Company Description Visa is a world leader in digital payments, facilitating more than 215 billion payments transactions between consumers, merchants, financial institutions and government entities across 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.
When you join Visa, you join a culture of purpose and belonging – where your growth is priority, your identity is embraced, and the work you do matters. We believe that economies that include everyone everywhere, uplift everyone everywhere. Your work will have a direct impact on billions of people around the world – helping unlock financial access to enable the future of money movement.
Join Visa: A Network Working for Everyone.
Job Description The Director, Payables Global Process Owner has the responsibility of managing the global Accounts Payable function within Visa. The Payables function is broken down into five regional centers, each with a regional Payables Lead. Each regional lead will report directly into the Director, Payables Global Process Owner. While the Director role is not responsible for key operational payables tasks, the role will work directly with each regional lead to enforce controls, drive efficiency, embed a culture of continuous process improvement, and drive productivity metrics.
This role has extensive interaction with various groups across Finance, including Global Accounting teams, FP&A, Treasury, and multiple business units. The Director 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:
Oversight of global Accounts Payable function, focusing key operational metrics including invoice automation, paid on time, PO utilization, and eliminating processing errorsManage regional Payables leads located in multiple geographies across the globeOversight of a centralized payables Center of Excellence, focusing on turnaround time and efficiencyPartner and coordinate with global peers and finance leaders 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 activityExtensive knowledge of key systems including Ariba and Oracle, and advanced knowledge of key tools used in payables process to support process efficiencyPreparation and analysis of global operating metrics, utilizing data to create process efficiencies, identify bottlenecks, and initiate process improvementsFocus on business line or supplier escalations, identifying root cause and implementing solutionsAct as primary liaison for internal audit and SOX testing and validationInstill 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 activitiesDrive team performance to “Best in Class” standards by improving employee commitment and identifying single point of accountabilityDevelop effective succession planning, strategic resources, and focus on employee career growth Qualifications Basic Qualifications
10 or more years of work experience with a Bachelor’s Degree or at least 8 years of work experience with an Advanced Degree (e.g. Masters/ MBA/JD/MD) or at least 3 years of work experience with a PhD Preferred qualifications
12 or more years of work experience with a Bachelor’s Degree or at least 8-10 years of work experience with an Advanced Degree (e.g. Masters/ MBA/JD/MD) or at least 6 years of work experience with a PhDExperience managing Payables organizationsExperience of managing a finance team in a commercial multi-national environmentExperience 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 geographySound experience with managing internal and external auditsAbility 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-offsKnowledge of Microsoft office applications, Oracle Financials, and SAP product suite of Ariba and ConcurKnowledge of the payment industrySelf-directed and motivatedStrong prioritization skills and ability to manage issues to resolutionWorking knowledge of Lean/Six Sigma principles and toolsProven 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 managementCustomer focused, driven and can lead by example Additional Information Additional information
Work Hours: Varies upon the needs of the department.
Travel Requirements: This position requires travel 5-10% of the time.
Mental/Physical Requirements: This position will be performed in an office setting. The position will require the incumbent to sit and stand at a desk, communicate in person and by telephone, frequently operate standard office equipment, such as telephones and computers.
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.
Visa will consider for employment qualified applicants with criminal histories in a manner consistent with applicable local law, including the requirements of Article 49 of the San Francisco Police Code.
U.S. APPLICANTS ONLY: The estimated salary range for a new hire into this position is 146,700 to 190,800 USD, which may include potential sales incentive payments (if applicable). Salary may vary depending on job-related factors which may include knowledge, skills, experience, and location. In addition, this position may be eligible for bonus and equity. Visa has a comprehensive benefits package for which this position may be eligible that includes Medical, Dental, Vision, 401 (k), FSA/HSA, Life Insurance, Paid Time Off, and Wellness Program.