Senior Accountant

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 Job Description Summary Job Title: Senior Accountant – Services Controllership Overview: The Senior Accountant (Services Controllership) requires the individual to perform procedures critical to ensuring the integrity of financial reporting for the BM&I, CA&E and SSO (D&S/Services Universe) business units in close partnership with the Global Business Shared-service Center (GBSC) organization and Global and Regional Services Finance teams. The Senior Accountant will report to the Director, Accounting (Services Controllership) , based in Bogota (BOG), Colombia, to provide advisory support to the business teams across several areas of focus, including revenue recognition & accounting policies, contract structures and terms, as well as expense recognition guidance to ensure that strong controls are in place and are functioning as expected. Services business units include multiple lines of business such as Loyalty, Marketing Services, Consulting Services, and Location Platforms. Role: The Senior Accountant (Services Controllership), will support Mastercard’s Services business unit by reviewing Services Revenue contracts (SOWs) and partnering with other cross-functional Services teams (Global Business Service Center (GBSC), Services Finance, MCBS, Deal Desk Team, Advisors Business Development, Insights & Enablement’s Deal Desk to ensure proper accounting considerations and requirements are adhered to. • Primary Finance reviewer and approver of Salesforce Projects submitted by the Services sales organization, while maintaining agreed upon SLA turnaround times • Primary Finance reviewer and approver of Salesforce/PSA Projects for executed customer contracts to begin delivery and recognition • Review the Price Service Quote (PSQ) for each product being sold to ensure accurately reflects the contract and project window to show accurate margins in SFDC or Assign the proper GAAP revenue recognition method (RRM) to each project based on the customer contract and best judgement of reviewer • Communicate and collaborate with Sales (SBLs) and Delivery (PMs) teams to resolve any issues identified in Project reviews • Participate in and help review monthly review meeting to verify supporting of milestone-based revenue recognition, fulfillment costs for POC projects performed along with the GBSC to analyze changes in project margins and any other unexpected variances in cost. • Supports a strong control environment by establishing, monitoring, and enforcing operational and SOX controls based on corporate guidelines and general governance standards. Identify areas where controls can be strengthened. • Assists with the implementation of Salesforce process improvements to ensure proper controls to reduce approval cycle. • Assist with project specific Data & Services Controllership analysis and reporting All About You Knowledge of US GAAP accounting concepts, particularly ASC 606 Revenue from Contracts with Customers and expense recognition principals. Advance MS Excel and financial/ERP systems, preferably direct experience with Oracle and SalesForce.com application. Strong foundation and experience in accounting. Ability to produce accurate and reliable outputs/results. Strong bias on controls and ensuring that processes and procedures are followed. Results orientated with an ability to work under pressure and have a structured approach to deliverables. Focused on achieving key outputs, with a sense of ur ... (truncated, view full listing at source)