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111 Visa Jobs

Sr. Accounting Analyst

2-7 years

Bangalore / Bengaluru

1 vacancy

Sr. Accounting Analyst

Visa

posted 12hr ago

Job Role Insights

Flexible timing

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 Visas 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
Basic Qualifications:
2 years of work experience with a Bachelor Degree or an Advanced Degree (eg MBA)
5 - 7 years of relevant working experience

Preferred Qualifications:
Bachelor in accounting

Chartered Accountant or CPA preferred but not required

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

Employment Type: Full Time, Permanent

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What people at Visa are saying

What Visa employees are saying about work life

based on 350 employees
88%
87%
75%
100%
Flexible timing
Monday to Friday
No travel
Day Shift
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Visa Benefits

Free Transport
Cafeteria
Work From Home
Education Assistance
Health Insurance
Gymnasium +6 more
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