Bangalore, IND
1 day ago
Senior Manager, FOAA, Amazon, FinOps Accounting and Analysis (FOAA)
Description Finance Operations Accounting & Analysis (FOAA) performs accounting and financial planning & analysis services, and our primary customers are Finance Operations, Central Accounting and other FGBS teams. Our vision is to create a world-class Accounting and Finance organization that raises the controllership bar, fosters continuous improvement, builds scalable processes and intelligent tools to support financial reporting and our partners’ strategic decision-making, and lowers the company’s cost structure. We have three primary missions: 1) perform accounting and finance activities for our Accounting and Finance business partners at the highest level of controllership, 2) drive additional scale and productivity by optimizing and automating processes, and 3) lower the company’s cost structure by transitioning accounting and finance work from high to low-cost geographies. The Senior Finance Manager in FOAA leads Accounting function for retail accounting for large India Sellers in a dynamic business (quick commerce) and evolving Indian regulatory (Goods and Service Tax- GST and proposed Direct Tax Code) environment. These sellers contribute significantly to A.in operations. The SFM ensures accurate and timely financial closing, reporting and statutory audit of end-to-end retail accounting of sellers, complying with generally accepted accounting principles The role is also responsible for Balance Sheet (B/S) reconciliations and substantiation of Balance Sheet (B/S) accounts and Accounting support activities. The SFM also leads FOAA’s engagement with Amazon Pay and India Ops finance covering reconciliations and reporting activities for over 3 million daily transactions across various payment gateways for domestic, import and export transactions on A.in. This role is responsible for maintaining high Controllership standards on forecast for Driver counts (e.g. 3 Year Forecast and other operating plan- OP1/OP2, R&O). The role partners with central Accounting and Business teams to enhance controllership by minimizing sub optimal projects and providing remediation. The role supports Accounting Directors and Senior leaders, by helping to define the vision for the team through 3 year planning driving and supporting improvements, automation, efficiency and delivering productivity. Key job responsibilities People: The role holder will manage a high performing team of ~30 qualified accountants. The role develops the team through effective mentoring, timely feedback, performance management and strategic project assignments. Assist with the selection and hiring process managers for the accounting team. Process: The role, will lead CFO level goals to drive productivity, operational excellence to improve global process consistency and demonstrate invent and simply through eliminate- automate- optimize The Role holder supports in planning and organizing resources to perform routine and scheduled functions. They will focus on general ledger activity, daily posting process, timely month-end closing process and reconciliation of general ledger accounts. Technology: The role partners with FOAA ACES,PMO and various Tech teams to drive culture of innovation by identifying key areas to drive productivity and improve global consistency through standardization of processes through Business Process Re-Engineering (BPR) workshops. Stakeholders: The role collaborates with Seller controllership, Central accounting, India Store finance, Operations finance, and various Amazon technology teams to deliver high velocity, strategic and scalable projects Basic Qualifications - 14+ years of positions that require analysis and reporting financial results experience - Experience in accounting management in Big Four with Fortune 500 clients - Experience directly managing and leading a team of 10+ members - Chartered Accountant (CA) Preferred Qualifications - CMA, or CPA Our inclusive culture empowers Amazonians to deliver the best results for our customers. If you have a disability and need a workplace accommodation or adjustment during the application and hiring process, including support for the interview or onboarding process, please visit https://amazon.jobs/content/en/how-we-hire/accommodations for more information. If the country/region you’re applying in isn’t listed, please contact your Recruiting Partner.
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