Senior Financial Reporting Specialist I

Senior Financial Reporting Specialist I

Job Level: Associate

Job Function: Business Operations

Location:

Jersey City, NJ, US, 07311

Employment Type: Full Time

Requisition ID: 2859

Join us on our mission to create a completely new, 100% digital bank that truly serves customers' best interests. We are a close-knit and fun-loving team of seasoned financial services professionals who came together for the challenge of building a bank from scratch - and we are committed to doing it all the right way (from technology infrastructure to modern marketing to customer experience).

We work with the flexibility and speed of a start-up. But we also have significant stability and capital from being part of the SMBC Group (Sumitomo Mitsui Banking Corporation). SMBC is the second largest bank in Japan and the 12th largest bank in the world with operations in over forty countries. And SMBC is committed to disrupting the US marketplace with ground-breaking products.

It is the best of both worlds, and we are seeking proven marketing leaders to propel us towards a national launch. We have both the ambitious growth plans and the 'patient capital' necessary to execute a multi-year plan. Join us on the journey to deliver an exciting concept of evolved banking.

Role Description

SMBC Nikko Securities America, Inc, a registered broker dealer, provides investment securities and other financial services to corporate and institutional clients, focusing on North America and Larin America. The Accounting team oversees financial reporting, regulatory reporting and management reporting functions. This position will be responsible for assisting with month end closing function, preparation of reconciliations and reports, and other daily accounting functions.

Reporting to the Director of Accounting, this position will be responsible for assisting with month end closing function, preparation of reconciliations and reports, and other daily accounting functions. This position will be closely working with accounting teams from other domestic and foreign affiliates, and will also regularly interact with other departments (Operations, Product Control, Accounts Payable, HR, etc.) within Nikko America.

Responsibilities

• Maintain the master check-list of month end close activities and ensure all activities are completed timely.

• Gather month end accrual information from other departments and affiliates, and also from review of purchase orders/invoices. Update prepaid and fixed assets schedules.

• Prepare month end close entries and GL account reconciliations based on master check-l

• Prepare month end reports such as business group expense report and affiliate trade activity report

• Prepare daily estimate net capital calculation for a subsidiary

• Review GL account coding of requisitions/invoices in Purchase Order system. Follow up with owners of requisition/invoice from other departments as needed to determine correct coding.

• Maintain Policy and Procedure documentation related to the functions under ownership

• Manage the requests/questions from Internal and External audit and, where applicable, other departments

Qualifications and Skills

• 0-2 years experience working in the financial service industry

• 2+ years of financial reporting (broker dealer experience is a strong plus)

• BA/BS required

• Working knowledge of U.S. Generally Accepted Accounting Principles (GAAP) required

• Good knowledge of broker dealer business and financial products

• Proficiency in MS Office Suite

• Strong analytic and problem solving skills; high level of urgency and deadline driven; attention to detail, accuracy and accountability.

• Strong communication and interpersonal skills; possesses diplomacy and displays confidence

• A team player who is collaborative yet able to work independently

• Knowledge of Oracle GL is a strong plus

Additional Requirements

EOE STATEMENT

We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability status, protected veteran status or any other characteristic protected by law.

CCPA DISCLOSURE

Personal Information Collection Notice: This notice contains information under the California Consumer Privacy Act (CCPA) about the categories of personal information (PI) of California residents that Manufacturers Bank collects and the business or commercial purpose(s) for which the PI may be used. We do not sell PI. More information about our collection and use of PI may be found in our CCPA Privacy Policy at https://www.manufacturersbank.com/CCPA-Privacy. Persons with disabilities may contact our Customer Contact Center toll-free at (877) 560-9812 to request the information in this Notice in an alternative format.

Nearest Major Market: Jersey City

Nearest Secondary Market: New York City