Director, Payables Global Process Owner

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

The Director, Payables Global Process Owner has the responsibility of managing the global Accounts Payable function within Visa.  The Payables function is broken down into five regional centers, each with a regional Payables Lead.  Each regional lead will report directly into the Director, Payables Global Process Owner.  While the Director role is not responsible for key operational payables tasks, the role will work directly with each regional lead to enforce controls, drive efficiency, embed a culture of continuous process improvement, and drive productivity metrics. 

This role has extensive interaction with various groups across Finance, including Global Accounting teams, FP&A, Treasury, and multiple business units.  The Director role will be responsible for the overall health and effectiveness of the global Payables function, including enforcing a strong control environment.  The role will also drive key initiatives across the global landscape, focusing on automation, paid on time metrics, and streamlining processes in key Finance systems.

The role requires the ability to work in a complex and diverse, international, and multi-currency environment. 

Key tasks include: 

• Oversight of global Accounts Payable function, focusing key operational metrics including invoice automation, paid on time, PO utilization, and eliminating processing errors
• Manage regional Payables leads located in multiple geographies across the globe
• Oversight of a centralized payables Center of Excellence, focusing on turnaround time and efficiency
• Partner and coordinate with global peers and finance leaders to constantly enhance and improve our key processes, systems, and tools.  System and process enhancement is critical to drive the efficiency needed to manage rapidly expanding business activity
• Extensive knowledge of key systems including Ariba and Oracle, and advanced knowledge of key tools used in payables process to support process efficiency
• Preparation and analysis of global operating metrics, utilizing data to create process efficiencies, identify bottlenecks, and initiate process improvements
• Focus on business line or supplier escalations, identifying root cause and implementing solutions
• Act as primary liaison for internal audit and SOX testing and validation
• Instill a culture of continuous improvement in a methodical, pragmatic and expeditious manner including: automation of manual processes and controls and standardization of accounting/business processes.  Use Lean/Six Sigma methodologies to improve Controllership activities
• Drive team performance to “Best in Class” standards by improving employee commitment and identifying single point of accountability
• Develop effective succession planning, strategic resources, and focus on employee career growth

Qualifications

Basic Qualifications

• 10 or more years of work experience with a Bachelor’s Degree or at least 8 years of work experience with an Advanced Degree (e.g. Masters/ MBA/JD/MD) or at least 3 years of work experience with a PhD

Preferred qualifications

• 12 or more years of work experience with a Bachelor’s Degree or at least 8-10 years of work experience with an Advanced Degree (e.g. Masters/ MBA/JD/MD) or at least 6 years of work experience with a PhD
• Experience managing Payables organizations
• Experience of managing a finance team in a commercial multi-national environment
• Experience governing complex payables issues including for foreign currency transactions 
• Ability to develop and leverage deep professional relationships with key leadership, in Finance and the business, across a wide international geography
• Sound experience with managing internal and external audits
• Ability to work well under pressure, across different functional groups and manage multiple projects simultaneously.
• Ability to think strategically and support business