Visa Hiring for Finance Director, Fintechs, VAS & Ventures Job at Dubai Full Time

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.

The role of Finance Director is to lead across three key areas of financial planning, analysis and reporting in the CEMEA region:

Be a recognized Subject Matter Expert, Finance partner and deals reviewer for Strategic Partnership Agreements across CEMEA markets Drive in-depth analysis and optimization of VAS products management and delivery practices in the Core and VIK lines of business Lead the financial analysis and evaluation of public and private company acquisitions, joint ventures, minority investments, and other strategic initiatives

The role is reporting to CEMEA Sr. Director, Product Finance, and working closely with Solutions and Strategy teams in the 86+ markets of CEMEA. Product is the global function responsible to deliver Visa’s products and solutions portfolio (Core Products, Strategic Partnerships, Processing, Innovation and Digital).

The Finance Director is expected to create and maintain the following: high engagement with stakeholders, adequate tools for business decision support, and reliable financial reports and analyses. This role is also responsible for supporting the development and delivery of the Budget, Forecasts and Market Strategy Overview for the Product Function. The successful candidate will benefit from payments industry familiarity, proven strategic thinking, a solid background in financial and general business analysis, and demonstrated experience collaborating with various functions and presenting to senior management.

Key Responsibilities

WHAT FACTORS

• Manage the following Finance responsibilities for each Fintech / non-traditional deal from deal inception to contract signing, including:

  • Reviewing the deal modelling, ensuring they fit Visa and Client expectations, are aligned with the budget and meet all procedural criteria

  • Co-leading fintech approval and execution pipelines with Digital Partnerships team, and providing incentive forecasts to CIO/Finance teams

  • Conducting complex financial analysis / forecasting aimed at ensuring deals are commercially viable and focused on driving revenue growth

  • Advising on financial deal structures which are compelling to clients while safeguarding Visa’s investment and driving growth objectives

  • Communication of financial risks to management decision makers, and ensuring compliance with Visa’s governance

  • Drives recurring monthly value-added analysis: Fintech’s VIK tracking, Fintech deals pipeline, and developing an annual Fintech’s P&L

  • Ensuring approved financial terms are accurately reflected in final contracts

  • Challenges assumptions (client’s current portfolios, projected growth, and clarification of client asks) to drive best-possible deal constructs

• Drive analysis of Products VAS across CEMEA, including:

  • Evaluating performance and growth potential of existing and new products, and enablement strategy to support increase of VAS sales

  • Helping to identify and bridge gaps in cross-portfolio VAS enablement across the Product organization, and tapping into VIK funding

  • Working with product teams to assess validity of new VAS sales opportunities

• Lead aspects of equity investment transactions including:

  • Valuation, due diligence, strategic analysis, financial analysis, and modeling / deal structuring

  • Coordinating cross-functionally with internal stakeholders to evaluate opportunities

  • Developing financials for the Ventures and M&A Committee that outlines key assumptions, business drives and Visa’s valuation view

  • Establishes and maintains relationships with a broad base of key stakeholders, and serves as a key point of contact for her/his areas of responsibility

  • Acquires and maintains an understanding of the strategies, priorities and issues of the teams supported

  • Proactively communicates business implications observed from analysis and contributes ideas and solutions to business challenges / problems

  • Proactively identifies and leads opportunities for process improvements and simplification

  • Leads ad-hoc analysis and contributes to functional projects as needed to support business needs

HOW FACTORS

• Follows through on commitments, and continuously learns about current events and developments that affect Visa and its stakeholders
• Adjusts communication style, content, and channel to effectively connect with various stakeholders
• Engages regularly with functional partners, and employs proactive approach of handling business issues
• Responds quickly and effectively to changing demands, with attention to detail and without losing focus of the big picture
• Help others to overcome obstacles, within capacity
• Collaborative, diplomatic, and flexible with stakeholders, to facilitate exchanging ideas and driving quicker decisions

Critical Success Factors in the Role

• Strong individual leadership and contribution:

