Manager, Process & Control - Mastercard Transaction Services

Job Description

Our PurposeWe 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.Job TitleManager, Process & Control - Mastercard Transaction ServicesOverview?The position will be part of the Mastercard Transaction Services (MTS) Controller?s group reporting to the MTS Controller.?The MTS Controller?s Group is responsible for ensuring the integrity of the US GAAP financials in partnership with the GBSC (Global Business Service Center), local statutory reporting compliance as well as providing support to the business teams across a number of areas including accounting and controls.?The core mission of the successful candidate is to identify automation initiatives within processes, provide controls oversight on financial and business processes, enable and facilitate the compliance of business owners with corporate policies and internal controls, as well as participate and lead Operational Risk Management (ORM) assessments with business process owners.?Initial primary focus will be on building and managing the intercompany structure within MTS through defining the process and implementation of controls.?The position will be required to build and foster relationships across the organization at various levels and geographies.Role?Design and build the intercompany framework for the MTS division jointly with the legal, tax and GBSC teams.?Define and document an end to end intercompany process for the MTS division which includes accounting entry flow, invoicing, settlement and overall monitoring of the process.?Support the legal team during the creation of the service level agreements between the hubs and legal entities.?Monitoring and co-ordination of the service level agreements together with business owners as well as monthly calculation of the intercompany allocation of costs from legal entities to the hubs.?Promote and maintain a strong control environment, including compliance with SOX controls, Corporate Policies and other internal/operational controls.?Establish a risk and control framework for standard processes and assist the business in implementing this framework.?Perform assessments, including those over the above mentioned risk and control framework, to bring awareness of possible control issues to stakeholders so that proper remediation can take place on a timely basis.?Develop and implement process improvements to financial and operational controls and/or processes; i.e. efficiency, quality of output, centralization of activities and automation initiatives. The priority will be financial controls at the commencement and will then lead into operational controls?Support the Controllers Group ORM (Operational Risk Management) initiative by leading/participating in projects and partnering with the business on evaluating the risks and controls of business processes outside accounting and financial reporting?Act as a Subject Matter Expert on Corporate Policies and internal control procedures related to accounting and financial reporting for the MTS business.?Liaise with external and internal auditors where control risks have been identified, in partnership with the business, lead and oversee the design, establishment and implementation of any applicable mitigating controls.?Lead special projects and perform various ad-hoc reporting or analysis as needed.All About You?BIG 4 audit experience preferred or internal audit experience in a large multi-national?University degree in Accounting?CPA or relevant accounting certification?Strong controls background?Strong analytical skills?Excellent communication and organizational skills. Able to articulate issues and proposed resolutions in a clear and concise manner?High sense of initiative and urgency?Team player with developed interpersonal skills?Stress resistant, able to achieve goals and overcoming obstacles?Fluency in English required (verbal and writing)?Excellent PC skills with strong knowledge of Microsoft Excel, Outlook and WordCOVID-19 Considerations We value the safety of each member of our community because we know we?re all in this together.In many locations, which may change over time, we?ve implemented a virtual hiring process and continue to interview candidates by video or phone. In addition, in some locations, only individuals who have been fully vaccinated will be permitted inside Mastercard offices until further notice.In the US, Mastercard is a government contractor, which may legally require most Mastercard employees to be vaccinated unless a verified approved medical or religious exemption is granted. Further, we are currently making every effort towards having employees return to work in the office 2 days per week, if that makes sense for their team. Everyone must be vaccinated to enter Mastercard offices at this time. Therefore, we expect all candidates to be vaccinated or to be approved for a medical or religious accommodation prior to commencing work at Mastercard.Corporate Security ResponsibilityAll 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.

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