Sr. Financial Analyst

Company Description

Visa is a world leader in digital payments, facilitating more than 215 billion payments transactions between consumers, merchants, financial institutions and government entities across 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.

When you join Visa, you join a culture of purpose and belonging – where your growth is priority, your identity is embraced, and the work you do matters. We believe that economies that include everyone everywhere, uplift everyone everywhere. Your work will have a direct impact on billions of people around the world – helping unlock financial access to enable the future of money movement.

Join Visa: A Network Working for Everyone.

Job Description

We are recruiting a Senior Financial Analyst, based in Lehi, Utah, to support the billing operations function for Visa’s Global CyberSource business. This senior analyst will focus on Alternative Payment program (Alt-Pay) and collaborate with a team of analysts who handle pricing updates, cash applications, billing-dispute resolution, and the preparation of reports and analysis. This person will also need to facilitate Quality Board Reviews (QBR’s) of issues to facilitate lean practices.  This position requires the ability to learn quickly, work independently, and solve problems skillfully in a fast-paced, entrepreneurial environment. Qualified candidates must be able to work effectively with both external clients and internal partners and must understand revenue recognition policies, practices, and systems.

The Senior Financial Analyst will also support the implementation of a new billing and financial system. This will entail auditing production data, testing system functionality and capability, and collaborating with multiple teams.

Essential Functions:

• Oversee the Alternative Payment Program (Alt-Pay)
• Oversee the production and distribution of monthly customers invoices
• Ensure billing is in accordance with contractual pricing
• Utilize appropriate methods to account for revenue
• Adapt processes and practices to promote efficiency and to support business objectives
• Prepare journal entries to account for revenue, accruals, bad debt reserves, etc.
• Reconcile balance sheet and income statement accounts
• Take on special projects and ad hoc analyses (revenue flux reports, accounts receivable and bad debt analyses, customer account adjustments, etc.)
• Assist with other aspects of the revenue process: pricing updates, invoicing, resolving customer disputes, etc.
• Find root causes of billing adjustments and implement processes to eliminate such adjustments
• Collaborate with internal partners: product developers, sales, and other internal functions
• Develop expertise in all aspects of the billing and accounting processes: systems, internal controls, policies and procedures, etc.

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

Basic Qualifications:

• 5 or more years of relevant work experience with a Bachelors Degree or at least 2 years of work experience with an Advanced degree (e.g. Masters, MBA, JD, MD) or 0 years of work experience with a PhD

Preferred Qualifications:

• Bachelor's or master’s degree in accounting or finance, work experience may be considered in lieu of education
• 6 plus years of relevant work experience
• CPA preferred
• Advanced user of Microsoft Excel
• Analyze large amounts of data and present conclusions and observations to management
• Excellent written and verbal communication skills
• Organizational and project-management skills: plan, organize, and adapt within a multi-tasking environment
• Detail-oriented
• Meet deadlines within a fast-paced and often ambiguous environment
• Creative problem-solving skills: collaboratively contribute new ideas and solutions to address business challenges
• Utilize technology to solve problems
• Proficient user of MS Word and Power Point
• Experience with Oracle or similar ERP system is a plus
• Experience with Microsoft Dynamics is a plus
• SQL and other database experience is a plus
• Payment-industry experience is a plus

Additional Information

Work Hours: Varies upon the needs of the department.

Travel Requirements: This position requires trav