  • Ensures accurate, insightful, and timely completion for key processes

  • Partners effectively with stakeholders (functional leads & other FBPs) and identifies/resolves issues and ensures non-recurrence

  • Works effectively with diverse teams with strong communication, prioritizes successfully, and navigates ambiguity with minimal supervision

• Deep business knowledge:

  • Establishes networks and leverages resources to complete various workstreams, adhering to any established RACIs

  • Recognizes external/internal clients, looks to understand their needs, and communicates effectively

Understands how Visa and various clients make money, the role of different functions, and the clients for the teams s/he is supporting

• Resourceful technical competence:

  • Understands and applies Finance Policies, Procedures and Processes, proactively seeks to understand business rationale

  • Achieves high proficiency in using Visa systems and Microsoft Office for routine work, esp. advanced modelling techniques in MS Excel

  • Applies relevant finance or business concepts in completing work product, and maintains accurate records to document assumptions

  • Ensures timeliness of work (e.g., reports and analyses) & its accuracy to source data – e.g., Visa systems

Decision Making

• Reviews business planning assumptions and challenges internal teams on their submitted numbers, to continuously improve forecast accuracy
• Prioritizes tasks between Finance and Function with focus on business execution, while balancing the need to meet tight deadlines
• Identifies and suggests process changes to improve forecasting techniques, own productivity, or quality of work output, and eliminate recurring issues
• Exercises good judgment to escalate issues to CEMEA Sr. Director and Finance Leadership members, along with recommended solution to resolve
• Liaises and responds to queries from key stakeholders, whether functional leads, finance, or other teams, and offers recommendations
• Works independently, yet knows when to seek guidance/alignment on new or complex situations

Reporting Relationships and Interactions

• Role is based in the CEMEA Hub, Dubai office, reporting to CEMEA Sr. Director, Product Finance, based in the same office
• Main stakeholders are key Digital Partnerships team, Finance teams, Product teams, and Strategy team, all based across CEMEA Region
• This individual is expected to interact effectively with various levels of Visa management and their regional staff
• Strong interpersonal skills will be required to address on-going needs of a complex, matrix reporting structure
• Multicultural sensitivity and interpersonal relationship management skills are essential, including ability to work effectively in a cross-functional team

This is a hybrid position. Hybrid employees can alternate time between both remote and office. Employees in hybrid roles are expected to work from the office 2-3 set days a week (determined by leadership/site), with a general guidepost of being in the office 50% or more of the time based on business needs.

• 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). Degree in finance, engineering, accounting, mathematics, economics, or related quantitative field
• 7+ years of relevant work experience in FP&A, corporate finance, investment banking or management consulting, preferably in a multinational company and with progressively increasing responsibilities
• Experience in payment industry or ventures valuation is a strong advantage
• Professional accounting qualification, ACA, ACCA, CMA, CIMA, CPA, or equivalent is preferred but not required
• Exposure to financial services, retail banking, cards business or electronic payments is preferred
• Excellent written/verbal communication of results with stakeholders, and thrives in a fast-paced, ever-changing, and high-volume environment
• Exposure to P&L forecasting or performance management

Technical

• Superior analytical and problem-solving skills with superb attention to detail
• Advanced level of Excel and PowerPoint required
• Strong understanding of accounting standards, and experienced in researching and challenging technical matters
• Experience with a complex financial system (e.g., Hyperion, TM1, etc.) is preferred
• Ability to quickly learn and master new tools

Business:

• Highly motivated finance leader who easily builds effective relationships with senior executives and staff both inside and outside Finance organization
• Strong interpersonal and leadership skills to influence and build credibility as a peer with business leaders in the function supported
• Team oriented, collaborative, diplomatic, and flexible, with excellent presentation skills, including strong oral and writing capabilities
• Well-developed strategic, analytical, interpersonal, organizational, and communication skills
• Previous management support experience preferred

Additional Information

Visa is an EEO Employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability or protected veteran status. Visa will also consider for employment qualified applicants with criminal histories in a manner consistent with EEOC guidelines and applicable local law.