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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.
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Function Description:
This B28 position is part of the Global Record to Report, Intercompany Center of Excellence and the position will report into the Sr Financial Analyst B30 – Inter Company Center of Excellence.
Purpose of the Role:
- The role will be responsible for accounting and reporting of a subset of Intercompany service fee allocations.
- The incumbent will specifically be responsible for accounting of European entities chargeout process.
- Intercompany transactions are complex transactions and operate in a highly regulated environment. It will be critical for this position to have a very strong control mindset and ensure all time high levels of financials integrity. Further, strong focus and oversight required to ensure correct application of Intercompany policy/protocol guidelines, monitoring of intercompany account balances, and reporting of key performance indicators associated with the monthly close process for intercompany transactions on a global basis.
- The role partners strongly with Transfer Pricing, Local Taxation, Market Controllers, and business teams, that will entail development of strong working relationships and communication across key stakeholders.
Responsibilities/ Critical Factors to Success:
- He/ She would be responsible for accounting and reporting of various Intercompany Chargeouts for EMEA Region
- Ensuring timely accounting and adherence to close protocol and various associated Policies like MJE, Spreadsheet etc.
- Aligning and maintaining relations with key stakeholders across globe at various levels. This would require good communication and interpersonal skills.
- This position will also be responsible to providing analytics to support critical business initiatives, automations & various other projects that impacts inter-company processes
- Ensure critical and timely support to global & local audits / regulatory exams.
- The incumbent should be able to maintain high accuracy and productivity standards and should ensure good control over the month-end financials.
Qualification:
Functional Skills/Capabilities:
- Advance functional knowledge of ERP financial systems like Oracle, OBIEE etc. would be preferred.
- Strong ability to quickly grasp complex issues and gain end to end knowledge of processes.
- The incumbent should have good maturity and display flexibility to respond quickly to crisis situations
- The incumbent will be expected to quickly gain detailed understanding of inputs, processes, controls, flows, metrics, risks, SLA and outputs of the process area.
- The incumbent will be required to participate in standardization and continuous improvement initiatives as well as other business partner initiatives.
- He/ She shall ensure that all deadlines are continually met, and adequate controls are maintained over the processes.
- The applicant should carry good accounting skills. USGAAP knowledge would be preferred.
Academic Background.
- B. Com with minimum 2 years of experience of financial accounting and reporting activities.
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.
