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.
This role is a part of Card & Merchant Accounting and Controls (CMAC) team within Global Record to Report Organization (GR2R) in Controllership. Specifically, the position will be a critical part of the Incentive Accounting CoE , responsible for:
Analysis, interpretation and accounting of Global Network Services (GNS) related processed revenue such as Royalties, Incentives etc. in accordance with the contractual terms, obligations & US GAAP.
The position will be responsible for raising Invoices related for processes such as Third Party Benefits, action items such as incentive payments etc on monthly basis followed by accounting.
The role will also be expected to ensure robust monitoring and reporting of various measures, initiatives, and overall delivery levels of GNS Brand related revenue & expense accounting.
The core responsibilities of the individual will include, but not be limited to the following:
Perform monthly accounting which will include booking GNS Royalty accruals, Deferrals, AR, AP, Clearance of ageing items, Month/Year End closures etc.
Manage reconciliation in SLU/IRIS applications
Perform Data Analytics related to GNS Royalty, Third Party Benefits, etc. processes.
Maintain close contact with customers, LFO's, segment controllers, market controllers & other business partners.
Monthly analysis & reporting to senior line leadership
Support the design and execution of a robust and sustainable model for monitoring and reporting of key measures of success for processed revenue accounting.
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:
Graduate/Postgraduate with 2+ years of work experience.
Eye for detail, strong analytical skills and ability to comprehend complex contractual terms into financial implications for the business.
Ability to cross link / cross reference data points to facilitate comprehensive analysis.
Strong & candid communication, relationship management & collaboration skills while closely working with various stakeholders across Controllership, Business Finance, Audit and Control groups
Strong communication and influencing skills, and ability to manage multiple relationships and priorities.
Strong MIS skills, including advanced proficiency with MS Excel.
Ability to develop innovative solutions using a data driven approach, multiple variables and insights.
Good understanding of Amex products, financial processes, systems and tools, especially Salesforce, MicroStrategy, Oracle General Ledger and IRIS.
Knowledge of GNS business will be an added advantage.
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.