Visa Hiring for Director, Revenue Accounting (Financial Control) Job at London, England Full Time

Visa is a world leader in digital payments, facilitating more than 215 billion payments transactions between consumers, merchants, financial institutions and government entities across 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.

When you join Visa, you join a culture of purpose and belonging – where your growth is priority, your identity is embraced, and the work you do matters. We believe that economies that include everyone everywhere, uplift everyone everywhere. Your work will have a direct impact on billions of people around the world – helping unlock financial access to enable the future of money movement.

Join Visa: A Network Working for Everyone.

We are recruiting a Director- Revenue Accounting in Visa Europe’s Revenue Accounting team to lead a section of Client Incentive Operations. Revenue Accounting at Visa Europe is made up of Client Incentive Operations, Revenue Operations and Global Operating Certificates

This is a leader in Visa Europe’s Revenue team responsible for contra revenue accounting and other projects. The team is part of the broader Global Controllership function within Global Finance. The role reports to the Senior Director- Revenue in London

The Client Incentive Operations team is responsible for managing Client Incentive agreements. The team reviews the contracts to determine the right accounting treatment of the incentives in accordance with US GAAP and ensure compliance with contractual terms on executed Client Agreements. This includes checks on performance conditions and reviewing any contingent liability clauses. The team manages all lifecycle events associated with executed contracts such as building financial models to calculate incentive accruals, performing quarterly true ups, processing payments and contract renewal. The process is highly complex and requires significant interactions with other teams such as Deals, Client Incentive Market Specialists and Account Executives.

In addition to leading accounting and operational responsibilities, we are currently making significant investments in our backoffice processes. The individual will drive projects, drive thought leadership, develop best practices and ensure that our processes are aligned globally.

Key responsibilities

• Lead CIO cohort who are fully accountable for managing all lifecycle events and accounting requirements associated with Client Incentive agreements
• Review contra revenue accounting entries, balance sheet account reconciliations, financial performance insight, internal and external reporting for month-end, quarterly and year-end reporting
• Provide CIO subject matter expertise, including Value-in-Kind and cost certainty client incentive clauses, to provide accounting and operational advice on new business initiatives with Finance and non-Finance stakeholders
• Drive simplification, standardization and continuous improvement of processes and controls to achieve effective financial reporting and operational processes. This includes partnering with appropriate stakeholders to drive successful end-to-end approach to reporting
• Lead key projects and Global initiatives
• Influencing business decisions with effective verbal and written communication, data driven analysis and presentation of alternatives.
• Raise the bar on hiring, developing, and retaining the best talent to continue building our world class team of finance professionals
• Research and evaluate technical accounting considerations relating to new business activities

• Qualified accountant (ACA/ACCA/CIMA); ideally with a mix of public accounting experience and PLC experience
• Extensive experience of progressive Financial Control experience in a fast-paced environment
• Experienced managing large teams; proven track record of owning and driving results individually and through a team in a high change and ambiguous operating environments
• Demonstrated experience building high performing teams through the identification and development of exceptional talent
• Demonstrated track record in driving simplification, standardization and continuous improvement of existing processes
• Demonstrable experience in working with upstream stakeholders in a complex organisation to achieve successful end-to-end approach to reporting
• Sound business judgment, proven ability to influence others, including the ability to persuade with data
• Strong understanding of accounting standards including IFRS 15, and experienced in researching and challenging technical matters
• Exceptional verbal and written communication skills

Additional Information

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.