Title: Vice President
HK

Sumitomo Mitsui Banking Corporation (三井住友銀行) (incorporated in Japan with limited liability) is one of the major international banks and a leading arranger of specialized financial products worldwide. The Bank's Hong Kong Branch is now seeking high calibre individuals with long-term career objectives to apply for the following position:
Vice President -
Finance & Administration Department - Financial Accounting Team
Job Duties & Responsibilities:
- Lead Financial Accounting team to ensure the high performance and integrity of financial control functions of the Bank.
- Support the end-to-end financial accounting processes and preparation of accurate and timely financial books and records to ensure the compliance with the accounting standards, such as Japanese GAAP, regulatory requirements, and SMBC Group policies.
- Manage inventory and prioritization of the operational processes of the team and define roadmap to achieve operational efficiency
- Review inventory and processes to identify opportunities of standardization with the Group and the region.
- Support on various financial and analytical parameters to support senior management in effective decision making.
- Liaise with Internal and External Auditors to ensure audit readiness, timely provision of requested documentation, and follow-up on audit findings.
- Manage the tax reporting and the preparation of relevant information, liaise with external tax consultants, tax authorities to ensure compliance with tax requirements.
- Provide technical support and advice on financial accounting to accommodate the Business and Group strategy
- Ensure relevant policies, procedures and guidance notes are developed, established and updated for the Branch’s financial control activities.
- Collaborate with senior management, auditors, tax advisors, business units, and external consultants to provide financial guidance, support audits, and implement financial controls.
Requirements
• Bachelor’s degree in Finance/ Accounting/ Banking related disciplines
• Minimum of 8-10 years of relevant experience in financial institutions
• Holding a recognized professional accounting qualification or equivalent preferred
• Understanding of Japanese GAAP, IFRS, tax regulations and rules is an advantage
• Audit experience is an advantage.
Please apply with detailed resume stating latest and expected salary.
SMBC is an equal opportunity employer. We are committed to fostering a diversified and inclusive workplace and removing barriers to provide equal access to employment.
Note on Mandatory Reference Check ("MRC") Scheme:
The MRC Scheme seeks to address the "rolling bad apples" phenomenon in the banking sector in Hong Kong, i.e. situations where individuals who engage in misconduct during their employment in one institution are able to obtain subsequent employment in another institution without disclosing their misconduct to the new employer. Against this background, the HKMA proposed a framework to facilitate Authorized Institutions ("AIs") to bilaterally obtain reference information during their recruitment process for certain positions, such that misconduct information in an individual's previous employments can be provided to AIs to inform their employment decisions.
For in-scope positions, satisfactory completion of MRC process is pivotal for the consideration of employment decision. For details, you may visit HKMA's website and refer to the latest FAQs issued by HKAB. Further details will be shared on request if your application is being proceeded.
Application details will be used only for recruitment purposes, and will be destroyed after 1 year. Applicants not contacted after 6 weeks may consider their applications unsuccessful.