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Sr. Finance Analyst

Sr. Finance Analyst

Visa

2 - 7 years

4 - 9 Lacs

bengaluru

Posted:5 days ago| Platform:

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Skills Required

business process interpersonal skills us gaap business analysis accounting billing advanced excel oracle auditing lean six sigma

Work Mode

Work from Office

Job Type

Full Time

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 operations of client incentive teams from all regions worldwide.
Essential Functions:

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 Visas 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, perform peer reviews and approvals on payments and new contract setups
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
Respond to inquiries and issue resolutions related to the assigned contract
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
Interact with various levels of management across the organization as well as with external clients. Strong leadership and interpersonal skills are required as cross-functional projects occur on a regular basis
Support ad-hoc analysis and projects as needed
Train and provide guidance to junior analysts
Ensure key production metrics for the month are met

This is a hybrid position. Expectation of days in the office will be confirmed by your Hiring Manager.

Basic Qualifications:

2 years of work experience with a Bachelor Degree or an Advanced Degree (e.g. MBA)
5 - 7 years of relevant working experience Preferred Qualifications: Bachelor in accounting Chartered Ac

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Sr. Finance Analyst