Job Description
- Opportunity to Be a Part of Balance Sheet Assurance (BSA-S&B) GFO - Global Record to Report, Controllership, Global Finance Team in India
- The job will require colleagues to support BSA – Salary and Benefits function for one or more US and International markets being serviced from APAC - India.
- The successful candidate will require day-to-day interaction with Payroll Operations, Benefit Operations, Payroll Vendors, Market Colleague Partners, Controllership Teams, and other key stakeholders in the process.
Responsibilities
- Supporting end-to-end BSA – S&B functions for one or more US and International markets.
- End-to-end accounting of Salaries and Benefits (S&B), including ensuring the adequacy of all long- and short-term colleague-related liabilities, Net Pay, statutory liabilities, PIT, Social Security Cost, Garnishments, etc.
- Monthly Trial Balance Review to ensure accuracy and completeness of S&B bookings.
- Reconciliation of bank accounts, all regulatory liability accounts, employee loan & receivables accounts, suspense & clearing accounts, etc., in accordance with the Balance Sheet Account Reconciliations Procedure, including research and clearance of open reconciling items.
- Support maintaining a healthy status of Balance Sheet Reconciliations for accounts under BSA S&B ownership.
- Support the S&B Reporting process for the respective US and International markets, including Severance Reporting, Colleague Loan Reporting for BHC submission, Entity Responsibility Center Reporting to multiple Business Units, etc.
- Support US GAAP and Local GAAP audits for the Salaries and Benefits report line for the respective US and International markets.
- Support the GL workstream for all upstream Payroll & Benefit system changes and projects.
- Timely escalation of matters requiring leadership intervention.
- Independently liaise with Payroll Vendors and other key stakeholders, analyzing and resolving Salaries & Benefits-related critical issues to ensure seamless service delivery.
- Demonstrate strong problem-solving skills to ensure seamless accomplishment of day-to-day deliverables.
- Actively participate in process improvement initiatives and provide periodic status updates to the Leadership Team.
- Manage query resolution from various stakeholders.
Qualifications
Commerce Graduate with preferably 1+ years of experience in Finance and/or Financial Operations.
- End-to-end knowledge of Payroll & Benefit Operations, balancing and control accounting, and reconciliation knowledge will be an added advantage.
- Result-oriented with the ability to work independently.
- Strong problem-solving, analytical, conflict resolution, and facilitation skills.
- Proven ability to build and sustain relationships.
- Strong relationship orientation, with the ability to work effectively with cross-functional teams across multiple locations, shifts, and cultures.
- Strong oral and written communication skills.
- Strong team player.
- Ability to challenge the status quo and drive continuous improvement.
- Strong verbal, written, and presentation skills.
- Ability to multitask and work effectively under tight deadlines.
About Us
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. From delivering differentiated products to providing world-class customer service, we operate with a strong risk mindset, ensuring we continue to uphold our brand promise of trust, security, and service.
As part of Team Amex, you'll experience our 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.
About The Team
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.
