Associate Accountant

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

Associate Accountant

PLEASE NOTE: As Mastercard is a global company, we sometimes have team members from outside of the location listed on this posting that are reviewing submitted applications.
Please attach a copy of your resume in English to expedite the screening process.
Overview:
Mastercard Transaction Services (MTS) is the division responsible for the management of the legal entities under which all of Mastercard’s current licensed money transfer services (and in the future other regulated activities) will be conducted. The MTS division (and associated MTS shared services functions) are housed under the umbrella of Mastercard Transaction Services and are comprised of the components which are necessary to support the activities of a licensed payment services firm
Overview
The position will be responsible for bank reconciliations, postings into Oracle, income statement schedules and other accounting activities. This position will report into the Mastercard Transaction Services Accounting Manager.
Role:
• Assists in performing accounting activities under direct supervision and guidance; executes routine tasks.
• Prepare bank reconciliation schedules for numerous bank accounts across different legal entities within Mastercard Transaction Services.
• Check that transactions have been captured in the Transfast Central (TFC) system to the bank statements.
• Check ending balances in Oracle vs bank statement.
• Post daily bank transactions in Oracle.
• Overall bank reconciliation to include 3 way checking between TFC, Oracle and bank statement.
• Manage and oversee the bank reconciliation process for the allocated accounts.
• Prepare various income statement schedules for MTS US LLC.
• Any other ad hoc accounting activity/project.
All About You:
• Must be fluent in English - verbal and written
• Demonstrates basic knowledge of accounting principles and delivers accurate work
• Gains exposure to basic issue resolution and the escalation process (e.g. financial trends)
• Participates in and gains exposure to the implementation of process improvement activities
• Experience building an internal network and engaging with business partners
• May be exposed to producing internal and external reports
• Finance/Accounting/business qualification or related disciplines.
• Proficiency with accounting and finance systems/software applications e.g. Excel and Oracle.
• Knowledge of Internal Control concepts.
• Driven by a continual process improvement agenda, demonstrated through challenging and improving processes.
• Detailed orientated with strong analytical and financial skills supported by excellent interpersonal and communication skills.
• Experience operating in a diverse, multi-functional finance group across time zones is a plus.
• Must be able to integrate knowledge across various disciplines and work across multi-disciplinary teams.
• Independent worker and thinker with the ability to follow up on time sensitive issues.
• A team player with the ability to communicate effectively and develop good working relationships across multiple levels and organizational boundaries.

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.