What Is Amazon Finance ? What Are The Financial Resources Of Amazon ?

ADVERTISEMENT

Making Sense Of The Dollars

Unless you work at Amazon, however, where it involves knowing the numbers plus a lot more, finance is all about the numbers. We deliver fresh concepts and solutions thanks to our enthusiasm, dynamism, and diversity of viewpoints. Do you see challenges as treasures, and are you prepared to go to great lengths to find solutions and produce outcomes? Will you be willing to question the status quo and face the possibility of daily scrutiny of your concepts and workings? At Amazon, we move swiftly and with purpose, and this necessitates collaborating with a dynamic network of partners from various industries. To guarantee that our leaders receive the most recent and trustworthy information to assist them make the best decisions, we educate others about finance and serve as trusted consultants for every aspect of data and communication. The challenges we take on span multiple industries and functions across our many businesses and acquisitions, all powered by the same mission—to be Earth’s most customer-centric company.

Amazon's the finance team is essential to maintaining the business's financial stability, managing resources, and optimising shareholder value. One or more of Google the finance department's primary roles and responsibilities might be:

  1. Financial Planning and Analysis: This involves forecasting and budgeting, analyzing financial performance, and providing insights to support strategic decision-making. The finance team assesses the financial impact of various initiatives, projects, and investments to drive profitability and growth.
  2. Financial Reporting: Amazon Finance prepares and presents financial statements and reports to internal and external stakeholders, including investors, regulatory bodies, and auditors. They ensure compliance with accounting standards, regulations, and disclosure requirements.
  3. Risk Management: The finance department assesses and manages financial risks associated with Amazon's operations. This includes monitoring and mitigating risks related to foreign exchange, interest rates, credit, investments, and other financial variables.
  4. Capital Allocation: Amazon Finance is involved in capital allocation decisions, determining how the company's financial resources are allocated across various business segments, investments, and growth initiatives. This includes evaluating potential acquisitions, capital expenditures, and other strategic investments.
  5. Treasury and Cash Management: The finance team manages cash flow, liquidity, and capital structure. They optimize working capital, oversee cash management activities, debt financing, and investment of excess cash reserves.
  6. Investor Relations: Amazon Finance maintains relationships with investors and financial analysts. They provide financial information, respond to inquiries, and communicate the company's financial performance, strategy, and outlook.
ADVERTISEMENT

Learn about our corporate teams:

Learn about our business unit finance teams:

Learn more about Finance and Diversity at Amazon:

DESCRIPTION

We are looking for a Senior Financial Analyst to join our Accounting team and make a significant contribution. This person will be based in London and will play a significant role in the UK and global accounting teams. The ideal applicant for this role will have experience in duties linked to internal controls and financial reporting.

In support of the UK operations, the job is in charge of the controllership and accounting function. With the participation of numerous stakeholders in various places, the accounting flows are managed by several different legal organisations.

In addition to the accounting and reporting duties, the person will direct worldwide projects and create best practises for processes and controllership. They will also coordinate policy implementation with the financial leadership team, which is based out of several Amazon offices across the world.

Candidates for this position will have held management or supervisory positions in businesses with annual revenues of less than $1 billion, have held manager-level positions with Fortune 500 clients at one of the Big Four Public Accounting Firms or an equivalent organisation, or have held manager-level positions in large public companies. Candidates must show that they were the best performers in their level.

ADVERTISEMENT

Scope / key responsibilities:

Supporting the Global Accounting function, this position has a mix of operational and project based new business accounting responsibilities including but not limited to:

  1. Reprizing the Accounting group
  2. Creation of numerous outputs, such as analytical commentary and supplemental financial analysis for management and other stakeholders, to satisfy internal and external financial reporting requirements.
  3. Expert evaluations of financial statements
  4. Compiling and analysing monthly balance sheet account reconciliations.
  5. Direct accountability for enhancing the accounting procedures and checks for a business with a lot of transactions.
  6. Taking charge of certain month-end closure tasks, ensuring that deadlines are met, and looking for ways to enhance this procedure going forward.
  7. Actively taking part in the scoping, testing, and launch phases of cross-functional project launches.
  8. The obligation to work cooperatively on business integration projects with a range of stakeholders within the organisation, such as the administrative and technical teams.

BASIC QUALIFICATIONS

  1. ACCA, ACA, CIMA, or equivalent credentials are necessary, and relevant accounting experience (public accounting and a mix of industries are preferred)
  2. Exposure to operational accounting concepts of revenue, payables, receivables, payables, inventory, and procurement;
  3. demonstrated participation in milestone-driven projects;
  4.  strong desire to go above and beyond;
  5.  strong interpersonal, written, and oral communication skills; 
  6. strong organisational, project management, and information technology aptitude.

The best applicants will be skilled, seasoned professionals in finance or accounting who are enthusiastic about accounting and reporting and who are familiar with the specifics of a monthly close cycle, periodic financial reporting, and related analytical analysis.

Traits we are looking for in a candidate are a strong desire to exceed expectations, effective interpersonal skills; including persuasive written and oral communication, solid organizational skills, ability to assess and manage risk, and willingness to get into the details whilst also seeing and understanding the big picture.

PREFERRED QUALIFICATIONS

  1. An aptitude for information technology; 
  2. experience working in a fast-paced environment resembling a high-tech start-up; 
  3. strong interpersonal written and oral communication skills; 
  4. a natural organisational nature; excellent analytical skills;
  5. exposure to researching accounting conclusions and documenting support for conclusions reached.
ADVERTISEMENT

Post a Comment

Previous Post Next Post