Financial Analyst – Client Incentive Operations Job Vacancy in Visa Bengaluru, Karnataka – Updated today
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Full Details :
Company Name : Visa
Location : Bengaluru, Karnataka
Position :
Job Description : Company Description
Visa is a world leader in digital payments, facilitating more than 215 billion payments transactions between consumers, merchants, financial institutions and government entities across 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.
When you join Visa, you join a culture of purpose and belonging – where your growth is priority, your identity is embraced, and the work you do matters. We believe that economies that include everyone everywhere, uplift everyone everywhere. Your work will have a direct impact on billions of people around the world – helping unlock financial access to enable the future of money movement.
Join Visa: A Network Working for Everyone.
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 the 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’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
Qualifications
Basic Qualifications:
2 years of work experience with a Bachelor’s Degree or an Advanced Degree (e.g. MBA)
3 – 5 years of relevant working experience
Preferred Qualifications:
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
Additional Information
Visa has adopted a COVID-19 vaccination policy. As a condition of employment, all employees based in the country where this job is located are required to be fully vaccinated for COVID-19, unless a reasonable accommodation is approved or as otherwise required by law.
This post is listed Under Accountant
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