year-end Audit and preparation of Financial Statements. Producing evidence in a timely manner.
- Controlling various entries across the Oracle general ledger, including monthly accrual entries, and passing manual journal ADI's as required.
- Control and supervision of various access databases containing journal entries including assistance with changes and development of the database.
- Develop and maintain good working relationships with Operations, Systems and Front office departments.
- Aid Finance functions within the EMEA Region, Head Office and to the Head of the Management / Financial reporting section
- Identify potential sources of risk, investigating them thoroughly and taking appropriate action.
- Assist with Head Office Quarterly, Term End and Annual reporting.
- Supporting projects, change management and other developments, typically within Finance lead teams or as part of a finance workstream for Bank-wide programs.
- Educated to Degree Level.
- Qualified Accountant with experience of industry and relevant financial products
- Strong numerical and financial skills with the ability to interpret financial information and able to design and use financial models.
- Able to understand new and existing IFRS Account Standards and to interpret the impact they will have on SMFG group entities.
- Good knowledge of Microsoft Office products (including MS Access) and Oracle GL, plus awareness of Tableau / Alteryx / PowerBI would be desirable
- Can view problems from all angles and draw on external best practice to inform thinking.
- Observes the Conduct rules and standards and maintains high standards of ethics, honesty and integrity.
- Works with respect. Is fair, consistent, open and honest and builds relationships based on trust
- Explaining complex financial concepts to a wide group of stakeholders.
- Balancing competing priorities
- Sharing information proactively across team members
- Highly competitive salary and flexible benefits
- Highly competitive salary and flexible benefits
- Highly competitive salary and flexible benefits
- Highly competitive salary and flexible benefits
-
London, United Kingdom Sumitomo Mitsui Banking Corporation Full timePERM - STPD-F&C - Financial Reporting / Hedge Accounting - AVP SMBC: A trusted partner for the long term Our internal opportunities aim to grow you professionally and personally. Be curious, expand your network and explore how your skills and knowledge can transfer into different roles and areas of SMBC. Even if your experience doesn't perfectly align...
-
London, United Kingdom Sumitomo Mitsui Banking Corporation Full timePERM - STPD-F&C - Financial Reporting / Hedge Accounting - AVP SMBC: A trusted partner for the long term Our internal opportunities aim to grow you professionally and personally. Be curious, expand your network and explore how your skills and knowledge can transfer into different roles and areas of SMBC. Even if your experience doesn't perfectly align...
-
London, United Kingdom Sumitomo Mitsui Banking Corporation Full timePERM - STPD-F&C - Financial Reporting / Hedge Accounting - AVP SMBC: A trusted partner for the long term Our internal opportunities aim to grow you professionally and personally. Be curious, expand your network and explore how your skills and knowledge can transfer into different roles and areas of SMBC. Even if your experience doesn't perfectly align...
-
London, United Kingdom Sumitomo Mitsui Banking Corporation Full timePERM - STPD-F&C - Financial Reporting / Hedge Accounting - AVP SMBC: A trusted partner for the long term Our internal opportunities aim to grow you professionally and personally. Be curious, expand your network and explore how your skills and knowledge can transfer into different roles and areas of SMBC. Even if your experience doesn't perfectly align with...
-
London, United Kingdom Sumitomo Mitsui Banking Corporation Full timePERM - STPD-F&C - Financial Reporting / Hedge Accounting - AVP SMBC: A trusted partner for the long term Our internal opportunities aim to grow you professionally and personally. Be curious, expand your network and explore how your skills and knowledge can transfer into different roles and areas of SMBC. Even if your experience doesn't perfectly align...
-
London, United Kingdom Sumitomo Mitsui Banking Corporation Full timePERM - STPD-F&C - Financial Reporting / Hedge Accounting - AVP SMBC: A trusted partner for the long term Our internal opportunities aim to grow you professionally and personally. Be curious, expand your network and explore how your skills and knowledge can transfer into different roles and areas of SMBC. Even if your experience doesn't perfectly align...
-
London, United Kingdom Sumitomo Mitsui Banking Corporation Full timePERM - STPD-F&C - Financial Reporting / Hedge Accounting - AVP SMBC: A trusted partner for the long term Our internal opportunities aim to grow you professionally and personally. Be curious, expand your network and explore how your skills and knowledge can transfer into different roles and areas of SMBC. Even if your experience doesn't perfectly align...
