Company Description
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
The Client Incentive Operations team are responsible for managing Client Incentive and Merchant Acceptance Incentive agreements. We ensure compliance with contractual terms and determine the accounting treatment of each incentive deal and conformity with US GAAP. We use lean/six sigma process methodologies to provide benefits to our stakeholders regarding quality, cost and schedule associated with our work. This role is to support the operations of client incentive teams from all regions worldwide.
Essential Functions:
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- Manage Incentive contracts for all regions
- Analyze newly executed incentive contract terms to assess Visa contractual obligations and determine appropriate accounting treatment based on Visa policy and procedure
- Review proforma to ensure accuracy of contract interpretation and application of Visa accounting policy respectively
- Setup incentive contracts in Oracle Revenue Management and Billing (ORMB) system per contract terms, ensuring that all key obligations have been accurately addressed. Ensure consistencies in the process especially those to accommodate system limitation
- Manage, track, and process contractual payments per terms of contracts accurately and timely for all regions
- Liaise with Sales, Legal and clients to determine the fulfillment of contractual obligations.
- Review on-going contract performance and update future performance /amortization schedules, as needed
- Responsible for inquiries and issue resolution related to the assigned contracts
- Coordinate with the bigger Client Incentive Operations team, understand the various deals across regions and ensure a consistent business process applied globally for a similar contract structure
- Support ad-hoc analysis or project as needed
Ensure key production metrics for the month are met
Qualifications
Basic Qualifications:
1) 7+ years of work experience with a bachelor’s degree or an Advanced Degree (e.g. MBA)
2) 7-10 years of relevant working experience
Preferred Qualifications:
1. Bachelors in accounting
2. Chartered Accountant or CPA preferred but not required
3. Audit or accounting experience
4. Attention to detail and highly organized
5. Self-motivated, ability to function well independently as well as in a team, and comfortable in a fast-paced and dynamic environment
6. Strong leadership and interpersonal skills
7. Strong business analysis skills, excellent verbal, and written communication skills
8. Proficient in advanced Excel skills, familiar with Oracle based application is a plus
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.Describe your perks and culture
Top Skills
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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