Senior Finance Director, CEE

Company Description

Visa is a world leader in payments and technology, with over 259 billion payments transactions flowing safely between consumers, merchants, financial institutions, and government entities in 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 while driven by a common purpose – to uplift everyone, everywhere by being the best way to pay and be paid.

Make an impact with a purpose-driven industry leader. Join us today and experience Life at Visa.

Job Description

Working in a matrixed organization, reporting directly to both the Regional Managing Director (Central Eastern Europe (Poland; Romania, Croatia, Slovenia, Bulgaria; Czech Republic, Slovakia, Hungary) and VP FPA Europe & Europe Markets, this role is responsible for creating and maintaining a high standard of financial discipline, business decision support, and accountability within the CEE Cluster. The role will oversee all financial aspects of the business from Financial Planning and Analysis to Deals, Controllership, Sourcing and Revenue Audit. The role is also expected to constantly enhance and refine processes and procedures, as well as challenge business owners to continuously drive efficiency, cost savings and deliver best go to market strategy. In this role, the Senior Director, is required to continuously balance risk mitigation with operational efficiency and effectiveness, supporting strategy formulation and rigorous execution.

This person will lead a team responsible for the end-to-end process to:

• Partner with the RMD CEE and provide strong financial thought leadership as it relates to growth strategies, current performance, business case analysis of client incentive deals; sales, marketing and product initiatives; as well as pricing and interchange proposals

• Deliver short-term to multi-year plans and commitments, financial budgets and forecasts for revenues, expenses, and headcount

• Deliver financial management analytics and communicate business implications and insights from analysis

She or He will develop a culture where optimizing performance is everybody’s responsibility, linking objectives to incentives and maximizing growth opportunities to deliver our strategic and financial goals.

Key Accountabilities:

• Commercial Finance Partnering

• Business partner with the CEE Reg. Managing Director to ensure that the go to market strategy is supported by an excellent financial business plan that can endure challenging financial and economic circumstances and able to pivot to address critical priorities

• Provide strategic partnership, financial insight, direction, oversight and control over client performance and new deals

• Drive uptake of Value Added Services (VAS) and Commercial Money Solutions (CMS) through informed analytics of client performance and business partnering with business units

• Oversee and suggest the optimal resources allocations (people and funds) to deliver on financial targets while balancing short term results with long term strategies

• Finance Planning & Analysis

• Lead the business planning, budgeting and forecasting processes for Revenues, Client Incentives and Operating Expenses. Coordinate inputs from the various functions for both revenues and costs, plus lead the review and challenge process

• Own and orchestrate with business and corporate functions the  Multi-year Strategic plan

• Ensure that the Regional Managing Director and their team 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 on targets

• Internal Control & Support

• With the support of Europe Controllership team, safeguard the accuracy in financial accounting and reporting, Accounts Payable, Accounts Receivable and other finance operations, while ensuring SOX compliance

• Assert financial controls to mitigate corporate risk, drive financial stewardship and create appropriate approvals for expenditure

• Oversee smooth flow of business operations and transactions as per Visa processes and procedures

• Sourcing

• With the support of the regional Procurement team, ensure that all tactical and strategic sourcing activities are conducted as per Visa’s standards leading to Operational efficiency, as measured through red