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Sr. Accounting Analyst(R2R experience is a must)

Company Description

Visa is a world leader in payments and technology, with over 259 billion payments transactions flowing safely between consumers, merchants, financial institutions, and government entities in more than 200 countries and territories each year. Our mission is to connect the world through the most innovative, convenient, reliable, and secure payments network, enabling individuals, businesses, and economies to thrive while driven by a common purpose – to uplift everyone, everywhere by being the best way to pay and be paid.

Make an impact with a purpose-driven industry leader. Join us today and experience Life at Visa.

Job Description

This role sits in Visa’s Bengaluru ATR team, which is responsible for supporting 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 be responsible for accounting activities for North American Business Functions including month-end close, as well as analysis including research of technical accounting issues.  The ideal candidate will have a strong understanding of US GAAP, the ability to 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 consolidated balance sheet and income statement, review and confirm consolidated 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.
  • 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.
  • Handle ad-hoc projects as assigned by the Management.

This is a hybrid position. Hybrid employees can alternate time between both remote and office. Employees in hybrid roles are expected to work from the office 2-3 set days a week (determined by leadership/site), with a general guidepost of being in the office 50% or more of the time based on business needs.

Qualifications

Basic Qualifications:
• 8 years of work experience with a Bachelor’s Degree or at least 6 years of work experience with an
Advanced accounting degree

Preferred Qualifications:
• 6-8 years of work experience with a diploma/degree in accounting/finance (or related fields)
• CA or ACCA or CPA equivalent with clear progressive professional accounting experience,
preferably in a publicly-traded company and/or with a public accounting firm
• Knowledge of US GAAP/IFRS and SEC requirements
• Proficient with Oracle or similar enterprise accounting system and proficient in utilizing Excel to
efficiently analyze data
• Strong customer service and communication skills
• Must be comfortable working in a fast-paced, rapidly changing environment
• Project credibility and knowledge of business acumen
• Ability to define/solve end-to-end problems and issues
• Strong technical, quantitative and analytical skills. Strong attention to detail and accuracy.
• Strong interpersonal and communication skills, including excellent written, oral, listening and
presentation skills. Ability to work well under pressure and interact at all levels
• Capable of handling multiple tasks, possess good organizational and analytical skills, able to work
independently, and be extremely flexible
• Welcomes challenging/complex projects and demonstrates an ability for working 'smarter not
harder' by making continuous improvement to the efficiency of processes he/she contributes to.
• Teamwork is essential to the group, so it is critical that the candidate interact with other team
members and managers collaboratively and effectively

Additional Information

Visa is an EEO Employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability or protected veteran status. Visa will also consider for employment qualified applicants with criminal histories in a manner consistent with EEOC guidelines and applicable local law.

Average salary estimate

$100000 / YEARLY (est.)
min
max
$80000K
$120000K

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(R2R experience is a must), Visa

Join Visa as a Sr. Accounting Analyst in our vibrant Bengaluru team and be part of a world-class payments and technology leader! At Visa, we process over 259 billion transactions securely every year, and as part of this mission-driven organization, you will play an essential role in supporting our North American business functions and corporate accounting activities. In this role, you'll be responsible for month-end closing, analyzing financial transactions, and ensuring compliance with US GAAP. Your keen analytical skills will shine as you engage with cross-functional teams to address complex accounting issues and improve operational efficiencies. You'll also have the opportunity to own components of the consolidated balance sheet and income statement, prepare quarterly and annual reporting packages for SEC filings, and participate in special projects that shape Visa’s financial landscape. We look for candidates with strong technical skills and a desire to contribute meaningfully to the team. If you have a background in accounting with a solid grasp of financial regulations and enjoy collaborating within a dynamic environment, this could be the perfect opportunity for you! Let's make a positive impact together!

Frequently Asked Questions (FAQs) for Sr. Accounting Analyst(R2R experience is a must) Role at Visa
What are the key responsibilities for the Sr. Accounting Analyst at Visa?

