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Financial Analyst
Financial AnalystVisa • Bangalore, Karnataka, India
Financial Analyst

Financial Analyst

Visa • Bangalore, Karnataka, India
30+ days ago
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 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 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

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

Qualifications :

Basic Qualifications :

3 or more years of work experience with a Bachelors Degree or an Advanced Degree (e.g. Masters MBA JD MD or PhD)

Preferred Qualifications :

4 or more years of work experience with a Bachelors Degree or more than 2 years of work experience with an Advanced Degree (e.g. Masters MBA JD MD)

3 years of relevant working experience

Bachelors in accounting

Chartered Accountant or CPA preferred

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 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

Key Skills

Cognos,Forecasting,Hyperion,Microsoft Access,Pivot tables,Accounting,Analysis Skills,Microsoft Excel,Financial Analysis,Financial Modeling,Budgeting,Financial Planning

Experience : years

Vacancy : 1

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Financial Analyst • Bangalore, Karnataka, India

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