Accounting Manager

Job Description

Role: The role entails managing regulatory compliance and regulatory reporting requirements for Europe Region as well as lead process improvements within the function as well as enhance the overall control environment. Regulatory reporting Ensure accurate reporting in line with the applicable rules and regulations in Mastercard Europe region, including but not limited to Interchange Fee Regulation (Article 5 - net compensation, Article 7 - Switch/Scheme separation). Support and oversight of net compensation requirements together with the Finance Business Partners. Regulatory compliance: Ensure accurate and timely review and classification of Mastercard products and fees (billing events) in line with the applicable rules and regulations in Mastercard Europe region, including but not limited to Interchange Fee Regulation Article 7. Develop and maintain necessary internal procedures to comply with the above-mentioned regulations, including but not limited to product catalog , product allocation committee and product revenue allocation committee Ensure other key internal processes are compliant with the applicable rules and regulations in Mastercard Europe region, including but not limited access to various finance systems and databases (Oracle, Hyperion, ER, etc.) Maintain internal - Switch/Scheme separation) Liaise with external auditors and provide support for the audit of the Switch/Scheme separation reporting (PL and balance sheet) Internal Control Compliance: Expand first-line risk management accountability and maintain effective risk and control environment Improve governance and the control environment over key processes and policies requirements through trainings, monitoring and reporting. Collaborate and share learnings from global/regional audits with country teams/business to raise attentiveness and reduce repeat issues. Partner with the regional/global stakeholders to identify process(es) risks and facilitate a review of the design of the process(es) and drive recommendations for improvement. Partner with the 3rd line of defence (Internal Audit) Develop appropriate assurances that validate internal control self-assessment responses (timely completion, checklist completeness, etc.) Support the global operational risk team to embed strategy. Ad hoc: Support regulatory audits or requests from regulatory authorities and internal customers Enhance reporting processes, by employing tools and resources to improve the reporting process Any other relevant projects About You: Finance/Accounting/business qualification or related disciplines. Strong understanding of internal controls Big 4 experience is preferred Working knowledge of GAAP with legal entity and treasury accounting experience preferred. Strong proficiency with accounting and finance systems/software applications e.g. Excel and Oracle. Strong knowledge of Internal Control concepts. Driven by a continual process improvement agenda, demonstrated through challenging and improving processes. Detailed orientated with strong analytical and financial skills supported by excellent interpersonal and communication skills. Experience operating in a diverse, multi-functional finance group across time zones is a plus. Must be able to integrate knowledge across various disciplines and work across multi-disciplinary teams. Independent worker and thinker with the ability to follow up on time sensitive issues and ability to drive others.