The primary purpose of this role requires to manage financial accounting process for American Express Cobrand arrangements, Cost of card member services & Payment to partner, new business acquisitions accounting etc. Ensuring reconciliation and reporting of financials. The incumbent will be required to closely work with business partners across AXP. The role will require strong focus on generating efficiencies, accelerating accounting processes and ensuring overall governance.
Responsibilities- Responsible for contacting clients with overdue accounts to secure the settlement of the account. Also, they do preventive work to avoid future overdue with accounts that have a high exposure.
End to end ownership of key enterprise financial processes like Cost of Card Member Services, New business acquisitions, Opex Accounting etc.
- Ensure that all SLAs are timely & accurately met with adequate controls over the processes to ensure integrity of the information.
- Strong understanding of end-to-end AR/AP process flow, accounting & reconciliation.
- Awareness of US GAAP/Local GAAP/IFRS (Accounting knowledge) & understanding of business products.
- Pro-actively develop meaningful data insights/trends to enable finance decision support to our customer’s/business partners for more effective planning & forecasting activities.
- Responsible for owning & maintaining financial/data integrity, compliance with internal service level agreements (SLA), guidelines, accounting policies and regulatory requirements as applicable.
- Ability to work across multiple time zones
- The incumbent will be required to have strong accounting & reconciliation knowledge, policy awareness & control mindset with ability to read, interpret various contractual terms/ arrangements and apply to function and activities.
- Strong communication, relationship management & collaboration skills while closely working with various stakeholders across Controllership, Business Finance, Audit and Control groups, etc.
- High proficiency in MS-Office applications, Oracle Applications, Essbase/Smart View etc.
- Strong knowledge on Control & Compliance specifically to SOX & Internal controls.
Minimum:
Graduate / Post-Graduate in Commerce with 1-3 years of relevant experience in financial accounting.
Analytical and problem-solving skills to identify and resolve queries with the ability to deal with large set of data.
Excellent verbal & written communication with good presentation skills.
Ability to challenge the status quo and drive continuous improvements.
Quick learner, an eye for detail and ability to work during ambiguity.
Ability to work across multiple time zones.
Should be able to work independently with minimal supervision.
Preferred:
Good understanding of general accounting principles and basic techno finance/automation knowhow will be an added advantage.
Required Skillset:
Good Communication Skills
Self-Starter, can work independently
Sound Accounting Knowledge
MS Office proficiency
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. From delivering differentiated products to providing world-class customer service, we operate with a strong risk mindset, ensuring we continue to uphold our brand promise of trust, security, and service.
As part of Team Amex, you’ll experience our 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.
About the TeamWe 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.
Skills Required
- Graduate/Post-Graduate in Commerce
- 1-3 years of relevant experience in financial accounting
- Strong accounting and reconciliation knowledge
- Excellent verbal and written communication skills
- Proficient in MS Office applications
American Express Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about American Express and has not been reviewed or approved by American Express.
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Healthcare Strength — Pay is often viewed as attractive when combined with comprehensive health, dental, and vision coverage that supports day-to-day needs. The benefits package is also framed as especially helpful for those supporting dependents.
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Retirement Support — Retirement benefits are positioned as a meaningful part of total rewards through a 401(k) plan with company matching. Financial wellness services and coaching are also highlighted as strengthening longer-term financial security.
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Leave & Time Off Breadth — Paid time off is repeatedly characterized as generous and a valued component of the overall package. Time off and flexibility are presented as helping the total rewards feel more complete beyond base salary.
American Express Insights
What We Do
At American Express, we know that with the right backing, people and businesses have the power to progress in incredible ways. Whether we’re supporting our customers’ financial confidence to move ahead, taking commerce to new heights, or encouraging people to explore the world, our colleagues are constantly striving to uphold our powerful backing promise to our customers and each other every day. These beliefs have been our North Star for 170 years as our business transformed – from helping evacuate travelers during World Wars, to ensuring the safety of our customers’ funds during the Great Depression in the U.S., to creating the Shop Small® movement to help small businesses recover from the Financial Crisis, to providing aid to communities impacted by many natural disasters and so much more. For generations, the key to our success has been the determination and resilience of our American Express colleagues. Now, as a globally integrated payments company, we work together to provide customers with access to products, insights and world-class experiences that enrich lives and build business success. Join us and let’s lead the way together.
