Head of Finance – UK & Ireland Job at Visa – in Head of Finance – UK & Ireland
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.
Working in a matrixed organization, reporting directly to both the Regional Managing Director (RMD), UK&I and the CFO Europe Markets, this role is responsible for creating and maintaining a high standard of financial discipline, business decision support, and accountability within the geography. The role will oversee all financial aspects of the business from Financial Planning and Analysis to Controllership, Sourcing, Revenue Audit and Facilities management. 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 best go to market strategy. In this role, the Executive 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 UK&I 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 proposal
Deliver short-term to multi-year plans and commitments, financial budgets and forecasts for expenses, headcount, P&L.
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.
Finance Planning & Analysis
Oversee and suggest the optimal resources allocations (people and funds) to deliver on financial targets while balancing short term results with long term strategies
Ensure that the Managing Director and her 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
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 Annual Operating Plan as well as the long term strategic plan
Business partner with the UK & I 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 people leadership for the UK&I Finance team by promoting Visa Leadership principles and continuously improve the team’s engagement and leadership index
Internal Control & Support
With the support of Europe Controllership team, safeguard the accuracy in financial accounting and reporting, Accounts Payable; receiving and other finance operations, while ensuring SOX compliance
Oversee Accounts Payable, receiving and other finance operations, while maintaining 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
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 reduced cost and greater speed of transaction execution
Continuously driving for savings, by facilitating and executing upon Visa’s purchasing strategy as set by Procurement
Work closely the regional Revenue Audit team to ensure that clients reported Operating Certificates are accurate and reflect the business performance
Ensure that Visa’s revenue from clients (Issuers and Acquirers) are timely and correctly reported and collected
Continuously work on new ways to minimize and eliminate revenue loss due to weak or inaccurate reporting at the client end
Responsible for continually proposing ideas to improve local, regional and even global processes, tools and frameworks, driving improved finance operations, including:
Collaborating with various stakeholders such as IT, Business and Control functions to implement and maintain streamlined and simplified tools and processes with defined service level agreements (SLAs)
Serving as the business owner responsible for driving the financial systems implementation and enhancements in the geography
A proven, authentic leader who is able to demonstrate strong thought leadership within the Finance function for the Leadership Team within the UKI team
Excellent interpersonal and leadership skills with the ability to successfully promote and facilitate collaboration across different teams whilst interfacing with people at all levels in the organization
High degree of compassion, able to engage, coach and inspire others to perform at their best
Ability to foster an inclusive environment, enabling the business to reach its ambitious goals
- Qualified Accountant (ACA, ACCA, CIMA, CPA or equivalent local qualifications)
- Extensive finance experience in a multinational organization
- Proven ability to work under pressure and to meet deadlines
- Self-motivated and positive attitude
- Proven commercial business acumen
- Strong PC and high proficiency with Microsoft Office Suite products (Excel, Word & PowerPoint)
- Strong negotiation and influencing skills
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.
About the Company
Company: Visa –
Company Location: Head of Finance – UK & Ireland