Financial Accountant, Revenue

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

If you think you could support Visa as a Financial Accountant, we want to hear from you – together, let’s make Visa a great place to work.

The Client Incentive Operations (CIO) team determines the accounting treatment of 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 also manages lifecycle events associated with executed contracts such as building financial models to calculate incentive accruals, processing payments and 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.

The team is part of the broader Revenue function within Visa Europe Controllership team

In addition to accounting and operational responsibilities, we are currently investing in our backoffice processes. The person will also support projects and support the development of best practices for Visa Europe and ensure global alignment.

• Manage new client agreements setup by reviewing contracts with Deals team, Client Incentive Market Specialists and Account Executives. Build client incentive model on Oracle or Excel.
• Process all lifecycle events associated with Client Incentives Operations- payments, accruals update, contract renewals, clawback assessments
• Review client incentive contract terms and prepare incentive adjustment calculations
• Ownership of the monthly, quarterly, and annual close processes for the cluster. This includes journal preparation, BS reconciliations, PnL and BS flux analysis, subsequent event reporting
• Support initiatives towards simplification, standardization and continuous improvement of processes and controls to achieve effective financial reporting and operational processes. This includes partnering with appropriate stakeholders, for a successful end-to-end approach to reporting
• Partner with financial and non-financial stakeholders on key business initiatives to provide Subject Matter Expert advice on operational processes and accounting advice
• Support internal and external audit activities as required
• Assist with ad-hoc data analysis and projects

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

• Qualified Accountant- ACA/ ACCA/ CIMA
• Understanding of financial and operational controls in a high-volume reporting environment, with high reliance on IT systems, automated and manual controls
• Strong understanding of accounting standards
• Inquisitive and possess natural curiosity to challenge current practices
• Ability to dive deep into data, existing processes to identify issues and opportunities towards improving end-to-end reporting
• Demonstrated experience in supporting continuous improvement of existing processes and controls to achieve successful end-to-end reporting approach
• Excellent communication skills (written and verbal) with the ability to communicate concisely and with Finance and non-Finance stakeholders
• Intermediate Excel skills

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. I'm interested I'm interested Privacy Policy Cookies Settings