Manager, Accounting

Mastercard; Pune District; On-site; INR 1,500,000 - 2,700,000; Full time

Job summary

Mastercard Inc. in India seeks a Manager, Accounting to deliver timely and accurate accounting services for Global Business Services Center (GBSC). You will review contracts, perform month-end close, and supervise reconciliation, variance analysis for net revenue, rebates and incentives.

The role emphasizes process improvement, SOX compliance, and cross-functional collaboration with business partners across Mastercard Worldwide.

Qualifications

• Knowledge of US GAAP and current accounting concepts.
• Prior revenue, contra revenue, and/or contract management experience preferred.
• Strong verbal and written communication skills.

Responsibilities

• Review contracts and create customers, deals and incentives in CRS.
• Close CRS sub-ledger and Oracle GL with journal entries.
• Prepare and review GL account reconciliations and journal entries.

Skills

US GAAP

Revenue recognition

Contract management

Oracle ERP

SOX compliance

Analytical skills

Communication

Education

CPA/CA

Inter CA, MBA Finance

Tools

Oracle ERP

CRS system

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

Manager, Accounting

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

Manager, Accounting

Position: Accountant/ Senior Accountant, Net Revenue, GBSC

Overview

Job Description Summary

• Are you motivated to work in a team that provides global services?
• Do you like to simplify, standardize, and transform existing processes?

This Position will provide excellent accounting services to Mastercard Worldwide as part of the Global Business Services Center (GBSC). The candidate will be responsible for delivering timely and accurate accounting services to our Mastercard Worldwide business unit(s) and will be responsible to support processes such as contract review to capture key financial elements, month-end close process, reconciliation & variance analysis for net revenue, rebate and incentive payment validation, processing, and approvals.

Role

• Review executed contracts and create customers, deals and incentives in the Mastercard Contra Revenue System (CRS)
• Accomplish timely, accurate close of the CRS sub ledger and Oracle general ledger including creation and review of journal entries
• Identify and prepare manual journal entries through the analysis of close results, trends and actual to budget/forecast
• Prepare and review general ledger account reconciliations
• Perform 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 organization
• Recommend, develop and implement process improvements to improve accounting operational efficiency, quality of output and optimize synergies
• Monitor performance indicators to track progress against goals
• Perform various ad-hoc reporting, analysis or projects, as needed
• Partner with financial systems regarding CRS requirements, data, reporting, and functionality
• Support SOX control compliance
• Other duties as required

All About You

Education/Certification

• CPA/CA, preferred
• Inter CA, MBA Finance

Knowledge/Experience/Skills

• Knowledge of US GAAP and current accounting concepts
• Prior revenue, contra revenue, and/or contract management experience, preferred
• Strong verbal and written communication skills
• Strong customer service and business acumen
• Progressive accounting experience preferably in a large, global environment
• Ability to deliver accurate results in a fast-paced environment with attention to deadline constraints
• Robust understanding of financial/ERP systems, preferably direct experience with Oracle
• Prior experience in significant process improvements projects