Senior Accounting Manager

Posted Yesterday
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Foster City, CA
Senior level
Fintech • Information Technology • Payments
Join a world leader in payments and technology!
The Role
As a Senior Accounting Manager, you'll oversee the compensation and benefits, litigation, and equity accounting activities for North America. You'll lead a team of accounting professionals, manage month-end close processes, ensure compliance with accounting standards, support financial reporting, and collaborate with various departments to improve accounting processes and controls.
Summary Generated by Built In

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 is part of Visa's North America Controllership team, responsible for the accounting and finance operations of North America's corporate accounting activities. The team is integrated into the broader Global Controllership function within Global Finance. We are seeking a highly skilled and experienced Senior Accounting Manager to lead and mentor a team of accounting professionals. This role will oversee the compensation and benefits, litigation, and equity accounting activities for North America and Global, including month-end close and consolidation, analytical review, and research of technical and operational accounting issues. The ideal candidate will have a strong understanding of US GAAP, stock based compensation, and equity accounting, and SOX 404 compliance, and will work closely with various departments to ensure accurate and timely financial reporting.

As the Senior Accounting Manager, you will play a key leadership role in the Controllership organization, focusing on close-the-books process improvement, system optimization projects, scaling accounting infrastructures, standardizing processes globally, and mentoring the accounting team. This position offers the opportunity to lead accounting at a public company that is growing in scale and complexity. You will have the chance to work cross-functionally and with an experienced and dynamic leadership team that supports your career development.

Work Arrangement: This is a hybrid position. Hybrid employees can alternate time between remote and office work. Employees in hybrid roles are expected to work from the office three days a week—Tuesdays, Wednesdays, and Thursdays—with a general guidepost of being in the office 50% of the time based on business needs.

Essential Functions:

  • Lead, mentor, and develop a team of two or more accounting professionals, providing guidance on accounting issues. Cultivate a culture of continuous improvement, encouraging process automation and the use of systems to drive efficiency.
  • Review US GAAP consolidated financial statements, including flux analysis for the income statement, balance sheet, statement of cash flows, and stockholders’ equity. Ensure all results are fully reconciled and analyzed in a timely manner.
  • Lead the monthly close and assist the global consolidation process, including preparing and reviewing journal entries and account reconciliations for all compensation/benefit areas including equity and litigation.
  • Oversee and review the work of other accountants within the team, ensuring accuracy and compliance with company policies and accounting standards.
  • Collaborate with key stakeholders in Payroll, Treasury, Tax, Legal, HR, Finance and Visa’s shared service center to develop and maintain processes, policies, systems, controls, and compliance for related areas.
  • Implement best-in-class global close processes while documenting effective internal controls.
  • Support the North America Controller and Senior Director with the preparation of monthly and quarterly reporting packages for management and other periodic reporting as needed.
  • Maintain a strong understanding of equity and stock based compensation accounting.
  • Serve as the primary interface with external auditors, coordinating the execution of quarterly and annual audits.
  • Build and maintain a best-in-class internal control environment at scale, ensuring process documentation and SOX 404 compliance for areas of responsibility.
  • Assist with the quarterly and annual preparation of reporting packages to support SEC filings.
  • Partner with key stakeholders to resolve queries and issues promptly and effectively.
  • Lead and participate in various special projects, such as global process standardization, process improvements, system upgrades, and new business initiatives. Identify potential financial-related risk areas and provide sound recommendations and solutions for risk mitigation.
  • Develop and grow the existing team to support accounting-specific requirements and the overall growth of the company.
  • Handle ad-hoc projects as assigned by management.

Qualifications

Basic Qualifications:
• 8 or more years of relevant work experience with a Bachelor’s Degree, or at least 7 years of experience with an Advanced Degree (e.g., Masters, MBA, JD, MD).
• CPA or equivalent
Preferred Qualifications:
• 8 or more years of work experience with a Bachelor’s degree in Accounting, with a focus on Compensation, Benefits, and Equity Accounting.
• Clear progressive professional accounting experience, preferably in a publicly traded company and/or with a public accounting firm.
• Strong accounting, quantitative, and analytical skills, with the ability to accurately apply key US GAAP principles to different business situations.
• Previous experience managing teams.
• Outstanding oral communication, analytical, and written skills.
• Ability to build teams, foster strong cross-functional relationships, and work collaboratively.
• Ability to manage through change and lead change when appropriate.
• Attention to detail, highly organized, and thorough, with a desire for continuous improvement.
• Demonstrated experience in driving process improvement.
• Proficient with Oracle or similar enterprise accounting systems and skilled in utilizing Excel to efficiently analyze data.
• Must be comfortable working in a fast-paced, rapidly changing environment, with the expectation of increasing responsibility and scope over time as proficiency in the position develops.
• Familiarity with the importance of Sarbanes-Oxley and internal control compliance.
• Welcomes challenging/complex projects and demonstrates an ability to work smarter, not harder, by continuously improving the efficiency of processes.
• Adapts quickly to changes in a dynamic organizational structure and business processes.

Additional Information

Work Hours: Varies upon the needs of the department.

Travel Requirements: This position requires travel 5-10% of the time.

Mental/Physical Requirements: This position will be performed in an office setting. The position will require the incumbent to sit and stand at a desk, communicate in person and by telephone, frequently operate standard office equipment, such as telephones and computers.

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.

Visa will consider for employment qualified applicants with criminal histories in a manner consistent with applicable local law, including the requirements of Article 49 of the San Francisco Police Code.

U.S. APPLICANTS ONLY: The estimated salary range for a new hire into this position is 142,200.00 to 206,350.00 USD per year, which may include potential sales incentive payments (if applicable). Salary may vary depending on job-related factors which may include knowledge, skills, experience, and location. In addition, this position may be eligible for bonus and equity. Visa has a comprehensive benefits package for which this position may be eligible that includes Medical, Dental, Vision, 401 (k), FSA/HSA, Life Insurance, Paid Time Off, and Wellness Program.

Top Skills

Excel
Oracle
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The Company
HQ: San Francisco, CA
26,500 Employees
On-site Workplace
Year Founded: 1958

What We Do

At Visa, we are driven by a common purpose – to uplift everyone, everywhere by being the best way to pay and be paid. As our products and technology have evolved with the world, Visa remains ubiquitous, reaching new customers in new and often invisible ways. We are at the center of this digital revolution with a network that connects people with over 80 million businesses all over the world. And Visa’s network is expanding, accelerating our growth. Our resilient business model, with its strong track record of success, will provide you with amazing opportunities to grow in your career, as well.

We are looking for people like YOU. Come join a people-centric company where you can invest in your career.

For more information, visit visa.com/about, visacorporate.tumblr.com and @VisaNews on Twitter.

Why Work With Us

Our employees are our company. Creating an inclusive and diverse workplace has been our key priority. With our purpose to “uplift everyone, everywhere” as our guide, we’re building an environment where diverse backgrounds and perspectives are celebrated and drive success inside our company and out in our communities.

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