Senior Accountant R&I

Posted 7 Days Ago
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Pune, Maharashtra, IND
Hybrid
Senior level
Blockchain • Fintech • Payments • Consulting • Cryptocurrency • Cybersecurity • Quantum Computing
We are a global technology company in the payments industry.
The Role
Oversee accounting and revenue acceptance for contra-revenue items (rebates, incentives, waivers, advisors). Review/approve advisor fund availability, run Salesforce reports, maintain Contra Revenue System entries, prepare GL reconciliations, journal entries, variance analyses, analytics and quarterly reporting, and support process-improvement projects and regional accrual reviews.
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
Senior Accountant R&I
Senior Accountant - Rebates, Incentive
Who is Mastercard?
Mastercard is a global technology company in the payments industry. Our mission is 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. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.
The Financial Services arm of Global Business Service Center (GBSC) is tasked with the mission to add value by delivering operational excellence, enhanced customer experiences, and focused business results.
Role
Oversee assigned tasks in the accounting and revenue acceptance processes for the Contra Revenue line particularly: rebates, incentives, advisor services, waivers, and claw backs.
Responsibilities
• Play a pivotal role in the Advisors revenue acceptance process by reviewing and approving availability of funds for advisors' services.
• Communicate and collaborate with account managers to resolve issues related to funds availability, maximize revenue while tapping revenue leakages.
• Run Sales Force Database reports to review contracts/deals executed with customers & capture financial elements into Contra Revenue System (CRS).
• Lead Country call meetings with the business managers to review and adjust accruals basis deal performance
• Ensure and manage a timely and accurate financial close, including creation and review of journal entries
• Preparation of GL recons for Waivers, Rebates, Advisors, and variance analysis of actual v/s forecast
• Preparation of various analytics, metric reports and assisting in quarterly reporting for corporate team
• Assist with project specific work related to Rebates and Incentive, Advisors rejections for the region
Competencies
• Knowledge of US GAAP, IFRS and current accounting concepts• Advance MS Excel and financial/ERP systems, preferably direct experience with Oracle• Strong foundation and experience in accounting• 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 improve/automate processes and systems - should be agile to adapt • Ability to communicate effectively with account managers and fellow colleagues at various management levels• Proactively builds relationships with business partners• Experience performing basic issue resolution, gains exposure to the resolution of complex issues• Prior experience in supporting business process transitions and process improvements projects• Capable of working within a changing environment with excellent analytical, planning and organization skills• Progressive accounting experience preferably in a large, global environment
Education/Certification
Master's degree in Accounting or Finance (Chartered accountant / CPA Preferred)
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

  • Master's degree in Accounting or Finance
  • Chartered Accountant or CPA
  • Knowledge of US GAAP and IFRS
  • Advanced MS Excel skills
  • Experience with financial/ERP systems
  • Direct experience with Oracle
  • Experience running Salesforce reports
  • Progressive accounting experience, preferably in a large global environment
  • Strong controls orientation and ability to produce accurate, reliable outputs
  • Experience supporting business process transitions and process improvement projects

What the Team is Saying

Jenny
Mastercard

Mastercard Compensation & Benefits Highlights

  • Retirement Support A 10% company retirement match (401k or equivalent) is explicitly highlighted in company materials. This level of employer contribution stands out as a core strength of the package.
  • Leave & Time Off Breadth A global minimum of 16 weeks fully paid new‑parent leave and generous U.S. PTO (vacation, personal days, holidays, sick time, and bereavement) are clearly spelled out. These provisions indicate broad time‑off coverage across life events.
  • Wellbeing & Lifestyle Benefits Hybrid work, a four‑week “work from elsewhere” option, meeting‑free well‑being days, five paid volunteer days, mental‑health resources, and fitness reimbursement/on‑site gyms are emphasized. Together they reflect a holistic approach to flexibility and wellbeing.

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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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Mastercard Offices

Hybrid Workspace

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.

Typical time on-site: 3 days a week
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