Our Purpose
We work to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. We cultivate a culture of inclusion for all employees that respects their individual strengths, views, and experiences. We believe that our differences enable us to be a better team – one that makes better decisions, drives innovation and delivers better business results.
Title and Summary
Senior AccountantLevel: Senior professional - Rebates and Incentives Accountant
Overall Description
Oversee the accounting for the Contra Revenue line particularly: rebates, incentives, waivers and claw backs.
Responsibilities
• Run Sales Force Database reports to ensure we capture all new deals. Send executed contracts to the GSBC Pune to create the deal in CRS
• Preparation of Remedy tickets for new deals to be created in the Contra Revenue System (CRS) and other tickets that may be necessary
• Review deal tracking files prepared by the GBSC Pune team.
• Lead Country Call meetings with the business on a quarterly basis to gather knowledge of the deal
• Communicate and collaborate with account managers to resolve any issues they may need assistance on related to rebates and incentive accruals
• Ensure and manage a timely and accurate close of the Contra Revenue System (CRS) sub ledger and Oracle general ledger, including creation and review of journal entries
• Preparation of various analysis that may be requested relating to Rebates and Incentives.
• Prepare journals for contra revenue accruals and other required reclass journal entries in Oracle (if not catered for in the Contra Revenue System (CRS))
• Assist with the preparation of quarterly presentation decks e.g. R&I deck, Controller deck
• Assist with project specific work related to Rebates and Incentive for the region
Competencies
• Strong foundation and experience in accounting (preferably a chartered accountant)
• Ability to produce accurate and reliable outputs/results
• Strong bias on controls and ensuring that processes and procedures are followed
• Results orientated with an ability to work under pressure and have a structured approach to deliverables
• Focused on achieving key outputs, with a sense of urgency and in a professional manner
• Able to adjust to changing processes and systems – should be agile to adapt e.g. changing accounting system will change established work procedures
• Ability to communicate effectively with account managers and fellow colleagues at various management levels
Corporate Security Responsibility
All activities involving access to Mastercard assets, information, and networks comes with an inherent risk to the organization and, therefore, it is expected that every person working for, or on behalf of, Mastercard is responsible for information security and must:
Abide by Mastercard’s security policies and practices;
Ensure the confidentiality and integrity of the information being accessed;
Report any suspected information security violation or breach, and
Complete all periodic mandatory security trainings in accordance with Mastercard’s guidelines.
