Financial analyst

Financial analyst

Visa

Visa

Bangalore, Karnataka, India

Experience :

Qualified accountant

Closes on :

Jan 4, 2025

Job Description

Job Description

Company DescriptionVisa 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 DescriptionJob DescriptionThe 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 metThis 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 2-3 set days a week (determined by leadership/site), with a general guidepost of being in the office 50% or more of the time based on business needs.QualificationsBasic Qualifications:2 years of work experience with a Bachelor Degree or an Advanced Degree (e.g. MBA)5 - 7 years of relevant working experiencePreferred Qualifications:1.Bachelor in accounting2.Chartered Accountant or CPA preferred but not required3.Audit or accounting experience4.Attention to detail and highly organized5.Self-motivated, ability to function well independently as well as in a team, and comfortable in a fast-paced and dynamic environment6.Strong leadership and interpersonal skills7.Strong business analysis skills, excellent verbal and written communication skills8.Proficient in advanced Excel, familiar with Oracle based application is a plusAdditional InformationVisa 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.

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