Senior Financial Analyst

About us

Visa is a world leader in payments technology, facilitating transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories, dedicated to uplifting everyone, everywhere by being the best way to pay and be paid.

At Visa, you'll have the opportunity to create impact at scale - tackling meaningful challenges, growing your skills and seeing your contributions impact lives around the world.

Join Visa and do work that matters - to you, to your community, and to the world. Progress starts with you.

Job description

Purpose

The Senior Financial Analyst collaborates closely with the Finance and Client Facing organization, providing financial business support. This role involves overseeing financial planning, financial analysis, and reporting, managing financial risks, and financial modelling and reviewing of client deals and business cases. The role will support the delivery of the budget, forecast and multi-year growth plans driving efficiencies, and to support client deal structuring and approval process. The Senior Finance Analyst will report to the KBO Head of Finance, to support in the Kingdom of Saudi Arabia, Bahrain, and Oman (KBO) overall business priorities.

Principal responsibilities/key results area:

Financial management:

Production of key business drivers (e.g. volumes, transactions, etc.) to be used in strategic planning, annual budgeting and quarterly forecasting

Volume trend and product mix analysis (International vs. Domestic)

Proactive identification of development areas in designated markets; financial support of market development strategy

Support in pricing and interchange related discussion concerning the covered markets, to include the impacts of both pricing and interchanges on client profitability

Management of ad hoc, monthly, quarterly and yearly analysis of market and client trends to be used by all supported departments and the GCM's

Provide support in the areas of revenue management and investment decision

Participate in continuous improvement activities to meet or exceed internal customers' expectations

Incentives and contracts:

Responsible for deal modelling for clients in the covered markets and ensure it meets business needs and internal governance and compliance requirements (includes preparing the deal approval documents)

Review incentive deal proposals with geo/functional teams and provide feedback where appropriate to optimize risk-adjusted returns

Provide recommendation to senior leadership team on their financial viability and execution risks

Detailed deal tracking for all executed deals in the covered markets, providing management with real time analysis on deals performance

Provides financial analysis for forecasting contra-revenues

Review and provide challenge to sales teams to obtain realistic projections for existing deals and new deals

Deal reforecasting on a monthly and quarterly basis and budget process

Collaborate with other internal stakeholders (Legal, Client Contract Management, Controlling, etc) to ensure that the GCC client incentive contracts are executed in an efficient manner, properly accounted and meets internal governance and compliance requirements

Expense management:

Proactive management of cross-functional and geography expense planning

Financial leadership in forecast and budget process for the markets; tracking and monthly performance, understanding of variances

Advisory and guidance to cost center managers so they are informed of their approved budgets and forecasts and their commitment to budget/forecast on a continuous basis

Participation in continuous improvement activities to exceed customer expectations and promote a professional finance organization

Implement strategies to prevent and resolve bad debts

Compliance and governance:

Ensure deals and approval-to-spend requests are captured, recorded, summarized, and reported in compliance with policies and procedures

Ensure data integrity and consistency of information as well as organized documentation of all financial assumptions, results and data sources used

Provide guidance to business partners on their approved budgets and forecasts, and their commitment to budget/forecast on a continuous basis

Visa requires at least 3 days in office, expectations of these days will be confirmed by your Hiring Manager.

Qualifications

Required experience:

Professional:

Bachelor's degree in finance, engineering, accounting, mathematics, economics, or related quantitative field

At least 5 years post qualification experience in finance

Degree in accounting or professional accounting qualification (ACA, ACCA, CPA or equivalent) is preferred

Technical:

Demonstrated expertise in utilizing financial analysis and modeling in challenging and complex scenarios

High proficiency in Microsoft Office (Excel, PowerPoint)

Outstanding analytical and quantitative skills; able to resolve tough business problems with well-structured analyses

Proven expertise in modelling techniques and managing large data sets

Attentive to detail, highly organized, and focused on quality of output

Fluent in written and spoken business English

Proficiency in local languages is advantageous

Familiarity with the cards business and revenue streams is a plus

Business:

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

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

Experience in leading process improvement projects would be advantageous

Strong interpersonal skills will be required to address on-going needs of a complex, matrix reporting structure, and multinational organization

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.