Sr. Accounting Analyst-1 at Visa

Bengaluru, karnataka, India -

Full Time

Start Date

Immediate

Expiry Date

23 Feb, 26

Salary

0.0

Posted On

25 Nov, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Accounting, Leadership, Interpersonal Skills, Business Analysis, Attention to Detail, Organizational Skills, Self-Motivated, Communication Skills, Oracle, Excel, Contract Management, Problem Solving, Teamwork, Process Improvement, Client Liaison, Ad-Hoc Analysis

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 Client Incentive Operations team are responsible for managing Client Incentive and Merchant Acceptance Incentive agreements. We ensure compliance with contractual terms and determine the accounting treatment of each incentive deal and conformity with US GAAP. We use lean/six sigma process methodologies to provide benefits to our stakeholders regarding quality, cost and schedule associated with our work. This role is to support operations of client incentive teams from all regions worldwide. Essential Functions: Manage Incentive contracts for all regions Analyze newly executed incentive contract terms to assess Visa contractual obligations and determine appropriate accounting treatment based on Visa policy and procedure Review proforma to ensure accuracy of contract interpretation and application of Visa's accounting policy respectively Setup incentive contracts in Oracle Revenue Management and Billing (ORMB) system per contract terms, ensuring that all key obligations have been accurately addressed. Ensure consistencies in the process especially those to accommodate system limitation Manage, track, and process contractual payments per terms of contracts accurately and timely for all regions, perform peer reviews and approvals on payments and new contract setups Liaise with Sales, Legal and clients to determine the fulfillment of contractual obligations. Review on-going contract performance and update future performance /amortization schedules, as needed Responsible for inquiries and issue resolutions related to the assigned contracts Coordinate with the bigger Client Incentive Operations team. Understand the various deals across regions and ensure a consistent business process applied globally for a similar contract structure Interact with various levels of management across the organization as well as with external clients. Strong leadership and interpersonal skills are required as cross-functional projects occur on a regular basis Support ad-hoc analysis and projects as needed Train and provide guidance to junior analysts Ensure key production metrics for the month are met This is a hybrid position. Expectation of days in office will be confirmed by your hiring manager. Qualifications Basic Qualifications: 6 - 9 years of relevant working experience Preferred Qualifications: Bachelor in accounting Chartered Accountant or CPA preferred Audit or accounting experience Attention to detail and highly organized Self-motivated, ability to function well independently as well as in a team, and comfortable in a fast-paced and dynamic environment Strong leadership and interpersonal skills Strong business analysis skills, excellent verbal and written communication skills Proficient in advanced Excel, familiar with Oracle based application is a plus 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

Manage and analyze client incentive contracts across all regions, ensuring compliance with contractual terms and appropriate accounting treatment. Liaise with various stakeholders to track and process contractual payments accurately and timely.