
Financial Analyst I
About the role
GAR is seeking a Finance Specialist to join our Credit Note Processing operations. The ideal candidate will lead end-to-end credit note processing, manage un-applied credit notes for European marketplaces, Perform statement reconciliations , resolve disputes ,drive system enhancement initiatives, and optimize processes while ensuring compliance with regional VAT requirements
Key job responsibilities
- Process and reconcile credit notes while ensuring compliance with regional VAT requirements
- Drive continuous improvement initiatives for auto-credit notes functionality to enhance First Pass Yield performance
- Download and review vendor statements and Determine CN status (Received, Partial, or Missing) for each vendor.
- Send professional email communications to vendors requesting CN submissions for eligible Debit Notes
- Develop and maintain Business Review Documents for system enhancements, including credit note submission capabilities through Vendor Central Web
- Create and review UAT and PVT scripts, oversee test execution and authorize production deployments
- Monitor and optimize credit note processing turnaround times
- Support E-invoicing tax regime implementation across European countries through process re-engineering and control enhancement
- Lead process optimization initiatives to improve operational efficiency and reduce manual interventions
- Collaborate with Collections team to reduce aged un-applied balances
- Analyze reports and reconcile large volumes of data, communicating results to management
- Assist in resolving vendor escalations and provide timely resolution
- Maintain effective communication with internal and external stakeholders to identify issues and propose solutions for long-term process sustainability
Basic Qualifications
- Bachelor's degree in finance, accounting or related field
- • 5+ years of experience in Accounts Payable /Accounts Receivables with at least 2 years in Cash Applications
- • Proficient in SAP and Oracle Financial systems
- • Advanced Microsoft Excel skills (vlookup, pivot tables, macros) and Microsoft Office Suite
- • Excellent negotiation, interpersonal, verbal and written communication skills
- • Fluent in English and Spanish (C1 level or higher)
- • Proven instances in identifying and driving process improvements and operational efficiency projects
Preferred Qualifications
- Experience with automation and any version control tools, or experience that includes strong analytical skills, attention to detail, and effective communication abilities
- Professional certification (ACCA, CIMA, or equivalent)
- • Knowledge of European VAT regulations
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Required skills
Financial reconciliation
Accounts operations
Excel
Process analysis
VAT compliance
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Hyderabad
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