Senior Finance Manager(Experience in Contract accounting is mandatory)

Visa

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profile Job Location:

Bengaluru - India

profile Monthly Salary: Not Disclosed
Posted on: 9 hours ago
Vacancies: 1 Vacancy

Job Summary

We are seeking an experienced Manager to join the Client Incentives Operations (CIO) team in Bangalore India. This role is pivotal within Visa s CIO team which is integral to the contra-revenue accounting and management of various projects operating under Global CIO the larger umbrella within the Global Controllership function and Finance organization.

The CIO team is entrusted with the management of client incentive agreements ensuring the accurate accounting treatment of incentives in line with US GAAP and adherence to the contractual terms of executed client agreements. The role demands a high level of complexity detail and significant collaboration with other teams including Finance Legal and Sales. We use lean/six sigma process methodologies to provide benefits to our stakeholders regarding quality cost and schedule associated with our work.

Key Responsibilities:

  • Lead a team accountable for managing all lifecycle events and accounting requirements related to client incentive agreements.
  • Analyze and review contracts evaluate terms and conditions assess Visas obligations and determine the appropriate accounting treatment in line with company policies.
  • Set up and review incentive contracts in Visa systems to ensure all contractual obligations are accurately captured while maintaining consistency across regions.
  • Manage track review and approve contractual payments in a timely and accurate manner across regions.
  • Partner and work closely with various cross-functional teams and the regional client incentive operations teams.
  • Review contrarevenue entries balance sheet reconciliations performance insights and reports supporting internal and external financial reporting.
  • Address inquiries resolve issues and support the local team through a strong understanding of systems and operational processes.
  • Ensure compliance with Internal SOX statutory and regulatory audit requirements.
  • Collaborate with regional CIO teams to meet performance metrics and ensure effective communication.
  • Support ad-hoc financial and operational analysis.
  • Drive simplification standardization automation and process enhancements to improve efficiency and strengthen controls.
  • Provide coaching training and development support to team members to foster continuous learning and knowledge sharing.
  • Support new business initiatives in partnership with Finance and nonFinance stakeholders.

This is a hybrid position. Expectation of days in the office will be confirmed by your Hiring Manager. 


    Qualifications :

    Basic Qualifications:
    9 or more years of relevant work experience with a Bachelor Degree or at least 6 years of experience with an Advanced Degree (e.g. Masters MBA JD MD) or 2 years of work experience with a PhD

    Preferred Qualifications:
    10 or more years of relevant work experience with a Bachelor Degree or 7 or more relevant years of experience with an Advanced Degree (e.g. Masters MBA JD MD) or 3 or more years of experience with a PhD
    Chartered Accountant CPA or equivalent
    12 years of relevant work experience. Audit or accounting experience would be an added advantage.
    This role requires attention to detail strong analytical and problem-solving skills being self-motivated organized and having the ability to work comfortably in a fast-paced and dynamic environment.
    Strong leadership and interpersonal 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.


    Remote Work :

    No


    Employment Type :

    Full-time

    We are seeking an experienced Manager to join the Client Incentives Operations (CIO) team in Bangalore India. This role is pivotal within Visa s CIO team which is integral to the contra-revenue accounting and management of various projects operating under Global CIO the larger umbrella within the Gl...
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    About Company

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    Visa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories. Our purpose is to uplift everyone, everywhere by being the best way to pay and b ... View more

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