Manager – Rebates & Incentive

Mastercard; Maharashtra; On-site; INR 2,500,000 - 4,500,000; Full time

Job summary

Mastercard is seeking a Manager – Rebates & Incentive Manager to oversee rebates and incentive accounting in India. The role emphasizes GAAP knowledge, revenue recognition, and timely closes to produce accurate financial statements.

Collaboration with regional finance teams ensures compliant reporting and data integrity. The position requires CA or MBA, with responsibilities spanning policy development, audits, and cross-regional accounting control.

Qualifications

• Responsible for revenue recognition and close processes.
• Support external audits and respond to auditor requests.
• Develop and implement accounting policies in line with GAAP.

Responsibilities

• Manage monthly close cycle across regions.
• Provide guidance to regions and business units on accounting.
• Ensure consistency of accounting for transactions across regions.
• Monitor compliance with Mastercard policies and accounting literature.
• Perform account reconciliations and prepare management reports.
• Coordinate with Worldwide Finance for data gathering and analyses.
• Assist with external auditors' requests and inquiries.
• Attend quarterly reviews with regions for updates on transactions.

Skills

Accounting

Revenue recognition

GAAP

Financial reporting

Internal controls

Education

CA or MBA

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.

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 – Rebates & Incentive Manager – Rebates & Incentive

Who is Mastercard?

Mastercard is a global technology company in the payments sector. We power payments and provide products and services for individuals and industries all around the world. Our people, technology, data and brand provide the capabilities that drive our success. We believe in connecting people to priceless possibilities.

As a company, we know that our success is driven by the skills, experience, integrity and mindset of the talent we hire. By building an inclusive, world-class culture, our employees have once-in-a-career opportunities to be a part of teams that have a greater impact on our community and our world. We invite you to join our team to find out how you too can start something priceless.

Job Overview

Manages all accounting, including revenue recognition, expense recording, and timely and accurate closes. Ensures the preparation of accurate, reliable, and timely reporting of financial statements and other financial data in accordance with applicable SEC, U.S., GAAP, statutory and regulatory requirements. Keeps abreast of changes to accounting requirements to ensure ongoing compliance. Develops and implements companywide accounting policies in conformance with GAAP and current accounting pronouncements. Prepares period-by-period analyses and explains significant account variances. Develops and implements cost-effective controls to promote data integrity and minimize risk. Monitors compliance with internal accounting policies and procedures and with all regulatory requirements.

Major Accountabilities

• Support the monthly accounting close cycle
• Provide accounting guidance and support to the regions and business units
• Ensure consistency of accounting for the transactions and agreements amongst all regions and business units
• Monitor accounting for agreements for compliance with MasterCard's policies, procedures and related accounting literature
• Perform and/or review account reconciliations
• Work closely with many individuals in Worlwide Finance, regions and business units to gather information for analyses
• Prepare monthly reporting summary for senior management
• Assist with external auditor's requests
• Attend quarterly meetings with regions/business units for updates on transactions and new agreements

Education

• CA or MBA

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.