Financial Analyst I

You Lead the Way. We’ve Got Your Back.

With the right backing, people and businesses have the power to progress in incredible ways. When you join Team Amex, you become part of a global and diverse community of colleagues with an unwavering commitment to back our customers, communities and each other. Here, you’ll learn and grow as we help you create a career journey that’s unique and meaningful to you with benefits, programs, and flexibility that support you personally and professionally.

At American Express, you’ll be recognized for your contributions, leadership, and impact—every colleague has the opportunity to share in the company’s success. Together, we’ll win as a team, striving to uphold our company values and powerful backing promise to provide the world’s best customer experience every day. And we’ll do it with the utmost integrity, and in an environment where everyone is seen, heard and feels like they belong.

Join Team Amex and let's lead the way together.

Responsibilities:

American Express Banking Corp. (“AEBC”) India is a banking entity regulated by Reserve Bank of India (RBI) which carries out the India Card (credit cards, gift cards, prepaid cards, forex cards) and Travelers Cheques distribution business.

This position will be part of 20 member AEBC India Controllership team, which will require dotted line reporting in a matrix’s environment & Job profile and mix will continue to change in order to develop the individual according to external developments, interest / demonstrated capability of individual, departmental focus, projects etc.

This is a key position in American Express Banking Corp., India Controllership team, will report into Services Delivery Leader and assist with the following processes:

• Preparation and scrutiny of returns and statements filed with RBI in accordance with the RBI guidelines.
• Review daily and month end accounting entries ensuring compliance to relevant RBI reporting and India GAAP accounting rules.
• Preparation of inputs required for various purposes including RBI inspection and Statutory Audit.
• Perform regular reviews and deep dive analysis of the legal entity P&L and Balance Sheet.
• Variance analysis and business commentaries for the AEBC Committees and Senior Management.
• Prepare and submit monthly/quarterly submissions to External & Regulatory Reporting
• Keep abreast of the RBI notifications and regulatory developments taking place in form, procedure and method of reporting to RBI
• Ensuring and monitoring quality and change control over financial related processes including, regulatory reporting and compliance, credit reserves, new products, and intercompany transactions
• Interpreting critical accounting policies and resolution of accounting and reporting issues, providing accounting thought leadership

Critical Factors to Success-

• Ability to be flexible, prioritize multiple demands, and effectively manage in a matrix organization

Desired Qualification:

The qualification required is CA, CPA or MBA finance (Tier 1) with 2-3 years of relevant experience in the Financial Controllership(F&A)/Month-end Close profile.

Functional Skills/Capabilities:

• Must be proficient in MS Applications such as Word, Excel, and Power Point.
• Results driven and ability to perform multiple tasks, work to strict deadlines and prioritize tasks.
• Understanding of banking regulatory requirements & RBI guidelines would be preferred.

Technical Skills/Capabilities:

• A strong financial accounting / reporting background incl. IFRS / IGAAP / USGAAP
• An analytical bent of mind with a positive attitude is a must to survive in a dynamic enjoinment requiring high levels of collaborations.

Knowledge of Platforms:

• Strong knowledge of AMEX businesses, Finance and Reporting Systems would be a preferred.

Behavioral Skills/Capabilities:

• Strong process orientation and analytical problem-solving skills, demonstrated process improvement
• Excellent written and verbal communications skills, strong collaboration and relationship skills
• Results driven, self-starter, able to lead and influence without direct authority

We back our colleagues and their loved ones with benefits and programs that support their holistic well-being. That means we prioritize their physical, financial, and mental health through each stage of life. Benefits include:

• 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.