Director

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.

We are seeking a Director to join the Client Incentives Operations (CIO) team in Bangalore, India, tasked with leading a segment of clusters. This role is pivotal within Visa 's CIO team, which is integral to the contra revenue accounting and management of various projects, operating under Global CIO, the larger umbrella within the Global Controllership function and Finance organization.

The CIO team is entrusted with the management of Client Incentive agreements, ensuring the accurate accounting treatment of incentives in line with US GAAP and adherence to the contractual terms of executed client agreements. The role demands a high level of complexity, detail, and significant collaboration with other teams, including Finance, Legal and Sales. We use lean/six sigma process methodologies to provide benefits to our stakeholders regarding quality, cost and schedule associated with our work.

Beyond leading accounting and operational duties, the individual will also spearhead significant enhancements in our processes. The Director will be responsible for guiding projects, fostering thought leadership, establishing best practices, and ensuring the global alignment of our processes.

Key Responsibilities

• Lead the global CIO team that is fully accountable for managing all lifecycle events and accounting requirements associated with Client Incentive agreements.
• In-depth understanding of system tools and operational processes to provide hands-on support to help the local team resolve issues, questions, and remove roadblocks.
• Oversee contra revenue accounting entries, balance sheet account reconciliations, financial performance insights, and internal and external reporting.
• Problem solving and analytical skills to provide CIO subject matter expertise, including the accounting and incentive system setup of cash, value-in-kind and cost certainty client incentive clauses, in accordance with the global processes
• Effectively manage new business initiatives with Finance and non-Finance stakeholders.
• Drive simplification, standardization, automation and continuous enhancement of processes and controls to ensure efficient financial reporting and operational processes. This includes collaborating with relevant stakeholders and regional colleagues to drive a successful end-to-end global approach.
• Lead pivotal projects and global initiatives.
• Influence business decisions with effective verbal and written communication, data-driven analysis, and the presentation of alternatives. Partner with stakeholders to standardize and simplify client agreements.
• Provide mentorship and guidance to support team members' career development. Encourage a culture of continuous learning and knowledge sharing.
• Ensure CIO's compliance with Internal/SOX/Stat Audits as well as regulatory reporting.
• Partnership with regional CIO teams to ensure performance metrics are met and business updates are effectively communicated to the local team
• Overall ownership of the deliverables by the CIO Bangalore team

• Qualified accountant (ACA/ACCA/CIMA), 14+ years of experience, ideally with a mix of public accounting experience and PLC experience
• Extensive experience of progressive financial control experience in a fast-paced environment
• Experience in managing large teams, proven track record of owning and driving results individually and through a team in a high change and ambiguous operating environment.
• Demonstrated experience building high performing teams through the identification and development of talent.
• Strategic and forward-looking thinking with a tendency for looking at issues in a holistic manner.
• 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, US GAAP, and experienced in researching and challenging technical matters.
• Exceptional verbal and written communication skills

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.