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Financial Analyst - Mid Level

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Job Description - Financial Analyst - Mid Level

Techwave, we are always in an exercise to foster a culture of growth, and inclusivity. We ensure whoever is associated with the brand is being challenged at every step and is provided with all the necessary opportunities to excel in life. People are at the core of everything we do.

Who are we?

Techwave is a leading global IT and engineering services and solutions company revolutionizing digital transformations. We believe in enabling clients to maximize the potential and achieve a greater market with a wide array of technology services, including, but not limited to, Enterprise Resource Planning, Application Development, Analytics, Digital, and the Internet of things (IoT).

Founded in 2004, headquartered in Houston, TX, USA, Techwave leverages its expertise in Digital Transformation, Enterprise Applications, and Engineering Services to enable businesses accelerate their growth.

Plus, we're a team of dreamers and doers who are pushing the boundaries of what's possible.

And we want YOU to be a part of it.

Job Description

Job Title: Financial Analyst
Location Requirements (Remote or Onsite): Onsite

Job Description:
The Client Incentive Operations team are responsible for managing Client Incentive and Merchant Acceptance Incentive agreements. We ensure compliance with contractual terms and determine the accounting treatment of each incentive deal and conformity with US GAAP. We use lean/six sigma process methodologies to provide benefits to our stakeholders regarding quality, cost and schedule associated with our work. This role is to support the operations of client incentive teams from all regions worldwide.

Essential Functions:
• Manage Incentive contracts for all regions
• Analyze newly executed incentive contract terms to assess Visa contractual obligations and determine appropriate accounting treatment based on Visa policy and procedure
• Review proforma to ensure accuracy of contract interpretation and application of Visa accounting policy respectively
• Setup incentive contracts in Oracle Revenue Management and Billing (ORMB) system per contract terms, ensuring that all key obligations have been accurately addressed. Ensure consistencies in the process especially those to accommodate system limitation
• Manage, track, and process contractual payments per terms of contracts accurately and timely for all regions
• Liaise with Sales, Legal and clients to determine the fulfillment of contractual obligations.
• Review on-going contract performance and update future performance /amortization schedules, as needed
• Responsible for inquiries and issue resolution related to the assigned contracts
• Coordinate with the bigger Client Incentive Operations team, understand the various deals across regions and ensure a consistent business process applied globally for a similar contract structure
• Support ad-hoc analysis or project as needed
• Ensure key production metrics for the month are met

Basic Qualifications:

1) 2 years of work experience with a bachelor’s degree or an Advanced Degree (e.g. MBA)
2) 3 - 5 years of relevant working experience

Preferred Qualifications:

1. Bachelor's in accounting
2. Chartered Accountant or CPA preferred but not required
3. Audit or accounting experience
4. Attention to detail and highly organized
5. Self-motivated, ability to function well independently as well as in a team, and comfortable in a fast-paced and dynamic environment
6. Strong leadership and interpersonal skills
7. Strong business analysis skills, excellent verbal, and written communication skills
8. Proficient in advanced Excel skills, familiar with Oracle based application is a plus

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