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.
Want more jobs like this?
Get Accounting and Finance jobs in Dubai, United Arab Emirates delivered to your inbox every week.
By signing up, you agree to our Terms of Service & Privacy Policy.
Join Visa: A Network Working for Everyone.
Job Description
Working in a matrixed organization, reporting to Incentives Director – CEMEA, and working closely with Finance and Business Development teams, Senior Financial Analyst supports incentive deals approval process, helps to facilitate Geographic Incentive Group Committee and manages end-to-end Incentive forecast process for designated sub regions. 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 sub regions. S/he will work closely with the Director – CEMEA and Finance Business Partners to ensure incentives contracts approval process due diligence and efficiency and incentives placing accuracy.
Principle Responsibilities/Key Results Area
Incentive Deals
- Facilitate deals review process and providing feedback where appropriate to optimize risk-adjusted returns. Provide recommendation to senior leadership on their financial viability and execution risks
- Maintain detailed deals pipeline and track for all deals in the covered markets, collaborating with other internal stakeholders (Legal, Client Contract Management, Controlling, etc) to ensure that the CEMEA client incentive contracts are executed in an efficient manner, properly accounted and meet internal governance and compliance requirements
- Lead consistent improvements of Incentive related processes and procedures.
- Maintain CEMEA Issuing deal mode
- Work closely with the team responsible for Incentives accounting to understand and to forecast the PL impact of the executed deals
- On an ad hoc basis being ready to support CEMEA sub regions with deal modelling.
Reporting and Planning
- Prepare regular management reports with key focus in area of clients and profitability matters
- Manage ad hoc/monthly/quarterly/yearly analysis to be used by other teams and CEMEA CFO
- Contribute to Planning, Budgeting and Forecasting activities within the scope in line with regional and global requirements
- Lead GARP adoption for Incentives analysis
- Leverage ORMB data to enhance incentives reporting
- Lead Gross Revenue Reductions reporting
Teamwork
- Actively contribute to the effectiveness of the team by supporting and co-operating with colleagues and providing cover during period of absence.
- The flexibility to liaise with various functions both within Visa and externally to deliver ad hoc projects
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.
Qualifications
- Bachelor’s degree in finance, engineering, accounting, mathematics, economics, or related quantitative field
- At least 5-7 years post qualification experience in finance
- Proven expertise in long term contracts, applying financial analysis and modelling in challenging and complex situations
- Knowledge of cards business and revenues streams would be advantageous
- Experience with legal contracts in payments industry would be advantageous
- High proficiency with Microsoft Office (Excel, PowerPoint)
- Knowledge of Power BI would be advantageous
- Fluent business english, written and spoken
- Local languages would be advantageous
- Ability to work effectively with a diverse team and produce time sensitive deliverables
- Excellent stakeholder management skills
- Excellent business acumen
- Excellent communication and interpersonal skills
- Outstanding analytical and quantitative skills, able to resolve tough business problems with well-structured analyses
- Experience in leading process improvement projects would be advantageous
- Strong problem solving skills and logical, analytical mind-set
- Ability to work effectively with a diverse team and produce time sensitive deliverables
- Must be proactive, can-do attitude
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.