Visa

Company Description

Visa is a world leader in payments and technology, with over 259 billion payments transactions flowing safely between consumers, merchants, financial institutions, and government entities in 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 while driven by a common purpose – to uplift everyone, everywhere by being the best way to pay and be paid.

Make an impact with a purpose-driven industry leader. Join us today and experience Life at Visa.

Job Description

The Sr. Manager, Center of Excellence (COE) has the responsibility of managing the Accounts Payable operation function in Bangalore that supports the Global region and will oversee the COE payables operations team.

In managing the Global payables operations, the candidate will have complete oversight into key payables tasks aligned in the Global region, including managing a payables team responsible for invoice processing, adhering to Visa’s payment schedules, coordination with Treasury to properly fund disbursements, supporting Visa’s telecom invoice program, recording employee reimbursements, metric tracking, and issue resolution. The Senior Manager COE role will play a key role in expanding the function to incorporate payable functions from regions across the globe. The Sr. Manager COE will enforce controls, drive efficiency, embed a culture of continuous process improvement, and drive productivity metrics.

The Sr. Manager role will report to the Director of Center of Excellence in India. It will have extensive interaction with various groups across Finance, including Global Accounting teams, FP&A, Treasury, and multiple business units. The Sr. Manager 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:

• Directly manage the team responsible for the Global Accounts Payable function based in Bangalore, focusing key operational metrics including invoice automation, paid on time, PO utilization, and eliminating processing errors
• Manage the COE Payables operations team responsible for global operational payables tasks, focusing on turnaround time, key metrics, and process efficiency
• Support global initiatives presented by the Global Payables process owner to drive efficiency and streamline processes
• Partner and coordinate with global peers 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 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 Globally.
• 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

This is a hybrid position. Expectation of days in office will be confirmed by your hiring manager.

Qualifications

Basic Qualifications

• 12 or more years of relevant work experience with a Bachelor Degree or at least 10 years of experience with an Advanced Degree (e.g. Masters, MBA, JD, MD)

Preferred Qualifications

• 12 or more years of relevant work experience with a Bachelor Degree or 10 or more relevant years of experience with an Advanced Degree (e.g. Masters, MBA, JD, MD)
• 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 objectives while effectively balancing risk/reward trade-offs
• Knowledge of Microsoft office applications, Oracle Financials, and SAP product suite of Ariba and Concur
• Knowledge of the payment industry
• Self-directed and motivated
• Strong prioritization skills and ability to manage issues to resolution
• Working knowledge of Lean Six Sigma principles and tools
• Proven leadership skills, with the ability to instigate and support change.
• Able to communicate and build cross-functional relationships, work with all levels of personnel and interact with senior and executive management
• Customer focused, driven and can lead by example

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.