Manager-Controller

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.

Function Description:

FX Controllership is part of The GTC Middle Office team, a savvy bunch of colleagues who enjoy combining accounting and treasury transaction knowledge and expertise to deliver best in class Fx advisory and Middle Office support. The team literally sits in the “Middle” of the transaction lifecycle and is involved in virtually all facets of a transaction, commencing Transaction Advisory, Exposure spotting, hedging, Accounting and Reporting. This group also provides Fx advisory on M&A projects, dissolutions, corporate restructuring, and capital decisions.

Purpose of the Role:

The Fx Controllers group is responsible for identifying and hedging the Company’s ~$14 Billion foreign equity exposure and $25 Billion foreign transaction exposure, in partnership with the Global Treasury Organization. This entails monitoring the end-to-end Foreign Exchange life cycle, commencing Exposure identification & hedging strategy to mitigate the market risk, technical support on US GAAP accounting advisory, including the monitoring and computation of Media Gains or Cross border spread revenue. The manager will lead a team of professionals and works closely with the broader Treasury organization, Tax, Controllership and LFOs to provide superior class leading Fx and hedging advisory.

Responsibilities:

• Lead a team with responsibility over identifying and hedging the Company’s foreign equity exposure and foreign transaction exposure

• Ensure timely closure of daily & month end activities

• Provide strategic direction and thought leadership for team of analysts with a view to drive maximum efficiency and effectiveness and deliver measurable results

• Build technical subject matter expert in FX accounting and hedge strategy

• Provide leadership on special projects as needed

• Ensure the team maintains a strong control framework in compliance with Global policy, SOX and AXP guidelines and other regulatory requirements

• Works closely and cross functionally with large and diverse set of business partners to deliver best-in-class treasury support, including maintaining effective and open communication

Critical Factors to Success:

• Strong general accounting knowledge and operational leadership. Knowledge of AXP consolidation systems and reporting tools will be a plus. Knowledge of technical areas of ASC 830 (FAS 52) related to currency Remeasurement & Translation and ASC 815 (FAS 133) related to FX Hedge Accounting would be an advantage

• Ability to effectively manage a team of analysts

• Strong analytics, attention to details and problem-solving skills, with ability to connect business drivers

• Strong collaborative and relationship building skills and proven ability to effectively influence senior finance and business stakeholders

• Digital mindset to automate and improve processes

• Strong communication and strategic thinking with demonstrated ability to lead change management initiatives

• Ability to manage time and effectively prioritize multiple tasks under tight deadlines

• Strong will to win; a self-starter, effective in working independently

Experience and Qualification:

• Candidate should be a qualified Chartered Accountant or CPA with 6-15 years of work experience

• Extensive knowledge of Microsoft office tools (Power BI/Query, Excel, PowerPoint, Word, etc.)

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.