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Finance Manager - RTR process

Company Description

Visa is a world leader in digital payments, facilitating more than 215 billion payments transactions between consumers, merchants, financial institutions and government entities across 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.

When you join Visa, you join a culture of purpose and belonging – where your growth is priority, your identity is embraced, and the work you do matters. We believe that economies that include everyone everywhere, uplift everyone everywhere. Your work will have a direct impact on billions of people around the world – helping unlock financial access to enable the future of money movement.

Join Visa: A Network Working for Everyone.

Job Description

The Accounting Manager will be a part of Global Controllership team, responsible for the accounting and finance operations of Visa's corporate activities . This role will report to a Director and will manage the general accounting and corporate services accounting activities.

 

Essential Functions

  • Manage and mentor a team of two or more accounting professionals.

  • Oversee general accounting and Corporate Services accounting activities.

  • Review US GAAP consolidated financial statements, flux analysis for global consolidated income statement, balance sheet, statement of cash flows and stockholders’ equity to ensure all results are fully reconciled and analyzed in a timely manner.

  • Finance liaison to key business stakeholders, across various levels of management, including pre-close activities to ensure a smooth close cycle, and providing finance operational support such as properly reviewing purchase orders, and ensuring proper receiving and accruals.

  • Train and review Balance Sheet reconciliation processes in Blackline.

  • Train the team on manual journal entries and driving efficiency to reduce the numbers of manual journal entries.

  • Manage the month-end close process, ensuring accuracy and timeliness for the assigned functions.

  • Conduct analytical reviews and research on technical and operational accounting issues.

  • Collaborate with and provide accounting support to other Visa Finance business functions.

  • Participate in close-the-books process improvement and system optimization projects.

  • Assist in scaling accounting infrastructures and standardizing processes globally.

  • Mentor and guide the accounting team, fostering a culture of continuous learning and improvement.

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 office 2-3 set days a week (determined by leadership/site), with a general guidepost of being in the office 50% or more of the time based on business needs.

Qualifications

Basic Qualifications
10 or more years of relevant work experience with a Bachelor Degree or at least 8 years of experience with an Advanced Degree (e.g. Masters, MBA, JD, MD) 

Preferred Qualifications
10 or more years of relevant work experience with a Bachelor Degree or 8 or more relevant years of experience with an Advanced Degree (e.g. Masters, MBA, JD, MD) 
• CPA equivalent with clear progressive professional accounting experience, preferably in a publicly traded company and/or with a public accounting firm
• Strong accounting, quantitative and analytical skills, and ability to accurately apply key U.S. GAAP to different business situations. Consolidation and Intercompany accounting experience is a plus
• Previous experience managing teams
• Outstanding oral communication, analytical and written skills
• Ability to build teams, strong cross-functional relationships and work collaboratively 
• Ability to manage through change and to lead change when appropriate
• Attention to detail, organized and thorough with the desire for continuous improvement
• Demonstrated experience in driving process improvement
• Proficient with Oracle or similar enterprise accounting system and proficient in utilizing Excel to efficiently analyze data.
• Must be comfortable working in a fast-paced, rapidly changing environment, with expectation of increasing responsibility and scope over time as proficiency in position develops
• Familiarity with the importance of Sarbanes-Oxley and internal control compliance
• Welcomes challenging/complex projects and demonstrates an ability for working smarter not harder by making continuous improvement to the efficiency of processes
• Adapts quickly to changes in a dynamic organizational structure and business processes

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.Describe your perks and culture

Average salary estimate

$100000 / YEARLY (est.)
min
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$80000K
$120000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Finance Manager - RTR process, Visa

Are you a seasoned accounting professional looking to make a meaningful impact in the world of finance? At Visa, we're searching for a Finance Manager specializing in the RTR process to join our vibrant team in Bengaluru, Karnataka, India. In this role, you will lead a team of talented accounting professionals, overseeing critical accounting functions while ensuring compliance with US GAAP. Your main responsibilities will include managing the month-end close process, conducting analytical reviews, and providing invaluable operational support to our various business stakeholders. You'll play a key role in mentoring and training your team to drive efficiency and foster a culture of continuous improvement. We value collaboration and open communication, so you can expect to work closely with cross-functional teams to scale our accounting infrastructure and standardize processes globally. This hybrid role offers the flexibility of remote work while providing the opportunity to engage with colleagues in the office 2-3 days a week, ensuring that your contributions are recognized and valued. At Visa, we celebrate diversity and believe that your growth is our priority. Join us to connect the world through innovative payment solutions and help uplift economies everywhere!

