Senior Accounting Director - M&A Integration and Corporate Consolidation

  • Full-time
  • Job Family Group: Finance

Company Description

As the world’s leader in digital payments technology, Visa’s mission is to connect the world through the most creative, reliable and secure payment network - enabling individuals, businesses, and economies to thrive. Our advanced global processing network, VisaNet, provides secure and reliable payments around the world, and is capable of handling more than 65,000 transaction messages a second. The company’s dedication to innovation drives the rapid growth of connected commerce on any device, and fuels the dream of a cashless future for everyone, everywhere. As the world moves from analog to digital, Visa is applying our brand, products, people, network and scale to reshape the future of commerce.

At Visa, your individuality fits right in. Working here gives you an opportunity to impact the world, invest in your career growth, and be part of an inclusive and diverse workplace. We are a global team of disruptors, trailblazers, innovators and risk-takers who are helping drive economic growth in even the most remote parts of the world, creatively moving the industry forward, and doing meaningful work that brings financial literacy and digital commerce to millions of unbanked and underserved consumers.

You’re an Individual. We’re the team for you. Together, let’s transform the way the world pays.

Job Description

The Senior Accounting Director - Mergers and Acquisitions and Corporate Consolidations is based in Foster City, CA, and is responsible for all Controllership (Accounting)-related M&A activities, and global financial statement consolidation. This position reports to the Vice President M&A Controller based in Foster City, CA. This newly created role will be responsible for:

Controllership M&A Activity:  The Senior Director will be responsible for all Controllership (Accounting)-related M&A activities, most significantly:

  • Financial due diligence most importantly the evaluation of the integrity and accuracy of the financial statements/information of the target entities; accessing the quality of its finance function and internal controls; identifying potential financial accounting risks; preparing preliminary purchase accounting and signing off on the accuracy of the financial accounting underlying the forecasted cash flow analysis prepared to support the ultimate valuation of the target companies. Please note that the Senior Director is NOT responsible for preparing the valuation of target companies.
  • Purchase Accounting: The Senior Director is responsible for all technical accounting and valuation aspects of applying purchase accounting to record completed transactions in Visa’s financial results. This includes leveraging valuation firms, when necessary, to value acquired assets and liabilities; resolving all technical issues; coordinating auditor review, if necessary; and overseeing the execution of initial and ongoing accounting operations.
  • Integration: The Senior Director is responsible for integration of accounting and financial reporting operations into Visa’s operations to ensure accuracy and timeliness of financial reporting.  The Senior Director is responsible for overseeing the financial control environment of the acquired entities, setting forth and executing upon a roadmap to integrate financial systems and platforms. The Senior Director is expected to “hand over” ongoing oversight of a fully-integrated acquired entities to Regional Controllers within 6 to 12 months of acquisition.          

Global Financial Statement Consolidation: The Senior Director will be responsible for the monthly execution of Visa’s global financial statement consolidation, which generates Visa’s consolidated financial results, reported publicly each quarter.  The Senior Director will be responsible for the completeness and accuracy of the consolidation, including consolidation of acquired entities, strategic investments and other activity not currently administered through Visa’s Oracle general ledger system. 

Qualifications

Basic Qualifications:

  • 12 years of work experience in accounting with a Bachelor’s Degree in Finance/Accounting; 10 years of work experience with an Advanced degree (e.g. Masters/MBA/JD/MD); or a minimum of 5 years of work experience with a PhD
  • Strong foundation of M&A experience (either on the corporate or public accounting side) with numerous deals executed
  • 10+ years of experience managing major strategic projects within a large, publicly traded corporation
  • 5+ years of Big 4 Accounting Firm experience focused on developing strong technical accounting acumen
  • CPA or MBA or equivalent

Preferred Qualifications:

  • Proven track record of applying sound and reliable judgment
  • Ability to lead integration and transformation initiatives effectively
  • Experience in designing, structuring and implementing new operational policies and processes in support of new operational structures or challenges
  • Strong organizational skills and the demonstrated ability to manage numerous projects/deliverables simultaneously against set deadlines
  • Strong interpersonal and communication skills and the ability to work collaboratively with others in a high stress, fast paced environment.
  • Progressively increasing responsibility over his/her career with respect to scope of work and team size

Additional Information

Work Hours:

  • Incumbent must make themselves available during core business hours

Travel Requirements:

  • This position requires the incumbent to travel for work 0% of the time.

Mental/Physical Requirements:

  • This position will be performed in an office setting.  The position will require the incumbent to sit and stand at a desk, communicate in person and by telephone, frequently operate standard office equipment, such as telephones and computers, reach with hands and arms, and bend or lift up to 25 pounds

Visa is an EEO Employer.  Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability or protected veteran status.  Visa will also consider for employment qualified applicants with criminal histories in a manner consistent with EEOC guidelines and applicable local law.

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