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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.
Card & Merchant Accounting and Control (CMAC) team manages the accounting for $1.2 Tn of Card spend, Remittances and Merchant payments along with accounting for Incentives COE amounting to $2B. which includes accounting for Corporate Client Incentives, GNS Royalties, Merchant Rebates etc. and provide governance and oversight to unclaimed funds (Abandoned Property). This role is a part of Incentives COE team within CMAC. Card & Merchant Accounting and Control (CMAC) team manages the accounting for $1.2 Tn of Card spend, Remittances and Merchant payments along with accounting for Incentives COE amounting to $2B. which includes accounting for Corporate Client Incentives, GNS Royalties, Merchant Rebates etc. and provide governance and oversight to unclaimed funds (Abandoned Property). This role is a part of Incentives COE team within CMAC.
Job Description:
This role is a part of Card & Merchant Accounting and Controls (CMAC) team within Global Record to Report Organization (GR2R) in Controllership.
The incumbent will be required to perform:Monthly accounting of Client Incentive accruals & payment, sub ledger reconciliation & Clearance of ageing items, Month/Year End closures
Raise Invoices related to AEXP Bank/Network partner along with adequacy on quarterly basis followed by accounting
Manage Partner Pricing & Incentive Invoicing common mailbox on daily basis
Maintain close contact with customers /LFO's/ business partners
Collaborate with Control and Compliance, SOX and Operational Risk teams on relevant initiatives and deliverables.
Ensure compliance with all prevalent procedures and policies linked to the process. Besides the above, the position will work closely with Incentive COE leadership and be a part of the coordination and implementation of initiatives around operational transformation, data integrity and customer priorities.
Support standardization & automation projects.
Qualifications & Skill Sets:
MBA / Post Graduate with at least 1 years of experience or B Com with 2-3 years of experience.
Strong accounting & reconciliation knowledge.
Ability to manage multiple activities simultaneously & prioritize accordingly.
Willing to work in any shift.
Excellent follow-up and detail oriented, using Excel, a plus.
Good communication, collaboration and interpersonal skills partners/customers, etc.
Demonstrated leadership skills needed to interact with leadership.
Should not be currently on a staging post assignment.
Should have a minimum of eighteen months tenure in current role level/position as on the date of application deadline.
Should have a minimum performance rating of G3/L3
Demonstrate problem solving skills. Should possess good analytical skills.
The successful candidate should be flexible & result oriented.
Good Understanding of AMEX businesses, AMEX Finance products and systems such as Oracle/Axiom etc. will be a plus.
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.