Financial Analyst

1 Day ago • 5 Years + • Finance

About the job

SummaryBy Outscal

Must have:
  • 5+ years finance/accounting experience
  • Contract review & setup expertise
  • Data management & analysis skills
  • Proficient in MS Office (Excel, pivot tables)
  • Strong problem-solving & communication
Good to have:
  • CA, MBA, or CPA equivalent
  • Experience in a publicly-traded company
  • Knowledge of Visa billing systems
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Company Description

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 Description

This role is responsible for contract reviews and set ups and managing other contract review aspects related to pricing setups/waivers. This hands-on role requires good accounting and finance background, data management/queries skills, and taking a solutions-oriented approach.

Responsibilities 

•    Review newly executed Issuer and Acquirer contracts to assess Visa's contractual pricing obligations

•    Log and maintain key contract terms in the contract database

•    Maintain all other aspects of contract review process (e.g. review license upgrade status, review of product launch status, expiring pricing/contract terms and processing/tracking GOC fee waivers etc.)

•    Prepare complex pricing adjustment calculations (both accrual and cash basis)

•    Provide guidance to the Billing team on appropriate billing system changes related to contracts

•    Support Account Executives, Pricing Strategy and the Deal team on ad-hoc data analysis and requests

•    Develop in-depth knowledge of Visa core billing and reporting systems

•    Develop new and maintain existing financial models to monitor revenue and pricing compliance on a monthly or quarterly basis

•    Perform ongoing reviews of billing systems, processes and controls through the interpretation of historical financial, operational and transactional data to mitigate the risks of potential billing errors

•    Assist with the billings of quarterly card service fees and adjustments resulted from clients’ revision on Operating Certificate or based on clients’ contractual agreements

•    Provide insight and actionable recommendations to Finance Operations to improve billing processes and data integrity

•    Maintain and update Client Fee Schedule contents. This will require an in depth understanding of pricing changes and collaboration with product owners

•    Take responsibility for identified issues including additional research, discussion with the Business, Account Executives and client, development of practical solutions, documentation and calculation of the respective fee adjustments

•    Assist with all other ad-hoc projects and analyses and reports as needed

Qualifications

• Minimum 5 years of finance or accounting experience (required)
• CA,MBA or CPA equivalent with clear progressive professional accounting experience, preferably in a publicly-traded company and/or with a public accounting firm
• Excellent communication and interpersonal skills with strong commitment to customer service
• Proficient requirement with MS Office: Word, PowerPoint, Outlook, Excel (pivot-tables, v-lookups, formulas)
• Independent and self-motivated
• Strong problem solving and organizational skills
• Detail-oriented
• Deadline driven
• Multitasking

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.

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