Job Description

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

Manager, Accounting

The MTS Philippines Accounting Team is a key part of the MTS Controllership organization, responsible for delivering accurate, timely, and compliant financial reporting and accounting operations for the Philippines entity, including core functions such as accounts payable, reconciliations, intercompany accounting, and period-end close, while supporting statutory audits, tax and regulatory compliance, and management reporting, and partnering closely with global and cross-functional stakeholders to drive process improvements, maintain strong internal controls, and uphold financial integrity in a complex and highly regulated remittance environment.

We are looking for a person to:
• Help oversee the statutory financial reports that are delivered to various regulators within the Philippines.
• Support the development of processes and controls around the financial activities of the company.
• Ensure oversight of the data extracts used for accounting and supplemental reporting.

This role requires a highly motivated team-player who is able to work collaboratively across finance and operations and technology teams to accelerate the implementation of the abovementioned processes and controls.

Hiring location is based in the Philippines (Pasig).

The Role:
• To play an integral role by overseeing the external audits of the various entities in the Philippines to ensure that the financial statements are accurate and free of material misstatement and that the external audit reports are unqualified.
• Review any necessary adjustments to comply with statutory reporting requirements for the jurisdictions in which we are licensed.
• Be a leader in control aspects by reviewing and implementing processes that lead to a secure control environment.
• Support the GBSC with an emphasis on control and financial accuracy.
• Review of the current revenue generating entries from TFC: perform validation work to ensure that the currencies and legal entities that these are being booked to are accurate.
• Review of the TFC originated entries that are required to be posted in Oracle for the conversion of hard currencies received or paid out into contractually agreed currencies. Define and document this process.
• Monitoring the group month end close process and reporting consolidated results across all MTS entities.
• Management of the settlement bank reconciliation process and approval of journal entries.
• Posting of entries in Oracle related to revenue, consolidation entries and cash within posting threshold.
• Interaction with various stakeholders ie GBSC, external auditors, internal audit, Mastercard corporate / tax team and broader MTS finance team.
• Managing and leading a team from various locations which includes development and talent planning, coaching, performance reviews etc.
• Assist with ad hoc projects or analysis as required.
• Strive for excellence in all areas and drive continuous business process and systems improvements.

All about You:
• Master’s degree in Accountancy, Finance or related disciplines with a Certified Public Accountant, Chartered Accountant designation or equivalent local designation.
• Proficiency with accounting and finance systems/software applications e.g. Excel, Hyperion, and Oracle.
• Strong knowledge of Internal Control concepts. Experience in Internal audit is a plus.
• Driven by a continual process improvement agenda, demonstrated through challenging and improving processes.
• Detailed orientated with strong analytical and financial skills supported by excellent interpersonal and communication skills.
• Experience operating in a diverse, multi-functional finance group across time zones is a plus.
• Must be able to integrate knowledge across various disciplines and work across multi-disciplinary teams.
• Independent worker and thinker with the ability to follow up on time sensitive issues, with the ability to drive others.
• A team player with the ability to communicate effectively and develop good working relationships across multiple levels and organizational boundaries.
• Experience in managing, coaching and nurturing the growth and skills sets of a lean team of 9-10 people.

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.