About this role
<p>Headquartered in Tokyo, Sumitomo Mitsui Banking Corporation (SMBC) is a leading global financial institution and a core member of Sumitomo Mitsui Financial Group (SMBC Group). Built upon our rich Japanese heritage since 1876, we put our customers first and provide seamless access to, from and within the Asia Pacific region. SMBC is one of the largest Japanese banks by assets and maintain strong credit ratings across our global integrated network. We work closely as one SMBC Group to offer personal, corporate and investment banking services to meet the needs of our customers.</p> <p> </p> <p>With sustainability embedded within our strategy and operations, we are committed to creating a society in which today’s generation can enjoy economic prosperity and well-being, and pass it on to future generations.</p> <p style="margin:0.0cm;Times New Roman', serif"><strong><span style="">Financial Accounting, Taxation, Regulatory reporting and Risk</span></strong></p> <ul style="margin-bottom:0.0cm;margin-top:0.0px"> <li style="margin:0.0cm 0.0cm 0.0cm 0.0px;Times New Roman', serif"><span style="">Maintain books of Accounts including postings, managing daily controls includes Bank reconciliation etc.</span></li> <li style="margin:0.0cm 0.0cm 0.0cm 0.0px;Times New Roman', serif"><span style="">Preparation of Financial Statements [JGAAP and IFRS]</span></li> <li style="margin:0.0cm 0.0cm 0.0cm 0.0px;Times New Roman', serif"><span style="">Manage audits/ external reviews like statutory audit, review by regulators etc</span></li> <li style="margin:0.0cm 0.0cm 0.0cm 0.0px;Times New Roman', serif"><span style="">Preparation and submission of Head office related reports.</span></li> <li style="margin:0.0cm 0.0cm 0.0cm 0.0px;Times New Roman', serif"><span style="">Manage all direct and indirect tax compliances, as applicable, for the IBU </span></li> <li style="margin:0.0cm 0.0cm 0.0cm 0.0px;Times New Roman', serif"><span style="">Mange periodic reporting to IFSCA and any other regulators, as may be required</span></li> <li style="margin:0.0cm 0.0cm 0.0cm 0.0px;Times New Roman', serif"><span style="">Liaise with advisors / external consultants and internal stakeholders</span></li> <li style="margin:0.0cm 0.0cm 0.0cm 0.0px;Times New Roman', serif"><span style="">To provide details for ECL calculation in line with IFSCA and HO rules. </span></li> </ul> <p style="margin-top:0.0cm;margin-right:0.0cm;margin-bottom:0.0cm;margin-left:0.0px;Times New Roman', serif"> </p> <ol style="list-style-type:lower-alpha;margin-top:0.0cm;margin-bottom:6.0pt"> <li style="margin:0.0cm 0.0cm 6.0pt 0.0px;Times New Roman', serif"><span style="">Knowledge – IFRS and Indian tax laws</span></li> <li style="margin:0.0cm 0.0cm 6.0pt 0.0px;Times New Roman', serif"><span style="">Skills – Strong Communication and analytical skills, </span><span style="">good negotiation skills and decision-making abilities in ambiguous situation, Discipline related to timeline/deadline adherence and punctuality, MS- excel proficiency</span></li> <li style="margin:0.0cm 0.0cm 6.0pt 0.0px;Times New Roman', serif"><span style="">Experience –</span><span style=""> </span><span style="">1-3 <span style="">years of experience</span>, in Banking/ Financial services, Foreign/India Banks, exposure to IFRS, working knowledge of taxation including international Transfer pricing, understanding of Bank Financial statements and products, experience of working in a cross-cultural <span style="">environment.</span></span></li> <li style="margin:0.0cm 0.0cm 0.0cm 0.0px;Times New Roman', serif"><span style="">Qualifications –Preference to </span><span style="">CA and/or higher equivalent qualification in Accounting / Taxation, IFRS certification, any other equivalent qualification</span></li> </ol> <p style="margin:0.0cm;Times New Roman', serif"> </p> <p style="margin:0.0cm 0.0cm 0.0cm -2.2pt;Times New Roman', serif"> </p> <p style="margin:0.0cm;Times New Roman', serif"><em><span style="">Note: The scope of work above is indicative but not exhaustive in nature, the incumbent may be required to assist the team on other activities on need basis and as part of progress plan.</span></em></p>