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Sr. Accounting Analyst - job 5 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

$95000 / YEARLY (est.)
min
max
$80000K
$110000K

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 Sr. Accounting Analyst, Visa

Are you ready to step into an impactful role as a Sr. Accounting Analyst with Visa in Foster City? This isn't just any job; it's a key position within Visa's North American Controllership team, where you'll play a vital role in the accounting and finance operations for one of the world's most renowned financial services companies. Collaborating with a diverse group of professionals, you'll dig deep into month-end closing processes, conduct thorough flux analyses, and tackle complex technical accounting issues head-on. If you're a detail-oriented professional with a strong grasp of US GAAP, you'll thrive here! You'll take ownership of various components of the North American balance sheet and income statement, ensuring accuracy during the month-end close as you analyze, interpret, and record financial transactions. Your keen insights will help improve operational efficiency, allowing us to streamline processes and enhance productivity. Plus, being part of cross-functional teams means you'll constantly collaborate with stakeholders, share knowledge, and contribute to special projects that drive positive change. Whether you're performing account reconciliations, reviewing contracts for compliance, or preparing reporting packages for our SEC filings, every day will bring new challenges and opportunities. If you’re looking to make an impact while working in a hybrid environment, where you'll be connecting with both colleagues in the office and remotely, then the Sr. Accounting Analyst position at Visa is your perfect opportunity to grow and excel.

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

As a Sr. Accounting Analyst at Visa, your key responsibilities will encompass a range of accounting activities including month-end close processes, conducting in-depth flux analyses, and resolving technical accounting issues. You'll need to analyze and document financial transactions while ensuring compliance with US GAAP. Additionally, you'll take ownership of different components of the North America balance sheet and income statement, support account reconciliations, and prepare reporting packages necessary for SEC filings.

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

To qualify for the Sr. Accounting Analyst role at Visa, candidates should possess a strong understanding of US GAAP and proven experience in accounting. Typically, a Bachelor's degree in Accounting or Finance is required. Prior experience in a similar position involving month-end closing, financial reporting, and compliance with SOX 404 will significantly benefit candidates. Strong analytical skills and the ability to collaborate with cross-functional teams are also essential.

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How does the Sr. Accounting Analyst contribute to Visa's financial operations?

The contribution of a Sr. Accounting Analyst to Visa's financial operations is vital. You'll analyze and interpret complex financial transactions, ensuring accuracy and compliance throughout the month-end closing process. By conducting detailed analytics, reviewing compliance with revenue recognition principles, and maintaining high standards for reporting, you help strengthen Visa's financial integrity and operational efficiency, solidifying its position as an industry leader.

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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, allowing for a blend of in-office interactions and remote flexibility. Located in Foster City, this role encourages collaboration across various levels of management and teams, fostering a dynamic culture of teamwork. Expect to work closely with both internal and external audit teams while being part of special projects that contribute to Visa's growth and success.

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What opportunities for growth can the Sr. Accounting Analyst position at Visa offer?

The Sr. Accounting Analyst position at Visa offers significant opportunities for professional growth and development. As part of a high-performing team, you'll gain exposure to a wide range of accounting functions and complex financial issues. This role also allows you to take ownership of critical components within the North American financial framework, positioning you for advancement within the organization. Continuous learning and career progression are highly encouraged at Visa.

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Common Interview Questions for Sr. Accounting Analyst
Can you describe your experience with US GAAP and how it applies to the Sr. Accounting Analyst role?

When discussing your experience with US GAAP during the interview, focus on specifics. Share examples of how you've applied GAAP principles in previous roles, particularly in month-end close activities. Highlight your understanding of how GAAP impacts financial reporting and compliance, and provide instances where you've had to research or interpret GAAP related to technical accounting issues.

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What processes have you implemented in previous roles to enhance operational efficiency?

When answering this question, identify a specific process you've implemented that positively affected operational efficiency. Discuss not only what the process was but also how you identified the need for improvement. Provide measurable outcomes where possible, such as reduced turnaround times or more accurate reporting, to illustrate the impact of your contributions.

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How do you handle tight deadlines and multiple priorities?

In response, discuss your prioritization strategy. Describe your approach to managing tight deadlines, such as breaking work into manageable tasks, using project management tools, or employing effective time management techniques. Mention how you communicate with team members when needing to adjust priorities and how this relates to ensuring quality in your work.

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What tools or software are you proficient in that are relevant to the Sr. Accounting Analyst position?

When answering this question, emphasize your knowledge of accounting software and tools that you have used, like ERP systems, Excel, or financial reporting software. Discuss how you've effectively used these tools to enhance your accounting practices, streamline reporting, or improve collaboration among teams, illustrating your technical skills.

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Can you provide an example of a complex accounting issue you've resolved?

This is a chance to showcase your problem-solving skills. Detail a specific complex accounting issue you faced, explaining the context, your analysis process, and the eventual solution. Highlight the importance of documentation, adherence to GAAP, and how your actions benefited the financial integrity of the organization.

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How do you ensure accuracy while performing financial reconciliations?

Detail your approach to accuracy in financial reconciliations. Discuss methods you employ such as double-checking figures, using software tools for validation, and maintaining thorough documentation to support your work. Illustrating a methodology that emphasizes diligence and attention to detail will resonate well with interviewers.

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Describe your experience collaborating with cross-functional teams.

Make sure to share specific examples from your past work experiences. Explain how you effectively communicated with team members from different functions, the roles that you played, and how your input contributed to achieving common goals. Highlight any challenges faced and how you overcame them through collaboration.

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What is your approach to keeping up with changes in accounting regulations?

Discuss your proactive strategies for staying informed about changes in accounting regulations. Mention resources you utilize, such as professional organizations, webinars, or continuing education courses. Emphasize your commitment to lifelong learning and how this habit would benefit your performance as a Sr. Accounting Analyst at Visa.

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How do you handle a disagreement in accounting interpretations with a team member?

Talk about the importance of communication and collaboration when addressing disagreements. Share how you would approach the situation, emphasizing active listening and respect for differing viewpoints. A focus on finding a solution that aligns with GAAP and the company’s policies will highlight your professionalism.

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What key metrics do you focus on during the monthly close process?

Explain the specific metrics you consider important for the monthly close process, like revenue recognition accuracy, compliance with accounting standards, or timely reporting. Discuss how you use these metrics to guide your actions and ensure the close process is efficient and meets Visa's standards for financial accuracy.

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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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