Senior Accountant, Consolidations - Visa
Foster City, CA
About the Job
Visa 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 DescriptionThis role is a part of Visa's North America Controllership team, which handles the accounting and finance operations for Visa's corporate activities in North America. The team is a component of the wider Global Controllership function within the Global Finance department.
The successful candidate will report to a Senior Manager based in Foster City, California, United States, and will oversee the accounting activities for North America close and Global Consolidation. Responsibilities include managing the month-end close process, conducting analytical reviews, and researching technical and operational accounting issues.
Additionally, the successful candidate will lead the team in collaborating with and providing accounting support to other Visa Finance business functions. This high-visibility role offers significant responsibilities and opportunities for collaboration and cross-functional work.
As the Senior Accounting Analyst, you will play a key leadership role in the Controllership organization around close-the-books process improvement, system optimization projects, scaling accounting infrastructures, standardizing processes globally.
This position provides the opportunity to lead accounting at a public company that is growing in scale and complexity. You will work cross-functionally and with an experienced and dynamic leadership team dedicated to supporting your career development.
- Perform monthly, quarterly, and annual close processes for North America and global consolidation for all regions, ensuring timely and accurate financial reporting.
- Coordinate with regional accounting teams to ensure timely and accurate submission of local reporting packages and compliance with accounting policies.
- Prepare the reconciliation of intercompany accounts and transactions, ensuring proper elimination upon consolidation.
- Analyze, interpret, and record financial transactions, and report this information.
- Identify and implement process improvements and automation to enhance the efficiency and accuracy of the consolidation process, while assisting with finance system transformation and accounting-to-reporting projects, ensuring best-in-class global close processes and effective internal controls documentation.
- Own specific components of the North America balance sheet and income statement, review balances during month end closing, prepare balance sheet account reconciliations, and perform variance analysis and other analytical reviews.
- Research and document conclusions on accounting issues with references to GAAP pronouncements.
- Prepare quarterly financial schedules to support external reporting and audits.
- Establish, maintain, and coordinate the implementation of accounting operational documents and desktop procedures.
- Maintain a strong understanding of foreign currency accounting and reporting to provide guidance and implement best practices.
- Support the preparation and review of 10K and 10Q filings, including footnotes and disclosures related to assigned areas.
- Regularly interact with various levels of management within and outside of Finance, internal and external audit teams, and participate in cross-functional projects.
- Maintain process documentation and ensure SOX 404 compliance for functional areas of responsibility.
This is a hybrid position. Hybrid employees can alternate time between both remote and office. Employees in hybrid roles are expected to work from the Foster City, CA office 3 days a week, with a general guidepost of being in the office 50% or more of the time based on business needs.
QualificationsBasic 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
• CPA equivalent, or CPA in progress with clear progressive professional accounting experience, preferably in a publicly traded company and/or with a public accounting firm.
Preferred Qualifications
• 6 or more years of work experience with a Bachelors Degree 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
• Strong accounting, quantitative, and analytical skills, with the ability to accurately apply key U.S. GAAP to various business situations. Consolidation, Foreign Currency, Legal entity management and Intercompany accounting experience is a plus.
• Excellent interpersonal and communication skills, including written, oral, listening, and presentational abilities. Ability to work well under pressure and interact at all levels is required.
• Proficient with Oracle or similar enterprise accounting systems.
• Background in continuous improvement methodologies, driving increases in efficiency and effectiveness.
• Familiarity with Sarbanes-Oxley internal control compliance.
• Comfortable working in a fast-paced, rapidly changing environment.
• Capable of handling multiple tasks, possessing good organizational, communication, and analytical skills, able to work independently, and extremely flexible.
• Welcomes challenging and complex projects, demonstrating an ability to work smarter not harder by continuously improving the efficiency of processes.
• Strong team player who collaborates well with others to solve problems, actively incorporates input from various sources, and has experience working with global teams.
• Adaptable, consistently implementing process enhancements, leading and driving change initiatives, and addressing challenging situations with creativity.
• Proactive, self-starter who is accountable and exhibits ownership of delegated tasks and projects.
Additional Information
Work Hours: Varies upon the needs of the department.
Travel Requirements: This position requires travel 5-10% 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 124,600.00 to 180,650.00 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.