Financial Analyst | Visa Careers | Job Alert | Latest Job Update Career Height 2022

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Financial Analyst | Visa Careers | Job Alert | Latest Job Update Career Height 2022

Financial Analyst | Visa Careers | Job Alert | Latest Job Update Career Height 2022

About Company

Visa (NYSE: V) is the global leader in digital payments, facilitating transactions between consumers, businesses, financial institutions, and governments in over 200 nations and territories. Our mission is to make the greatest way to pay and be paid available to everyone, everywhere.

Each year, Visa facilitates more than 215 billion payments transactions between consumers, merchants, financial institutions, and government bodies across more than 200 nations and territories. Our objective is to link the globe by providing the most creative, convenient, dependable, and secure payment network, allowing individuals, businesses, and economies to prosper.

When you join Visa, you join a culture of purpose and belonging – a culture where your development is prioritised, your individuality is celebrated, and the work you do is important. We think that economies that incorporate everyone and everything benefit everyone and everything. Your work will have a direct influence on billions of people worldwide, enabling financial access and enabling the future of money flow.

Financial Analyst Job Description

Client Incentive Operations is in charge of administering Client Incentive and Merchant Acceptance Incentive contracts. We verify that contractual requirements are followed and that the accounting treatment of each incentive arrangement is in accordance with US GAAP. We apply lean/six sigma process approaches to give benefits to our stakeholders in terms of the quality, cost, and timeliness of our work. This position is responsible for assisting the operations of client incentive teams from all regions around the world.

Responsibilities

  • Manage Incentive contracts for all regions
  • Analyze newly executed incentive contract terms to assess Visa’s 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
  • 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 resolution 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
  • Support ad-hoc analysis or project as needed
  • Regular working hours preferred to be 2pm to 11pm. May require flexible schedule outside of the regular working hours to support the global operations
  • Ensure key production metrics for the month are met

Eligibilities

  • 2 years of work experience with a Bachelor’s Degree or an Advanced Degree (e.g. MBA)
  • 3 – 5 years of relevant working experience.
  • Bachelor’s 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 skills, familiar with Oracle based application is a plus

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