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Financial Analyst

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Visa

17d ago

  • Job
    Full-time
    Mid & Senior Level
  • Accounting & Tax
    Banking & Finance
  • Bangalore
  • Quick Apply

AI generated summary

  • You need 4-6 years in finance/accounting, CA/ACCA/CPA, knowledge of US GAAP/IFRS, Excel skills, strong communication, analytical abilities, and adaptability in a fast-paced, multi-location environment.
  • You will manage financial close cycles, conduct account reconciliations, support regulatory compliance, collaborate with global teams, and prepare SEC filings and flux analyses.

Requirements

  • 4 years of work experience with a bachelor’s degree or at least 2 years of work experience with an Advanced Accounting degree
  • 4-6 years of work experience with a diploma/degree in accounting/finance (or related fields)
  • CA or ACCA or CPA equivalent with clear progressive professional accounting experience, preferably in a publicly-traded company and/or with a public accounting firm
  • Knowledge of US GAAP/IFRS and SEC requirements
  • Proficient with Oracle or similar enterprise accounting system and proficient in utilizing Excel to efficiently analyze data
  • Strong customer service and communication skills
  • Must be comfortable working in a fast-paced, rapidly changing environment
  • Project credibility and knowledge of business acumen
  • Ability to define/solve end-to-end problems and issues
  • Strong technical, quantitative and analytical skills. Strong attention to detail and accuracy
  • Strong interpersonal and communication skills, including excellent written, oral, listening and presentation skills. Ability to work well under pressure and interact at all levels
  • Capable of handling multiple tasks, possess good organizational and analytical skills, able to work independently, and be extremely flexible
  • Welcomes challenging/complex projects and demonstrates an ability for working 'smarter not harder' by making continuous improvement to the efficiency of processes he/she contributes to
  • Teamwork is essential to the group, so it is critical that the candidate interact with other team members and managers collaboratively and effectively
  • Ability to identify and execute operational excellence and continuous improvement initiatives to improve resource optimization
  • Ability to effectively work in a multi-location organization and adapt to different cultures

Responsibilities

  • Manage monthly and quarterly close cycles, ensuring that financial reporting in accordance with US GAAP is performed timely, in line with corporate close guidelines. This includes preparing journal entries, reviewing income statement activity, and balance sheet reconciliations to ensure the accuracy and integrity of the financial statements.
  • Complete balance sheet account reconciliations in support of the monthly close process. Own specific accounts on the consolidated balance sheet and income statement and perform detailed analytical review for those accounts.
  • Prepare Balance Sheet and P&L flux analysis for the assigned Corporate legal entities.
  • Support the Financial Controllers in the regions with daily activities to ensure compliance with Oracle’s policies and US GAAP reporting standards.
  • Collaborate with Global Finance Organizations including, Global Business Finance, Tax, Treasury, and Legal.
  • Responsibility for the preparation and audit management of the regulatory and statutory financial statements for assigned Corporate legal entities.
  • Work closely with Legal Compliance and external auditors to ensure the audit is completed within statutory timelines.
  • Participate in Global & Regional strategic initiatives that optimize and enhance the operations of the Chief Accounting Officer organization.
  • Ability to research past transactions and interpret past events and future treatment.
  • Support Internal Audit and SOX PMO on the assessment of internal controls.
  • Collaborate with Tax organization on tax authority information requests and audits.
  • Implement best practice system processes and controls for the Corporation and legal entities to comply with all internal and external financial reporting obligations.
  • Perform close activities, including preparing manual expense accruals, such as uninvoiced receipt accruals, and other miscellaneous accruals, and perform review of prepaid expenses.
  • Provide cross-functional support across Corporate Accounting for month-end activities, including close checklist, prepaid expense review, and flux analysis distributions as well as other ad hoc projects.
  • Prepare quarterly schedules for SEC 10Q/10K filings by collaborating with External Reporting and Regional Controllers globally. Support the External Reporting team in preparing the quarterly reports.

FAQs

What is the primary responsibility of the Financial Analyst at Visa?

The primary responsibility of the Financial Analyst is to manage monthly and quarterly close cycles, ensuring timely financial reporting in accordance with US GAAP, while preparing journal entries, reviewing income statement activity, and performing balance sheet reconciliations.

What qualifications are preferred for this Financial Analyst position?

Preferred qualifications include 4-6 years of work experience with a diploma/degree in accounting/finance, CA, ACCA, or CPA equivalent, knowledge of US GAAP/IFRS and SEC requirements, and proficiency with Oracle or similar enterprise accounting systems.

Is experience with public accounting firms beneficial for this role?

Yes, experience in a publicly-traded company and/or with a public accounting firm is considered beneficial for this role.

What tools will I need to be proficient in for this position?

You will need to be proficient in Oracle or a similar enterprise accounting system and Excel for efficient data analysis.

How important are communication skills for the Financial Analyst role?

Strong interpersonal and communication skills are crucial, including excellent written, oral, listening, and presentation skills, as collaboration with team members and stakeholders is essential.

What type of work environment can I expect at Visa?

You can expect a fast-paced, rapidly changing work environment that requires the ability to handle multiple tasks and flexibility.

Will I be required to work on audits and regulatory financial statements?

Yes, the role involves preparing and managing audits and regulatory and statutory financial statements for assigned Corporate legal entities.

Is teamwork emphasized in this position?

Yes, teamwork is essential as you will need to interact and collaborate effectively with other team members and managers.

What is the work arrangement for this position?

This is a hybrid position, where employees are expected to work from the office 2-3 set days a week, with the possibility of working remotely based on business needs.

Does Visa offer equal employment opportunities?

Yes, Visa is an EEO employer and provides equal consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability, or protected veteran status.

Technology
Industry
10,001+
Employees
1958
Founded Year

Mission & Purpose

Visa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories. Our purpose is to uplift everyone, everywhere by being the best way to pay and be paid.