Sr. Financial Analyst, Controllership (18 months fixed-term contractor)
Onsite
Seoul, South Korea
Seoul, South Korea
Full Time Posted 25 days ago
Job Type
Full Time
Job Details
Job Description Team Summary Visa APAC Controllership Operations Support plays an integral part of Visa’s operations in Korea, Mongolia and Guam/Micronesia (“KRM”). The team is in charge of the 1) local accounting and reporting requirements, ensuring our books and records properly reflect transactions executed 2) establishing and monitoring internal controls, partnering with the business stakeholders to ensure the controls environment continue to stay strong and effective 3) management of the Operations Support, ensure business processes initiated across APAC in general and KRM in particular are operated in an effective and compliant manner. What a Sr. Financial Analyst, Controllership does at Visa: The Sr. Financial Analyst, Controllership position, based in Korea, is a key member in APAC Operations Support team. This role reports to the Director for Controllership, Korea, is responsible for ensuring business processes initiated across APAC are operated in an effective and compliant manner, and are in adherence to established policies and procedures. The role works collaboratively with APAC Operations Support team members, Business Units and other control BUs (especially Compliance, Legal, Sourcing, and Contracts Management) to implement and maintain a robust controls framework including remediation actions required. This is a 18-month fixed term contractor role. Responsibilities:
- Effective and efficient management of the accounting close process – Meet accounting close deadlines, ability to communicate and resolves issues with business partners
- Quality of accounting records - Compliant with corporate policies, US GAAP, SEC and SOX, accurate accounting of transactions leading to minimum accounting adjustments/errors and no repeat-audit points.
- Be the point person for both the US GAAP and local statutory financial statements providing the framework to ensure timeliness in compliance with both US and local GAAP and statutory requirements.
- Timely and accurate filing. Lead and operate the statutory accounts process with minimal supervision and make decisions based on acquired skills and knowledge. Effective communication with business partners and stakeholders.
- Provide support to KRM Units (BU) in supporting business opportunities to achieve a positive outcome and ensuring compliance to policies and procedures.
- Provide advisory to the Business and be seen as a “go to” subject matter expert on policies and procedures.
- Represent the voice of the business to ensure the needs of the business are represented in developing and delivering effective controls, processes and procedures.
- Liaise with controls BUs such as Sourcing, Contracts Management, Compliance and Legal to implement and adhere to business procedures to ensure robust controls are in place
- Ensure consistency in APAC wide approach to delivering guidelines to executing business in accordance with policies and procedures, including but not limited to the following:
- Assist BUs to fulfill Supplier transactions such as raising Purchase Requisition, reviewing supporting documents submitted by BUs and perform Receiving for BUs in Ariba for monthly accruals and expensing
- Ensure due diligence are complete and accurate for contracts/work statements
- Review and approve VIK requests, contracts and associated purchase requisitions and escalate non-compliance issues relevant team
- Facilitate prepayment approval requests so that approvals are obtained, prevent unnecessary upfront payments to suppliers and track approved prepayments
- Ensure proper account coding, especially in terms of Contra Revenue-versus-Opex account classification and prepayment accounting treatment
- Review supporting documents for Receiving in Oracle and perform Receiving for Business
- Review progress and closure of projects to ensure transactions are properly closed in a timely manner by ensuring BUs submit valid attestations that Visa’s obligations fully discharged and Business Partners’ obligations fully delivered
- Work closely with the APAC Operations Support team to ensure seamless execution of all projects
Learn more about VISA
Help us maintain the quality of jobs posted on PowerToFly. Let us know if this job is closed.
Mission
We're connecting diverse talent to big career moves. Meeting people who boost your career is hard - yet networking is key to growth and economic empowerment. We’re here to support you - within your current workplace or somewhere new. Upskill, join daily virtual events, apply to roles (it’s free!).
Are you hiring? Join our platform for diversifiying your team