Finance Manager - FOAA OpEx, Finance Operations, Accounting & Analysis
Amazon.com
Amazon is a US-based multinational electronic commerce company headquartered in Seattle, Washington. Amazon.com started as an online bookstore, but soon diversified into many other categories, with a vision to be earth's most customer-centric company & to build a place where people can come to find and discover anything they might want to buy online.
Amazon's Finance Operations, Accounting & Analysis (FOAA) team is a fast-paced, team-focused, dynamic environment and delivering great experiences for our customers is top priority. FOAA is seeking a Group Finance Manager to support our Global Finance Business Services Accounting organization. Finance Business Services is a fast-paced group within Amazon where new challenges arise every day. This position will partner with Global Operations and Accounting teams to identify areas of Controllership risk, compliance risk, and related financial accounting impact.
The ideal candidate is a highly proactive self-starter with a strong technical accounting background, problem solving skills and attention to detail who will take ownership and drive positive change including evaluating and streamlining existing operational and accounting processes, controls and metrics. This role has regular interaction with various business units across Amazon and requires strong interpersonal and communication skills.
Responsibilities include:
1. Working closely with the accounting and finance teams to evaluate monthly results. Identifying unusual variances and performing deep dive to identify business drivers.
2. Highlighting accounting improvement opportunities on specific processes and accounts and partnering with operations and accounting teams to implement
3. Coordinating with operations and accounting teams in Europe, Asia and other locations and collaborating directly to ensure strong communication, reporting, and best practices are identified, implemented and followed
4. Influencing business decisions with effective verbal and written communication, data driven analysis and presentation of alternatives
5. Working closely with the projects and business teams, provide comprehensive accounting requirements and ensure engagement for a successful project launch
6. Effectively maintaining communication with internal and external business partners
7. Manage team performance. Establish goals & align with Leadership goals and ensure manager/team goals are reviewed regularly. Demonstrate ability to hire, identify opportunities for employee development through internal rotations , measure performance and promote team members
8. Drive integration and technology solutions for your process area independently
9. Identify and plan Training interventions for the team, on building understanding and knowledge on relevant Policies, standards and frameworks
Key job responsibilities
The role holder leads Operating Expenses (OpEx) Accounting function in FOAA. The role holder is responsible for on-time and accurate reconciliation of ~60K Balance Sheet (B/S) accounts and ~500K Accounting Support activities (including ~82% high risk ranking B/S accounts) with an average monthly B/S value of ~$6.0B (Growth of 150% in past 3 years). The role partners with Central Accounting on B/S Account reconciliations, journal entries, reporting, and analysis of Prepaid Assets and Accruals. The team consists of six Blue Badge employees supporting Accounting activities for OpEx globally.
The role holder embrace working in areas outside of their direct scope and drive and manage deliverables independently. The role holder identifies, resolves or provide guidance on the resolution of data integrity issues and controllership risks and work cross-functionally to implement controls and embed solutions across teams. The role supports multiple Central Accounting Directors and Senior Managers from OpEx Accounting.
The role holder is required to expand the scope of activities of their processes through transition of new activities relating to month close and B/S reconciliations from Central Accounting. This requires collaborating with business partners, Central Accounting teams and FOAA Service centers. The role holder influences Senior leaders of Central Accounting team, FinOps Services and various technology teams to resolve accounting / operational / technology issues and find ways to improve the quality of B/S reconciliations. The role holder partners with these teams to invent and/or improve processes, reports, or tools that scale, automate, or improve the integrity of the processes.
The role supports automation, drives standardization and process improvements through simplification and adoption of tools and technology. This role collaborates with Global Functional Leaders (GFL) to drive
standardization of processes by implementing tools like MACE, Alteryx, QuickSight.
The role leads a team of 6 members and is required to recruit and hire for team. The responsibilities include establishing goals, assessing performance, developing and promoting team members. The role holder is required to mentor and support more junior team members.
