Accounting Senior Manager

Company Description

Visa is a world leader in payments and technology, with over 259 billion payments transactions flowing safely between consumers, merchants, financial institutions, and government entities in 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 while driven by a common purpose - to uplift everyone, everywhere by being the best way to pay and be paid.

Make an impact with a purpose-driven industry leader. Join us today and experience Life at Visa.

Job Description

The Accounting Senior Manager is based in Foster City, CA, and will lead Visa's treasury accounting team including cash, settlements, investments, and derivatives.

This position reports to the Senior Director, Corporate Accounting and will manage a team of 4 employees primarily located in Foster City, CA.

Essential Functions :

• Oversee the monthly close process for all Treasury related activity including the completeness and accuracy of all journal entries, account reconciliations and flux analysis.
• Act as the subject matter expert for all treasury related accounting matters.
• Lead cash accounting activity for more than 40+ accounts across 10+ legal entities using the Quantum cash accounting tool.
• Maintain the Quantum system and management of the interface between Quantum and the Oracle general ledger, including proper account set up for new bank accounts, GL accounts or activity types.
• Oversee the accounting of settlement collaterals and Current Expected Credit Losses (CECL).
• Lead pre-close and post-close variance analysis and provide meaningful insight to activity, trends, unusual and significant transactions.
• Utilize sound judgement to interpret and apply US GAAP accounting guidance and company policies.
• Develop close relationships across business functions such as Treasury, Tax, Strategic Ventures and Technical Accounting to ensure transactions are appropriately recorded.
• Partner with global accounting team members who manage intercompany settlements to ensure intercompany transactions are settled properly through Quantum.
• Support the preparation and review of 10K and 10Q filings, including footnotes and disclosures related to Treasury accounting.
• Identify any potential treasury related risk areas and provide sound recommendations and solutions to mitigate such risk.
• Instill a culture of continuous improvement in a methodical, pragmatic and expeditious manner including automation of manual processes and controls and standardization of processes.
• Manage, develop, and coach a strong team, promoting a culture of collaboration and continuous learning.
• Ensure SOX compliance by adhering to internal control requirements, maintaining updated documentation and providing recommendations as appropriate.
• Participate in quarterly KPMG audit and PBC requests for financial reporting.

This is a hybrid position. Hybrid employees can alternate time between both remote and office. Employees in hybrid roles are expected to work from the office 2-3 set days a week (determined by leadership / site), with a general guidepost of being in the office 50% or more of the time based on business needs.

Qualifications

Basic Qualifications

8 or more years of relevant work experience with a Bachelor Degree or at least

5 years of experience with an Advanced Degree (e.g. Masters, MBA, JD, MD) or

2 years of work experience with a PhD

Preferred Qualifications

8 or more years of work experience with a bachelor's degree in accounting with

a focus on Treasury Accounting

CPA or equivalent with clear progressive professional accounting experience,

preferably in a publicly traded company and / or with a public accounting firm

Strong knowledge of U.S. GAAP, specifically ASC 815 (Derivatives and

Hedging), ASC 820 (Fair Value Measurement), and ASC 320 (Investments in

Debt and Equity Securities)

• Experience with CECL accounting
• Excellent leadership and management skills with track record of building and

leading high performing teams

• Relevant Sarbanes Oxley experience
• Experience with financial systems and treasury accounting applications,

including Oracle, Quantum, Blackline and Reval

Strong accounting, quantitative and analytical skills, and ability to accurately

apply key U.S. GAAP to different business situations

Strong team player - collaborates well with others to solve problems and

actively incorporates input from various sources; has experience working with

others on a global basis

• Demonstrated leadership skills with the ability to inspire and motivate a team
• Change oriented - actively generates process improvements; champions and

drives change initiatives; confronts difficult circumstances in creative ways

Proactive, a self-starter who is accountable and exhibits ownership of

delegated tasks and projects

Excellent influencing, interpersonal and communication skills (both written and

verbal) with all levels of an organization

Additional Information

Work Hours : Varies upon the needs of the department.

Travel Requirements : This position requires travel 5-10% of the time.

Mental / Physical Requirements : This position will be performed in an office setting. The position will require the incumbent to sit and stand at a desk, communicate in person and by telephone, frequently operate standard office equipment, such as telephones and computers.

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.

Visa will consider for employment qualified applicants with criminal histories in a manner consistent with applicable local law, including the requirements of Article 49 of the San Francisco Police Code.

U.S. APPLICANTS ONLY : The estimated salary range for a new hire into this position is 133,000.00 to 192,950.00 USD per year, which may include potential sales incentive payments (if applicable).

Salary may vary depending on job-related factors which may include knowledge, skills, experience, and location. In addition, this position may be eligible for bonus and equity.

Visa has a comprehensive benefits package for which this position may be eligible that includes Medical, Dental, Vision, 401 (k), FSA / HSA, Life Insurance, Paid Time Off, and Wellness Program.