Job Abstract

The Senior Manager, Treasury Accounting is based in Foster City, CA, and will lead Visa’s treasury accounting team including cash, settlements, investments, and derivatives. This position reports to the Senior Director, Corporate Accounting and will manage a team of 4 employees primarily located in Foster City, CA.

Essential Functions:

• Oversee the monthly close process for all Treasury related activity including the completeness and accuracy of all journal entries, account reconciliations and flux analysis.
• Act as the subject matter expert for all treasury related accounting matters.
• Lead cash accounting activity for more than 40+ accounts across 10+ legal entities using the Quantum cash accounting tool.
• Maintain the Quantum system and management of the interface between Quantum and the Oracle general ledger, including proper account set up for new bank accounts, GL accounts or activity types. 
• Oversee the accounting of settlement collaterals and Current Expected Credit Losses (CECL).
• Lead pre-close and post-close variance analysis and provide meaningful insight to activity, trends, unusual and significant transactions.
• Utilize sound judgement to interpret and apply US GAAP accounting guidance and company policies.
• Develop close relationships across business functions such as Treasury, Tax, Strategic Ventures and Technical Accounting to ensure transactions are appropriately recorded.
• Partner with global accounting team members who manage intercompany settlements to ensure intercompany transactions are settled properly through Quantum.
• Support the preparation and review of 10K and 10Q filings, including footnotes and disclosures related to Treasury accounting.
• Identify any potential treasury related risk areas and provide sound recommendations and solutions to mitigate such risk.
• Instill a culture of continuous improvement in a methodical, pragmatic and expeditious manner including automation of manual processes and controls and standardization of processes. 
• Manage, develop, and coach a strong team, promoting a culture of collaboration and continuous learning.
• Ensure SOX compliance by adhering to internal control requirements, maintaining updated documentation and providing recommendations as appropriate.
• Participate in quarterly KPMG audit and PBC requests for financial reporting.

This is a hybrid position. Hybrid employees can alternate time between both remote and office. Employees in hybrid roles are expected to work from the office 2-3 set days a week (determined by leadership/site), with a general guidepost of being in the office 50% or more of the time based on business needs.