Director, Controller, Mastercard
CPA, Revenue Recognition
$147-228k
Office located in Purchase, NY
Global payments technology company
Open for applications
Global payments technology company
1001+ employees
Open for applications
$147-228k
Office located in Purchase, NY
1001+ employees
Company mission
To connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart, and accessible.
Role
Who you are
- The Product Controller possesses strong leadership skills to engage teams to optimize and even transform the current structure while utilizing his/her technical skillset to establish and, where necessary, enhance processes and internal controls
- Bachelor’s degree in Accounting, Finance or related discipline
- Certified Public Accountant or Chartered Accountant required
- Established credibility as a trusted advisor to business partners and senior leadership on complex technical matters
- Strong communication and leadership skills, with an emphasis on financial and business acumen
- Experience assessing the effectiveness and oversight of financial control implementation; ensures compliance within a diverse organization
- Demonstrated successful oversight of the management and resolution of high-risk issues to ensure completeness and efficiency
- Confident and poised influencer who uses analytical and leadership skills to achieve goals
- Experience building collaborative working relationships with stakeholders at the global/regional, local or corporate level
- Proven ability to define problems, collect data, establish facts, and draw valid conclusions
- Proficient PC skills, especially Microsoft Office (Excel, Word, PowerPoint), Hyperion & Oracle a plus
What the job involves
- The Product Controller reports to the VP, Controller – Product and Technical Accounting and is responsible ensuring the integrity of the financial statements as it pertains to the Product business unit in partnership with global and regional finance teams, regional controllership and the global business shared service organization (GBSC)
- Successfully partner with business unit finance partners and advise on all accounting related matters on business transactions and accounting/regulatory standards, including but not limited to revenue recognition, software capitalization and impairment reviews
- Interface with external auditors regarding the application of generally accepted accounting principles on certain transactions and matters
- Manage compliance activities, as needed (e.g., Mastercard policies, Sarbanes-Oxley Act (SOX), Internal Audit, Operational Risk Management (ORM)) and communicate potential exposures to leadership
- Assist with the preparation of monthly quarterly and ad-hoc management reporting including variance analysis, technical position memos, executive presentations, etc., ensuring appropriate documentation of accounting positions is in place and advise senior management on complex transactions
- Influence change through strong, collaborative partnerships with internal and external stakeholders, including but not limited to Business and Finance Executives, Peers, Products and Services business partners, Regional Controllers, GBSC, third party vendors
- Liaise with Regional Controllers on global initiatives to ensure consistency and accuracy in all regions
- Periodic review of processes to ensure operationally mitigating risks based on design and the evolution of business processes
- Identify opportunities to implement automated solutions to streamline processes
- Partner with the finance operations team to ensure front-end and back-end controls are implemented to mitigate key risks
- Critical role in finance integrations of new Product acquisitions; responsibilities include alignment to Mastercard’s finance policies and procedures, ensure appropriate revenue and expense recognition, liaise with acquisition and Mastercard finance team, coordination with Regional Controllers where appropriate
- Provide support to business unit controllerships within Product and technical accounting team, ensuring consistent application of Mastercard’s policies and procedures and consulting/change management support as needed
- Support discussions and provide specific recommendations to senior management
- Complete special requests from Senior Management for analysis, research, and detailed information, including other projects deemed necessary from time to time by the Chief Financial Officer and Corporate Controller. The special requests may include researching, consulting and reviewing technical memorandums on proposed and/or completed transactions
Our take
Mastercard is in the global payments business, and operates the world's fastest payments processing network. Its products and solutions have become central to everyday commerce across the world, in activities ranging from shopping and travelling to running businesses.
As the economy has become more and more digitised, Mastercard has been a leading player in helping businesses and individuals across the globe embrace card payments and digital banking. One of the world's largest companies, its revenue has seen consistent gain in the last 20 years.
The challenge for modern payments companies is that payments are always changing, as seen in the astronomical rise of contactless payments over the last decade. Mastercard's acquisition of blockchain systems, and an overall focus on leveraging its technology towards a digital economy, has placed the company in good stead to keep up to date with current trends, like cryptocurrency, in the digitised payments world.
Steph
Company Specialist
Insights
Company
Company benefits
- Gym membership
- Share purchase options
- Extra holiday purchase optional
- Work from home opportunities
- Health insurance
Company values
- Trust - integrity, respect, openness
- Agility - urgency and value through innovation
- Partnership - working as one team for the benefit of all
- Initiative - taking bold and thoughtful actions
Company HQ
Purchase, Harrison, NY
Articles
Founders
Michael Miebach
(CEO, not founder)Has served in a variety of roles at the company, including President and CPO. Currently Board Member at IBM, Accion, the World Resources Institute, the US-India Strategic Partnership Forum, and the Metropolitan Opera. They are also a Trustee of USCIB.
People progressing
Joined as VP in 2008, promoted 4 times in 11 years to their current position of Executive Vice President.
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