Job
Description
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? Card & Merchant Accounting and Control (CMAC) team manages the accounting for $1.2 Tn of Card spend, Remittances and Merchant payments along with accounting for Incentives COE amounting to $2B. which includes accounting for Corporate Client Incentives, GNS Royalties, Merchant Rebates etc. and provide governance and oversight to unclaimed funds (Abandoned Property). The specific role is part of Abandoned Property COE and the team is responsible for Regulatory reporting, Compliance and governance of Abandoned Property Funds. The key responsibilities will include Monitor Month end P&L treatment, validations and ensuring accurate / timely completion and GL Posting Monthly review of ABP ledgers completeness, accuracy and operational aging analysis Governance of ABP Ledger - global master file maintenance, Updating of rules, product, ownership and upload into automated Tableau database Monthly TB / GL review, New accounts set up / Treatment rule set up / matching rules set up in IRIS MU Liaison with upstream operations teams to ensure relevant data collation required for escheatment filing and final due diligence for applicable markets. Escheatment Reporting – Preparation, filling and related accounting Escheatment Reporting - related Sub Ledger support preparation / uploads / reconciliation in IRIS MU Past Experience: B.Com / Or Specialization In Commerce Stream With 0-2 Years Of Experience. Should Not Be Currently On A Staging Post Assignment Qualifications Must Have Good System Skills Viz. MS Access, Excel And Main Frame System. Must Have Good Communication, Interpersonal Skills And Be An Effective Team Player Must Have Sound Written / Oral Communication Skills Technical Skills/Capabilities: Must Have Good System Skills Viz. MS Access, Excel And Main Frame System. 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.
