Visa Hiring for Financial Analyst-2 at Bengaluru, Karnataka Full Time

Visa is a world leader in digital payments, facilitating more than 215 billion payments transactions between consumers, merchants, financial institutions and government entities across 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.

When you join Visa, you join a culture of purpose and belonging – where your growth is priority, your identity is embraced, and the work you do matters. We believe that economies that include everyone everywhere, uplift everyone everywhere. Your work will have a direct impact on billions of people around the world – helping unlock financial access to enable the future of money movement.

Join Visa: A Network Working for Everyone.

Job Description

Global Controllership is responsible for establishing Visa’s global accounting policies, providing technical accounting guidance to the business, processing accounting transactions globally and consolidating all Visa entities financial results. The team is responsible for the accuracy and timeliness of the Visa Inc. financial statements under U.S. GAAP (Generally Accepted Accounting Principles), and local statutory financial statements under IFRS (International Financial Reporting Standards)

What a Financial Analyst does at Visa:
Perform & Review invoices, payments, and other payable activities within defined SLA for a portfolio of geographic countries and ensure high quality accuracy, timeliness, efficiency, and compliance to US GAAP, SEC, and SOX requirements

Maintain the accuracy of historical data and records

Maintain up-to-date Standard Operating Procedure (SOP) documentation.

Support in audit and tax matters and aged analysis on payable control account

Ensure Withholding Tax (WHT), Goods and Services Tax (GST), Value Added Tax (VAT) and Tax Deducted at Source (TDS) are correctly accounted for, and send monthly tax report to Outsource Service Providers for Tax Return Preparation

Liaise with Outsource Service Providers and Tax department on treatment of withholding taxes.

Coordinate with the Treasury department to fund corporate bank accounts

Perform quarterly account reconciliations to ensure accurate reporting with no aged unreconciled accounts

Support business units’ conduct of business transactions to ensure compliance with applicable accounting standards, laws, policies, and procedures.

Deliver strong customer service and support, demonstrate initiative in providing resolution to remediate the invoice and payment issues, and implement effective accounts payable controls to avoid re-occurrence.

Work closely with the business, FP&A, Operations Support, Sourcing, and other stakeholders to influence and drive issue resolution and initiate changes to enhance internal control and efficiency

Prioritize tasks within job function balancing the need to meet tight deadlines and other corporate demands.

Identify and deliver continuous improvement of the finance operations processes.

Expert in advanced Excel and Presentation skills preferred.

Deliver as a team to meet group scorecard, KPI and goals.

Why this is important to Visa

The Financial Analyst will be a key member for the Accounts Payable (AP) processes, ensuring accurate and timely processing of invoices, payments, and other payable activities for a portfolio of countries in the Asia Pacific region, and in compliance with US GAAP, local statutory laws and accounting standards, corporate policies/procedures, and key controls. Constantly challenge status quo and be a change agent with the objective of driving for efficiencies but not compromising on controls. This role will report to the Accounts Payable Senior Manager. The role will be open in Bengaluru (Bangalore), India

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

Qualifications:

• Degree in Accounting or equivalent and Minimum 6 years relevant payables experience
• Familiar with US GAAP/IFRS and SEC requirements and Data skills
• Knowledge of regional bank standards, cross border payments and other multi-currency requirement.
• Effective written and verbal communication skills. Ability to effectively interact, verbally and in writing, with stakeholders
• Teamwork capabilities, interpersonal aptitude, adaptability, critical thinking, and work ethics

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.