Sr. Accounting Manager, Treasury

Company Description

Visa is a world leader in payments and technology, with over 259 billion payments transactions flowing safely between consumers, merchants, financial institutions, and government entities in 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 while driven by a common purpose – to uplift everyone, everywhere by being the best way to pay and be paid.

Make an impact with a purpose-driven industry leader. Join us today and experience Life at Visa.

Job Description

Visa is seeking a Senior Accounting Manager to oversee our Treasury accounting operations in the North America region. Reporting directly to the Director of North America Controllership, this role is critical in supporting Visa's financial stability and growth in the region.

Are you poised to make a significant impact in the realm of treasury accounting As a specialist in managing intricate financial processes you will lead the monthly close operations for a diverse array of treasury activities ensuring accuracy and compliance in every transaction With an exceptional attention to detail and a drive for excellence you will manage treasury accounting for over 40 accounts across more than 10 legal entities utilizing the robust Quantum tool Your proficiency will ensure seamless integration between the Quantum system and the Oracle general ledger while you meticulously manage settlement collaterals and Current Expected Credit Losses CECL As an essential team member you will conduct insightful variance analyses build cross-functional relationships and foster a culture of continuous improvement guiding a talented team towards collaborative success

Essential Functions:

• Oversee the monthly close process for all treasury-related activities ensuring completeness and accuracy of journal entries account reconciliations and flux analysis
• Serve as the subject matter expert for all treasury-related accounting matters
• Lead treasury accounting activities using the Quantum treasury accounting tool
• Maintain the Quantum system and manage the interface between Quantum and the Oracle general ledger including proper account setup for new bank accounts GL accounts or activity types
• Oversee the accounting of settlement collaterals and Current Expected Credit Losses CECL
• Lead pre-close and post-close variance analysis providing meaningful insights into activities trends unusual and significant transactions - Apply sound judgment to interpret and apply US GAAP accounting guidance and company policies - Develop close relationships across business functions such as Treasury Tax Strategic Ventures and Technical Accounting to ensure transactions are appropriately recorded
• Collaborate with global accounting team members managing intercompany settlements to ensure proper settlement of intercompany transactions through Quantum
• Support the preparation and review of 10K and 10Q filings including footnotes and disclosures related to treasury accounting
• Identify potential treasury-related risk areas and provide sound recommendations and solutions to mitigate such risks
• Promote a culture of continuous improvement by methodically and pragmatically driving the automation of manual processes and standardizing procedures - Train the team members and Center of Excellence on various accounting topics, fostering a culture of collaboration and continuous learning and updates accounting operating procedures.
• Ensure SOX compliance by adhering to internal control requirements maintaining updated documentation and providing recommendations as necessary
• Participate in quarterly KPMG audits and PBC requests for financial reporting
• Support Director and NA Controllership with accounting guidance and support business decision making.

This is a hybrid position Hybrid employees alternate between remote work and office presence Employees in hybrid roles are expected to work from the office 3 days a week as determined by leadership with a general expectation of being in the office 50 percent or more of the time based on business needs .

Qualifications

Basic Qualifications

• 8 or more years of relevant work experience with a Bachelor Degree or at least 5 years of experience with an Advanced Degree e.g. Masters MBA JD MD or 2 years of work experience with a PhD

Preferred Qualifications

• 8 or more years of work experience with a bachelors degree in accounting with a focus on Treasury Accounting
• CPA or equivalent with clear progressive professional accounting experience preferably in a publicly traded company andor with a public accounting firm
• Strong knowledge of US GAAP specifically ASC 815 Derivativ