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Description

The Foreign Exchange (FX) Accounting team is responsible for managing global FX results and providing FX guidance for new business initiatives and system launches with FX implications. As Amazon operates in over 100 countries and manages approximately 1,100 currency pairs, the FX team handles diverse and complex FX matters, exposures, and system integrations.

The FX accounting team is looking for an Accounting Manager to perform certain monthly close duties and serve as a subject matter expert on FX accounting matters for cross-functional business stakeholders. This role will work with various accounting business teams (AWS, digital, store, payments, advertising, international accounting team, etc.) to understand each business initiative, assess FX implications, and provide FX requirements to avoid creating future technical debt.

The ideal candidate will thrive in a complex, high-growth environment, collaborating with teams such as accounting, Treasury, Tax, technology, and Corporate Reporting to provide FX guidance on projects involving FX implications. Strong oral and written communication skills are crucial, as well as the ability to think clearly, analyze quantitatively, problem-solve, scope business requirements, and prioritize.

Key job responsibilities
FX Subject Matter Expertise
• Serve as the primary FX accounting expert, providing guidance and requirements to accounting and technology teams
• Conduct US GAAP research to assess FX accounting implications for business initiatives as needed

Monthly Close & Financial Reporting
• Perform monthly close activities including reconciliations and journal entries
• Drive continuous process improvements in monthly close processes
• Support financial reporting processes and ensure accurate FX accounting treatment
• Research technical accounting issues and coordinate with the technical accounting team to develop and document accounting position papers as needed

Cross-Functional Collaboration & Process Improvement
• Partner with diverse business teams to understand new initiatives and assess FX implications
• Provide proactive FX guidance on projects to prevent future technical accounting challenges
• Escalate risks and issues to leadership with appropriate context and recommendations