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Sr. Accounting Analyst - job 8 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 on a pivotal role as a Sr. Accounting Analyst with Visa in beautiful Foster City? In this exciting position within Visa's North American Controllership team, you will be at the forefront of accounting and finance operations that drive our North American business functions. Your expertise will help shape corporate accounting activities and ensure we maintain compliance with US GAAP. As you report directly to a Director in North America Controllership, you will dive into essential tasks including month-end close activities, flux analysis, and resolving technical accounting issues. We are looking for someone who is not only knowledgeable in financial transactions but is also skilled in developing processes that enhance operational efficiency. You will collaborate with cross-functional teams while taking ownership of crucial components of the balance sheet and income statement. This means performing complex account reconciliations, providing guidance to fellow accountants, and preparing detailed reporting packages for SEC filings. Your ability to engage with various levels of management and contribute to special projects will be highly valued. If you have a passion for finance, a keen eye for detail, and are ready to make an impact in a hybrid work environment, we invite you to explore this opportunity at Visa!

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 include analyzing and recording financial transactions, conducting flux analysis, managing the month-end closing process, and ensuring compliance with US GAAP. You will also lead account reconciliations, review contracts for proper accounting treatment, and prepare quarterly and annual reporting packages to support SEC filings.

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

To excel as a Sr. Accounting Analyst at Visa, candidates typically need a strong understanding of US GAAP and previous experience in accounting roles. A degree in Accounting or Finance is essential, and familiarity with complex financial transactions is critical. Moreover, skills in developing operational processes, analytical problem-solving, and effective communication with teams are vital.

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

Essential skills for a Sr. Accounting Analyst at Visa include a deep understanding of US GAAP, strong analytical and problem-solving abilities, effective communication skills, and proficiency in developing operational efficiencies. Additionally, a sense of ownership and urgency when managing financial transactions and accounting processes is critical.

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

In the Sr. Accounting Analyst role at Visa, interaction with various levels of management, cross-functional teams, and internal and external audit groups is fundamental. This collaboration is key to effectively managing accounting practices and ensures financial reporting and operations remain seamless and compliant.

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

The work environment for a Sr. Accounting Analyst at Visa is hybrid, based in Foster City, CA. This means you will have a combination of in-office days and the flexibility to work remotely. The exact number of office days will be confirmed by your hiring manager, fostering a balance between collaboration and independent work.

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

Employers will look for your ability to apply US GAAP principles in your previous roles. Provide examples where you interpreted GAAP for various financial transactions or addressed compliance issues. Highlight any situations where your analytical skills led to identifying errors or improving processes.

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How do you manage month-end closing processes in your accounting role?

Discuss the strategies you use to streamline month-end closing processes. Mention any software or tools you employ to ensure accuracy and efficiency, and how you collaborate with your team to minimize errors and meet deadlines.

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What steps do you take to conduct a flux analysis?

Explain your process for conducting flux analysis, such as gathering historical data, identifying significant variances, and investigating the causes behind these changes. Emphasize your analytical skills and how this has helped improve financial reporting accuracy.

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Can you provide an example of a complex account reconciliation you managed?

Share a specific instance where you handled a complex account reconciliation, detailing the challenges you faced, the steps you took to resolve discrepancies, and what was learned from that experience to enhance future reconciliations.

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How do you approach special projects in an accounting role?

Discuss your experience participating in special projects by describing how you identify risks, develop solutions, and collaborate with different teams. Emphasize your ability to take ownership of the project outcomes while ensuring compliance with financial guidelines.

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What do you consider your biggest achievement in your accounting career?

Share a proud accomplishment that demonstrates your skills and contributions as an accounting professional. This could be related to a specific project, process improvement, or successfully managing financial reporting under tight deadlines.

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How do you ensure compliance with internal controls and SOX requirements?

Talk about your practical experience in implementing and adhering to internal controls and SOX requirements. Explain how you ensure thorough documentation, regular audits, and consistent communication with your team to maintain compliance.

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What is your experience with financial reporting and SEC filings?

Detail your involvement with financial reporting processes and your experience preparing SEC filings. Discuss the importance of accuracy, compliance, and clarity in these reports and any tools you leverage to support this work.

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How do you handle competing priorities in a fast-paced environment?

Provide examples of how you've effectively managed competing priorities and tight deadlines in your accounting role. Share any techniques or tools you use to prioritize tasks and remain organized.

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Why do you want to work as a Sr. Accounting Analyst at Visa?

Articulate your enthusiasm for the role and the organization. Highlight what excites you about Visa’s mission and values, and how your skills and experiences align with the company's objectives, showing that this role is a natural next step in your career.

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Full-time, hybrid
DATE POSTED
April 3, 2025

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