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
Director, Accounting
Overview:
This position is responsible for managing the financial reporting process, ensuring compliance with regulatory requirements, and providing accurate and timely financial information to stakeholders. This role is predominately responsible for management reporting of consolidated results, external SEC reporting, technical accounting and oversight of business units and regional accounting teams, and projects that support financial processes across the organization. This position reports to the VP, Financial Reporting Controller.
Role:
Financial Reporting:
o Oversee the preparation and timely submission of monthly financial statements in accordance with Generally Accepted Accounting Principles (GAAP),
o Responsible for the preparation of Non-GAAP and GAAP supporting schedules in connection with the Earnings Release and 10Q/10K Filings and earnings release and earning's scripts.
Financial Analysis and Reporting:
o Provide detailed financial analysis and reporting to senior management, highlighting key financial metrics and trends.
o Support Corporate Controllership team in the preparation of presentations and reports for quarterly earning preparations, the Board of Directors and other stakeholders.
o Analyze complex accounting issues and provide guidance on technical accounting matters.
o Oversee the preparation and analysis of monthly and quarterly regional balance sheet analytics
o Review and analyze consolidated results in partnership with the Shared Services group.
Liaising with Shared Services Groups:
o Act as the primary liaison with shared services groups (e.g., Accounting Services, Revenue Services, Financial Systems, etc.).
o Ensure alignment and communication between all financial functions to facilitate accurate and timely financial reporting.
o Address and resolve any discrepancies or issues that arise in collaboration with shared services teams.
o Identify and/or support process improvement initiatives; influence and partner to implement
Internal Controls and Compliance:
o Develop and maintain robust internal control policies and procedures to ensure accuracy and integrity of financial reporting.
o Ensure compliance with Sarbanes-Oxley (SOX) Act requirements and facilitate periodic reviews and testing of internal controls.
o Coordinate with internal audit and/or SOX team to address any control deficiencies and implement necessary improvements.
o Oversee the preparation of SOX documentation and ensure effective implementation of control activities.
Technical Accounting Support:
o Owned the overall benefit and equity accounting process, including stock compensation, EPS, pension and post-retirement plans, severance, and equity transactions
o Oversee preparation and review of annual ASC 712 and Postretirement Welfare Plan (OPEB) actuarial valuation reports
o Provide ongoing accounting support and technical guidance to the finance team and other stakeholders.
Team Leadership and Development:
o Lead and mentor the financial reporting team, providing guidance and development opportunities.
o Foster a collaborative and high-performance work environment.
Special Projects and Ad Hoc Reporting:
o Lead or participate in special projects as required, such as system implementations, and process improvements.
o Provide ad hoc financial reports and analysis as requested.
All About You:
Bachelor Degree in Accounting and CPA required
In-depth knowledge of GAAP, SEC regulations, and SOX compliance
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
Excellent oral and written communication skills and interpersonal skills with emphasis on building strong, longer-term relationships worldwide across varying geographies and functions
Extensive experience delivering presentations and engaging with senior leadership
Ability to work under pressure and meet tight deadlines, while maintaining high attention to detail and accuracy
Proficiency in financial reporting software and advanced Microsoft Excel skills
Prior experience in a Big 4 accounting firm and relevant experience within a public company environment is preferred
Mastercard is a merit-based, inclusive, equal 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. We hire the most qualified candidate for the role. In the US or Canada, if you require accommodations or assistance to complete the online application process or during the recruitment 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
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.
In line with Mastercard's total compensation philosophy and assuming that the job will be performed in the US, the successful candidate will be offered a competitive base salary and may be eligible for an annual bonus or commissions depending on the role. The base salary offered may vary depending on multiple factors, including but not limited to location, job-related knowledge, skills, and experience. Mastercard benefits for full time (and certain part time) employees generally include: insurance (including medical, prescription drug, dental, vision, disability, life insurance); flexible spending account and health savings account; paid leaves (including 16 weeks of new parent leave and up to 20 days of bereavement leave); 80 hours of Paid Sick and Safe Time, 25 days of vacation time and 5 personal days, pro-rated based on date of hire; 10 annual paid U.S. observed holidays; 401k with a best-in-class company match; deferred compensation for eligible roles; fitness reimbursement or on-site fitness facilities; eligibility for tuition reimbursement; and many more.
Pay Ranges
Purchase, New York: $147,000 - $228,000 USD
