Visa
Sr. Financial Analyst
Visa, San Mateo, California, United States, 94409
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 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 the North America Client Incentive team.Essential Functions:Manage Client Incentive contracts for North AmericaAnalyze executed incentive contract terms to assess Visa's contractual obligations and determine appropriate accounting treatment based on Visa policy and procedureReview proforma to ensure accuracy of contract interpretation and application of Visa's accounting policy respectively. Work with internal stakeholders to clarify contract clausesSetup 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 limitationManage, track, and process contractual payments per terms of contracts accurately and timely for all regions, perform peer reviews and approvals on payments and contract setupsReview on-going contract performance and update future performance /amortization schedules, as neededLiaise with Sales, Strategy, Interchange, FP&A, Legal, clients and other stakeholders to provide support around deal structuring, accounting guidance, and ad-hoc requestsResponsible for inquiries and issue resolutions related to the assigned contractsCoordinate with the bigger Client Incentive Operations team. Understand the various deal structures and ensure a consistent business process applied globally for a similar contract structureDrive process improvement through Lean Six Sigma project with key stakeholders. Participate in in-person discussions to identify and implement improvements.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 basisSupport ad-hoc analysis, contract drafting, and projects as neededTrain and provide guidance to junior analystsEnsure key production metrics for the month are metLeverage power query/power BI to automate reportsThis 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.Qualifications
Basic Qualifications:
* 5 or more years of relevant work experience with a Bachelors Degree or at least 2 years of work experience with an Advanced degree (e.g. Masters, MBA, JD, MD) or 0 years of work experience with a PhD
Preferred Qualifications:
* 6 or more years of work experience with a Bachelors Degree in business/accounting or 4 or more years of relevant experience with an Advanced Degree (e.g. Masters, MBA, JD, MD) or up to 3 years of relevant experience with a PhD in audit, finance, accounting or statistical reporting field
* Chartered Accountant or CPA preferred but not required
* Audit or accounting experience
* Detail oriented, conscientious, thorough and highly organized
* Self-motivated with 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
* Ability to write and working experience with power query to automate reporting preferredAdditional Information
Work Hours:
Varies upon the needs of the department.Travel Requirements:
This position requires travel5-10% of the time.Mental/Physical Requirements:
This position will be performed in an office setting. The position will require the incumbent to sit and stand at a desk, communicate in person and by telephone, frequently operate standard office equipment, such as telephones and computers.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.Visa will consider for employment qualified applicants with criminal histories in a manner consistent with applicable local law, including the requirements of Article 49 of the San Francisco Police Code.U.S. APPLICANTS ONLY: The estimated salary range for a new hire into this position is 118,500.00 to 171,750.00 USD per year, which may include potential sales incentive payments (if applicable). Salary may vary depending on job-related factors which may include knowledge, skills, experience, and location. In addition, this position may be eligible for bonus and equity. Visa has a comprehensive benefits package for which this position may be eligible that includes Medical, Dental, Vision, 401 (k), FSA/HSA, Life Insurance, Paid Time Off, and Wellness Program.
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 the North America Client Incentive team.Essential Functions:Manage Client Incentive contracts for North AmericaAnalyze executed incentive contract terms to assess Visa's contractual obligations and determine appropriate accounting treatment based on Visa policy and procedureReview proforma to ensure accuracy of contract interpretation and application of Visa's accounting policy respectively. Work with internal stakeholders to clarify contract clausesSetup 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 limitationManage, track, and process contractual payments per terms of contracts accurately and timely for all regions, perform peer reviews and approvals on payments and contract setupsReview on-going contract performance and update future performance /amortization schedules, as neededLiaise with Sales, Strategy, Interchange, FP&A, Legal, clients and other stakeholders to provide support around deal structuring, accounting guidance, and ad-hoc requestsResponsible for inquiries and issue resolutions related to the assigned contractsCoordinate with the bigger Client Incentive Operations team. Understand the various deal structures and ensure a consistent business process applied globally for a similar contract structureDrive process improvement through Lean Six Sigma project with key stakeholders. Participate in in-person discussions to identify and implement improvements.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 basisSupport ad-hoc analysis, contract drafting, and projects as neededTrain and provide guidance to junior analystsEnsure key production metrics for the month are metLeverage power query/power BI to automate reportsThis 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.Qualifications
Basic Qualifications:
* 5 or more years of relevant work experience with a Bachelors Degree or at least 2 years of work experience with an Advanced degree (e.g. Masters, MBA, JD, MD) or 0 years of work experience with a PhD
Preferred Qualifications:
* 6 or more years of work experience with a Bachelors Degree in business/accounting or 4 or more years of relevant experience with an Advanced Degree (e.g. Masters, MBA, JD, MD) or up to 3 years of relevant experience with a PhD in audit, finance, accounting or statistical reporting field
* Chartered Accountant or CPA preferred but not required
* Audit or accounting experience
* Detail oriented, conscientious, thorough and highly organized
* Self-motivated with 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
* Ability to write and working experience with power query to automate reporting preferredAdditional Information
Work Hours:
Varies upon the needs of the department.Travel Requirements:
This position requires travel5-10% of the time.Mental/Physical Requirements:
This position will be performed in an office setting. The position will require the incumbent to sit and stand at a desk, communicate in person and by telephone, frequently operate standard office equipment, such as telephones and computers.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.Visa will consider for employment qualified applicants with criminal histories in a manner consistent with applicable local law, including the requirements of Article 49 of the San Francisco Police Code.U.S. APPLICANTS ONLY: The estimated salary range for a new hire into this position is 118,500.00 to 171,750.00 USD per year, which may include potential sales incentive payments (if applicable). Salary may vary depending on job-related factors which may include knowledge, skills, experience, and location. In addition, this position may be eligible for bonus and equity. Visa has a comprehensive benefits package for which this position may be eligible that includes Medical, Dental, Vision, 401 (k), FSA/HSA, Life Insurance, Paid Time Off, and Wellness Program.