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
Senior Finance Analyst
The ideal candidate is a self-starter with a broad finance background, with the ability to build relationships with cross-functional teams, contribute to the finance team and consistently produce exceptional results.
This job is ideal for a person with a strong technical accounting background, good analytical skills and an ability to drive projects through to completion. The critical components are problem-solving skills, and intellect, combined with a "can do" attitude.
The jobholder will be part of the UK&I Nordics & Baltics Controller's group within MasterCard Europe's Finance division. The role will mainly be responsible for Rebates & Incentives, Pricing & Billing Operations for the UKINB (UK, Ireland, Nordics and Baltics) division within Europe. This position will report to the Director Controlling UK&I Nordics & Baltics. This position is based in London.
The role oversees the timely and correct accounting treatment of all customer business agreements in terms of revenue recognition and contra-revenue (rebates and incentives) in partnership with the GBSC (Shared Services centre in India), ensuring compliance with current applicable Mastercard policies and internal controls as well as US GAAP.
The role will support the business in relation to their generation of customer business agreements and play an advisory role to the account teams.
The jobholder will be a key contributor to both the financial and commercial process and will work closely together with different departments within the organization (FP&A, Business Development Finance, Legal, GBSC, Account Managers & Regional Finance).
The jobholder will review R&I reporting on a monthly basis and provide commentary to different stakeholders within the organization (mainly Corporate Controllers Group in NY on a quarterly basis) on an as needed basis.
Support the business in delivering monthly and quarterly reports that measure business performance metrics.
Support Mastercard's Internal Control and Sox Compliance processes across the UK&I and Nordics & Baltics divisions - assist in rolling out a revised internal control framework within these divisions.
Role
Responsible for overseeing the quality of the full accounting process for rebates and incentives (R&I or contra-revenue) ensuring timely and accurate accounting treatment for the countries under scope. (Note the operational accounting process is carried out by the GBSC.)
Provide complex accounting advice and guidance: discuss, challenge and validate various accounting treatments, and communicate them effectively to ensure proper understanding and application by Regional Finance teams and other regional stakeholders.
Support the contract drafting process as a reviewer to ensure that contract verbiage in customer business agreements which enables proper accounting treatment in line with the applicable Mastercard policies and US GAAP as well as provides clear interpretation of the financial clauses in the contract.
Perform various oversight controls for the R&I accounting process including review of monthly P&L trends, quarterly reporting deliverables for Corporate and deal performance monitoring in the region. Ensure internal and external audit compliance as well as ensure SOX compliance and process documentation for all key control activities.

• Participating on cross-functional teams for any European billing related projects. Liaising with GBSC Billing Services to automate manual billing processes.
• Provide ad hoc reporting and drive efficiency improvements to existing processes.

Accounting Tasks

• Review Accounting Summaries in accordance to MasterCard's applicable policies for customer business agreements and ensure that the accounting treatment of the signed business agreements is applied accordingly.
• Review full monthly incentive reconciliation for UK&I and N&B and ensure required clarifications are provided to the European Controller and Global Finance.
• Participate in monthly regional calls on incentive accruals, forecast and R&O.
• Prepare, validate and present the quarterly incentive reviews to Global Finance and external auditors.
• Ensure SOX compliance and process documentation for all Key Control Activities.
• Ensure internal & external audit compliance.
• Provide incentive accounting guidance and trainings to the regions.
• Provide oversight and guidance over Funds usages in the UK&I and N&B regions - ensure that the contract language is correct and perform quarterly reviews over the significant fund initiatives.

About You
Skills & Experience
The Ideal Candidate Would Have

• Bachelor's degree preferred. Qualified Accountant (ACA, AMCA, ACCA)
• Post-qualification experience in industry preferably in payments or in a related industry.
• US GAAP experience preferred, IFRS also helpful
• Technical Accounting experience, ability to evaluate revenue contracts from a technical accounting perspective.
• Ability to work through ambiguous concepts and issues to bring clarity to the stakeholders.
• Excellent communication and organizational skills, high sense of initiative and urgency
• Enjoy learning and mastering the intricate details of new systems (i.e. Mastercard Billing System and Contra-revenue system)
• Comfort with innovation & new areas
• Ability to deliver results in a fast-paced environment with a sense of urgency & accuracy.
• Ability to manage multiple activities in a condensed timeframe
• Excellent communication and presentation skills
• Advanced MS Excel skills essential
• Must have strong attention to detail and the ability to work independently through obstacles.

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.