Financial Analyst
- Full-time
- Job Family Group: Finance
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 Financial Analyst, based in Lehi, Utah, to support the revenue operations function for Visa’s cybersource and authorize.net business. This analyst will collaborate on a team of analysts to handle pricing updates, cash applications, billing-dispute resolution, and the preparation of reports and analyses. 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.
This position will also receive, process, and respond to requests from customers, all of which will require the ability to learn and navigate through multiple systems and the ability to learn and follow published policies.
Essential Functions:
- 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.
- Investigate and resolve billing and financial issues
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:
- 2 or more years of work experience with a Bachelor’s Degree or an Advanced Degree (e.g. Masters, MBA, JD, MD, or PhD)
Preferred Qualifications:
- Bachelor’s or master’s degree in accounting or finance, work experience may be considered in lieu of education
- 3 plus years of relevant work experience
- 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 travel 5-10% of the time.
Mental/Physical Requirements: This position will be performed in an office setting. The position will require the incumbent to sit and stand at a desk, communicate in person and by telephone, frequently operate standard office equipment, such as telephones and computers.
Visa is an EEO Employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability or protected veteran status. Visa will also consider for employment qualified applicants with criminal histories in a manner consistent with EEOC guidelines and applicable local law.
Visa will consider for employment qualified applicants with criminal histories in a manner consistent with applicable local law, including the requirements of Article 49 of the San Francisco Police Code.
U.S. APPLICANTS ONLY: The estimated salary range for a new hire into this position is 74,000.00 to 94,400.00 USD, which may include potential sales incentive payments (if applicable). Salary may vary depending on job-related factors which may include knowledge, skills, experience, and location. In addition, this position may be eligible for bonus and equity. Visa has a comprehensive benefits package for which this position may be eligible that includes Medical, Dental, Vision, 401 (k), FSA/HSA, Life Insurance, Paid Time Off, and Wellness Program.