Senior Accounting Manager - job 15 of 20

As a Senior Accounting Manager at Visa, your primary responsibilities include overseeing the accounting operations for compensation and benefits, litigation, and equity accounting, ensuring compliance with US GAAP and SOX 404. You'll lead the monthly close process, manage financial statement reviews, and support cross-functional collaborations with teams such as Payroll, Treasury, and HR to maintain robust financial reporting standards.

To be considered for the Senior Accounting Manager role at Visa, candidates should possess a strong knowledge of US GAAP, experience with stock-based compensation accounting, and expertise in SOX 404 compliance. Additionally, a background in leading accounting teams, strong analytical skills, and the ability to coordinate effectively with various stakeholders are essential qualifications for success in this position.

The Senior Accounting Manager at Visa plays a pivotal role in developing the accounting team by serving as a mentor and leader. You'll cultivate a culture of continuous improvement, guiding your team through complex accounting issues, promoting automation, and encouraging professional growth to ensure they meet both personal and organizational goals.

The work environment for a Senior Accounting Manager at Visa is dynamic and collaborative, offering a hybrid work arrangement where employees can split their time between the office and remote work. You’ll engage with a diverse, experienced leadership team and have countless opportunities to work on impactful projects that align with Visa's strategic goals.

Visa supports the professional growth of Senior Accounting Managers through exposure to various projects that require innovative thinking and strategic execution. You'll have access to mentorship programs, leadership training, and the chance to lead significant initiatives that not only enhance your skills but also contribute to the company's success.

To ensure compliance with US GAAP, I regularly review and update accounting policies and procedures, provide training to team members on current standards, and implement checks and balances to verify financial statements align with GAAP. Additionally, I maintain open communication with external auditors to address any compliance-related queries proactively.

In my previous roles, I have dealt extensively with equity accounting, including the evaluation and reporting of stock-based compensation. I ensure that equity transactions are accurately recorded and reported, adhering to regulatory requirements, and I work with financial models to project the impact of these transactions on the overall financial statements.

Effective team management in accounting starts with clear communication of expectations and providing regular feedback. I focus on creating a collaborative environment where team members feel empowered to share ideas and challenges. Regular one-on-one meetings help me mentor staff and ensure they have the resources they need to thrive.

I prioritize identifying bottlenecks in the accounting processes through data analysis and team feedback. Implementing automation tools and standardizing procedures can significantly enhance efficiency. I also encourage a culture of continuous improvement, where team members are motivated to propose innovative solutions.

Preparing for audits involves thorough documentation and compliance checks. I conduct internal reviews of our financial statements and ensuring all controls are effectively implemented. Additionally, I maintain a strong relationship with auditors to clarify queries and provide necessary documentation swiftly.

Accuracy in financial reporting is achieved by implementing standardized processes for data entry, regular reconciliations, and thorough review procedures. I also believe in utilizing technology to improve accuracy, minimizing errors, and streamlining the financial close process.

In one instance, I encountered discrepancies during the month-end close due to incorrect data entry. I quickly organized a team meeting to pinpoint the source, implemented additional checks to prevent future issues, and developed a training workshop focused on accuracy in financial reporting for our team.

Collaboration is crucial as it ensures that financial reporting aligns with business strategies and objectives. By working closely with other departments, I can better understand their financial needs, foster transparency, and provide relevant financial insights, which ultimately aids in decision-making.

I track various performance indicators, including the timeliness of financial reporting, the accuracy of reconciliations, and the efficiency of the month-end close process. These KPIs help gauge the team's performance and highlight areas for improvement.

Staying updated involves a combination of continuous education, subscribing to industry newsletters, and participating in relevant professional groups and seminars. I also engage in discussions with peers and professional mentors to gain insights into changes in regulations and best practices.