Manager-Controller (Abandoned Property)

American Express
Jun 17, 2024
Jun 23, 2024
Work Mode
Full Time
Organization Type
You Lead the Way. We've Got Your Back.

With the right backing, people and businesses have the power to progress in incredible ways. When you join Team Amex, you become part of a global and diverse community of colleagues with an unwavering commitment to back our customers, communities and each other. Here, you'll learn and grow as we help you create a career journey that's unique and meaningful to you with benefits, programs, and flexibility that support you personally and professionally.

At American Express, you'll be recognized for your contributions, leadership, and impact-every colleague has the opportunity to share in the company's success. Together, we'll win as a team, striving to uphold our company values and powerful backing promise to provide the world's best customer experience every day. And we'll do it with the utmost integrity, and in an environment where everyone is seen, heard and feels like they belong.

Join Team Amex and let's lead the way together.

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 is responsible for leading Regulatory reporting, Compliance and governance of Abandoned Property Funds.

The key responsibilities will include
  • Ensure timely and accurate regulatory reporting
  • Manage accounting, ensuring adherence and compliance to Policy
  • The incumbent will be responsible to assess for any upstream/downstream impacts integrated within the process through engagement with business partners (Global Servicing teams, Global Supply Management, Controllership and Technology etc)
  • Ensure that the health of the ABP accounts is maintained
  • This position will work in close collaboration with Legal and GCO groups to ensure regulatory and policy compliance is maintained
  • Establish, maintain & improve the efficiency and effectiveness of the processes
  • Advance his / her area of functional expertise and ensure that integrity and control is maintained
  • Perform consistent coordination and follow up with process team, Markets (Market Controllers & their teams), Operations & Technologies across various locations globally to ensure that ABP process is sustained and complied with

  • The incumbent should either be a Chartered Accountant or M.B.A with around 6 years of relevant post qualification experience or a B.Com (or equivalent) with minimum 10 years of relevant experience
  • Demonstrated leadership skills needed to create, develop, train, motivate and communicate with a diversified work force and promote diversity in all respects. Must have strong, proven people management skills. handling Cross functional, cross cultural teams, project management and co-ordination abilities
  • Should have the ability to think strategically and define what winning looks like
  • Must have strong accounting skills. Understanding of various AMEX finance practices will be an advantage
  • Must have the ability to influence outcomes and build strong relationships
  • Must have strong analytical skills, maturity, good judgment, positive / independent / structured approach and should be able to lead through innovation with a focus on continuous improvement
  • Strong communication and interpersonal skills and be able to interact with senior leadership, multiple employee levels /business partners/customers etc, Should be able to operate in a Global environment

We back our colleagues and their loved ones with benefits and programs that support their holistic well-being. That means we prioritize their physical, financial, and mental health through each stage of life. Benefits include:

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.