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As the world's leader in digital payments technology, Visa's mission is to connect the world through the most creative, reliable and secure payment network - enabling individuals, businesses, and economies to thrive. Our advanced global processing network, VisaNet, provides secure and reliable payments around the world, and is capable of handling more than 65,000 transaction messages a second. The company's dedication to innovation drives the rapid growth of connected commerce on any device, and fuels the dream of a cashless future for everyone, everywhere. As the world moves from analog to digital, Visa is applying our brand, products, people, network and scale to reshape the future of commerce.

At Visa, your individuality fits right in. Working here gives you an opportunity to impact the world, invest in your career growth, and be part of an inclusive and diverse workplace. We are a global team of disruptors, trailblazers, innovators and risk-takers who are helping drive economic growth in even the most remote parts of the world, creatively moving the industry forward, and doing meaningful work that brings financial literacy and digital commerce to millions of unbanked and underserved consumers.

You're an Individual. We're the team for you. Together, let's transform the way the world pays.

The Client Incentive Operations (CIO) team determines the accounting treatment of incentives in accordance with US GAAP and ensure compliance with contractual terms on executed Client Agreements. This includes assessment of any contingent liability clauses. The team also manages lifecycle events associated with executed contracts such as building financial models to calculate incentive accruals, processing payments and contract renewal. The process is highly complex, bespoke and requires significant interactions with other teams such as Deals, Client Incentive Market Specialists and Account Executives.

The team is part of the broader Revenue function within Visa Europe Controllership team

In addition to accounting and operational responsibilities, we are currently investing in our backoffice processes. The person will also support projects and support the development of best practices for Visa Europe and ensure global alignment.

Job Description

• Manage new client agreements setup by reviewing contracts with Deals team, Client Incentive Market Specialists and Account Executives. Build client incentive model on Oracle or Excel.
• Process all lifecycle events associated with Client Incentives Operations- payments, accruals update, contract renewals, clawback assessments
• Review client incentive contract terms and prepare incentive adjustment calculations
• Ownership of the monthly, quarterly, and annual close processes for the cluster. This includes journal preparation, BS reconciliations, PnL and BS flux analysis, subsequent event reporting
• Support initiatives towards simplification, standardization and continuous improvement of processes and controls to achieve effective financial reporting and operational processes. This includes partnering with appropriate stakeholders, for a successful end-to-end approach to reporting
• Partner with financial and non-financial stakeholders on key business initiatives to provide Subject Matter Expert advice on operational processes and accounting advice
• Support internal and external audit activities as required
• Assist with ad-hoc data analysis and projects

Qualifications

• Strong understanding of accounting standards
• Understanding of financial and operational controls in a high-volume reporting environment, with high reliance on IT systems, automated and manual controls
• Inquisitive and possess natural curiosity to challenge current practices
• Ability to dive deep into data, existing processes to identify issues and opportunities towards improving end-to-end reporting
• Experienced in supporting continuous improvement of existing processes and controls to achieve successful end-to-end reporting approach
• Excellent communication skills (written and verbal) with the ability to communicate concisely with Finance and non-Finance stakeholders

Visa will consider for employment qualified applicants with criminal histories in a manner consistent with EEOC guidelines and applicable local law.