The role holder is responsible to lead customer engagement meetings and prepare narratives to present to eight Central Accounting directors and multiple Senior Managers. The role adjusts the communication based on the audience, and owns the daily update on Month End Close (MEC). The role earns trust by providing relevant insights that drive results, and ensures strong communication to develop effective working relationships with Central Accounting Leaders.
Amazon's Finance Operations, Accounting & Analysis (FOAA) team is a fast-paced, team-focused, dynamic environment and delivering great experiences for our customers is top priority. FOAA is seeking a Group Finance Manager to support our Global Finance Business Services Accounting organization. Finance Business Services is a fast-paced group within Amazon where new challenges arise every day. This position will partner with Global Operations and Accounting teams to identify areas of Controllership risk, compliance risk, and related financial accounting impact.
The ideal candidate is a highly proactive self-starter with a strong technical accounting background, problem solving skills and attention to detail who will take ownership and drive positive change including evaluating and streamlining existing operational and accounting processes, controls and metrics. This role has regular interaction with various business units across Amazon and requires strong interpersonal and communication skills.
Responsibilities include:
1. Working closely with the accounting and finance teams to evaluate monthly results. Identifying unusual variances and performing deep dive to identify business drivers.
2. Highlighting accounting improvement opportunities on specific processes and accounts and partnering with operations and accounting teams to implement
3. Coordinating with operations and accounting teams in Europe, Asia and other locations and collaborating directly to ensure strong communication, reporting, and best practices are identified, implemented and followed
4. Influencing business decisions with effective verbal and written communication, data driven analysis and presentation of alternatives
5. Working closely with the projects and business teams, provide comprehensive accounting requirements and ensure engagement for a successful project launch
6. Effectively maintaining communication with internal and external business partners
7. Manage team performance. Establish goals & align with Leadership goals and ensure manager/team goals are reviewed regularly. Demonstrate ability to hire, identify opportunities for employee development through internal rotations , measure performance and promote team members
8. Drive integration and technology solutions for your process area independently
9. Identify and plan Training interventions for the team, on building understanding and knowledge on relevant Policies, standards and frameworks
Key job responsibilities
The role holder leads Operating Expenses (OpEx) Accounting function in FOAA. The role holder is responsible for on-time and accurate reconciliation of ~60K Balance Sheet (B/S) accounts and ~500K Accounting Support activities (including ~82% high risk ranking B/S accounts) with an average monthly B/S value of ~$6.0B (Growth of 150% in past 3 years). The role partners with Central Accounting on B/S Account reconciliations, journal entries, reporting, and analysis of Prepaid Assets and Accruals. The team consists of six Blue Badge employees supporting Accounting activities for OpEx globally.
The role holder embrace working in areas outside of their direct scope and drive and manage deliverables independently. The role holder identifies, resolves or provide guidance on the resolution of data integrity issues and controllership risks and work cross-functionally to implement controls and embed solutions across teams. The role supports multiple Central Accounting Directors and Senior Managers from OpEx Accounting.
The role holder is required to expand the scope of activities of their processes through transition of new activities relating to month close and B/S reconciliations from Central Accounting. This requires collaborating with business partners, Central Accounting teams and FOAA Service centers. The role holder influences Senior leaders of Central Accounting team, FinOps Services and various technology teams to resolve accounting / operational / technology issues and find ways to improve the quality of B/S reconciliations. The role holder partners with these teams to invent and/or improve processes, reports, or tools that scale, automate, or improve the integrity of the processes.
The role supports automation, drives standardization and process improvements through simplification and adoption of tools and technology. This role collaborates with Global Functional Leaders (GFL) to drive
standardization of processes by implementing tools like MACE, Alteryx, QuickSight.
The role leads a team of 6 members and is required to recruit and hire for team. The responsibilities include establishing goals, assessing performance, developing and promoting team members. The role holder is required to mentor and support more junior team members.
The role holder is responsible to lead customer engagement meetings and prepare narratives to present to eight Central Accounting directors and multiple Senior Managers. The role adjusts the communication based on the audience, and owns the daily update on Month End Close (MEC). The role earns trust by providing relevant insights that drive results, and ensures strong communication to develop effective working relationships with Central Accounting Leaders.
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