American Express Careers

Analyst - FX Reporting, Global Treasury Controllership

New York, New York
Finance

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Job Description

Analyst - FX Reporting – Global Treasury Controllership (GTC) is part of the American Express Global Controllership Organization. GTC provides accounting and reporting support to the Company’s Treasury functions including debt issuances and redemptions, purchases and sales of investment securities, derivative transactions aimed at managing risk exposure.

 

This FX Reporting analyst role supports the Manager – FX Reporting and is responsible for preparing reports and supporting analysis for use by management and external reporting.  The individual will be responsible for ensuring appropriate and consistent accounting and reporting for the Company’s FX balance sheet exposures and associated derivative portfolio.

 

Responsibilities Include:

 

Business Advisory:

  • Supports interactions with the Company’s Treasury team supporting new transactions impacting the Company’s Balance Sheet FX exposure to ensure appropriate accounting and reporting considerations are assessed as part of the transaction review process.
  • Supports interactions with the Company’s Global Accounting Policy and Advisory team and external auditors to support and drive accounting conclusions for new Treasury transactions.
  • Assisting in providing ongoing subject matter expertise on:
  • Foreign currency transactions under ASC 830
  • Other comprehensive income especially in relation to cumulative translation adjustment (CTA)
  • Accounting and reporting for FX derivative transactions under ASC 815
  • Fair value measurements under ASC 820

 

Quarterly Reporting:

  • Develop, build and enhance internal management reporting of FX transactions impacting the Company’s Balance Sheet.
  • This position will work closely with Treasury’s global liquidity, exposure management, valuation, external reporting and global accounting policy groups. Particular areas of focus include:
  • Balance Sheet, Net Investment and CTA reporting
  • FX special/structured transaction reporting
  • Forecasted P&L exposures including Revenues and Expenses
  • FX consolidation and forecasted P&L reporting
  • FX derivative reporting
  • Perform detailed analysis of market impacts on the Company’s Balance Sheet and FX derivative portfolio
  • The individual filling the role must also build successful relationships with business partners: Treasury, External Reporting, Legal and Tax.
  • Additional responsibilities include participation in various ad hoc projects, creating, updating and monitoring compliance with accounting policies in the Treasury area.

Qualifications

  • 1-3 years experience in finance and accounting – Big 4 experience preferred
  • Working understanding of US GAAP (ASC 815, 820 and 830) and regulatory requirements for Bank Holding Companies
  • Excellent communication and organizational skills, desire to collaborate and a focus on  relationship building
  • Experience in Treasury/Treasury Controllership and/or knowledge of capital markets is a plus
  • Bachelors Degree in Accounting or Finance required

Employment eligibility to work with American Express in the U.S. is required as the company will not pursue visa sponsorship for these positions.


ReqID: 18007584
Schedule (Full-Time/Part-Time): Full-time
Apply Get Referred