Visa Looking For Associate Financial Analyst at Bengaluru East, Karnataka, Full Time

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

The Associate Financial Analyst is a key member in the CEMEA Controllership Operations team. The role is responsible for working closely with the CEMEA Controllership Operations team in ensuring that business processes initiated across CEMEA are operated in an effective and compliant manner and are in adherence to established policies and procedures. The role works collaboratively with CEMEA Controllership Operations team members, Business Units, and other control BUs (especially Compliance, Legal, Sourcing, and Contracts Management) to implement and maintain a robust controls including remediation actions required.

This role reports to the Director of Controllership and will functionally collaborate closely with the Head of CEMEA Controllership Operations, Hub Controllership Operations team, and CEMEA Country Controllers to maintain activities and processes that allow the business units to run effectively and efficiently by focusing on:

Supporting the business with their respective business opportunities in providing commercial advice and of relevant policies and procedures.

• Implementing a continuously improving controls and process framework that complies with Visa policy and procedures.
• Develop remediation plans to address identified issues impacting the controls and processes environment.

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 three days a week with a general guidepost of being in the office 50% of the time based on business needs.

What an Associate Financial Analyst do at Visa:

• Provide support to CEMEA Units in supporting business opportunities to achieve a positive outcome and ensuring compliance to policies and procedures.
• Consult with controls Business Units such as Sourcing, Contracts Management, Compliance and Legal to implement and adhere to business procedures to ensure robust controls are in place
• Ensure consistency in CEMEA wide approach to delivering guidelines to executing business in accordance with policies and procedures, including but not limited to the following:
• Assist Business Units to fulfill Supplier transactions such as raising Purchase Requisition, reviewing supporting documents submitted by Business Units and perform Receiving for Business Units in Ariba for monthly accruals and expensing.
• Assist Business in reviewing contracts to ensure the business intent and commercial terms are clearly stated.
• Ensure due diligence are complete and accurate for contracts/work statements and fully signed documents (original copies) are filed with Legal team.
• Facilitate prepayment approval requests so that approvals are obtained, prevent unnecessary upfront payments to suppliers and track approved prepayments.
• Ensure proper account coding, especially in terms of Contra Revenue-versus-Opex account classification and prepayment accounting treatment.
• Review supporting documents for Receiving in Oracle and perform Receiving for Business.
• Ensure Pipeline (Project registration) report is updated so that each stage or tranche of every transaction is monitored and executed perfectly without violation to Visa’s policies and procedures, required supporting documents are filed in project folders for documentation purpose (as evidence of due diligence) and Purchase Orders closed in a timely manner.
• Review progress and closure of projects to ensure transactions are accurately closed in a timely manner by ensuring Business Units submit valid attestations that Visa’s obligations fully discharged, and Business Partners’ obligations fully delivered.
• Work closely with the CEMEA Controllership Operations team to ensure seamless execution of all projects
• Maintain up-to-date Standard Operating Procedure (SOP) documentation.
• 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 effectively and efficiently.
• Work extensively in a team environment with Hub functions, as well as Compliance, Legal, Sourcing and Contracts Management teams. business, FP&A, CEMEA Hub Operations, 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.
• Deliver as a team to meet group scorecard, KPI and goals.

Qualifications

Basic Qualification

• Minimum of 6 months of work experience or a Bachelor’s Degree

Preferred Qualification

• Prior work experience in business operations, compliance, audit, or risk with

focus on operational controls.

• 3 – 5 years of business experience.
• Strong Audit, business controls, compliance & risk function experience desired.
• Experience in financial services or payments industry preferred.

Technical

• Bachelor’s degree in a business discipline, with higher degree qualifications

preferred.

• Good finance and accounting knowledge.
• Knowledge of card and payments industry preferred.
• Excellent Microsoft Excel and Access working knowledge.

Business

• Strong problem-solving skills, with demonstrated ability to identify and resolve

issues and risks, including root cause analysis.

• Ability to anticipate and identify opportunities to establish standards and

controls, as well as develop and recommend solutions.

• Ability to work effectively in a matrix management structure, which is diverse,

international with a multi-cultural environment.

• Effective communication, interpersonal and influencing skills and ability to

drive effective change at all levels of the organization.

• Detailed, conscientious and highly responsible team player.
• Superior business English, both oral and written is essential.

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.