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Director, Technical Accounting (Process Improvement)

Purchase, NY, US•Posted Jul 11, 2023
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Company
MasterCard
Description
Our Purpose


We work to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. We cultivate a culture of inclusion for all employees that respects their individual strengths, views, and experiences. We believe that our differences enable us to be a better team – one that makes better decisions, drives innovation and delivers better business results.


Title And Summary


Director, Technical Accounting (Process Improvement)


Overview


The Director, Technical Accounting and Process Improvement reports to VP, Controller – Product & Engineering and Technical Accounting and is responsible for providing accounting guidance for complex business transactions, including revenue transactions, vendor agreements, and acquisitions and investments, and ensuring appropriate company policies are maintained and/or established when needed.


Role


  • Researches and plans implementation of new accounting pronouncements
  • Accountable for ensuring that policies and procedures are in place and regularly updated with focus on standardization and compliance
  • Perform and document accounting research for new and non-routine transactions to determine both US and International GAAP treatment
  • Assist in the financial decision making process by providing alternate accounting structures to the business related business transactions
  • Assist in purchase price accounting and valuation for company's acquired entities. Additionally provide accounting guidance on pipeline M&A transactions.
  • Maintain accounting for company's investment portfolio, including liaising with Strategy and Corporate Development on accounting for new and complex investments, VIE analysis and mark-to-market adjustments
  • Collaborate with the team to establish accounting memos supporting US and International GAAP accounting conclusions and coordinate with external auditors to ensure conclusions are appropriate
  • Provides ongoing day-to-day support with moderate to complex accounting issues and assists in the review of reporting deliverables to assure compliance with SEC requirements
  • Assists with training and communication of new accounting pronouncements by developing training content and memos
  • Perform in-depth review of current controllership process and assess if improvement is needed
  • Lead discussions and provide specific recommendations to senior management
  • Complete special requests from Senior Management for analysis, research, and detailed information, including other projects deemed necessary from time to time by the Chief Financial Officer and Corporate Controller. The special requests may include researching, consulting and reviewing technical memorandums on proposed and/or completed transactions


All About You


  • Bachelor’s degree in Accounting, Finance or related discipline
  • Certified Public Accountant or Chartered Accountant or equivalent required
  • Established credibility as a trusted advisor to business partners and senior leadership on complex technical matters
  • Strong communication and leadership skills, with an emphasis on financial and business acumen
  • Experience assessing the effectiveness and oversight of financial control implementation; ensures compliance within a diverse organization
  • Experience setting strategy for process improvement initiatives along with developing procedures for implementation
  • Demonstrated successful oversight of the management and resolution of high-risk issues to ensure completeness and efficiency
  • Confident and poised influencer who uses analytical and leadership skills to achieve goals
  • Experience building collaborative working relationships with stakeholders at the global/regional, local or corporate level
  • Strong general accounting knowledge including US & International GAAP
  • Successfully drive and integrate change and cultivate a continuous improvement culture
  • Excellent project management skills with strong analytical and financial skills
  • Must be able to integrate knowledge across disciplines and demonstrate effective leadership with relationship development skills
  • Proficient PC skills, especially Microsoft Office (Excel, Word, PowerPoint), Hyperion & Oracle a plus
  • Market and industry knowledge a strong plus


In the US, Mastercard is an inclusive Equal Employment Opportunity employer that considers applicants without regard to gender, gender identity, sexual orientation, race, ethnicity, disabled or veteran status, or any other characteristic protected by law. If you require accommodations or assistance to complete the online application process, please contact reasonable_accommodation@mastercard.com and identify the type of accommodation or assistance you are requesting. Do not include any medical or health information in this email. The Reasonable Accommodations team will respond to your email promptly.


Corporate Security Responsibility


Responsibilities


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.


Pay Ranges


Purchase, New York: $145,000 - $224,000 USD
Identifier
e5f06eb3d9b54c89c2cbd0bde5a2ed9b
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