Senior Manager, FOAA, Amazon, FinOps Accounting and Analysis (FOAA)
Amazon
5 - 10 years
Bengaluru
Posted: 11/19/2024
Job 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 Global Capex and Leasing.
The role is responsible for on
- time and accurate Balance Sheet (B/S) reconciliations and substantiation of Balance Sheet (B/S) accounts and Accounting support activities with a monthly B/S value of ≈$4B.
This role is responsible for maintaining high Controllership standards on forecast for Driver counts (e.g.
3YF, 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 multiple Central Accounting Directors and Senior leaders, by helping to define the vision for the team through OP1/OP2 cycles, 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, as part of the S
- Team goal to mitigate significant deficiencies in Capex and Leasing, partners with Central Accounting to implement controls from action items identified.
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 FOAA Site Leads (SL’s) to standardize the Capex and Lease processes across the globe.
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
About Company
Amazon is a multinational technology and e-commerce company founded by Jeff Bezos in 1994. Initially focused on selling books online, it quickly expanded into a broad range of products and services, including electronics, cloud computing (via Amazon Web Services), streaming, and artificial intelligence. Amazon has revolutionized online shopping with fast delivery, personalized recommendations, and a subscription service called Amazon Prime. It is one of the world's largest and most valuable companies, with a significant impact on retail, technology, and logistics.
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