We are seeking an experienced Manager to join the Client Incentives Operations (CIO) team in Bangalore, India. This role is pivotal within Visa 's CIO team, which is integral to the contra-revenue accounting and management of various projects, operating under Global CIO, the larger umbrella within the Global Controllership function and Finance organization.
The CIO team is entrusted with the management of client incentive agreements, ensuring the accurate accounting treatment of incentives in line with US GAAP and adherence to the contractual terms of executed client agreements. The role demands a high level of complexity, detail, and significant collaboration with other teams, including Finance, Legal and Sales. We use lean/six sigma process methodologies to provide benefits to our stakeholders regarding quality, cost and schedule associated with our work.
Key Responsibilities:
- Lead a team accountable for managing all lifecycle events and accounting requirements related to client incentive agreements.
- Analyze and review contracts, evaluate terms and conditions, assess Visa’s obligations, and determine the appropriate accounting treatment in line with company policies.
- Set up and review incentive contracts in Visa systems to ensure all contractual obligations are accurately captured, while maintaining consistency across regions.
- Manage, track, review and approve contractual payments in a timely and accurate manner across regions.
- Partner and work closely with various cross-functional teams and the regional client incentive operations teams.
- Review contra‑revenue entries, balance sheet reconciliations, performance insights, and reports supporting internal and external financial reporting.
- Address inquiries, resolve issues, and support the local team through a strong understanding of systems and operational processes.
- Ensure compliance with Internal, SOX, statutory, and regulatory audit requirements.
- Collaborate with regional CIO teams to meet performance metrics and ensure effective communication.
- Support ad-hoc financial and operational analysis.
- Drive simplification, standardization, automation, and process enhancements to improve efficiency and strengthen controls.
- Provide coaching, training, and development support to team members to foster continuous learning and knowledge sharing.
- Support new business initiatives in partnership with Finance and non‑Finance stakeholders.
This is a hybrid position. Expectation of days in the office will be confirmed by your Hiring Manager.