-
London, United Kingdom Sumitomo Mitsui Banking Corporation Full timePERM - STPD-F&C - Financial Reporting / Hedge Accounting - AVP SMBC: A trusted partner for the long term Our internal opportunities aim to grow you professionally and personally. Be curious, expand your network and explore how your skills and knowledge can transfer into different roles and areas of SMBC. Even if your experience doesn't perfectly align...
-
C++ Developer AVP – London – Financial Services
3 hours ago
London, United Kingdom Kite Human Capital Full timeC++ Developer AVP – London – Financial ServicesMy client a leading financial services company are looking to hire a C++ Developer.They are looking to hire an AVP level C++ Developer who has some knowledge of coding skills and some C++ or python experience.An MSc in computer science would be hugely advantageous for this role.This is a perm role paying...
-
C+ Developer AVP
1 week ago
London, United Kingdom Kite Human Capital Ltd Full time €90,000C++ Developer AVP - London - Financial Services My client a leading financial services company are looking to hire a C++ Developer. They are looking to hire an AVP level C++ Developer who has some knowledge of coding skills and some C++ or python experience. An MSc in computer science would be hugely advantageous for this role. This is a perm...
-
C+ Developer AVP
4 hours ago
London, United Kingdom Kite Human Capital Ltd Full time €90,000C++ Developer AVP - London - Financial Services My client a leading financial services company are looking to hire a C++ Developer. They are looking to hire an AVP level C++ Developer who has some knowledge of coding skills and some C++ or python experience. An MSc in computer science would be hugely advantageous for this role. This is a perm...
-
Financial Controller
1 week ago
London, United Kingdom Centre People Full timeA Japanese bank is currently recruiting a Financial Controller (AVP) to work in their A&C / Accounting Department in the city of London. The position holder will contribute to the development and maintenance of an effective and robust internal control framework covering the finance department, its branches, and subsidiaries. The role shall ensure financial...
-
Financial Controller
1 week ago
London, United Kingdom Centre People Full time €350A Japanese bank is currently recruiting a Financial Controller (AVP) to work in their A&C / Accounting Department in the city of London. The position holder will contribute to the development and maintenance of an effective and robust internal control framework covering the finance department, its branches, and subsidiaries. The role shall ensure...
-
Financial Controller
2 days ago
London, United Kingdom Centre People Full time €350A Japanese bank is currently recruiting a Financial Controller (AVP) to work in their A&C / Accounting Department in the city of London. The position holder will contribute to the development and maintenance of an effective and robust internal control framework covering the finance department, its branches, and subsidiaries. The role shall ensure...
-
Financial Controller
1 week ago
London, United Kingdom Centre People Full time €350A Japanese bank is currently recruiting a Financial Controller (AVP) to work in their A&C / Accounting Department in the city of London. The position holder will contribute to the development and maintenance of an effective and robust internal control framework covering the finance department, its branches, and subsidiaries. The role shall ensure...
-
Financial Controller
2 days ago
London, United Kingdom Centre People Full time €350A Japanese bank is currently recruiting a Financial Controller (AVP) to work in their A&C / Accounting Department in the city of London. The position holder will contribute to the development and maintenance of an effective and robust internal control framework covering the finance department, its branches, and subsidiaries. The role shall ensure...
-
Financial Controller
21 hours ago
London, United Kingdom Centre People Full timeA Japanese bank is currently recruiting a Financial Controller (AVP) to work in their A&C / Accounting Department in the city of London. The position holder will contribute to the development and maintenance of an effective and robust internal control framework covering the finance department, its branches, and subsidiaries. The role shall ensure financial...
-
Financial Reporting AVP
7 days ago
London, United Kingdom in Newbury Full timePreparation of Technology suspense accounts. This includes planning process forbudgeting; ensuring expense data to be at its most accurate, completeand timely. Forming effective partnerships with all departments withinBank, in EMEA, Head Office as well as our external auditors toseamlessly manage the complete expenses portfolio. Preparation of Bank's...
-
Financial Reporting AVP
2 days ago
London, United Kingdom in Newbury Full timePreparation of Technology suspense accounts. This includes planning process forbudgeting; ensuring expense data to be at its most accurate, completeand timely. Forming effective partnerships with all departments withinBank, in EMEA, Head Office as well as our external auditors toseamlessly manage the complete expenses portfolio. Preparation of Bank's...
-
Financial Reporting AVP
7 days ago
London, United Kingdom in Newbury Full timePreparation of Technology suspense accounts. This includes planning process forbudgeting; ensuring expense data to be at its most accurate, completeand timely. Forming effective partnerships with all departments withinBank, in EMEA, Head Office as well as our external auditors toseamlessly manage the complete expenses portfolio. Preparation of Bank's...