Job Description
American Express is a global service company, providing customers with exceptional access to products and experiences that enrich lives and build business success.
Each day, we make it easier, safer and more rewarding for consumers and businesses to purchase the things they need and for merchants to sell their goods and services, enabling them to do and achieve more.
Were committed to becoming the worlds most respected service brand and daily deliver extraordinary service to our customers, constantly reinventing our ways of working to ensure we offer rich rewards that redefine expectations for our clients and ourselves.
1. Position Summary
• Analysis of monthly financial data (Balance Sheet and Income statement) to assist in the month end close process.
• Review of month end accounting entries ensuring compliance to relevant internal policy and US GAAP accounting rules for all ledgers.
• Review of accounting entries passed by other finance and non-finance teams enabling identification, reporting and escalation of unusuals in a timely manner.
• Undertake all aspects of the legal entity monthly P&L / Balance Sheet Review activities in accordance with policy guidelines and as directed by Controller.
• Research and provide support for resolution of issues and queries identified.
• Support the Controller in addressing Ledger governance activities, process improvements and issue resolution.
• Support the Controller in addressing specific Legal entity Local Regulatory, Statutory, Governance reporting issues as required.
• Support the Controller with specific accounting and technical reviews for Legal entity issues raised by key business partners.
• Support the Controller with process enhancement, remediation and driving efficiency.
2. Principal Accountabilities
• Validation of accounting entries to ensure integrity of financial records.
• Maintain adequate controls, documentation and audit trails to comply with US GAAP and internal accounting and close process policies and procedures.
• Respond to queries and requests for information and assistance in Controllers absence.
• Ensure that all reporting issues identified, are escalated and communicated.
• Maintain adequate controls, documentation and audit trails are in place to comply with US GAAP requirements.
• Awareness of ledger entity governance processes and policies for all accounting entries including accruals, reserves, deferrals, commission, provisions, management fees, transfer pricing and service fees.
3. Critical Challenges
• Deliver high quality and accurate financial reporting with adherence to critical deadlines.
• Contribute toward process improvements through ongoing review of processes / methods of data collection and preparation to create efficiencies and eliminate non-value added work.
• Ability to respond to changes in reporting requirements as dictated by US GAAP and work with Controller to determine how to accommodate changes, providing analytical support to translate requirements into technology and resource impact, in conjunction with LER Team.
4. Organisation Chart
• Report to Controller Accounting & Reporting Controllership
5. Contacts:
• Market Controller.
• Global Business Services, Global Reporting & Process Owners.
• Specialist functions for review and oversight to support statutory, regulatory and audit requirements e.g. Taxation, Treasury, MR Controllership CoE etc.
• Finance colleagues locally and in other markets across International Operational Controllership organisation.
Offer of employment with American Express is conditioned upon the successful completion of a background verification check, subject to applicable laws and regulations.
Qualifications
1. Unique Knowledge & Skills:
• Batchelor Accountancy.
• Strong financial accounting / reporting experience including understanding of regulatory requirements.
• Basic knowledge of US GAAP and awareness of Dutch GAAP and IFRS
• Basic understanding of internal accounting, month end close process and policies for reporting unusuals in order to maintain compliance and integrity of financial records.
• High proficiency in MS-Office applications, Essbase/analytical software, Oracle and Cognos.
• Change and project management exposure.
• Excellent Dutch and English verbal and written communication skills.
• Ability to share technical knowledge and proactively encourage others to do the same.
2. Problem solving & Decision Making:
• Results driven and ability to perform multiple tasks, work to strict deadlines and prioritize tasks.
• Achieves and suggests (aligned with Leader) goals in line with critical Statutory and Regulatory reporting activities.
• Analytical and problem solving skills to identify and resolve queries and track issues to conclusion.
• Ability to handle issues in absence of Controller and judge when Statutory and Regulatory issues require escalation to Controller.
• Must demonstrate personal accountability in ensuring all tasks and activities are carried out on time and in accordance with legal requirements.
ReqID: 17004804
Schedule (Full-Time/Part-Time): Full-time