Mastercard India | Manager, Accounting

About the role and responsibilities

• We are looking for a detail-oriented and results-driven Manager, Accounting to lead and manage the accounting operations within our Global Business Solutions (GBS) organization. This role will play a critical part in ensuring the accuracy, timeliness, and compliance of accounting activities, supporting both corporate and statutory reporting requirements.
• The ideal candidate will have a strong background in accounting operations, a proven ability to manage teams, and experience working in a fast-paced, global environment. This position requires a hands-on approach to managing processes, resolving issues timely, collaborating with cross-functional teams, and invest in to ensure operational excellence with a highly customer centric approach.
• Oversee the day-to-day accounting operations, including cash reconciliation, general ledger management, month-end and year-end close processes, reconciling cash and cash equivalent accounts, effective monitoring of control accounts and variance analysis of periodic movements around our diverse global cash operations.
• Ensure compliance with US GAAP and corporate policies.
• Manage the preparation and review of journal entries, account reconciliations, and subledger-to-general ledger reconciliations.
• Collaborate closely with Treasury and cross-functional teams to drive the accurate and efficient management of cash operations
• Support audit requirements.
• Ensure timely and accurate delivery of financial and operational reports, balance sheet disclosures/footnotes, meeting internal and external deadlines.
• Maintain a robust internal control framework to mitigate risks and ensure compliance with regulatory requirements.
• Able to lead, mentor and motivate a team of accounting professionals, fostering a culture of accountability, continuous improvement, and collaboration.
• Able to provide coaching and development opportunities to enhance team members' technical and leadership skills.
• Allocate tasks effectively, ensuring team efficiency and alignment with organizational priorities.
• Identify and implement process improvements to streamline workflows, reduce errors, and enhance efficiency in accounting operations.
• Leverage technology and automation tools, to optimize accounting processes.
• Drive standardization of accounting practices across multiple entities and regions.
• Drive usage of Artificial Intelligence (AI) and automations for process efficiencies and effectiveness.
• Partner with cross-functional teams, including Treasury, Corporate Controllership, to support business needs and strategic initiatives.
• Communicate effectively with senior management, providing insights into accounting operations and key financial metrics.
• Address escalations from internal and external stakeholders, ensuring timely resolution of issues.

Experience and qualifications

• Bachelor’s degree in accounting, Finance, or a related field; CPA, CA, or equivalent certification preferred.
• 10+ years of progressive accounting experience, with at least 3 years in a SME/lead role.
• Strong understanding of subledger and controlling accounts for AP, AR, Intercompany etc
• Strong technical expertise in accounting operations, including GL management, reconciliations, and close processes.
• In-depth knowledge of GAAP, IFRS, and statutory reporting requirements.
• Proficiency in Oracle systems is must
• Excellent verbal and written communication skills
• Strong analytical and problem-solving skills
• Strong commitment to customer service excellence, featuring a customer-centric mindset
• Thorough understanding of MS Excel (Knowledge in PowerBI/Power Automate is beneficial)
• Drive usage of Artificial Intelligence (AI) and automations for process efficiencies and effectiveness

Mastercard

Mastercard is a global payments technology company that runs one of the world's largest card payment networks, connecting consumers, merchants, banks and governments in more than 200 countries and territories. It does not issue cards or lend money itself: it provides the network, processing, security and data services that let banks and other partners offer credit, debit, prepaid and digital payment products. Its work also covers fraud prevention and cybersecurity, digital identity, open banking, and data-led advisory services for businesses and governments.

Mastercard has worked in India for more than four decades. It opened its first India technology hub in Pune in 2014, and Pune is now its largest workforce in a single city anywhere in the world; the company also has offices in Gurugram, Mumbai, Hyderabad, Bengaluru and Vadodara. Teams in India work on software, data and cybersecurity, and also in finance, franchise and network services, product management and the Advisors & Consulting Services practice, which gives clients strategy, analytics and marketing advice. Finance, revenue assurance, consulting and analytics roles here can suit CA, CFA, CMA, MBA (Finance) and commerce profiles.

• Industry: Payments technology — global card payment network, payment security and data services
• Headquarters: Purchase, New York, USA
• In India: Offices in Pune, Gurugram, Mumbai, Hyderabad, Bengaluru and Vadodara