Manager, Accounting

Posted 2 Days Ago
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Pune, Maharashtra, IND
Hybrid
Mid level
Blockchain • Fintech • Payments • Consulting • Cryptocurrency • Cybersecurity • Quantum Computing
We are a global technology company in the payments industry.
The Role
Manages net revenue accounting services, including contract review, revenue and incentive validation, month-end close, journal entries, reconciliations, variance analysis, reporting, and SOX compliance. Partners with global business units and financial systems teams, supports Oracle and CRS processes, monitors performance, and drives accounting process improvements. Provides accurate, timely service in a fast-paced global environment.
Summary Generated by Built In
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
Manager, Accounting
Position: Accountant/ Senior Accountant, Net Revenue, GBSC
Job Description Summary
Overview:
• Are you motivated to work in a team that provides global services?• Do you like to simplify, standardize, and transform existing processes?
This Position will provide excellent accounting services to Mastercard Worldwide as part of the Global Business Services Center (GBSC). The candidate will be responsible for delivering timely and accurate accounting services to our Mastercard Worldwide business unit(s) and will be responsible to support processes such as contract review to capture key financial elements, month-end close process, reconciliation & variance analysis for net revenue, rebate and incentive payment validation, processing, and approvals.
Role:
• Review executed contracts and create customers, deals and incentives in the Mastercard Contra Revenue System (CRS)• Accomplish timely, accurate close of the CRS sub ledger and Oracle general ledger including creation and review of journal entries• Identify and prepare manual journal entries through the analysis of close results, trends and actual to budget/forecast• Prepare and review general ledger account reconciliations• Perform detailed review of rebate and incentive payment requests including contract review and validation of driver data to various internal systems • Provide overall support and customer service to business partners located throughout the Mastercard Worldwide organization• Recommend, develop and implement process improvements to improve accounting operational efficiency, quality of output and optimize synergies• Monitor performance indicators to track progress against goals• Perform various ad-hoc reporting, analysis or projects, as needed• Partner with financial systems regarding CRS requirements, data, reporting, and functionality• Support SOX control compliance• Other duties as required
All About You:
Education/Certification
• CPA/CA, preferred• Inter CA, MBA Finance
Knowledge/Experience/Skills
• Knowledge of US GAAP and current accounting concepts• Prior revenue, contra revenue, and/or contract management experience, preferred• Strong verbal and written communication skills• Strong customer service and business acumen• Progressive accounting experience preferably in a large, global environment• Ability to deliver accurate results in a fast-paced environment with attention to deadline constraints• Robust understanding of financial/ERP systems, preferably direct experience with Oracle• Prior experience in significant process improvements projects• Organize and prioritize multiple activities among a team with a high sense of urgency• Customer service oriented with the ability to communicate effectively and develop solid working relationships across multiple levels and organization boundaries• Capable of working within a changing environment with excellent analytical, planning and organization skills
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.

Skills Required

  • CPA or CA certification
  • Inter CA or MBA in Finance
  • Knowledge of US GAAP and current accounting concepts
  • Progressive accounting experience, preferably in a large global environment
  • Revenue, contra revenue, or contract management experience
  • Experience with financial or ERP systems, preferably Oracle
  • Experience with significant process improvement projects
  • Strong verbal and written communication skills
  • Strong customer service and business acumen
  • Analytical, planning, organizational, and prioritization skills
  • Ability to deliver accurate results under deadlines in a fast-paced environment

What the Team is Saying

Jenny
Mastercard

Mastercard Compensation & Benefits Highlights

  • Retirement Support — Retirement plans are highlighted as especially strong, featuring a notably generous company match and added financial-planning resources. Feedback suggests this component stands out as a key strength of the overall package.
  • Parental & Family Support — Parental and family benefits are consistently portrayed as robust, including extended new-parent leave and assistance for fertility, adoption, and surrogacy. Feedback suggests these programs are a signature part of the offering.
  • Leave & Time Off Breadth — Paid time off is described as substantial, with multiple leave types and generous vacation and personal days noted in U.S. materials. Feedback suggests time off is frequently praised as a differentiator.

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The Company
HQ: Purchase, NY
38,800 Employees
Year Founded: 1966

What We Do

Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we’re building a resilient 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.

Why Work With Us

We live the Mastercard Way: creating value in the communities we touch, growing together through the opportunities we see, and moving fast to innovate and scale. Our collaborative culture and our passionate people are the key to what we do, driving meaningful change as one team and connecting everyone to priceless possibilities.

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Employees engage in a combination of remote and on-site work.

In our ongoing workplace evolution, we’ve introduced hybrid work, Work-From-Elsewhere Weeks and Meeting-Free Days.

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