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.
How will you make an impact in this role?
This is a Vice President position in Finance Controllership responsible for leading the Card & Merchant Accounting and Controls (CMAC) function, reporting to the Vice President/Head, Global Financial Operations. The CMAC function is responsible for AR/AP accounting for the Company which includes – CM Payments, Merchant Settlements, CM Disputes/Fraud, Abandoned Property and B2B Incentives accounting. The position will manage a team of 170+ colleagues primarily spread across Gurgaon and Bangalore locations.
Key Responsibilities
- Accounting for Card Member AR/Loans including CM Spend, Card Member Remittances, Credit Balance Refund/Transfer processes.
- Accounting for B2B Incentives including Corporate Client Incentives, Merchant Rebates etc.
- Accounting for end-to-end Merchant process including Payables, Payments, Gross Pay, Debit Balances etc.
- Accounting for Card Member Disputes and Fraud processes
- Governance for Unclaimed Monies (Abandoned Property) including ensuring compliance with applicable laws, reporting and ensuring appropriate treatment of balances.
- As the accounting source owner of key System of Records for the company, manage and govern system accounting feeds into General ledger including associated accounting rules
- Ensure timely and accurate accounting and implementation of key strategic initiatives having an impact on the card members and merchants
- Partner with various teams for linkages / dependencies related to Cash, AR and AP processes and initiatives.
- Ensuring strong health of the Balance Sheet through timely identification of reconciliation related risk and driving mitigation plans
- Leverage the AR/AP data to create meaningful insights for key stakeholders and enable Controllership to become a strategic partner for the business
- Maintaining the highest levels of control compliance & accuracy; including ownership of RCSA activities and BCP
Minimum Qualifications
- CA/MBA/CPA with minimum 15+ years’ of diverse experience
- Proven experience in actively supporting enterprise wide transformational initiatives
- Able to leverage technologies and AI solutions to make processes more efficient and effective
- Intellectually curious and seeks out challenging opportunities outside of comfort zone
- Strong people leader, driven and enthusiastic with prior experience of leading large teams
- Exhibits strong gravitas & executive presence
- Has consistently exceeded leadership expectations despite difficult & unforeseen circumstances
- Strong understanding of AXP Financial Accounting & Reporting practices/policies/systems
- Ability to build positive relationships and influence others across businesses and people at various levels in the organization
- Ability to handle a high-pressure environment, decision making in challenging situations
- Strong knowledge of the AXP business & industry
We 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.