Finance Manager - FP&A
- Mumbai, Maharashtra, India
As the world's leader in digital payments technology, Visa's mission is to connect the world through the most creative, reliable and secure payment network - enabling individuals, businesses, and economies to thrive. Our advanced global processing network, VisaNet, provides secure and reliable payments around the world, and is capable of handling more than 65,000 transaction messages a second. The company's dedication to innovation drives the rapid growth of connected commerce on any device, and fuels the dream of a cashless future for everyone, everywhere. As the world moves from analog to digital, Visa is applying our brand, products, people, network and scale to reshape the future of commerce.
At Visa, your individuality fits right in. Working here gives you an opportunity to impact the world, invest in your career growth, and be part of an inclusive and diverse workplace. We are a global team of disruptors, trailblazers, innovators and risk-takers who are helping drive economic growth in even the most remote parts of the world, creatively moving the industry forward, and doing meaningful work that brings financial literacy and digital commerce to millions of unbanked and underserved consumers.
You're an Individual. We're the team for you. Together, let's transform the way the world pays.
The Visa India & South Asia Financial Planning & Analysis team provides finance support across a variety of business functions. We are an agile, highly visible team that collaborates across functions and plays a key role in providing financial planning, reporting and decision support analytics to business leaders.
What a Financial Manager does at Visa:
Visa seeks a dynamic finance professional for our FP&A team, INSA based in Mumbai, India. This position will be a key financial analyst to our rapidly growing business in INSA and will be required to develop effective working relationships throughout Visa, including Executive Management, Cross-Functional and Regional teams (Business, Finance, Treasury, Legal, HR and Commercial teams).
The role will be reporting to Senior Director, Head of Finance – INSA, based in Mumbai, India.
Provide support to the business in the delivery of financial targets
Ensure the Country Management functional leaders are regularly updated on financial performance; provide insight into key variances and business trends and identify risk and opportunities (plus mitigating actions) to ensure delivery of the short-term financial targets and long-term strategic targets
Support the month-end, quarter-end and year-end reporting requirements in accordance with deadlines
Review results against budget, forecast and prior periods and prepare monthly commentary and variance analysis
Support the business planning, budgeting and forecasting processes and management reviews within the region for Revenues, Client Incentives (business case build up and contract approval) and Operating Expenses
Coordinate inputs from the various functions for both Revenues and costs, analyse the forecast / budget outputs to support the review and challenge process
Track the financial performance of incentive deals (expensing/payments/closure), new business ventures, and strategic plan implementation
Partner with Global and Regional finance teams to understand variances, business drivers and influence forecasting assumptions
Support country managers and sales cost centre managers in understanding expenditure, accruals and prepayments and improving the timing and accuracy of forecasts
Provide financial analysis and advice for new business propositions including client incentive deals, marketing campaigns, product and acceptance initiatives, capital investment and other projects.
Maintain an in-depth understanding of pricing dynamics in the geography, including competitive pricing and positioning
Provide financial analysis support for pricing proposals in the country
Establish and maintain relationships with the functional leads across the region
While financial analysis will clearly be an important element of the role, the emphasis is on applying overall analytical skills and experience to become a highly valued business partner
Why this is important to Visa
This highly visible and influential role will work very closely with Business Heads and directly influence both near-term and long-term strategic decisions through effective reporting and insightful analytics
What you will need:
CA/MBA or equivalent degree in Finance
8-10 years of business experience in FP&A with focus on undertaking detailed financial analysis, automating / systematizing reports
Strong financial and risk analysis experience
Strong experience in financial services or payments industry
Strong ethics, integrity and accountability with ability to maintain independence, autonomy and confidentiality
Able to prioritize multiple responsibilities and activities and pivot quickly when necessary
Willing to engage in a broad range of activities necessary to support the cross-functional teams
Able to maintain effectiveness in an environment with uncertainties
Operates at an expert financial analyst and can learn and navigate technical/new concepts independently
Go-getter; proactive and a team player
Enjoys collaborating with others; constantly seeking to identify win/win solutions and align goals with Visa’s strategic objectives
Strong finance and accounting knowledge
Strong working knowledge in Microsoft Excel, Hyperion, TM1
Strong business partnering skills, excellent judgement and decision-making ability in a collaborative style
Strong problem solving skills, with demonstrated ability to identify and resolve issues and risks, including root cause analysis
Strong communication skills: oral, written and presentation skills, interpersonal, and influencing skills to drive effective change at all levels of the organization
Ability to anticipate and identify opportunities to establish areas of growth, as well as develop and recommend solutions
Ability to work effectively in a matrix management structure that is diverse, international with a multi-cultural environment