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. As part of Team Amex, you'll experience this 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.
Card & Merchant Accounting and Control (CMAC) team manages the accounting for Card spend, Remittances and Merchant payments along with accounting for B2B products which is managed by Incentive CoE. This includes accounting for GMS Merchant Rebates, GCS Client Incentives, GNS Royalties etc. and provide governance and oversight to unclaimed funds (Abandoned Property). This role is a part of Abandoned Property & Incentive CoE team within CMAC and will be responsible for the accounting, reporting & governance functions. The role will also be expected to ensure robust monitoring and reporting of various measures, initiatives, and overall delivery levels.
The core responsibilities of the individual will include, but not be limited to the following:
Oversee accrual calculations and month close accounting
Accounting for invoicing and payments to multiple merchants and partners
Collaborate with various work groups/stakeholders, viz. Pricing, Client Managers, LFO / Finance and Business Advisory Controllership teams to identify specific areas of focus and issues requiring leadership attention, flag any pressure points, and resolve time sensitive issues.
Design and execution of a robust and sustainable model for monitoring and reporting of key measures of success
Ensure compliance with all prevalent procedures and policies linked to the process
Besides the above, the position will be required to actively contribute to implementation of initiatives around operational transformation, data integrity and customer priorities
People Leadership experience with ability to motivate the team
Should be able to transform & enhance the assigned process by creating automation opportunities & generating business insights.
Ensure all deadlines are continually met and adequate controls are maintained over the processes handled by the team
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