Client Incentive Operations Analyst - Level 4
- Full-time
Company Description
Job Title: Client Incentive Operations Analyst - Level 4
Job Code: REF15505B
Skill Category: Finance
Location: London
Job Type: Permanent
Posting Start date: Tuesday 29th January 2019
Closing Date: Tuesday 26th February 2019
Salary: Competitive plus Benefits
Job Description
What’s it all about?
Client Incentives are an integral and rapidly growing part of Visa’s Global strategy, and represent commitments by Clients and Visa to develop their mutual business. This role sits within the CIO team in Finance, and is to support client incentive accounting, payment calculations and MI reporting. This will include delivery of “Business as Usual” as well as contributions to significant change improvements.
What we expect of you, day to day.
- Build complex ‘Booking Packages’ – Excel models forecasting/calculating the accounting for client incentive contracts and manage resulting payments to clients
- Calculation of client incentives, evaluating performance against contractual terms to determine support payments due
- Build and Manage relationships with Account Executives relating to performance contracts
- Manage the client incentive payment cycle in line with CIO governance
- Own the data migration of contractual terms and accounting streams into a developing Oracle Revenue Management and Billing system (ORMB)
- Capture of client incentive contractual obligations, accounting and payments in the CIO database (MS Access)
- Understand and apply the difference in new revenue accounting standards under USGAAP and IFRS
- Responsible for CIO month end accounting activities, including variance analysis, accrual calculation, journal posting and reconciliations
- Support budgeting and forecasting of CIO incentives
- Support compliance with CIO governance process and audit requirements, including documentation and tracking of approvals
Qualifications
What we’re after…
- Newly qualified or finalist level CIMA/ACCA studier (or equivalent)
- Experience in CIA builds/modelling in ORMB
- Intermediate MS Access skills (or other relational database – RDBMS). To include data input/database interrogation/query building)
- Advanced Excel skills (e.g vlookups/Pivots/ Macros) with extensive skills in modelling
- Experienced in IFR compliant contract analysis
- Understands difference ASC 606 or 605 accounting standards
- Previous experience working with European stakeholders
- International payments experience is essential
- Previous experience in a Controllership within Finance and Commercial Finance departments
- Flexible, adaptable approach – comfortable with changing workload and multi-tasking
- Exceptional attention to detail
- Extensive experience working with complex datasets
- Intellectual curiosity and a desire to understand the business
- Willingness to work under pressure
- Strong communication skills
- Self-motivated and a team player