Financial Analyst (Accounting Principles, Ariba System Knowledge, PO/PR pro at Visa

Bengaluru, karnataka, India -

Full Time

Start Date

Immediate

Expiry Date

29 Jan, 26

Salary

0.0

Posted On

31 Oct, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial Analysis, Accounting Principles, Compliance, Risk Management, Process Improvement, Project Management, Microsoft Excel, Microsoft Access, Audit, Business Controls, Supplier Transactions, Contract Review, Lean Methodology, Six Sigma, Interpersonal Skills, Communication Skills

Industry

IT Services and IT Consulting

Description

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 The Finance Analyst is a key member in the Controllership Operations GFSS team. The role is responsible for working closely with regional controllership team in ensuring that business processes initiated across regions are operated in an effective and compliant manner and are in adherence to established policies and procedures. The role works collaboratively with Country Controllers, Business Units, and other control Business Units (especially Compliance, Legal, Sourcing, and Contracts Management) to implement and maintain a robust controls framework including remediation actions required. This role reports to the Controllership Operations GFSS lead and will collaborate closely with regional Controllership Operations teams and Country Controllers to maintain activities and processes that allow the business units to run effectively and efficiently. What a Finance Analyst does at Visa Help manage the Controllership Operations processes and advise businesses to ensure employees understand the standardized processes. Enhance the effectiveness and efficiency of operations through excellence and improvements in processes, systems, and tools, including automation. Provide consultative support to the Business Units and seen as go-to-subject matter experts to assist with their respective business opportunities to achieve a positive outcome and ensure compliance with policies and procedures. Develop remediation plans to address identified issues impacting the controls and processes environment. Partner with Compliance, Legal and Sourcing to implement and adhere to business procedures to ensure robust controls are in place Ensure consistency in delivering guidelines to executing business in accordance with policies and procedures, and reviewing proposed policy exceptions, include but not limited to the following: Assist Business Units to fulfill Supplier transactions such as raising Purchase Requisition, reviewing supporting documents submitted by Business Units and perform Receiving for Business Units for monthly accruals and expenses and Purchase Order closures. Assist Business Units in reviewing contracts to ensure the business intent and commercial terms are clearly stated Facilitate prepayment approval requests, prevent unnecessary upfront payments to suppliers and track approved prepayments Ensure proper account coding, especially in terms of Contra Revenue-versus-Operating expense account classification Ensure Pipeline (Project registration) report is updated so that each stage or tranche of every transaction is monitored and executed perfectly without violation to Visa’s policies and procedures Review progress and closure reports to ensure transactions are properly closed and post campaign evaluation completed satisfactorily, with Visa’s obligations fully discharged and Business Partners’ obligations fully delivered Project leading: Support Transition controllership operations activities across regions to shared services center. Lead regional projects and streamlining initiatives, Drive best-in-class practices Recommend, implement, and maintain process improvements using robust continuous improvement principles such as Lean and Six Sigma Initiate and implement process changes to improve controls, work productivity or quality of work output. Recommends policy modifications and process changes to reduce financial and other related risks. Why this is important to Visa To succeed, you should be focused on being a change agent, optimizing departmental processes and building lasting relationships with others within and outside of the business. You should be knowledgeable, analytical, and decisive with excellent leadership and communication skills. Demonstrate a transformation mindset and effectively drive changes in modelling, processes, and people. Constantly challenge status quo and be a change agent with the objective of driving for efficiencies but not compromising on controls. This is a hybrid position. Expectation of days in office will be confirmed by your hiring manager. Qualifications Basic Qualifications •Prior work experience in business operations, compliance, audit, or risk with focus on operational controls •3-5 years of business experience. •Audit, business controls, compliance & risk function experience desired •Experience in financial services or payments industry preferred Technical •Bachelor's degree in a business discipline, with higher degree qualifications preferred. •Good finance and accounting knowledge •Knowledge of card and payments industry preferred •Excellent Microsoft Excel and Access working knowledge •Experience or qualifications in business improvement methodologies such as six sigma an advantage Preferred Qualifications •Strong problem-solving skills, with demonstrated ability to identify and resolve issues and risks, including root cause analysis •Ability to anticipate and identify opportunities to establish standards and controls, as well as develop and recommend solutions •Experience in creating, implementing, and training on policies, procedures, and guidelines •Ability to work effectively in a matrix management structure, which is diverse, international with a multi-cultural environment •Effective communication, interpersonal and influencing skills and ability to drive effective change at all levels of the organization •Detailed, conscientious and highly responsible team player •Superior business English, both oral and written is essential 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.

Responsibilities

The Finance Analyst is responsible for managing Controllership Operations processes and ensuring compliance with established policies. This role involves collaborating with various teams to enhance operational efficiency and implement a robust controls framework.