Sr. Financial Analyst

Team Summary

The Senior Financial Analyst is a key member in the CEMEA COE Controllership team. The role is responsible for working closely with the CEMEA controllership team in ensuring that business processes initiated across CEMEA are operated in an effective and compliant manner and are in adherence to established policies and procedures. The role works collaboratively with CEMEA Market Controllers, Business Units, and other business functions (especially Compliance, Legal, Sourcing, and Contracts Management) to implement and maintain a robust controls framework.

This role reports to the GCC/NALP Controller and will functionally collaborate closely with COE, CEMEA Controllers, and CEMEA market controllers to maintain activities and processes that allow the business units to run effectively and efficiently.

What a Senior Financial Analyst does at Visa:

• Work closely with CEMEA Controllership team to migrate processes to the COE in Bengaluru, develop and maintain Standard Operating Procedures, and train and supervise the team to ensure employees understand the standardized processes.

• Implementing a continuous improving controls and process framework that complies with Visa policy and procedures.

• Enhance the effectiveness and efficiency of operations through excellence and improvements in processes, systems, and tools, including automation.

• Support and collaborate with the Market Controllers to ensure smooth operations and fast delivery to the Business.

• Provide consultative support to the Business Units and seen as a go to subject matter expert to assist with their respective business opportunities to achieve a positive outcome and ensuring compliance to policies and procedures.

• Develop remediation plans to address identified issues impacting the controls and processes environment.

• Partner with Compliance, Legal and Sourcing to implement and adhere to business procedures and controls.

• Ensure consistency in CEMEA wide approach to delivering guidelines to business in accordance with policies and procedures, and reviewing proposed policy exceptions.

• Assist Business Units to fulfill Supplier transactions such as raising Purchase Requisition, reviewing supporting documents submitted by Business Units and perform Receiving for Business Units for monthly accruals and expensing and Purchase Order closures.

• Review and approve Value-in-Kind requests, contracts and associated purchase requisitions and escalate non-compliance issues to Financial Internal Controls team.

• Assist Business Units in reviewing contracts to ensure the business intent and commercial terms are clearly stated.

• Review and provide directive on complex and high-risk transactions, upon consultation with control functions and/or global policy owners.

• Ensure proper account coding, especially in terms of Contra Revenue-versus-Operating expense account classification.

• Ensure Pipeline (Project registration) report is updated so that each stage or tranche of every transaction is monitored and executed perfectly without violation to Visa s policies and procedures.

• Review progress and closure reports to ensure transactions are properly closed and post campaign evaluation completed satisfactorily, with Visa s obligations fully discharged and Business Partners obligations fully delivered.

• Review and opine on business transactions requiring policy exception collaborating with the respective stakeholders and policy owners.

• Perform root cause analysis and drive corrective action of exceptions identified by key controls stakeholders.

• Develop metrics reporting and analytics of implemented processes that measure risk and support continuous business improvement activities.

• Develop and maintain procedures and standard processes to assess, report, and remediate operational risk and compliance-related issues.

• Support and administer compliance-related training initiatives and programs.

• Prioritize tasks within job function balancing the need to meet tight deadlines.

• Support and coordinate statutory and global audit processes for operations.

People partnership:

• Work extensively in a team environment within CEMEA, the COE and cross-functional team leads and staff, as well as Compliance, Legal, Sourcing and Contracts Management teams.

• Building and maintaining relationships with internal and external stakeholders

• Support business units conduct of business transactions to ensure compliance with applicable accounting standards, laws, policies, and procedures.

• Deliver strong customer service and support, demonstrate initiative in providing resolution and initiate changes to enhance internal control and efficiency to remediate.

Project leading:

• Lead regional projects and streamlining initiatives, Drive best-in-class practices.

• Work closely with the COE leads and global regional leads to drive a consistent and common approach.

• Recommend, implement, and maintain process improvements using robust continuous improvement principles such as Lean and Six Sigma

• Initiate and implement process changes to improve controls, work productivity or quality of work output.

• Recommends policy modifications and process changes to reduce financial and other related risks.

Why this is important to Visa.

The Senior Financial Analyst is to provide strong leadership to the CEMEA COE team and to ensure that the department runs smoothly. To succeed, you should be focused on being a change agent, optimizing department processes and building lasting relationships with others within and outside of the business. You should be knowledgeable, analytical, and decisive with excellent leadership and communication skills.

Provide regional expertise support, demonstrating a transformation mindset and effectively drive changes in modelling, processes, and people. Constantly challenge status quo and be a change agent with the objective of driving for efficiencies but not compromising on controls. This role will reports to the GCC/NALP Controller and will be functionally working with the COE team in Bengaluru. The role will be open in Bengaluru, India.

Professional
Finance qualification is preferred.
Prior work experience in business operations, compliance, audit, or risk with focus on operational control.
8-12 years of business experience including supporting senior leadership.