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Sr. Accounting Analyst - job 9 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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$90000K
$120000K

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What You Should Know About Sr. Accounting Analyst, Visa

Are you ready to take your accounting career to the next level? Join Visa as a Senior Accounting Analyst in our dynamic North American Controllership Team based in Foster City! This role offers a fantastic opportunity to dive deep into the financial operations and accounting activities that shape our North American business functions. As a Senior Accounting Analyst, you’ll report directly to a Director and play a key role in the month-end close process, flux analysis, and tackling complex technical accounting issues. We’re looking for someone with a strong understanding of US GAAP, who thrives on developing and implementing processes for greater operational efficiency. Your responsibilities will range from analyzing financial transactions and ensuring the accuracy of our balance sheet to reviewing contracts for compliance with accounting standards like ASC 606. You'll collaborate with cross-functional teams, engage with management at various levels, and even assist in preparing quarterly and annual reports for SEC filings. This isn't just a role; it's a chance to make a real impact, providing guidance on accounting processes and identifying potential financial risks to help Visa continue its success. If you have a strong sense of ownership, urgency, and a passion for delivering accurate financial insights, we want to hear from you! This hybrid position means you'll work both in our convenient Foster City office and from home. Are you ready to jump in and be part of something great with Visa?

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

As a Senior Accounting Analyst at Visa, you will be responsible for a wide array of critical functions. These include managing the month-end close process, conducting flux analysis, and researching technical accounting issues, all while adhering to US GAAP standards. You will also take ownership of components of Visa's North America balance sheet and income statement, engage in complex account reconciliations, and support quarterly and annual reporting packages for SEC filings.

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What qualifications are required for the Senior Accounting Analyst position at Visa?

To succeed as a Senior Accounting Analyst at Visa, candidates typically need a strong understanding of US GAAP and experience in financial reporting and analysis. A bachelor's degree in accounting or finance, along with relevant professional certifications such as CPA, is often preferred. Additionally, strong analytical skills and experience working with cross-functional teams will be essential for contributing effectively in this role.

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How does Visa ensure compliance with accounting standards in the Senior Accounting Analyst role?

Compliance is a key focus for the Senior Accounting Analyst at Visa. You will closely review contracts for US GAAP compliance and ensure proper application of revenue recognition principles. Moreover, maintaining SOX 404 compliance for your areas of responsibility will be a critical part of your job, as will active participation in internal and external audits, making sure our practices adhere to the highest standards of financial integrity.

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What opportunities for career development does Visa offer for Senior Accounting Analysts?

Visa values professional growth and offers numerous development opportunities for Senior Accounting Analysts. You'll have the chance to lead cross-functional projects, participate in special initiatives, and work directly with different levels of management. The collaborative environment fosters skill expansion and can pave the way for future advancement within Visa's robust finance team.

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What does a typical day look like for a Senior Accounting Analyst at Visa?

A typical day for a Senior Accounting Analyst at Visa revolves around ensuring accurate financial reporting and maintaining compliance. You'll start with reviewing financial transactions, proceed with account reconciliations, and research any technical accounting challenges. Interaction with management and coordination with cross-functional teams will also be part of your day, ensuring seamless communication and collaboration in achieving the company's financial goals.

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Common Interview Questions for Sr. Accounting Analyst
Can you explain your experience with US GAAP?

In answering this question, highlight relevant experiences where you applied US GAAP in your previous accounting roles. Provide specific examples of situations where you interpreted GAAP standards and how this shaped your work processes, especially during month-end closings or financial reporting.

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How do you approach complex account reconciliations?

Describe your systematic approach to account reconciliations, emphasizing attention to detail and accuracy. Discuss specific tools or methods you use to ensure reconciliations are completed effectively and the importance of maintaining a clear audit trail for future reference.

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What techniques do you use to analyze financial data?

Share the techniques you employ for financial analysis, such as variance analysis or trend analysis, and explain how you leverage these techniques to derive meaningful insights. Use past examples to illustrate how your analytical skills led to actionable business recommendations.

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How do you ensure collaboration with cross-functional teams?

Talk about the importance of communication in teamwork. Provide an example of a successful project where cross-functional collaboration was key, detailing how you facilitated communication and cooperation between different teams for successful outcomes.

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Describe a situation in which you had to deal with a technical accounting challenge.

Present a situation that highlights your problem-solving abilities. Describe the challenge, your approach to researching and resolving the issue, and the impact of your solution on the financial reporting process.

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How do you stay updated with changes in accounting regulations?

Discuss your proactive approach to staying informed about accounting regulations, such as following accounting boards, attending webinars, or participating in professional accounting organizations. Provide examples of how you’ve applied this knowledge in past roles.

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Why is SOX compliance important to you?

Express the significance of SOX compliance in maintaining the integrity of financial reporting. Share experiences where you contributed to SOX compliance efforts and highlight how these practices enhance trust and transparency within an organization.

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What financial software are you proficient in?

List the financial software programs you are experienced with, such as SAP, Oracle, or QuickBooks. Mention specific functionalities in these tools that you've used to streamline accounting processes, enhance reporting accuracy, or facilitate collaboration.

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How would you handle discrepancies found during month-end close?

Describe your systematic approach to identifying and resolving discrepancies during the month-end closing process. Mention your collaboration with team members to ensure accuracy and your focus on preventing issues from recurring in the future.

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Can you provide an example of a successful project you led?

Share a narrative about a successful project where your leadership contributed significantly. Details about planning, execution, and the positive outcomes are essential. Provide quantitative results if possible, to highlight your impact.

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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 3, 2025

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