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Sr. Accounting Analyst - job 10 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

As a Sr. Accounting Analyst at Visa in Foster City, you will play a crucial role within our North American Controllership team. This vibrant group is dedicated to managing the accounting and finance operations for our North American business functions, as well as overseeing corporate accounting activities. Reporting directly to a Director in North America Controllership, your responsibilities will include the essential month-end close and a deep dive into flux analysis, ensuring that our accounting practices adhere to US GAAP. You will leverage your expertise to interpret complex financial transactions, document your research on accounting issues, and establish robust procedures to improve operational efficiency across the board. Your keen analytical skills will come into play when you take ownership of components of the North America balance sheet and income statement, perform account reconciliations, and support the closing process. In this hybrid role, you'll interact with various levels of management and collaborate with internal and external audit teams, making your contribution critical to the overall success of our financial operations. We’re looking for someone with a strong sense of ownership, effective communication skills, and a passion for tackling accounting challenges. If you’re eager to engage with cross-functional teams and contribute to special projects that enhance our financial landscape, Visa is the place for you!

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

As a Sr. Accounting Analyst at Visa, your primary responsibilities involve analyzing, interpreting, and recording financial transactions, ensuring compliance with US GAAP, and taking ownership of components of the North America balance sheet and income statement. You will handle month-end close activities, perform complex account reconciliations, and support the preparation of quarterly and annual reporting packages for SEC filings.

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

To be successful as a Sr. Accounting Analyst at Visa, candidates should possess a deep understanding of US GAAP, excellent analytical skills, and experience in month-end closing processes. While a bachelor's degree in accounting or finance is typically required, relevant work experience in similar roles will significantly strengthen your candidacy.

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How does the Sr. Accounting Analyst role at Visa collaborate with other departments?

In the Sr. Accounting Analyst position at Visa, you will frequently interact with various levels of management and collaborate with internal and external audit teams. Additionally, you will participate in cross-functional projects which require efficient communication and teamwork to resolve queries and address accounting issues across departments.

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What skills are essential for success as a Sr. Accounting Analyst at Visa?

Successful Sr. Accounting Analysts at Visa exhibit strong analytical and problem-solving skills, a thorough understanding of accounting principles, and the ability to communicate effectively with diverse teams. Moreover, attention to detail and a proactive attitude towards identifying and mitigating financial risks are also crucial for this role.

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What opportunities for professional growth are available for Sr. Accounting Analysts at Visa?

Visa encourages professional growth by providing opportunities for career advancement through participation in special projects, ongoing training programs, and the chance to work closely with senior leadership within the finance department. This role can serve as a stepping stone to higher positions in the accounting and finance field.

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Common Interview Questions for Sr. Accounting Analyst
Can you explain the month-end close process?

In your response, outline the steps involved in the month-end close process, highlighting the importance of accurate accounting entries, reconciliations, and report generation. Mention how you ensure compliance with accounting standards and maintain effective communication with all relevant departments.

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How do you stay updated on changes in US GAAP?

Discuss your strategies for staying current with US GAAP changes, such as following key accounting publications, participating in webinars, or being a member of professional accounting organizations, and how you apply this knowledge in your work.

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Describe your experience with flux analysis.

Share concrete examples of how you have conducted flux analysis in previous roles, detailing the techniques you used to identify variances and communicate their significance to management.

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What steps do you take to ensure compliance with SOX 404?

Explain your understanding of SOX 404, detailing any specific processes you've implemented to ensure compliance, such as documentation practices, internal control assessments, and regular audits.

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How do you handle tight deadlines during the closing process?

Illustrate your time management skills by providing examples of how you've successfully met tight deadlines in previous accounting roles. Highlight the strategies you use to prioritize tasks and collaborate with your team.

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What methodologies do you use for financial analysis?

Discuss the financial analysis methods you're familiar with, such as variance analysis or ratio analysis, and how you've applied them to support decision-making and fiscal responsibility in your past roles.

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How do you approach problem-solving in accounting?

Illustrate your problem-solving approach by providing a specific example of a complex accounting challenge you've faced and how you resolved it using analytical skills and collaboration with others.

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What experience do you have with financial reporting?

Detail your experience with preparing financial reports, focusing on the types of reports you've developed and how you've ensured accuracy and compliance with regulatory requirements.

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How do you document accounting processes?

Explain the importance of documenting accounting processes and give examples of how you have created or maintained documentation to facilitate transparency and compliance, particularly regarding SOX provisions.

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Can you discuss a time you had to communicate complex financial information?

Share a specific instance that demonstrates your ability to distill complex financial data into clear, actionable insights for non-finance stakeholders, showcasing your communication skills and adaptability.

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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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