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Financial Analyst I, FOAA Cash accounting

Amazon

Financial Analyst I, FOAA Cash accounting

Amazon

Bengaluru, KA, IND

·

On-site

·

Full-time

·

1mo ago

Benefits & Perks

Stock options

401(k) matching

Development budget

Salary and bonus

CPA reimbursement

Equity

Required Skills

Oracle

SAP

Excel

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 Finance Analyst to support Cash Accounting team.
Key job responsibilities

  • The Financial Analyst responsibilities include month end activities and ensure proper review of account balances for Amazon, preparation and review of monthly/quarterly/annually reconciliations and balance sheet and P&L analysis.
  • This position will support the management in all aspects of financial accounting, reporting systems, procedures and policies.
  • This position will also play an important role in promoting systems/process development within department to ensure ongoing efficiency and control improvements. The successful candidate will have a strong desire in innovating processes and exceed expectations in a dynamic, fast-paced environment, primarily driving innovation on behalf of our customers.
  • Performing month end activities that include closing of sub ledgers, general ledger account reconciliations, reporting and balance sheet account analysis.
  • Ensure appropriate financial policies, procedures, and internal controls are in place, documented, and operating as intended.
  • A day in the life
  • Responsible for ensuring the successful completion of close activities, ranging from data entry and ledger entry to deliverables review.
  • Prepares and reviews complex account reconciliations, financial analyses, and deliverables
  • Acts independently to lead and complete projects with complex objectives.
  • Understands the relevant accounting principles and can communicate the application of GAAP to peers and business partners.
  • Works independently to identify and execute projects and process improvements to enhance efficiency.
  • The successful candidate will report into a Finance Manager. This will include working with central accounting, finance operation and Global financial teams to ensure we have a controlled accounting process to do month end accounting and reporting activities in a manner fitting with our "Customer Obsession", “Deliver Results” and “Insist on Highest Standard” philosophy.
    About the team
    FOAA Cash accounting team is primarily responsible to prepare the bank reconciliations based on the input from bank statement and ensure all the bank transactions are posted in GL. The postings include entries recorded by various teams such as Account payable, Account receivable, Payroll, Order to Cash, Payment team etc. These transactions are interfaced from their respective sub-ledger to General ledger. Cash team performs the reconciliations to ensure all the transactions from several streams are posted and accounted in GL.

Basic Qualifications

  • Experience using data to influence business decisions
  • Experience in corporate finance including budgeting/planning, forecasting and reporting
  • CA with 0-4yrs of post-qualification experience in Month end closing of Books of accounts / working on various Sub-ledgers / Accounting Knowledge / Balance sheet Reconciliation & Reporting activities

Preferred Qualifications

  • Experience demonstrating problem solving and root cause analysis
    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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About Amazon

Amazon

Amazon

Public

Amazon.com, Inc. is an American multinational technology company engaged in e-commerce, cloud computing, online advertising, digital streaming, and artificial intelligence.

10,001+

Employees

Seattle

Headquarters

Reviews

2.9

10 reviews

Work Life Balance

2.8

Compensation

3.7

Culture

2.5

Career

2.3

Management

2.1

35%

Recommend to a Friend

Pros

Good pay and compensation

Strong benefits package

Flexible scheduling options

Cons

Poor management and leadership

Limited growth and promotion opportunities

High stress and demanding work environment

Salary Ranges

2 data points

L2

L3

L4

L5

L6

L2 · Venture Capitalist L2

0 reports

$154,235

total / year

Base

$61,694

Stock

$77,118

Bonus

$15,424

$107,965

$200,506

Interview Experience

10 interviews

Difficulty

3.7

/ 5

Duration

21-35 weeks

Offer Rate

20%

Experience

Positive 10%

Neutral 10%

Negative 80%

Interview Process

1

Application Review

2

Recruiter Screen

3

Online Assessment

4

Technical Phone Screen

5

Onsite/Virtual Loop

6

Team Matching

7

Offer

Common Questions

Coding/Algorithm

System Design

Behavioral/STAR

Leadership Principles

Technical Knowledge