Visa Global Finance - MBA Intern - 2024 - Foster City

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

Visa’s Finance internship program is designed to immerse you in the payments industry by placing you in a high-visibility role where you work alongside top Finance professionals to simultaneously grow your skills and Visa’s business. This is accomplished by taking on challenging projects and by being provided the training, guidance and feedback that’s necessary to drive impactful change. In addition to core responsibilities, you will be involved in two exclusive executive speaker series, covering Finance and the broader Visa organization, each of which provides additional exposure and insight into how the Visa operates the world’s largest payments network. At the end of the summer, you will have the opportunity to present one or more projects to Visa’s Finance Leadership Team. 
Summer Interns are placed in finance functions based on their experience, interest, and Visa’s organizational needs. Core functions include: Controllership, FP&A, Treasury, and Strategic Sourcing. 
 
Summer Interns are considered for full-time opportunities based on their internship performance with highly successful interns receiving full-time offers to join Visa’s two-year Finance Leadership Development Program (FLDP). The FLDP consists of four 6-month rotations intended to establish broad foundational knowledge, enhance professional networks, and foster professional growth. Successful FLDP participants will exit the program pursuing Finance Senior Manager roles. 

Core Function Overview 

Controllership:  Understand, record, and reconcile accounting transactions, analyze financial statements, participate in the external financial reporting process including compliance with internal controls.

Financial Planning & Analysis: FP&A develops conceptually sound, rigorous, and detailed understandings of all of the various elements that impact Visa’s P&L, with the goal of optimizing financial performance and delivering against financial goals. This is supported by core planning & analysis responsibilities, the ongoing drive to uncover new insights and suggest improvements, and by either making or enabling business decisions. 

Treasury: Treasury facilitates and optimizes the global movement of funds for all areas of Visa’s business, placing the team at the center of the world’s largest payments network. Core responsibilities include the settlement of Visa transactions (~$60B/day), all aspects of foreign exchange (spanning ~200 countries and ~160 currencies), providing innovative TaaS (Treasury-as-a-Service) offerings, and the management of Visa’s insurance activities, cash, liquidity, and debt. These responsibilities are supported via expertise, operational excellence, innovation, and leading edge products and services. 

Strategic Sourcing: Sourcing partners with leaders across the business and establishes third party partnerships that drive efficiencies, cost savings and performance improvements. Third party relationships at Visa range from sponsorship deals in marketing to facilities management to IT network processors. In achieving these goals, Visa leverages best in class strategic sourcing practices and employs cross-functional collaboration with teams such as supplier risk management, legal, FP&A and IT. 

Qualifications

Basic Qualifications: 

• Students pursuing a MBA Degree and graduating December 2024 to August 2025 
• Strong communications skills, specifically, the absence of repeated grammatical or typographical errors, clear and concise written and spoken communications, and communications that demonstrate professional judgment. 

Preferred Qualifications: 

• B.S. or B.A. in a technical field (Accounting, Finance, Economics, Engineering, etc.)  
• 3-5 years of professional experience with progressively increasing responsibility  
• Experience in Fortune 1000 technology, financial services o