Company Description

Visa is a world leader in payments and technology, with over 259 billion payments transactions flowing safely between consumers, merchants, financial institutions, and government entities in 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 while driven by a common purpose – to uplift everyone, everywhere by being the best way to pay and be paid.

Make an impact with a purpose-driven industry leader. Join us today and experience Life at Visa.

Job Description

• 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.
• Review client incentive contract terms, prepare incentive adjustment calculations and identify fees for deferred revenue
• Setup client specific changes on the billing system including setup for incentives deferral
• Analyse the system setups and data, ensure governance is followed and review and validate system changes implemented, including documenting evidence for audit and Sarbanes Oxley (SOX) review
• Process all lifecycle events associated with Client Incentives Operations - payments, accruals update, contract renewals, clawback assessments. This includes working closely with the Centre of Excellence team (Bangalore, India) to support day to day activities and work paper reviews.
• 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 projects

This is a hybrid position. Expectation of days in office will be confirmed by your hiring manager.

Qualifications

• Finalist or newly qualified accountant
• Strong understanding of accounting standards
• Understanding of financial and operational controls in a high-volume reporting environment, with high reliance on IT systems, automated and manual controls
• 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
• Experienced 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 with Finance and non-Finance stakeholders

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.