Vice President, Finance Planning & Analytics

SMBC; Jersey City (NJ); Hybrid; USD 118,000 - 121,000; Full time

Benefits offered by this job

Hybrid work model

Annual discretionary incentive

Job summary

SMBC is seeking a Vice President of Finance Planning & Analytics in Jersey City, NJ. The role focuses on management accounting, financial analysis, and reporting using TM1, Power BI, and Excel.

The position offers hybrid work, a competitive salary with discretionary incentives, and benefits. Candidates should bring 3+ years of relevant experience and a bachelor’s degree in a related field.

Qualifications

• Bachelor’s degree in business analytics, economics, or a related field plus 3 years of experience.

Responsibilities

• Perform management accounting activities within the Cognos TM1 system and ensure data accuracy.
• 1 Analyze financial results, trends, and KPIs to support decisions.
• 2 Develop, maintain, and enhance reports, dashboards, and analyses using Power BI and TM1.
• 3 Prepare recurring and ad hoc analyses, forecasts, budgets, and variances.
• 4 Communicate insights through written reports and executive materials.
• 5 Collaborate with FP&A, accounting, and business teams to validate results.
• 6 Partner with Head Office and Front Office to assess financial impact of changes.
• 7 Participate in cross-functional meetings to review performance and recommendations.
• 8 Assist in monthly, quarterly, and annual management reporting packages.
• 9 Support planning, forecasting, and budgeting with data gathering and modeling.

Skills

Financial analysis

Data visualization

Strategic planning

Banking products knowledge

Reporting

Analytical mindset

Education

Bachelor’s degree in business analytics, economics, or related field

Tools

TM1

Power BI

Power Query

Excel

Job description

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Vice President, Finance Planning & Analytics

Job Level: Associate

Location: Jersey City, NJ, US, 07311

Employment Type: Full Time

Requisition ID: 8490

SMBC Group is a top-tier global financial group. Headquartered in Tokyo and with a 400-year history, SMBC Group offers a diverse range of financial services, including banking, leasing, securities, credit cards, and consumer finance. The Group has more than 130 offices and 80,000 employees worldwide in nearly 40 countries. Sumitomo Mitsui Financial Group, Inc. (SMFG) is the holding company of SMBC Group, which is one of the three largest banking groups in Japan. SMFG’s shares trade on the Tokyo, Nagoya, and New York (NYSE: SMFG) stock exchanges.

In the Americas, SMBC Group has a presence in the US, Canada, Mexico, Brazil, Chile, Colombia, and Peru. Backed by the capital strength of SMBC Group and the value of its relationships in Asia, the Group offers a range of commercial and investment banking services to its corporate, institutional, and municipal clients. It connects a diverse client base to local markets and the organization’s extensive global network. The Group’s operating companies in the Americas include Sumitomo Mitsui Banking Corp. (SMBC), SMBC Nikko Securities America, Inc., SMBC Capital Markets, Inc., SMBC MANUBANK, JRI America, Inc., SMBC Leasing and Finance, Inc., Banco Sumitomo Mitsui Brasileiro S.A., and Sumitomo Mitsui Finance and Leasing Co., Ltd.

The anticipated salary range for this role is between $117,686.00and $121,000.00. The specific salary offered to an applicant will be based on their individual qualifications, experiences, and an analysis of the current compensation paid in their geography and the market for similar roles at the time of hire. The role may also be eligible for an annual discretionary incentive award. In addition to cash compensation, SMBC offers a competitive portfolio of benefits to its employees.

Role Objectives

• Perform management accounting activities within the Cognos TM1 system, ensuring the accuracy and integrity of financial data and reporting.
• Analyze financial results, trends, and key performance indicators to support business decision-making and strategic planning. Identify process inefficiencies and collaborate with systems and business teams to implement reporting and workflow improvements.
• Develop, maintain, and enhance financial reports, dashboards, and analyses using Power BI, TM1, Power Query, and Excel.
• Prepare recurring and ad hoc financial analyses, forecasts, budgets, and variance reports for management and stakeholders.
• Communicate financial insights and recommendations through written reports, presentations, and other executive-ready materials. Collaborate with FP&A, accounting, and business teams to investigate financial issues, validate results, and support process changes.
• Partner with Head Office and Front Office stakeholders to understand business initiatives, policy updates, and operational changes, and evaluate their financial impact.
• Participate in cross-functional meetings to review financial performance, discuss findings, and support the development of business recommendations.
• Assist in the preparation of monthly, quarterly, and annual management reporting packages and financial presentations.
• Support financial planning, forecasting, and budgeting processes through data gathering, modeling, and analysis. Conduct financial modeling and scenario analysis to assess business performance and support strategic initiatives.

Hybrid remote work permitted.

Qualifications and Skills

• Bachelor’s degree in business analytics, economics, or a related field plus 3 years of experience. Experience must include the following:financial and analytical expertise; in-depth understanding of banking products and activities; experience with TM1 applications; reporting and data visualization capabilities; strategic planning and execution; and process improvement and optimization.
• The required skills do not need to be maintained over the full term of required experience.

The role is eligible for an annual discretionary incentive award. In addition to cash compensation, SMBC offers a competitive portfolio of benefits to its employees.

For benefit information, please see the Careers page

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.

SMBC provides reasonable accommodations during candidacy for applicants with disabilities consistent with applicable federal, state, and local law. If you need a reasonable accommodation during the application process, please let us know at [e-mail].