Manager, Rebates and Incentives

Mastercard; London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A global payment technology company in London seeks a Manager, Rebates and Incentives to oversee the accounting processes related to customer agreements. This role requires strong technical accounting skills, experience with US GAAP, and the ability to work collaboratively with cross-functional teams. Responsibilities include supporting contract drafting, ensuring compliance, and providing ad hoc reporting. Ideal candidates will have a bachelor’s degree and be qualified accountants. Competitive compensation and benefits are offered.

Qualifications

• Bachelor’s degree preferred; qualified accountant (ACA, ACCA).
• Experience in industry, preferably payments or related fields.
• US GAAP experience preferred; IFRS helpful.
• Technical accounting expertise, especially in revenue contracts.
• Ability to clarify ambiguous concepts and issues for stakeholders.

Responsibilities

• Oversee the quality of the full accounting process for rebates and incentives.
• Provide complex accounting advice and communicate effectively to stakeholders.
• Perform oversight controls, review monthly P&L trends, and ensure SOX compliance.
• Prepare and present quarterly incentive reviews to global finance and auditors.
• Provide guidance and training on incentive accounting.

Skills

Strong technical accounting

Analytical skills

Problem-solving

Project management

Communication

Education

Bachelor’s degree

Qualified accountant (ACA, ACCA)

Tools

US GAAP

IFRS

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, 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

Manager, Rebates and Incentives Overview

The ideal candidate is a self-starter with a broad finance background, capable of building relationships with cross-functional teams, contributing to the finance team, and consistently producing exceptional results.

This role is ideal for someone with a strong technical accounting background, particularly in revenue accounting, with good analytical skills, the ability to problem-solve independently, and drive projects to completion. Key qualities include energy, intellect, and a proactive attitude.

The jobholder will be part of the Europe Controller’s group within Mastercard Europe’s Finance division. The primary responsibility will be overseeing Rebates & Incentives for a division within Europe. This position reports to the Director of Controlling and is based in London.

The role involves ensuring the timely and accurate accounting treatment of all customer business agreements related to revenue recognition and contra-revenue (rebates and incentives), in partnership with the GBSC (Shared Services Centre), ensuring compliance with Mastercard policies, internal controls, and US GAAP.

The position will support the business in generating customer business agreements and serve as an advisor to the account teams. The jobholder will contribute to both financial and commercial processes and collaborate closely with departments such as FP&A, Business Development Finance, Legal, GBSC, Account Managers, and Regional Finance.

Responsibilities include reviewing Rebates & Incentive reporting for stakeholders (notably the Corporate Controllers Group in NY), overseeing the month-end process managed by GBSC, assisting with ad hoc accounting queries, supporting the delivery of performance metrics reports, performing SOX controls, and ensuring compliance and process documentation.

Key Responsibilities

• Oversee the quality of the full accounting process for rebates and incentives, ensuring timely and accurate treatment.
• Provide complex accounting advice, challenge, validate treatments, and communicate effectively to stakeholders.
• Support contract drafting to ensure proper accounting treatment and clear financial clause interpretation.
• Perform oversight controls, review monthly P&L trends, quarterly reporting, and ensure audit and SOX compliance.
• Provide ad hoc reporting and implement process improvements.

Accounting Tasks

• Review accounting summaries and ensure correct treatment of customer agreements.
• Review incentive reconciliation monthly and support regional calls on accruals and forecasts.
• Prepare and present quarterly incentive reviews to global finance and auditors.
• Ensure SOX compliance and process documentation for key controls.
• Provide guidance and training on incentive accounting.
• Oversee fund usage in regions, ensuring correct contract language and quarterly reviews.

About You

• Bachelor’s degree preferred; qualified accountant (ACA, ACCA).
• Experience in industry, preferably payments or related fields.
• US GAAP experience preferred; IFRS helpful.
• Technical accounting expertise, especially in revenue contracts.
• Ability to clarify ambiguous concepts and issues for stakeholders.

Corporate Security Responsibility

All activities involving access to Mastercard assets, information, and networks come with inherent risks. Every employee or representative must:

• Abide by Mastercard’s security policies;
• Ensure confidentiality and integrity of accessed information;
• Report security violations or breaches;
• Complete mandatory security trainings.