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You Lead the Way. We’ve Got Your Back.
At American Express, we know that with the right backing, people and businesses have the power to progress in incredible ways. Whether we’re supporting our customers’ financial confidence to move ahead, taking commerce to new heights, or encouraging people to explore the world, our colleagues are constantly redefining what’s possible — and we’re proud to back each other every step of the way. When you join #TeamAmex, you become part of a diverse community of over 60,000 colleagues, all with a common goal to deliver an exceptional customer experience every day.
Function Description:
  • For American Express Banking Corp., AEBC Controllership team manages period close process both for US GAAP and India GAAP / IND AS and related filings and submissions.
  • Support treasury back office function and business initiatives.
  • Manage / support internal and external reviews on Financial close and reporting processes.
Purpose of the Role:
American Express Banking Corp. (“AEBC”) India Branch is a banking entity regulated by Reserve Bank of India (RBI) which deals in Card products. This is a key position in American Express Banking Corp., India Branch Controllership team, will report into service delivery leader and assist with responsibilities as defined below.
Responsibilities:
  • Prepare/review and submit regulatory submissions to regulator (RBI) ensuring integrity, completeness and accuracy on timely basis
  • Review and monitor daily capital adequacy and liquidity position as per RBI norms
  • Prepare and report quarterly disclosures ensuring adherence to Basel Pillar III guidelines
  • Keep abreast of the RBI notifications and regulatory developments taking place in form, procedure and method of reporting to RBI
  • Preparation of financial statements as per India GAAP / IND AS and RBI guidelines along with relevant notes and disclosures
  • Preparation of inputs required for various reviews including RBI inspection and Statutory Audit
  • Perform regular reviews and deep dive analysis of the legal entity P&L and Balance Sheet.
  • Produce monthly results, variance analysis and business commentaries for the AEBC Board and Senior Management
  • Maintain adequate controls, documentation and audit trails to comply with US GAAP / IGAAP and internal accounting and close process policies and procedures
  • Work closely with technology teams and assist in automation of regulatory reports and financial statements submitted to RBI 3-5 years of experience in regulatory/financial reporting and statutory audits
  • Self-motivated individual, results driven and ability to perform multiple tasks, work to strict deadlines and prioritize tasks
Academic Background:
  • CA or CPA with strong financial accounting / reporting background incl. IGAAP / USGAAP / IND AS (IFRS)
  • An analytical bent of mind with a positive attitude is a must to survive in a dynamic environment requiring high levels of collaborations
Functional Skills/Capabilities:
  • Familiar with banking industry and RBI regulatory environment
  • Well versed with basic accounting practices
  • Accounting Rules and practices
  • Awareness on financial statements and disclosures of Banks
  • Ability to assess and reconcile general ledger with sub ledger
Technical Skills/Capabilities:
  • Strong knowledge of AMEX businesses, Finance and Reporting Systems
  • Proficient in MS Office - Word, Excel, PPT
Knowledge of Platforms:
  • Knowledge of Oracle, OBIEE, Essbase
  • Usage of various functions in Excel
Behavioral Skills/Capabilities:
Enterprise Leadership Behaviors
  • Set The Agenda: Define What Winning Looks Like, Put Enterprise Thinking First, Lead with an External Perspective
  • Bring Others With You: Build the Best Team, Seek & Provide Coaching Feedback, Make Collaboration Essential
  • Do It The Right Way: Communicate Frequently, Candidly & Clearly, Make Decisions Quickly & Effectively, Live the Blue Box Values, Great Leadership Demands Courage

American Express is an equal opportunity employer and makes employment decisions without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected 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.

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Deadline: 20-06-2024

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