At American Express, our culture is built on a 175-year history of innovation, shared values and Leadership Behaviors, and an unwavering commitment to back our customers, communities, and colleagues. As part of Team Amex, you'll experience this powerful backing with comprehensive support for your holistic well-being and many opportunities to learn new skills, develop as a leader, and grow your career.
Here, your voice and ideas matter, your work makes an impact, and together, you will help us define the future of American Express.
Card & Merchant Accounting and Control (CMAC) team manages the accounting for Card spend, Remittances and Merchant payments along with accounting for B2B products which is managed by Incentive CoE. This includes accounting for GMS Merchant Rebates, GCS Client Incentives, GNS Royalties etc. and provide governance and oversight to unclaimed funds (Abandoned Property). This role is a part of Abandoned Property & Incentive CoE team within CMAC and will be responsible for the accounting, reporting & governance functions. The role will also be expected to ensure robust monitoring and reporting of various measures, initiatives, and overall delivery levels.
The core responsibilities of the individual will include, but not be limited to the following:
Oversee accrual calculations and month close accounting
Accounting for invoicing and payments to multiple merchants and partners
Collaborate with various work groups/stakeholders, viz. Pricing, Client Managers, LFO / Finance and Business Advisory Controllership teams to identify specific areas of focus and issues requiring leadership attention, flag any pressure points, and resolve time sensitive issues.
Design and execution of a robust and sustainable model for monitoring and reporting of key measures of success
Ensure compliance with all prevalent procedures and policies linked to the process
Besides the above, the position will be required to actively contribute to implementation of initiatives around operational transformation, data integrity and customer priorities
People Leadership experience with ability to motivate the team
Should be able to transform & enhance the assigned process by creating automation opportunities & generating business insights.
Ensure all deadlines are continually met and adequate controls are maintained over the processes handled by the team
Academic Background
CA/CPA/bachelor's in commerce or Specialization in Commerce Stream With minimum of 2 Years of Experience
Functional Skills/Capabilities:
Must have good communication and interpersonal skills and be able to interact independently with senior business partners / customers etc.
Reporting and analysis experience will be an advantage. Familiarity with US GAAP and financial accounting experience is preferred.
Self-driven, team player, have analytical skills and inclination for process improvement.
For an internal candidate, knowledge of company policies, businesses, finance processes and systems is desirable.
Understanding of financial domain and AXP systems (Oracle, Essbase)
Behavioral areas
Enterprise Leadership Behaviors
Set The Agenda: Define What Winning Looks Like, Put Enterprise Thinking First, Lead with an External Perspective
Bring Others with You: Build the Best Team, Seek & Provide Coaching Feedback, Make Collaboration Essential
Do It the Right Way: Communicate Frequently, Candidly & Clearly, Make Decisions Quickly & Effectively, Live the Blue Box Values, Great Leadership Demands Courage
We back you with benefits that support your holistic well-being so you can be and deliver your best. This means caring for you and your loved ones' physical, financial, and mental health, as well as providing the flexibility you need to thrive personally and professionally:
Competitive base salaries
Bonus incentives
Support for financial-well-being and retirement
Comprehensive medical, dental, vision, life insurance, and disability benefits (depending on location)
Flexible working model with hybrid, onsite or virtual arrangements depending on role and business need
Generous paid parental leave policies (depending on your location)
Free access to global on-site wellness centers staffed with nurses and doctors (depending on location)
Free and confidential counseling support through our Healthy Minds program
Career development and training opportunities
American Express is an equal opportunity employer and makes employment decisions without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran status, disability status, age, or any other status protected by law.
Offer of employment with American Express is conditioned upon the successful completion of a background verification check, subject to applicable laws and regulations.
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