Job Description

Team Summary

Controllership plays an integral part of Visa’s operations in India & South Asia. Controllership is accountable for: 1) ensuring the integrity and accuracy of financial reporting for activities across the Korea and Mongolia geographies in accordance with US GAAP, IFRS and various other local statutory requirements 2) establishing and monitoring internal controls, partnering with the business stakeholders to ensure the controls environment continues to stay strong and effective, 3) management of the Controllership Operations function.

The Country Controller is a key member of the India & South Asia leadership team and requires an in-depth understanding of how various functions contribute to achieving the organization goals and the commercial objectives of the business.  The Country Controller provides oversight, guidance, and consultative support on business transactions to achieve positive outcomes whilst ensuring compliance with policies and procedures.  They work closely with functional leads in Finance and Controllership teams in the APAC region to drive process excellence and ensuring that financial controls across business processes operate in an effective compliant manner, while maintaining a robust controls framework. Accountable for integrity and accuracy of financial reporting in accordance with US GAAP, IFRS and various other local statutory requirements.  The profile of the role requires significant interaction with the INSA Leadership Team and will act as the key representative for all AP Controllership processes within the Country.  The role requires excellent communication and problem-solving skills and the ability to influence stakeholders at senior level.

Responsibilities:

• Responsible for strengthening and maintaining the internal controls and the control environment to support the business.
• Ensure that robust controls are implemented and adhered to in line with local regulations as applicable, Company’s policies, procedures and guidelines and best practices.
• Be the “go to” subject matter expert on Finance policies and procedures.
• Appropriately assess risk, including but not limited to business, financial, control and reputational. Safeguarding the organization
• Partner with other supporting functions such as Compliance, Legal and Risk to implement and maintain business procedures with robust controls in place that are adhered to.
• Contributes to the integrity and control of the financial books and records as well as the process by which these records are generated.
• Manage the financial reporting processes and ensures that financial results are timely, accurate and in accordance with US and local GAAP and applicable accounting and reporting standards.
• Responsible for the independent financial statement statutory audit, including completion of audited financial statements.
• Responsible for both internal and external local and regulatory reporting, where applicable
• Partner with Tax to achieve transfer pricing strategies with effective monitoring of legal entity transaction flows through timely reconciliation and settlement of intercompany balances.
• Collaborate with cross-functional teams, globally and regionally to drive process excellence and standardization.
• Cultivate and lead a high performing team that produces high degree of financial oversight, effective control environment and process excellence.
• Use information and data to communicate and provide rich insights to leadership team for decision making.
• Identify systems and tools that can achieve automation outcomes positively.
• Embed a Lean Six Sigma culture of continuous process improvement to drive efficiency and future scalability with excellent customer service levels.
• Perform root cause analysis and drive corrective action of exceptions identified by key controls stakeholders.

Why this is important to Visa

Controllership plays an integral part of Visa’s operations in India & South Asia.  This role ensures the country financials are reflective of the transactions and activities undertaken by the country and these are recorded in accordance with local GAAP/IFRS.  Additionally, ensures business stakeholders are provided the appropriate support and guidance. 

This is a hybrid position. Hybrid employees can alternate time between both remote and office. Employees in hybrid roles are expected to work from the office three days a week, Tuesdays, Wednesdays, and Thursdays with a general guidepost of being in the office as business needs.