American Express Careers

Finance Analyst - Foreign Exchange Center of Excellence

New York, New York
Finance

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Job Description


Organization –
 
The role is part of the Foreign Exchange Center of Excellence within the Global Treasury Controllership organization.
 
The Global Treasury Controllership organization is responsible for delivering expert consultancy and execution support on accounting, economic and operational matters related to US and international funding structures, interest rate risk hedging, foreign currencies and foreign exchange risk hedging.
 
The Foreign Exchange Center of Excellence has global responsibility for delivering expert consultancy and execution support to Global Treasury, Global Market Financial Controllers, US and Global Tax Controllers and the Business on accounting, economic and operational matters related to foreign currencies, foreign exchange risk, hedging strategy, hedging performance analysis, and hedging optimization related to:
  • Foreign equity investments, forecasted foreign earnings, foreign currency transactions, and foreign exchange gains/losses.
  • Current and proposed foreign equity investments mergers, acquisitions, restructures, sales, and disposals.Current and proposed international funding structures.
 
Responsibilities –
 
Business Advisory (~60%)
  • Advise on current and proposed foreign equity investments mergers, acquisitions, restructures, sales, and disposals.
  • Advise on current and proposed international funding structures.
  • Advise on ad-hoc transactions involving foreign currencies.
  • Support the evaluation of foreign exchange hedging strategies and alternative hedging instruments.
  • Support the implementation of an enhanced global foreign exchange exposure management platform.
  • Support the implementation of enhanced foreign exchange accounting practices in accordance with US GAAP.
 
Analysis and Reporting (~25%)
  • Monthly analysis and commentary of global foreign exchange exposures with business drivers.
  • Monthly analysis and commentary of global foreign exchange P&L and OCI gain/loss with underlying drivers.
  • Quarterly summary of foreign exchange exposures and gains/losses for Treasury and Controllership senior leadership.
  • Monitoring of foreign exchange markets spot and forward markets, and assessment of potential impacts to the Company.
  • Support quarterly derivative footnote and disclosures.
 
Compliance (~15%)
  • Support documentation efforts and relationships with internal and external auditors.
  • Support external reporting and compliance efforts.
  • Support the maintenance of foreign exchange global accounting policies.

 

Qualifications

Qualifications –
 
Required
  • 1-3 years' experience in a Finance, Accounting or Treasury role.
  • Excellent ability to communicate, collaborate, influence and build relationships in a global and multi-stakeholder environment.
  • Outstanding analytical skills with ability to extract key insights and strong attention to details.
  • Positive, flexible and can-do attitude, with robust work ethic and work ownership.
  • Advanced Excel and PowerPoint skills.
  • Bachelor's Degree in Accounting or Finance.
 
Preferred
  • Professional experience of US GAAP, with working knowledge of ASC 815, 820 and 830 highly desirable.
  • Knowledge of foreign exchange financial instruments (Spot, Forward, Non-Delivery Forward, Options) highly desirable.
  • Professional Accounting or Finance certifications (CPA, CFA, …).

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: 19000059
Schedule (Full-Time/Part-Time): Full-time
Date Posted: Jan 9, 2019, 9:16:14 AM
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