Director, Accounting

Job description

Our Purpose Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we’re helping build a sustainable economy where everyone can prosper. We support a wide range of digital payments choices, making transactions secure, simple, smart and accessible. Our technology and innovation, partnerships and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest potential.

Title and Summary Director, Accounting Job Title: Director, Accounting

• Services

Deal Desk Overview

• The Director, Accounting
• Services
• Deal Desk reports to the VP, Controller
• Services & Integrated Marketing and Communications (IMC) (located in Purchase, NY) and is responsible ensuring the integrity of the financial statements as it pertains to the Services business in partnership with global and regional finance teams, regional controllership and the global business shared service organization (GBSC). The Services
• Deal Desk Director possesses strong leadership skills to engage teams to optimize and even transform the current structure while utilizing his/her technical skillset to establish and, where necessary, enhance processes and internal controls. Roles and responsibilities
• Successfully partner with business sales leads and finance partners and advise on all accounting related matters on customer revenue contracts originating from the Salesforce Opportunity module (SFDC).
• Responsibility is primarily on consulting and marketing services contracts as well as other services business lines to ensure proper revenue recognition and SFDC opportunity creation
• Provide feedback and comments on draft customer contracts to ensure key and critical terms for proper revenue recognition, approved payments terms, and accounting treatment is contained
• Assist as the lead controllership representative for the implementation of Salesforce process improvements
• Communicate and collaborate with Sales and Delivery teams to resolve any issues identified in SFDC Opportunity and Project reviews
• Assist with the preparation of monthly quarterly and ad-hoc management reporting including variance analysis, technical position memos, executive presentations, etc., ensuring appropriate documentation of accounting positions is in place and advise senior management on complex transactions
• Liaise with Regional Controllers on global initiatives to ensure consistency and accuracy in all regions
• Periodic review of processes to ensure operationally mitigating risks based on design and the evolution of business processes
• Identify opportunities to implement automated solutions to streamline processes
• Partner with the finance operations team to ensure front-end and back-end controls are implemented to mitigate key risks
• Critical role in finance integrations of new Services acquisitions into SFDC order-to-collect process workflow
• Provide support to business unit controllerships within Services and technical accounting team, ensuring consistent application of Mastercard’s policies and procedures and consulting/change management support as needed
• Support discussions and provide specific recommendations to senior management All

About You

In terms of the performance and personal competencies required for the position, we would highlight the following:

• Bachelor’s degree in Accounting, Finance or related discipline
• Certified Public Accountant or Chartered Accountant preferred
• Established credibility as a trusted advisor to business partners and senior leadership on complex technical matters
• Strong communication and leadership skills, with an emphasis on financial and business acumen, including ASC 606: Revenue from Contracts with Customers. Strong emphasis on Principal vs. Agent criteria and timing of revenue recognition principles
• Experience assessing the effectiveness and oversight of financial control design and implementation; ensures compliance within a diverse organization
• Experience partnering with various work streams in process improvement initiatives along with developing procedural step plans for execution
• Demonstrated successful oversight of the management and resolution of complex accounting matters to ensure completeness and efficiency
• Confident and poised influencer who uses analytical and leadership skills to achieve goals
• Experience building collaborative working relationships with stakeholders at the global/regional, local or corporate level
• Proven ability to define problems, collect data, establish facts, and draw valid conclusions
• Proficient PC skills, especially Microsoft Office (Excel, Word, PowerPoint), Salesforce, Hyperion & Oracle a plus Corporate Security Responsibility All activities involving access to Mastercard assets, information, and networks comes with an inherent risk to the organization and, therefore, it is expected that every person working for, or on behalf of, Mastercard is responsible for information security and must: Abide by Mastercard’s security policies and practices; Ensure the confidentiality and integrity of the information being accessed; Report any suspected information security violation or breach, and Complete all periodic mandatory security trainings in accordance with Mastercard’s guidelines.