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 Accountant
Overview
- The position reports to the Manager, UK Controller, part of the Europe Regional Controller’s group.
- The Europe Controllers Group is responsible for ensuring the integrity of the US GAAP financials in partnership with the GBSC (Global Business Service Center), ensuring local statutory reporting compliance as well as providing support to the business teams across a number of areas including accounting and controls.
- The role will cover controller activities in the UK, including support for Mastercard Prepaid Management Services.
The Controller activities include the following:
o Integrity of the Financials - The Controllers work in partnership with their local teams and the GBSC to ensure that the financial statements for their businesses are appropriate. This includes both management reporting and statutory filings.
o Business Advice is provided by the Controllers to ensure the proper accounting and reporting for transactions, customer deals, expenses and other areas.
o The Controllers play a critical role in the First Line of Défense in the Risk and Control Framework. Using the Operational Risk Management (ORM) methodologies and policy, the Controllers ensure that we have efficient processes with effective controls.
Role
Accounting and Internal Controls
- Oversee the integrity of the financial records of UK based legal entities in accordance with Mastercard policies in partnership with the GBSC.
- Manage the statutory account audits for UK based legal entities on a timely basis as well as provision of quarterly disclosure information to Mastercard Corporate Group;
- Maintain strong relationships with external parties (auditors and other third parties involved in the statutory reporting process).
- Maintain strong relationships with internal stakeholders and be able to assess and communicate key risks and opportunities within the business.
- Assist with the preparation of the monthly financial statement monitoring control in preparation of the monthly review conducted by management.
- Maintain a strong internal control environment and improve internal controls where necessary to ensure a scalable infrastructure is in place to allow the company to operate and grow effectively while mitigating risk. Ensure continued alignment with Mastercard internal control procedures.
- Documentation of financial and business processes throughout the group of companies under scope of responsibility.
- Ad hoc support for tax and treasury activities including preparation of cash flow forecasts and interim accounts as required.
Billing and Commercial Finance
- Prepare and review manual billing outside of billing system.
- provide business knowledge and technical/functional support to business units.
- Identify opportunities for process optimization within area of responsibility; coordinate with leadership to implement improvements.
- Maintain desktop procedures and adhere to controls around revenues and collections.
All About You
In terms of the performance and personal competencies required for the position, we would highlight the following:
- ACA/ACCA/CIMA qualified
- Bachelor’s degree in Accounting, Finance or related discipline preferred
- Big 10 or Financial Statement Generation Provider experience preferred
- Experience of liaising with external auditors
- Experience assessing the effectiveness and oversight of operational and financial control implementation
- Experience leading process improvement initiatives along with developing procedures for implementation
- Sound project management and organizational skills
- Strong analytical skills and proficient with Excel
- Very good communicator
- Flexible and able to perform efficiently under tight deadlines
- Enthusiastic, hands on, proactive, able to work well independently and in teams
- Takes initiative and is result oriented
Corporate Security Responsibility
Every person working for, or on behalf of, Mastercard is responsible for information security. All activities involving access to Mastercard assets, information, and networks comes with an inherent risk to the organization and therefore, it is expected that the successful candidate for this position 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.
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.