The key responsibilities for the Sr. Accounting Analyst at Visa include analyzing and interpreting financial transactions, managing month-end close processes, and collaborating with cross-functional teams to address operational accounting issues. You'll also research technical accounting matters, prepare financial reports, and ensure compliance with US GAAP.

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

Candidates for the Sr. Accounting Analyst position at Visa should have 8 years of work experience with a Bachelor’s Degree or 6 years with an Advanced accounting degree. Preferred qualifications include professional accounting designations such as CA, ACCA, or CPA, and experience in publicly-traded companies or public accounting firms.

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How does Visa support professional growth for a Sr. Accounting Analyst?

Visa supports professional growth by encouraging continuous learning and skill development, providing access to training resources, and offering opportunities to participate in special projects. Teamwork and collaboration are valued, contributing to a culture of support and knowledge sharing among employees.

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

A Sr. Accounting Analyst at Visa should be proficient with enterprise accounting systems such as Oracle and have strong Excel skills to analyze data effectively. An understanding of US GAAP, IFRS, and SEC requirements is also crucial for success in this position.

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What is the work environment like for a Sr. Accounting Analyst at Visa in Bangalore?

The work environment for a Sr. Accounting Analyst at Visa in Bangalore is hybrid, providing flexibility to work from home and the office. Employees are expected to be in the office 50% of the time, allowing for a balance of remote work and collaborative team engagement.

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Common Interview Questions for Sr. Accounting Analyst(R2R experience is a must)
Can you explain your experience with month-end closing processes as a Sr. Accounting Analyst?

When discussing your experience with month-end closing processes, focus on specific tasks you've handled, such as preparing journal entries, reconciling accounts, and ensuring compliance with accounting guidelines. Highlight any improvements you made and how you collaborated with other departments to ensure accuracy and efficiency.

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How do you approach analyzing technical accounting issues?

To analyze technical accounting issues, I first conduct thorough research on the relevant regulations such as US GAAP, then document my findings to ensure clarity and comprehensiveness. Providing well-reasoned conclusions based on accurate interpretation is vital, as is keeping communication open with stakeholders for alignment.

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What strategies do you use for effective team collaboration?

Effective team collaboration starts with open communication and mutual respect. I ensure that I actively listen to my team members' input and provide feedback. I also prioritize sharing information and resources promptly to keep everyone aligned towards our common goals.

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Describe your experience with financial reporting and SEC filings?

I have extensive experience in preparing financial reports in compliance with SEC filing requirements. This includes ensuring timely and accurate submissions, drafting financial statement disclosures, and collaborating with external auditors to provide required information and clarify any potential queries.

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How do you handle tight deadlines and high-pressure situations?

In high-pressure situations, I prioritize tasks using a detailed plan, breaking down large projects into manageable portions. I maintain open communication with my team and stakeholders, and if necessary, I delegate tasks to ensure that we meet deadlines without compromising on quality.

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Can you provide an example of a complex accounting problem you solved?

One notable complex accounting problem I faced involved reconciling discrepancies in the balance sheet. By carefully reviewing transaction details and liaising with relevant teams, I identified and corrected errors and implemented preventive measures to enhance the reconciliation process moving forward.

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How familiar are you with SOX compliance requirements?

I have a solid understanding of SOX compliance requirements. My experience includes ensuring that my accounting practices follow prescribed internal control measures and documentation protocols, which are critical for compliance with regulations surrounding financial reporting.

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What skills do you think are essential for a successful Sr. Accounting Analyst?

Essential skills for a successful Sr. Accounting Analyst include strong analytical abilities, attention to detail, thorough knowledge of accounting standards, excellent communication skills, and the ability to work collaboratively under pressure, all of which help navigate complex financial landscapes effectively.

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Tell us about a time you improved a financial process.

I once streamlined our reconciliation process by introducing automated tools to enhance accuracy and reduce the processing time significantly. This not only saved hours of manual work but also improved our reporting timelines and reduced errors.

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How do you ensure accuracy in your work?

I ensure accuracy in my work by following a meticulous process for checking my calculations and reconciling figures against source documents. I also seek feedback and leverage peer reviews at key stages, which aids in catching potential errors before finalizing reports.

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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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