Financial Analyst AP Finops Recon

Job Description

  • Job Title Financial Analyst AP Finops Recon

Required Skills

Certifications

Experience

Description

DESCRIPTION Job summary
Amazon is looking for a smart, motivated, and driven Financial Analyst to join the Finance Operations Global Programs Org. Cash applications and related reconciliations has been a critical driver impacting revenue recognition, financial statements and the overall Procure to Pay process, the individual joining this position would require a deep understanding of the AP and AR functions impacting cash and end to end accounting, high judgement, focus on speed and accuracy, and an ability to balance customer experience with financial impact; the position also offers broad exposure to various business and technical teams within Amazon as well as the unique visibility to cross functional work such as AP /AR/Banks and FOAA on day to day basis.
The successful candidate will have a passion for working around data and systems including financial accounting, cash applications , accruals and reporting and driving improvements in existing solutions and process. You need have a strong attention to detail and a passion for providing reports and other business intelligence that is timely, accurate, and actionable and work with the global finance teams and external teams including banks and technology groups. You are comfortable analyzing data from multiple sources to create strategic recommendations in a thoughtful, concise manner and obtaining organizational buy-in at senior levels and are well-organized, can manage multiple analyses/projects simultaneously, and is intellectually curious.

Responsibilities include-

Daily deep dives and identification of AP cash receipts and applying them on a timely manner including accounting and adherence to the related policies.
Working with Accounting/FOAA teams to close the open cash entry and journalizing them in the financials.
Network with Fincom and related teams including Bank/AR/AP and drive the appropriate action to close unapplied cash and improve on the TAT and increased controllership over cash receipts.
Support month end/quarter end cash flows and cash in transit from fin-ops stand point.
Enhance the debit balance net off program and support expansion of the program globally.
Developing detailed reviews and reconciliations between vendor statements and Amazon payments and bank accounts.
Working with internal teams, e.g., accounting, to make sure Amazon financials are correct and accurate.
Engage with vendor managers and internal teams to streamline business processes and operations to reduce vendor friction while maintaining exceptional Amazon controllership.
Develop processes and controls around direct debits and understand process risks and suggest mitigating controls and support bank migrations.
Support and enhance financial measurements and reporting systems including pro- active reviews of account health and goals.


BASIC QUALIFICATIONS

4 years of experience in Accounts Payable (AP)
Experience interpreting data to make business recommendations


4 years of professional experience in process improvement activities, e.g., six sigma related projects and methodologies
Accounting/Bank reconciliation experience and understanding of cash applications.
AP/AR and accounting knowledge
Any technical analytic tool knowledge
Oracle or other ERP financial systems knowledge


PREFERRED QUALIFICATIONS

4 years of professional experience in process improvement activities, e.g., six sigma related projects and methodologies
Accounting/Bank reconciliation experience and understanding of cash applications.
AP/AR and accounting knowledge
Any technical analytic tool knowledge
Oracle or other ERP financial systems knowledge


Job details

IN, KA, Bengaluru


Accounting


Finance and Accounting
   
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