Senior Analyst, Financial Accounting

Job Description

Company Description

Visa is a world leader in digital payments, facilitating more than 215 billion payments transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories each year. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive.

When you join Visa, you join a culture of purpose and belonging – where your growth is priority, your identity is embraced, and the work you do matters. We believe that economies that include everyone everywhere, uplift everyone everywhere. Your work will have a direct impact on billions of people around the world – helping unlock financial access to enable the future of money movement.

Join Visa: A Network Working for Everyone.

Job Description

The Client Incentive Operations team is responsible for managing Client Incentive agreements. The team determine the accounting treatment of the incentives in accordance with US GAAP and ensure compliance with contractual terms on executed Client Agreements. This includes assessment of any contingent liability clauses. The team manages lifecycle events associated with executed contracts such as building financial models to calculate incentive accruals, processing payments and processing contract renewal. The process is highly complex, bespoke and requires significant interactions with other teams such as Deals, Client Incentive Market Specialists and Account Executives

Responsibilities will include the ‘build’ of complex and unique contractual terms in Oracle Revenue Management & Billing system (ORMB) or Excel, calculating payments due to clients and calculating quarterly true-ups for accruals held.

What we expect of you, day to day.

• Manages the build of new contracts and amendments in ORMB and Excel
• Manage monthly payment cycle – calculating amounts due and administer payments
• Perform true-up calculations on a quarterly basis
• Build and maintain relationships with Client Incentives Front Office, Contract Management and Account Executives as is necessary
• Ensure liabilities are represented in financial and management accounts as part of the month/quarter end process, for both US GAAP and IFRS books
• Provides support during internal and external audit in relation to Client Incentive processes
• Manage tight deadlines and support overall team priorities to ensure Europe meets the global deadlines
• Support process improvement initiatives to optimize team activities
• Any other ad-hoc requests as considered necessary

This is a hybrid position. Hybrid employees can alternate time between both remote and office. Employees in hybrid roles are expected to work from the office two days a week, Tuesdays and Wednesdays with a general guidepost of being in the office 50% of the time based on business needs.

Qualifications

What we’re after...
• Inquisitive, strong attention to detail with the ability to deliver work to a high level of accuracy.
• Demonstrated experience with the preparation of complex accounting tasks, with input from multiple sources and involving complex calculations
• Strong understanding of financial control principles and ability to apply them to work performed to reduce error rate
• Advanced Excel skills
• Qualified accountant
Qualifications:
• Inquisitive, strong attention to detail with the ability to deliver work to a high level of accuracy.
• Demonstrated experience with the preparation of complex accounting tasks, with input from multiple sources and involving complex calculations
• Strong understanding of financial control principles and ability to apply them to work performed to reduce error rate
• Advanced Excel skills
• Part Qualified/Qualified accountant

Additional Information

Visa is an EEO Employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability or protected veteran status. Visa will also consider for employment qualified applicants with criminal histories in a manner consistent with EEOC guidelines and applicable local law. Sorry, this job has expired Sorry, this job has expired Privacy Policy Cookies Settings