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Job Location | Pune |
Education | Not Mentioned |
Salary | Not Disclosed |
Industry | Banking / Financial Services |
Functional Area | Finance / Accounts / Tax |
EmploymentType | Full-time |
Our PurposeWe work to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. We cultivate a culture of inclusion for all employees that respects their individual strengths, views, and experiences. We believe that our differences enable us to be a better team one that makes better decisions, drives innovation and delivers better business results.Job TitleAccountant Job Posting Title: Accountant Rebates & Incentives AccountingJob Overview: Support accounting functions within the Rebates and Incentives (R&I) accounting processSupport transition of R&I accounting and payment processing work from existing internal owners into a centralized teamR&I payment validation and processing functionCreation of new deals and incentives in Mastercard Contra Revenue System (CRS)Perform account reconciliationsPrepare period-by-period analysis and explain significant account variancesMonitor compliance with internal accounting policies and procedures and with all regulatory requirementsKeep abreast of changes to accounting requirements to ensure ongoing complianceRole:Review executed contracts and create customers, deals and incentives in the Mastercard Contra Revenue System (CRS)Create and maintain Deal Workbooks and report periodically on deal performance Accomplish timely, accurate close of the CRS sub ledger and Oracle general ledger, including creation and review of journal entriesIdentify and prepare manual journal entries through the analysis of close results, trends and actual to budget/forecastPerform detailed review of rebate and incentive payment requests including contract review and validation of driver data to various internal systems Provide overall support and customer service to business partners located throughout the Mastercard Worldwide organizationMonitor performance indicators to track progress against goalsPerform various ad-hoc reporting, analysis or projects, as neededPartner with financial systems regarding CRS requirements, data, reporting, and functionalitySupport SOX control complianceSupport global processes, primarily focusing on the Asia Pacific region which may require early start times to address customer needs real-timeOther duties as requiredAll About You:Education/Certification:Masters degree in Accounting or FinanceICWA / CA, preferredKnowledge/Experience/Skills:Knowledge of US GAAP and current accounting conceptsPrior revenue, contra revenue, and/or contract management experience, preferredStrong verbal and written communication skillsRobust understanding of MS Excel and financial/ERP systems, preferably direct experience with OracleProgressive accounting experience preferably in a large, global environmentAbility to deliver accurate results in a fast-paced environment with attention to deadline constraintsPrior experience in supporting business process transitions and process improvements projectsCapable of working within a changing environment with excellent analytical, planning and organization skillsDue to COVID-19, most of our employees are working from home. We ve implemented a virtual hiring process and continue to interview candidates by phone or video and are onboarding new hires remotely. We value the safety of each member of our community because we know we re all in this together.Mastercard is an inclusive Equal Employment Opportunity employer that considers applicants without regard to gender, gender identity, sexual orientation, race, ethnicity, disabled or veteran status, or any other characteristic protected by law. If you require accommodations or assistance to complete the online application process, please contact reasonable.accommodationmastercard.com and identify the type of accommodation or assistance you are requesting. Do not include any medical or health information in this email. The Reasonable Accommodations team will respond to your email promptly.,
Keyskills :
oracle general ledgerus gaapnew hirespostinggeneral ledgercontract reviewjournal entriesdigital economycustomer servicebusiness processfinancial systemspayment processing