Our Purpose
Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we’re helping build a sustainable economy where everyone can prosper. We support a wide range of digital payments choices, making transactions secure, simple, smart and accessible. Our technology and innovation, partnerships and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest potential.
Title and Summary
Senior AccountantOverview
This position is a regional position and will report into the Eastern Europe Middle East Africa (“EEMEA”) financial controller. The position oversees the legal entities and rebates and incentives for division of EEMEA with a specific focus on accounting, tax compliance, financial reporting, corporate reporting and external statutory audits. As the EEMEA business continues to grow and particularly as new offices are being setup, the incumbent will be required to support such setups and ensure that accounting processes and relevant controls are implemented.
Role
• Ensure that the legal entities (operating units) within EEMEA are controlled in accordance with SEC and local reporting standards as well as the Sarbanes Oxley Act. The role will have a specific focus on local statutory financial reporting, management reporting, a degree of budgeting and forecasting and generation of metrics to guide strategic decision making.
• Play an integral role in the external audit of each of the EEMEA legal entities to ensure that the financial statements of each of these are accurate and free of material misstatement; and that the external audit reports are unqualified. Manage audits in partnership with PWC.
• Be a leader in control aspects, in reviewing and implementing processes that lead to a secure control environment.
• Ensure that the accounting in each of the EEMEA legal entities is accurately performed in line with US GAAP as well as IFRS or local accounting standards for external reporting.
• Review deal tracking files prepared by the GBSC Pune team.
• Ensure the month close and quarter close of rebates and incentive activities.
• Collaborated with GBSC to advise on technical accounting for contra revenue.
• Ensure that appropriate accounting processes are in place or implemented to ensure accurate accounting
• Partnering with our Global Shared Services Centre (“GBSC”) to ensure complete, accurate and timely accounting records for the EEMEA region
• Ensure that legal entities in MEA are appropriately funded
• Oversee the banking administration for the region
• Support the business by providing accounting advice for new transactions and new accounting pronouncements e.g. new revenue recognition standard as well as providing advice related to internal corporate policies
• Support the Tax team within the region by ensuring that related accounting is correct, tax audits are supported and that the regions’ tax submissions are in compliance with local regulations
• Support and analyze the accounting implications of setting up new offices in the MEA region in line with MasterCard processes and standards. Support the implementation of the accounting processes in each of these new offices.
• Support the EEMEA Divisional Controller with Region-wide controllership initiatives, for example:
Support the relevant Operational Risk Management projects,
policy revisions and implementations,
assist the expansion effort in EEMEA from a finance perspective,
Training EEMEA business teams on controllership policies,
Assist ad hoc projects or analyses as required from time to time
All About You
Essential
• Chartered Accountant or CPA equivalent qualification
• Relevant qualification in business, accounting and/or a related discipline
• In-depth understanding of US GAAP and IFRS as well as external audit experience is essential
• A sound understanding of the diverse cultural, regulatory, statutory and taxation environment of the EEMEA region
• Strategic thinker, detail orientated, and results driven with a focus on excellence
• Candidate needs to be hands-on, be self-driven and able to work in a dynamic and fast changing environment
• Able to adjust to changing processes and systems – should be agile to adapt e.g. changing accounting system will change established work procedures
Desirable
• A high standard of proficiency in Microsoft Office suite of applications especially Excel
• Strong communication, negotiation and influencing skills as well as experience working in cross functional teams
• Strong relationship management and networking skills
• Tax experience across different jurisdictions
• Oracle knowledge is beneficial
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.
