Financial Analyst - Client Incentive Operations

Financial Analyst - Client Incentive Operations

12 Jul 2021
California, Fostercity 00000 Fostercity USA

Financial Analyst - Client Incentive Operations

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 the operations of client incentive teams for North America region.

Essential Functions:

  • Manage Incentive contracts
  • Analyze newly executed incentive contract terms to assess Visa's contractual obligations and determine appropriate accounting treatment based on Visa policy and procedure
  • Review proforma to ensure accuracy of contract interpretation and application of Visa's 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
  • 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
  • Responsible for inquiries and issue resolution related to the assigned contracts
  • 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
  • Support ad-hoc analysis or project as needed
  • Ensure key production metrics for the month are met


Basic Qualifications:

  • 2 years of work experience with a Bachelor’s Degree or an Advanced Degree (e.g. Masters, MBA, JD, MD, or PhD)
  • 3 - 5years of relevant working experience

Preferred Qualifications:

  • Bachelor’s in Accounting
  • CPA preferred but not required
  • Audit or accounting experience
  • Attention to detail and highly organized
  • Self-motivated, ability to function well independently as well as in a team, and comfortable in a fast-paced and dynamic environment
  • Strong leadership and interpersonal skills
  • Strong business analysis skills, excellent verbal and written communication skills
  • Proficient in advanced Excel skills, familiar with Oracle based application is a plus

Additional Information

Work Hours:

  • Incumbent must make themselves available during core business hours

Travel Requirements:

  • This position requires the incumbent to travel for work 0% 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, reach with hands and arms, and bend or lift up to 25 pounds

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

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