Accounts Payable (12-18 Month Project Employee)

Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting or Finance required
  • 2-4 years of experience in a similar role preferred
  • Advanced proficiency in Microsoft Office tools, especially Excel
  • Familiarity with Oracle EBS and Oracle Cloud preferred
  • Knowledge of U.S. GAAP and internal controls preferred
  • Strong organizational and time management skills
  • Exceptional attention to detail and accuracy

Responsibilities

  • Manage daily accounts payable transactions for timely and accurate processing
  • Oversee Cognos reporting, including maintaining and initiating reports
  • Coordinate the approval process for accounts payable invoices
  • Participate in quality assurance tests to enhance software performance
  • Prepare reports and communicate with management on accounting issues
  • Assist with administrative tasks and ad hoc projects

Benefits

  • Hybrid work model allowing a mix of remote and office work
  • Opportunity for professional development and career advancement
  • Collaborative work environment with cross-departmental interaction
  • Exposure to various aspects of accounting and finance
  • Emphasis on collaboration and teamwork
Full Job Description


Role Description

SMBC is seeking a detail-oriented and motivated Accounts Payable professional join our Procurement Department. This role is critical in maintaining the Accounts Payable ledger and ensuring timely and accurate payment of invoices and expense claims. You will work closely with multiple departments across the Americas Division, including Corporate Accounting, Bank Accounting, Reconciliation, Human Resources, and subsidiaries.

Key Responsibilities

-Manages day-to-day accounts payable transactions and ensures the financial accuracy and timeliness of processing for the bank and subsidiaries; provides reports and account analysis in accordance with established reporting systems.

-Manages Cognos reporting including maintenance of existing reports and initiates new reports, manages daily breaks in accounts as well as daily and monthly kick out reports, and analyzes and prepares journal entries for expense account corrections and allocations.

-Coordinates approval process of accounts payable invoices, including validating invoices, and releasing payments.

-Participates in QA tests in established systems to enhance the performance of current software.

-Prepares various reports and corresponds with all levels of management regarding accounting issues including expense and asset types.

-Other Administrative and Ad hoc projects

Qualifications and Skills

Education: Bachelor's degree in Accounting or Finance (required).
Experience: 2-4 years in a similar role (preferred).

Technical Skills:
- Advanced proficiency in Microsoft Office (Excel, Word, Outlook, PowerPoint).
- Experience with Oracle EBS and Oracle Cloud (preferred).

Knowledge:
- Accounts Payable processes and basic accounting principles.
- U.S. GAAP and internal controls (preferred).

Soft Skills:
- Strong organizational and time management skills.
- Ability to work under pressure and meet tight deadlines.
- Exceptional attention to detail and accuracy.
- Quick learner and team player.

SMBC's employees participate in a Hybrid workforce model that provides employees with an opportunity to work from home, as well as, from an SMBC office. SMBC requires that employees live within a reasonable commuting distance of their office location. Prospective candidates will learn more about their specific hybrid work schedule during their interview process. Hybrid work may not be permitted for certain roles, including, for example, certain FINRA-registered roles for which in-office attendance for the entire workweek is required.

About Sumitomo Mitsui Financial Group, Inc.

Sumitomo Mitsui Financial Group, Inc. Careers

There has never been a more opportune time to join the dynamic team at Sumitomo Mitsui Financial Group, Inc. (SMFG)—a leading force in the financial services industry recognized for its leadership in innovation and diversity.

Explore Job Opportunities

Sumitomo Mitsui Financial Group, Inc. offers a plethora of job opportunities that cater to a variety of skills and interests. The company is renowned for its commitment to professional growth and leadership development, making it an ideal environment for ambitious individuals looking to advance their careers.

Experience Professional Growth

At SMFG, career advancement is not just a possibility but a priority. The company supports its team members with extensive training programs, including leadership development and diversity training, ensuring that every employee has the tools and knowledge necessary to succeed.

Join a Diverse and Inclusive Team

Diversity and inclusion are at the core of the company culture at Sumitomo Mitsui Financial Group, Inc. With a global team that values unique perspectives and fosters a collaborative and inclusive environment, SMFG is a place where everyone can thrive.

Internship Programs

For those starting their career journey, SMFG offers internship programs that provide a robust foundation in the financial sector. Interns gain invaluable experience, working alongside seasoned professionals and engaging in projects that offer real-world applications of their studies.

Benefits and Culture

Sumitomo Mitsui Financial Group, Inc. is dedicated to not only attracting but also retaining top talent by offering competitive benefits that enhance both personal and professional life. The company culture promotes work-life balance, employee well-being, and continuous learning.

Innovative Work Environment

Innovation is a key driver of SMFG’s success. Employees are encouraged to bring forward-thinking ideas to the table and are provided with the resources to transform these ideas into actionable solutions that drive the financial industry forward.

Networking and Career Development

Networking opportunities within SMFG are abundant. Employees are encouraged to connect with colleagues and industry leaders through various platforms and events, enhancing their professional network and opening doors to myriad career opportunities.

Apply for a Position

Sumitomo Mitsui Financial Group, Inc. is actively hiring and looking for talented individuals who are passionate, curious, and driven. Explore open positions that match your skills and interests on the SMFG careers page.

Stay Connected with SMFG Careers

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Prepare for Your Interview

Aspiring to join SMFG? Prepare your resume to reflect your best self and gear up for the interview process where you can showcase your skills and passion for finance and innovation.

Career Opportunities Await

At Sumitomo Mitsui Financial Group, Inc., the potential for professional development and personal growth is limitless. Discover the exciting and rewarding career opportunities that await at SMFG, where every position contributes to the company’s global success and leadership in the financial industry.
Learn more about Sumitomo Mitsui Financial Group, Inc.

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