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Sr. Accounting Analyst - job 3 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

Join Visa as a Sr. Accounting Analyst in Foster City and be a key player in our North American Controllership team! This role is all about diving deep into the accounting and finance operations that are essential for Visa's business functions. Reporting to a Director, you will handle various responsibilities, including the month-end close process, financial reporting, and thorough flux analysis. If you have a solid understanding of US GAAP and a knack for improving operational efficiency, you’ll thrive in this role. You'll be responsible for analyzing financial transactions and applying your expertise to interpret accounting guidance, ensuring compliance and sound judgment in financial documentation. Expect to take ownership of specific components of our North American balance sheet and income statement, confirming balances, completing intricate reconciliations, and preparing journal entries during the month-end close. You’ll establish accounting procedures and document these processes to ensure everything runs smoothly while also aiding fellow accountants by sharing your knowledge. Engage with various management levels and collaborate with internal and external audit teams as you contribute to cross-functional projects. Additionally, you’ll review contracts for compliance with US GAAP and apply revenue recognition principles. In this hybrid role based in our beautiful Foster City offices, you will also be involved in quarterly and annual reporting to support our SEC filings. If you're ready to take on the challenge and make a real impact, 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 main responsibilities include managing the month-end close process, performing flux analysis, and executing financial reporting tasks. You will analyze and interpret financial transactions while ensuring compliance with US GAAP. Your role also involves overseeing specific components of the balance sheet and income statement, executing complex reconciliations, and establishing accounting procedures to enhance operational efficiency.

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What qualifications are required 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 relevant accounting principles. Typically, a bachelor's degree in accounting or finance is required, along with substantial experience in accounting roles. Proficiency in accounting software and strong analytical skills are also essential, as well as the capacity to work collaboratively with cross-functional teams.

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

In the role of Sr. Accounting Analyst at Visa, you'll interact with various management levels within and outside the finance department, along with collaboration with internal and external audit teams. Your role may also involve participation in cross-functional projects, allowing you to work closely with different departments to solve financial issues and enhance efficiency.

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What does the month-end close process entail for a Sr. Accounting Analyst at Visa?

For a Sr. Accounting Analyst at Visa, the month-end close process includes analyzing financial data, confirming balances on the balance sheet and income statement, completing complex reconciliations, and preparing journal entries. Your expertise in US GAAP will guide you in ensuring that all financial transactions are accurately recorded and reported in compliance with regulatory standards.

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What opportunities for growth and development exist for a Sr. Accounting Analyst at Visa?

At Visa, a Sr. Accounting Analyst can expect numerous opportunities for professional growth and development. The role involves working on complex accounting issues, gaining exposure to SEC filings, and engaging in cross-functional projects that enhance skills and knowledge. Visa also fosters a culture of continuous learning, making it an ideal place to advance your career in accounting and finance.

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

When answering this question, share specific examples of your past experience managing month-end closing processes. Describe the steps you took, the tools you used, and how you ensured accuracy and compliance with accounting standards. Highlight any challenges you faced and how you overcame them to demonstrate your problem-solving skills.

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

In responding to this question, discuss how you stay updated with US GAAP regulations and their application in accounting. Mention any resources you use, such as professional training or reference materials. Give an example of how you applied US GAAP to a specific situation to ensure compliance.

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Describe a time you identified a risk area in financial reporting.

When asked about risk identification, provide an example of a situation where you spotted a potential risk in financial reporting. Describe the steps you took to assess the risk and the actions you recommended to mitigate it. This demonstrates your analytical abilities and your proactive approach to risk management.

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What strategies do you use for complex account reconciliations?

Explain your approach to tackling complex account reconciliations, such as the methods you employ to verify data accuracy and completeness. Share a specific instance where your strategy proved effective, showcasing your attention to detail and analytical skills.

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How do you handle conflicting priorities during tight deadlines?

In your response, convey your ability to prioritize tasks effectively. Describe a time when you faced multiple deadlines and how you managed to meet them without compromising the quality of your work. Highlight any tools or techniques you use for time management.

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What experience do you have in preparing financial reports for SEC filings?

Share your experience with SEC filings, including the types of reports you've prepared and the processes involved. Emphasize your understanding of regulatory requirements and your attention to detail, illustrating how you ensure accuracy and compliance in financial disclosures.

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Can you give an example of a successful cross-functional project you've worked on?

Provide a specific example of a cross-functional project, detailing your role and the collaborative efforts involved. Highlight the impact of the project on the organization, showcasing your teamwork and communication skills.

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How do you document accounting procedures and ensure their effectiveness?

Discuss your approach to documenting accounting procedures, emphasizing clarity and thoroughness. Mention any best practices you follow and how you review and update documentation to ensure its effectiveness over time.

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What tools or software programs are you proficient in that are relevant to accounting?

In your response, list specific accounting software and financial tools you are familiar with, highlighting those most relevant to the Sr. Accounting Analyst position at Visa. Discuss any certifications or training you have received in these tools to reinforce your technical skills.

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

When answering this question, express your admiration for Visa's contributions to the finance industry and your enthusiasm for being part of a leading global company. Discuss how the values and mission of Visa align with your professional goals, and articulate how your skills can contribute to their success.

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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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