Accounts Payable Analyst - Payments

Global Controllership is responsible for establishing Visa s global accounting policies providing technical accounting guidance to the business processing accounting transactions globally and consolidating all Visa entities financial results. The team is responsible for the accuracy and timeliness of the Visa Inc. financial statements under U.S. GAAP (Generally Accepted Accounting Principles) and local statutory financial statements under IFRS (International Financial Reporting Standards)
 

What a Finance Analyst does at Visa:

• Execute payments related to invoices and expense reports across global geographic countries ensuring transactions are executed within compliance of established key controls and service levels
• Comply with weekly payment schedule that includes ACH Visa Products Wires and Check payments. Ensure special handling check payments are handled properly.
• Conduct weekly clearings of all payment runs to ensure payments are properly executed and payment failures are identified
• Assist research and resolve payment failures and other related issues with internal business units external vendors and corporate banking partners
• Calculate cash flow requirements and prepare cash flow forecasts to partner with the Treasury department to ensure proper funding of corporate bank accounts
• Ensure all payments are accurately recorded to the General Ledger
• Provide assistance to the Regional Accounting team on payment research and reconciliation of cash accounts
• Assist in documentation requirements for the global Accounts Payable function
• Work with internal business units to implement process improvements
• Assist with internal audit walkthroughs and SOX documentation
• Execute support and report metric reporting processes
• Provide strong customer service and demonstrate initiative in preventing payment issues
• Conduct the Ariba import process daily to ensure invoices are ready to pay in our Oracle system which includes troubleshooting issues to resolution
• Interface with Sourcing and Data Maintenance teams to resolve supplier setup issues related to rejected payments
• Assist management with ad hoc projects as necessary for the Finance organization
• Extensive knowledge of key payables systems including Ariba and Oracle
• Focus on business line or supplier escalations identifying root cause and implementing solutions 

Why this is important to Visa

The Financial Analyst will be a key member for the Accounts Payable (AP) processes in the Bangalore Hub Shared Service Center ensuring accurate and timely processing of invoices payments and other payable activities for a portfolio of countries in the Asia Pacific region and in compliance with US GAAP local statutory laws and accounting standards corporate policies/procedures and key controls. Constantly challenge status quo and be a change agent with the objective of driving for efficiencies but not compromising on controls. This role will report to the Accounts Payable Senior Manager. The role will be open in Bangalore India.
 

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 two days a week Tuesdays and Wednesdays with a general guidepost of being in the office 50% of the time based on business needs.

Qualifications :

What you will need : Minimum 4 years of accounts payable payments processing including exposure to foreign currency payments with a Bachelors Degree or at least 2 years of work experience with an Advanced degree (e.g. Masters MBA JD MD)
Excellent communication and interpersonal skills with strong commitment to customer service
Familiarity with global payment standards and payment types
Understanding of SOX guidelines with a strong controls background
Fluent with the Procure to Pay principles and concept
Independent and selfmotivated. Ability to work with little or no direct supervision
Strong problem solving and organizational skills
Attention to detail and a keen sense for accuracy
Ability to work in a fast paced and dynamic environment with changing priorities
Ability to support team environment
Intermediate/Advanced excel skills
Knowledge of Microsoft office applications Oracle Financials and SAP product suite of Ariba and Concur
Knowledge of the payment industry
Working knowledge of Lean/Six Sigma principles and tools
Customer focused driven and can lead by example
Fluent in English

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.

Remote Work :

No

Employment Type :

Fulltime