Finance Director (GCC)
Job details
Company Description Visa is a world leader in digital payments, facilitating more than 215 billion payments transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories each year. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive. When you join Visa, you join a culture of purpose and belonging – where your growth is priority, your identity is embraced, and the work you do matters. We believe that economies that include everyone everywhere, uplift everyone everywhere. Your work will have a direct impact on billions of people around the world – helping unlock financial access to enable the future of money movement. Join Visa: A Network Working for Everyone. Job Description Finance Director GCC is responsible for financial leadership in the designated markets. Responsibility area covers all financial business aspects for the market: management and facilitation the development and delivery of the Annual Operating Plan and Multi-Year Growth Plans, coordination, analysis and review of financial data to ensure the timeliness and accuracy of all inputs/outputs, compliance with Company policies and with Generally Accepted Accounting Practice (GAAP), statutory financial and tax laws. Collaborates with stakeholders supporting ongoing process improvement that meets business and international governance / compliance requirements while achieving strategic business and financial outcomes. The role also requires flexibility in terms of supporting specials projects or covering other aspects of financial analysis as per business requirement. Working in a matrixed organization, reporting directly to Vice President & CFO GCC, and working closely with Country and Cluster Heads, Finance Director supports the clients facing organization to provide financial business support. Responsibility areas cover all the aspects of financial planning, analysis and reporting, driving and maintaining high standard of financial discipline, business decision support and accountability within the designated market. The role will constantly enhance existing processes and procedures as well as propose new ones. Works closely with the Vice President & CFO GCC and Country and Cluster Head to lead the development and delivery of the Budget, Forecast and Multi-Year Growth Plans driving efficiencies, monitoring resources utilization, supporting resources allocations and proposing the right costing model as well as cross charging mechanism. Keys area of responsibility :
- Responsible for all the aspects of financial planning, analysis and reporting for the functions/areas supported, including but not limited to:
- Leading the budget, forecasts and MSO processes and perform monthly and quarterly P&L reporting.
- Full management of P&L, revenue, OPEX and headcount.
- Communicate and explain business implications observed from analysis, monitoring recent business trends to ensure forecast accuracy and clarity of calculations.
- Highlight risk and opportunities and provide risk mitigation plans as well as ways to capture the opportunities.
- Revenue Analytics includes in-depth revenue and volume analysis
- Incentive and Contracts
- Expense management
- Support deal process within GCC Sub Region, Financial institutions; co-brand; Fintech; CMS
- Management of VIK program across GCC and be the finance SME for VIK
- Produce materials for executive management review and approval with best clarity, accuracy, and timeliness of analysis (MBR’s, QBR’s, business cases, etc.).
- Simplify complex issues and structure analysis to answer business questions and communicate business implications from financial analysis at all levels.
- Directly engage with various functions heads across the company to develop domain expertise.
- Design new processes and procedures and constantly enhance existing ones through innovation and simplification in alignment with business and international governance / compliance requirements while achieving strategic business and financial outcomes.
- Ensure data integrity and consistency of information as well as organized documentation of results and data sources used.
- Foster Diverse and Inclusive workplace and strong organizational culture
- Execute flawless performance management system for direct reports and support FLT on talent assessment and succession planning.
- Support employees’ development, well-being, and work-life balance.
- Solve unique and complex business issues by always being on top and understanding the impact of changes in the political, macro economical, regulatory and competitive landscape
- Ability to develop targets that are smart and challenging and provide enough assurance on how to deliver on
- People management and ability to influence cross functionally and higher management
- Operate with limited guidance in a complex environment and as much as possible independent
- Ability to create and maintain a high standard of financial discipline, business decision support, and accountability within the region.
- Ability to manage and prioritize work-load within the team
- Excellent communication skills, verbal and written
- Be a trusted and strategic advisor to Functional Heads, driving operations and delivery of scorecards.
- Provide guidance to all business partners on matters of AOP, Budgets, tracking, reporting and analytics.
- Engage team members in Finance to develop analytics and deliver information in a format that adds value to the business.
- Mastery in Finance, financial reporting & analysis, revenue, forecasting, financial modelling
- Electronic Payments industry experience, knowledge of Visa business and revenue streams is preferred
- At least 15 years of work experience
- Project Management skills
- Ability to influence peers and other teams to drive outcome
- Postgraduate degree from a top-tier school, preferably Finance and Accounting, MBA preferred
- User knowledge of TM1 and Hyperion desired
- Practical knowledge of US GAAP and IFRS
- Outstanding analytical and quantitative skills, can-do attitude to resolve tough business problems with well-structured analyses
- Excellent communication and interpersonal skills and ability to clearly communicate results with senior level executives and able to influence decision making
- Able to work cross functionally, geographically and with virtual teams while promoting a culture of openness, trust and flexibility
- Must be proactive, high-energy, motivated team player capable of delivering on multiple initiatives on tight timelines
- Proactive and enjoy a fast-paced and dynamic environment
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