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Sr. Accounting Analyst - job 4 of 23

This role sits in Visa’s North American Controllership team, which is responsible for the accounting and finance operations of the North American business functions and corporate accounting activities for Visa. The team is part of the broader Global Controllership function within Global Finance. This role will report to a Director in North America Controllership and will be responsible for accounting activities including month-end close, as well as in depth flux analysis and research of technical accounting issues. The ideal candidate will have a strong understanding of US GAAP, the ability to develop and implement processes to improve operational efficiency, work with cross-functional teams, and handle analysis related to operational accounting issues, all with a strong sense of ownership and urgency.

Essential Functions:

  • Responsible for analyzing, interpreting, and recording financial transactions, as well as reporting this information.
  • Proactively research and document conclusions on accounting issues with appropriate references to US GAAP pronouncements. This includes interpretation of accounting guidance and the company's policy application of sound judgment to these projects.
  • Take ownership for specific components of the North America balance sheet and income statement, review and confirm balances during month-end closing and perform ongoing analytical review.
  • Complete complex account reconciliations and journal entries in support of the monthly close process.
  • Establish, maintain, and coordinate the implementation of accounting operational procedures and document such processes and procedures.
  • May have responsibility to provide guidance to other accountants with similar occupational skills or limited scope of responsibility.
  • Review contracts for US GAAP compliance, including review of agreements for proper accounting treatment and application of revenue recognition principles (ASC 606).
  • Interaction with various levels of management within and outside of Finance and internal and external audit teams and participation in cross-functional projects.
  • Complete and maintain process documentation and ensure SOX 404 compliance for areas of responsibility.
  • Prepare quarterly and annual reporting packages to support our SEC filings.
  • Partner with key stakeholders to resolve queries and issues.
  • Participation in special projects. Identify any potential financial related risk areas and provide sound recommendations and solutions to Visa for mitigation of the identified risk.

This is a hybrid position based in our Foster City, CA offices. Expectation of days in office will be confirmed by your hiring manager.

Average salary estimate

$105000 / YEARLY (est.)
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max
$90000K
$120000K

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What You Should Know About Sr. Accounting Analyst, Visa

Are you an experienced accounting professional ready to take your career to the next level? Visa is on the lookout for a Sr. Accounting Analyst to join our North American Controllership team in Foster City. In this role, you will be at the heart of our operations, responsible for analyzing and interpreting financial transactions and ensuring they are recorded accurately. You'll lead the month-end close process, conduct in-depth flux analysis, and tackle complex technical accounting challenges—all while honing your skills in US GAAP compliance. As part of a collaborative atmosphere, you'll have the chance to interact with diverse teams across the business and present your insights to management. We’re seeking someone who not only understands the nuances of accounting standards but can also develop processes that boost operational efficiency. If you're a proactive problem-solver, possess strong ownership skills, and thrive in a dynamic team environment, Visa offers you the platform to excel. The role also involves overseeing specific elements of our North American financial statements and ensuring compliance through SOX 404. So, if you’re ready to make a significant impact in a fast-paced setting while working flexibly in a hybrid model, Visa could be the perfect place for you!

Frequently Asked Questions (FAQs) for Sr. Accounting Analyst Role at Visa
What are the primary responsibilities of a Sr. Accounting Analyst at Visa?

As a Sr. Accounting Analyst at Visa, you'll be responsible for a range of critical accounting activities, including performing month-end closes, conducting analytical reviews of financial statements, and ensuring compliance with US GAAP. Your role will require you to analyze financial transactions and provide sound interpretations that align with accounting guidelines. Additionally, you will guide other accountants, manage account reconciliations, and contribute to project initiatives that enhance operational efficiency within the North American Controllership team.

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What qualifications are necessary for the Sr. Accounting Analyst position at Visa?

To qualify for the Sr. Accounting Analyst position at Visa, candidates should possess a strong understanding of US GAAP and significant experience in accounting roles. A bachelor's degree in Finance or Accounting is typically required, along with demonstrated ability to handle month-end close processes and complex financial analysis. Experience working in cross-functional teams and managing compliance documentation under SOX 404 is also advantageous, as is a proven track record managing compliance issues and revenue recognition principles, such as ASC 606.

