Finance Officer - Accounting

SUMITOMO MITSUI BANKING CORP; Philippines; On-site; PHP 700,000 - 1,000,000; Full time

Job summary

SUMITOMO MITSUI BANKING CORP in the Philippines seeks a Finance Officer in the Accounting and Tax Unit of the Finance Accounting Department to support the preparation of financial reports, accounting records, and tax submissions in compliance with applicable regulations and bank policies.

You will reconcile bank accounts, generate and review trial balance and general ledger, assist with tax computations, and provide reliable financial information to help the unit and department achieve their

Qualifications

• Bachelor’s degree in Accountancy.
• Strong knowledge of GAAP and PFRS.
• At least two years of accounting, taxation, or financial reporting experience.
• CPA designation is an advantage.
• Familiarity with JGAAP and banking taxation is a plus.
• Strong understanding of reconciliation, financial statement prep, and controls.
• Ability to prepare financial reports, schedules, and tax documentation.
• Analytical and detail-oriented with good regulatory compliance awareness.
• Integrity, sound judgment, and ability to work under pressure.

Responsibilities

• Prepare and reconcile bank accounts, monitor outstanding items and resolve issues.
• Generate and review Trial Balance, General Ledger, and other reports for accuracy.
• Investigate discrepancies between source systems and records and coordinate corrective actions.
• Ensure compliance with accounting standards, regulations, and internal policies.
• Prepare schedules and documents for financial statements, Head Office, and regulatory needs.
• Assist in tax computations, returns, and supporting schedules.
• Record and post accounting entries in the correct period.
• Support monthly financial statements and variance analyses.
• Handle accounting procedures for Overseas Offices/IBUs as required.
• Maintain filing systems, schedules, and documentation.
• Stay updated on regulations and tax changes.

Skills

GAAP knowledge

PFRS knowledge

Accounting experience

Tax knowledge

Regulatory compliance

Analytical thinking

Communication

Integrity and risk awareness

Education

Bachelor’s degree in Accountancy

Job description

As a Finance Officer under the Accounting and Tax Unit of the Finance Accounting Department (FAD), you will support the preparation of financial reports, accounting records, and tax-related submissions while ensuring compliance with applicable regulations, accounting standards, and bank policies. You will play an important role in maintaining accurate financial information, supporting reporting and taxation requirements, and contributing to the achievement of the unit’s and department’s objectives.

How You’ll Make an Impact

• Prepare and reconcile bank accounts, ensuring outstanding and reconciling items are properly monitored, investigated, and resolved in a timely manner.
• Generate, review, and analyze Trial Balance, General Ledger, and other accounting reports to ensure the accuracy and integrity of financial records.
• Investigate accounting discrepancies between source systems and financial records and coordinate corrective actions as necessary.
• Review transactions, balances, and accounting entries to ensure compliance with accounting standards, regulatory requirements, and internal policies.
• Prepare schedules and supporting documents related to financial statements, Head Office reporting, and regulatory requirements.
• Assist in the preparation and filing of tax computations, tax returns, and supporting schedules in compliance with local tax regulations.
• Record and process accounting entries accurately and ensure transactions are recognized in the appropriate accounting period.
• Support the preparation of monthly financial statements and variance analysis reports.
• Carry out accounting procedures for Overseas Offices and International Banking Units as required.
• Maintain accurate and organized filing systems, accounting schedules, and financial documentation.
• Ensure compliance with local regulations, accounting standards, and bank policies while keeping abreast of regulatory and tax updates.
• Provide support to the Unit Head, Department Head, and Management in achieving departmental and organizational goals.

What Sets You Apart

• Bachelor’s degree in Accountancy.
• Strong knowledge of Generally Accepted Accounting Principles (GAAP) and Philippine Financial Reporting Standards (PFRS).
• At least two (2) years of relevant experience in accounting, taxation, financial reporting, or related fields.
• Certified Public Accountant (CPA) designation is an advantage.
• Familiarity with Japanese GAAP (JGAAP) and banking taxation is a plus.
• Strong understanding of account reconciliation, financial statement preparation, and accounting controls.
• Ability to prepare financial reports, accounting schedules, and tax-related documentation accurately and efficiently.
• Analytical and detail-oriented, with the ability to identify, investigate, and resolve accounting issues.
• Demonstrates integrity, sound judgment, and a commitment to regulatory compliance and risk awareness.
• Adaptable and resilient, with the ability to manage changing priorities and work under pressure to meet deadlines.
• Effective communicator with strong collaboration skills and the ability to work with diverse teams and stakeholders.
• Highly organized, quality-driven, and capable of working independently with minimal supervision.
• Team player with a commitment to continuous improvement and operational excellence.