Director, Accounting

10 - 15 years

25 - 30 Lacs

Posted:-1 days ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

Title and Summary

  • Director, Accounting Job Title:Director, Accounting [Intercompany]About MastercardMastercard is a global technology company in the payments industry
  • Our mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart, and accessible
  • Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments, and businesses realize their greatest potential
  • Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company
  • With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all
  • Position Overview:We are seeking a highly motivated and experienced Director, Accounting (Intercompany) to lead and drive strategic accounting initiatives within our Global Business Services (GBS) organization, with a focus on intercompany processes
  • This role is pivotal in ensuring the accuracy, efficiency, and compliance of intercompany accounting operations across multiple regions and functions
  • The Director will oversee a manager and team responsible for intercompany journals, reconciliations, invoicing, settlements, and related reporting
  • Role & ResponsibilitiesStrategic Leadership Lead and oversee all intercompany accounting operations, ensuring alignment with organizational objectives and global standards
  • Develop and execute strategies for process improvement, standardization, and automation within intercompany accounting
  • Partner with global stakeholders (Tax, Corporate Controllership, Treasury, and Legal) to drive intercompany initiatives
  • Intercompany Process Management Oversee and approve intercompany journal requests, including review, edit, and denial as appropriate
  • Manage intercompany reconciliations and confirm intercompany balances
  • Direct the preparation and submission of intercompany journals and supporting documentation
  • Oversee intercompany invoicing and settlement processes, including generating invoices and matching reports
  • Finalize intercompany balances and perform settlements with trading partners
  • Manage and resolve disputes and action items related to intercompany transactions
  • Issue close status and monthly reporting for intercompany activities
  • Prepare balances with trading partners and ensure accurate service fees accounting and reconciliations
  • Financial Reporting & Compliance Ensure timely and accurate preparation of intercompany accounting reports and reconciliations in compliance with GAAP and applicable standards
  • Maintain strong internal controls for intercompany processes to ensure compliance with corporate policies and external regulations
  • Team Management & Development Build, lead, and mentor the intercompany accounting team, including direct oversight of the intercompany manager
  • Set clear goals and expectations, provide regular feedback, and foster a culture of continuous improvement
  • Drive a collaborative team environment that promotes innovation and accountability
  • Operational Excellence Oversee month-end close management for intercompany activities
  • Identify and address risks in intercompany financial reporting and operations, implementing mitigation plans as needed
  • Evaluate and implement advanced tools and technologies to streamline intercompany accounting processes
  • Stakeholder Engagement Serve as a key point of contact for internal and external stakeholders regarding intercompany accounting
  • Collaborate with other GBS leaders to harmonize intercompany processes and share best practices
  • Communicate effectively with senior leadership, providing insights into intercompany accounting operations and performance metrics
  • All About You Minimum of 10 years of experience in a senior leadership role within global business services, preferably in a multinational environment
  • Bachelors degree in accounting, Finance, or related field; CPA or equivalent qualification preferred
  • Strong technical expertise in global accounting standards and intercompany regulations
  • Excellent leadership and team management skills, with the ability to inspire and guide a diverse team
  • Exceptional communication skills, with the ability to interact effectively with auditors, cross-functional teams, and leadership
  • Strategic thinking and problem-solving ability
  • Strong interpersonal and relationship-building skills
  • Proactive and results-oriented mindset
  • Ability to thrive in a fast-paced and dynamic environment


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