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How does the Sr. Accounting Analyst contribute to Visa's financial strategies?

The Sr. Accounting Analyst plays a pivotal role in Visa's financial strategies by providing in-depth analysis and accurate financial reporting. This position requires a keen understanding of operational accounting issues, allowing the analyst to identify risks and propose effective solutions. Additionally, the analyst will prepare quarterly and annual reporting packages, directly supporting SEC filings, ensuring that Visa maintains transparency and compliance with financial regulations while supporting strategic decision-making.

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What skills are important for the Sr. Accounting Analyst role at Visa?

In the Sr. Accounting Analyst role at Visa, key skills include a solid grasp of US GAAP, strong analytical capabilities, and excellent communication abilities. Candidates should demonstrate attention to detail and the ability to manage multiple responsibilities effectively. Moreover, proficiency in financial software and the capacity to foster collaboration with various departments is vital for resolving accounting queries and streamlining processes. Due to the hybrid work environment, adaptability and self-management skills are also essential.

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What is the work environment like for a Sr. Accounting Analyst at Visa?

The work environment for a Sr. Accounting Analyst at Visa is dynamic and collaborative. Nestled within the Foster City headquarters, the role is hybrid, combining both in-office and remote work flexibility. This structure fosters partnership and communication with various teams, enhancing productivity and teamwork. Analysts can expect an environment where their contributions are valued, and their insights directly inform financial strategies. The culture encourages professional growth and ongoing learning opportunities, making it an ideal setting for ambitious accounting professionals.

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Common Interview Questions for Sr. Accounting Analyst
Can you describe your experience with month-end close processes?

During interviews for the Sr. Accounting Analyst role at Visa, showcase your experience by discussing specific month-end close cycles you’ve managed. Highlight your ability to meet deadlines while ensuring accuracy in financial reporting, discussing tools or methodologies you utilized to streamline the process.

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What steps do you take to ensure compliance with US GAAP?

When answering this question, detail your understanding of US GAAP and the processes you’ve implemented to ensure compliance. Discuss how you stay current with changes in the regulations and how you ensure that your analysis and reporting align with these practices consistently.

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How do you approach complex account reconciliations?

In your response, describe your methodology for handling complex reconciliations, such as the tools you employ and the steps you follow to ensure accuracy. Highlight your attention to detail and problem-solving skills, including examples of how you've resolved discrepancies in the past.

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What experience do you have with financial reporting packages?

Discuss specific software or tools you have used to prepare financial reporting packages. Illustrate your experience with creating quarterly and annual reports, emphasizing your analytical skills and your ability to ensure all information is accurate and compliant with regulations.

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Can you explain how you stay updated on accounting regulations?

Detail any professional groups, continuous education, or certifications you utilize to remain knowledgeable about accounting regulations, particularly US GAAP. Employers like Visa will appreciate your commitment to professional development and your proactive approach to compliance.

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Describe a time you identified a financial risk and how you mitigated it.

Share a specific instance where you identified a financial risk in your previous roles, and describe the steps you took to mitigate it. Illustrate your analytical skills and your ability to work collaboratively with stakeholders to implement effective solutions.

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How do you prioritize tasks in a busy work environment?

Discuss your strategy for prioritizing tasks, emphasizing your organizational skills. Talk about how you assess urgency versus importance and how you manage deadlines, especially during peak times like month-end closes.

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What techniques do you use for effective communication with cross-functional teams?

Explain your preferred communication methods and how you adapt your style depending on your audience. Provide examples of successful collaborations with cross-functional teams where you effectively conveyed complex financial topics.

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How do you handle underperforming team members?

In your answer, emphasize your leadership and mentoring skills. Discuss your approach to supporting underperforming teammates, including how you provide constructive feedback and develop strategies for improvement.

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Share your approach to maintaining accuracy in financial records.

Illustrate your attention to detail and your systematic approach to ensuring accuracy in financial records. Discuss the tools or checks you utilize to minimize errors and enhance the reliability of financial reporting.

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Visa Inc. operates as a payments technology company worldwide. The company facilitates commerce through the transfer of value and information among consumers, merchants, financial institutions, businesses, strategic partners, and government entiti...

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Full-time, hybrid
DATE POSTED
April 4, 2025

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