Sr. Financial Analyst

Position: Senior Finance Analyst

The Senior Finance Analyst is a key member in the Controllership Operations GFSS team. The role is responsible for working closely with the regional controllership team in ensuring that business processes initiated across regions are operated in an effective and compliant manner and are in adherence to established policies and procedures. The role works collaboratively with Country Controllers, Business Units, and other control Business Units (especially Compliance, Legal, Sourcing, and Contracts Management) to implement and maintain a robust controls framework including remediation actions required.

This role reports to the Controllership Operations GFSS lead and will collaborate closely with regional Controllership Operations teams and Country Controllers to maintain activities and processes that allow the business units to run effectively and efficiently.

• Help manage the Controllership Operations processes, and train and supervise the team to ensure employees understand the standardized processes.
• Enhance the effectiveness and efficiency of operations through excellence and improvements in processes, systems, and tools, including automation. Create and manage reporting matrix to senior management for delivery and quality.
• Implement a continuously improving controls and process framework that complies with Visa policy and procedures.
• Supporting and collaborating with the Country 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 to ensure robust controls are in place.
• Ensure consistency in delivering guidelines to executing business in accordance with policies and procedures, and reviewing proposed policy exceptions, including but not limited to the following:
  • 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.
  • Assist Business Units in reviewing contracts to ensure the business intent and commercial terms are clearly stated.
  • Facilitate prepayment approval requests, prevent unnecessary upfront payments to suppliers and track approved prepayments.
  • 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 Visas policies and procedures.
  • Review progress and closure reports to ensure transactions are properly closed and post-campaign evaluation completed satisfactorily, with Visas obligations fully discharged and Business Partners obligations fully delivered.
  • Develop metrics reporting and analytics of implemented processes that measure risk and support continuous business improvement activities.
  • Support and administer compliance-related training initiatives and programs.
  • Deliver and lead the team to meet group scorecard, KPI and goals.

• Support to transition controllership operations activities across regions to shared services center.
• Lead regional projects and streamlining initiatives. Drive best-in-class practices.
• 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.

The Senior Finance Analyst is to provide strong leadership to the Controllership Operations department 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 and manage teams across countries. Demonstrate a transformation mindset and effectively drive changes in modelling, processes, and people. Constantly challenge the status quo and be a change agent with the objective of driving for efficiencies but not compromising on controls.

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

Job Location: Bangalore, INDIA