American Express Careers

Manager- Derivatives & Hedging - Global Treasury Controllership

New York, New York
Finance

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Job Description

The Manager- Derivatives & Hedging - Global Treasury Controllership is part of the American Express Global Controllership Organization. GTC plays a significant role in the external reporting for the Company including, SEC and Bank Holding Company filings, earnings releases, earnings supplements, and investor presentations/analysis.
 
This role is responsible for assisting in ensuring appropriate and consistent accounting and reporting for the Company’s derivatives portfolio, which includes:
  • Providing accounting guidance to business unit controllership teams and Treasury
  • Monitoring and application of emerging US GAAP related to derivative accounting & valuations
  • Quarterly analysis and reporting of derivative activities to SEC and the FED
  • Lead or support various derivatives related projects
 
Responsibilities Include:
  • Assisting in providing ongoing subject matter expertise on Accounting and reporting for derivative transactions under ASC 815.
  • Assisting in providing ongoing subject matter expertise on Foreign currency transactions under ASC 830.
  • Assisting in providing ongoing subject matter expertise on Fair value measurements under ASC 820.
  • Assisting in providing ongoing subject matter expertise on other comprehensive income especially in relation to cumulative translation adjustment.
  • Assisting in ensuring compliance with hedge accounting, including hedge documentation, effectiveness assessment and ineffectiveness measurement under ASC 815.
  • Performance of detailed analysis of market impacts on the derivative portfolio.
  • Preparation/review of footnotes for AXP and major legal entities' financials, review and compilation of MD&A disclosures, and detailed review of related regulatory filings.
  • This position will work closely with Treasury’s global liquidity, exposure management, valuation, external reporting and global accounting policy groups.
  • The individual filling the role must also build successful relationships with business partners (e.g. Treasury, Financial Reporting, Investor Relations, 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

  • 5-7 years experience in finance and accounting – experience in Big 4 preferred
  • Good understanding of US GAAP (ASC 815, 820 and 830) and regulatory requirements for Bank Holding Companies
  • Good collaborative, relationship building experience
  • Excellent communication and organizational skills
  • Experience in Treasury/Treasury Controllership and/or knowledge of capital markets is a plus
  • Bachelors Degree in Accounting or Finance; CPA preferred
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: 19002662
Schedule (Full-Time/Part-Time): Full-time
Date Posted: Feb 11, 2019, 12:22:52 PM
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