Company Description
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.
Job Description
Review newly executed Issuer and Acquirer contracts to assess Visa's contractual pricing obligations
• Log and maintain key contract terms in the contract database
• Maintain all other aspects of contract review process (e.g. review license upgrade status, review of product launch status, expiring pricing/contract terms and processing/tracking GOC fee waivers etc.)
• Prepare complex pricing adjustment calculations (both accrual and cash basis)
• Provide guidance to the Billing team on appropriate billing system changes related to contracts
• Support Account Executives, Pricing Strategy and the Deal team on ad-hoc data analysis and requests
• Develop in-depth knowledge of Visa core billing and reporting systems
• Develop new and maintain existing financial models to monitor revenue and pricing compliance on a monthly or quarterly basis
• Perform ongoing reviews of billing systems, processes and controls through the interpretation of historical financial, operational and transactional data to mitigate the risks of potential billing errors
• Assist with the billings of quarterly card service fees and adjustments resulted from clients’ revision on Operating Certificate or based on clients’ contractual agreements
• Provide insight and actionable recommendations to Finance Operations to improve billing processes and data integrity
• Maintain and update Client Fee Schedule contents. This will require an in depth understanding of pricing changes and collaboration with product owners
• Take responsibility for identified issues including additional research, discussion with the Business, Account Executives and client, development of practical solutions, documentation and calculation of the respective fee adjustments
• Assist with all other ad-hoc projects and analyses and reports as neededThis role reports to the Global Revenue Operations Director in the Bangalore office.
This is a hybrid position. Hybrid employees can alternate time between both remote and office. Employees in hybrid roles are expected to work from the office 2-3 set days a week (determined by leadership/site), with a general guidepost of being in the office 50% or more of the time based on business needs.
Qualifications
• A qualified CA, CMA or CPA equivalent or master’s degree in accounting/ finance with min 5 years of relevant experience
• Challenge the status quo, be curious and bold to advocate for changes that bring value and eliminate manual tasks.
• Detail-oriented with proven ability to work independently and in a team-oriented environment with minimal supervision
• Team oriented, collaborative, motivated, adaptable and flexible
• Ability to proactively recognize and resolve issues
• Knowledge of advanced Microsoft Excel modules (e.g., Power Query) and Microsoft 365 applications (e.g., Power BI, Power Automate) is a plus.
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.
Top Skills
What We Do
At Visa, we are driven by a common purpose – to uplift everyone, everywhere by being the best way to pay and be paid. As our products and technology have evolved with the world, Visa remains ubiquitous, reaching new customers in new and often invisible ways. We are at the center of this digital revolution with a network that connects people with over 80 million businesses all over the world. And Visa’s network is expanding, accelerating our growth. Our resilient business model, with its strong track record of success, will provide you with amazing opportunities to grow in your career, as well.
We are looking for people like YOU. Come join a people-centric company where you can invest in your career.
For more information, visit visa.com/about, visacorporate.tumblr.com and @VisaNews on Twitter.
Why Work With Us
Our employees are our company. Creating an inclusive and diverse workplace has been our key priority. With our purpose to “uplift everyone, everywhere” as our guide, we’re building an environment where diverse backgrounds and perspectives are celebrated and drive success inside our company and out in our communities.
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