Frequently Asked Questions (FAQs) for Finance Manager - RTR process Role at Visa
What are the responsibilities of a Finance Manager - RTR process at Visa?

As a Finance Manager - RTR process at Visa, your primary responsibilities include leading a team of accounting professionals, overseeing the general accounting operations, and ensuring compliance with US GAAP. You'll manage the month-end close process, conduct analytical reviews on financial statements, and liaise with business stakeholders to provide essential finance operational support.

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What qualifications are required for the Finance Manager - RTR process position at Visa?

To be considered for the Finance Manager - RTR process role at Visa, you'll need at least 10 years of relevant work experience with a Bachelor's degree or 8 years with an advanced degree. Additionally, CPA credentials along with strong analytical and quantitative skills are preferred. Experience managing teams and expertise in Oracle or other enterprise accounting systems is also important.

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How does Visa support the growth of its Finance Manager - RTR process?

At Visa, employee growth is a top priority. As a Finance Manager - RTR process, you'll benefit from ongoing mentorship opportunities, training on best practices, and a culture that embraces continuous learning. You'll be encouraged to spearhead process improvements and engage in professional development that can enhance your skills and advance your career.

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What is the work culture like for a Finance Manager - RTR process at Visa?

The work culture at Visa for a Finance Manager - RTR process is one of collaboration, innovation, and respect for diversity. The company fosters an environment where open communication thrives, allowing team members to share ideas and solutions. Visa values contributions from all individuals and creates an inclusive atmosphere that empowers employees to excel.

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What is the hybrid work model for the Finance Manager - RTR process at Visa?

The Finance Manager - RTR process position at Visa operates under a hybrid work model, which means employees can alternate between working remotely and from the office. Typically, you will be expected to be in the office 2-3 days per week, depending on business needs. This model offers flexibility while promoting teamwork and collaboration with your colleagues.

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Common Interview Questions for Finance Manager - RTR process
Can you describe your experience with month-end close processes as a Finance Manager?

When answering this question, provide specific examples of your past experiences with the month-end close process. Focus on how you managed the steps involved, any challenges you faced, and the improvements you implemented to enhance accuracy and efficiency.

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How do you ensure compliance with US GAAP in your accounting practices?

Discuss your understanding of US GAAP principles and provide instances where you've applied them in previous roles. Highlight how you stay updated on changes to regulations and ensure compliance within your team.

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How do you approach mentoring and training your accounting team?

Share your methods for mentoring team members effectively, such as regular feedback sessions, structured training programs, and encouraging open communication. Mention any success stories where your mentorship led to team improvement.

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What strategies do you use to analyze financial statements and perform flux analysis?

Explain your methodology for analyzing financial statements. You may want to elaborate on the tools you use or the specific metrics you assess to conduct flux analysis and identify trends or discrepancies.

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Can you provide an example of how you've improved an accounting process?

Prepare an example where you successfully streamlined an accounting process, explaining the problem, the steps you took to address it, and the positive outcomes achieved. Show how you leverage this experience in the Finance Manager role.

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What role does technology play in your accounting practices?

Talk about your experience with accounting software, particularly Oracle, and how it has aided in your accounting processes. Describe any specific technologies you've implemented that have enhanced your team's efficiency.

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How do you handle disagreements or conflicts within your team?

Demonstrate your conflict resolution skills by illustrating a situation where you successfully addressed a disagreement. Focus on your communication styles and strategies for fostering collaboration and understanding.

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What do you consider the most challenging aspect of the Finance Manager role?

Reflect on the aspects you find challenging based on your experience, such as managing tight deadlines or adapting to changes in regulations. Explain how you overcome these challenges using your skills and resilience.

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How do you stay informed about industry trends and best practices in finance?

Share your strategies for continuous learning, such as participating in workshops, networking with industry professionals, or following financial news. Highlight any specific resources you rely on to stay updated.

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Why do you want to work at Visa as a Finance Manager - RTR process?

Articulate your motivation for joining Visa by mentioning the company's mission, culture of inclusion, and your enthusiasm for contributing to a leading organization in digital payments. Make connections to your personal values and career goals.

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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
January 6, 2025

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