Director, Accounting

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

Director, AccountingJob Title:

Director, Accounting [Intercompany]

About Mastercard

Mastercard is a global technology company in the payments industry. Our mission is 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. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.

Position Overview:

We are seeking a highly motivated and experienced Director, Accounting (Intercompany) to lead and drive strategic accounting initiatives within our Global Business Services (GBS) organization, with a focus on intercompany processes. This role is pivotal in ensuring the accuracy, efficiency, and compliance of intercompany accounting operations across multiple regions and functions. The Director will oversee a manager and team responsible for intercompany journals, reconciliations, invoicing, settlements, and related reporting.

Role & Responsibilities

Strategic Leadership

• Lead and oversee all intercompany accounting operations, ensuring alignment with organizational objectives and global standards.
• Develop and execute strategies for process improvement, standardization, and automation within intercompany accounting.
• Partner with global stakeholders (Tax, Corporate Controllership, Treasury, and Legal) to drive intercompany initiatives.

Intercompany Process Management

• Oversee and approve intercompany journal requests, including review, edit, and denial as appropriate.
• Manage intercompany reconciliations and confirm intercompany balances.
• Direct the preparation and submission of intercompany journals and supporting documentation.
• Oversee intercompany invoicing and settlement processes, including generating invoices and matching reports.
• Finalize intercompany balances and perform settlements with trading partners.
• Manage and resolve disputes and action items related to intercompany transactions.
• Issue close status and monthly reporting for intercompany activities.
• Prepare balances with trading partners and ensure accurate service fees accounting and reconciliations.

Financial Reporting & Compliance

• Ensure timely and accurate preparation of intercompany accounting reports and reconciliations in compliance with GAAP and applicable standards.
• Maintain strong internal controls for intercompany processes to ensure compliance with corporate policies and external regulations.

Team Management & Development

• Build, lead, and mentor the intercompany accounting team, including direct oversight of the intercompany manager.
• Set clear goals and expectations, provide regular feedback, and foster a culture of continuous improvement.
• Drive a collaborative team environment that promotes innovation and accountability.

Operational Excellence

• Oversee month-end close management for intercompany activities.
• Identify and address risks in intercompany financial reporting and operations, implementing mitigation plans as needed.
• Evaluate and implement advanced tools and technologies to streamline intercompany accounting processes.

Stakeholder Engagement

• Serve as a key point of contact for internal and external stakeholders regarding intercompany accounting.
• Collaborate with other GBS leaders to harmonize intercompany processes and share best practices.
• Communicate effectively with senior leadership, providing insights into intercompany accounting operations and performance metrics.

All About You

• Minimum of 10 years of experience in a senior leadership role within global business services, preferably in a multinational environment.
• Bachelor's degree in accounting, Finance, or related field; CPA or equivalent qualification preferred.
• Strong technical expertise in global accounting standards and intercompany regulations.
• Excellent leadership and team management skills, with the ability to inspire and guide a diverse team.
• Exceptional communication skills, with the ability to interact effectively with auditors, cross-functional teams, and leadership.
• Strategic thinking and problem-solving ability.
• Strong interpersonal and relationship-building skills.
• Proactive and results-oriented mindset.
• Ability to thrive in a fast-paced and dynamic environment.

Corporate Security Responsibility

All 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.