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Payables Manager, Center of Excellence
Payables Manager, Center of Excellence-November 2024
Bangalore
Nov 23, 2024
ABOUT VISA
Visa’s vision is to be the best way to pay and be paid for everyone, everywhere.
10,000+ employees
Technology, Engineering
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About Payables Manager, Center of Excellence

  Company Description As the world's leader in digital payments technology, Visa's mission is to connect the world through the most creative, reliable and secure payment network - enabling individuals, businesses, and economies to thrive. Our advanced global processing network, VisaNet, provides secure and reliable payments around the world, and is capable of handling more than 65,000 transaction messages a second. The company's dedication to innovation drives the rapid growth of connected commerce on any device, and fuels the dream of a cashless future for everyone, everywhere. As the world moves from analog to digital, Visa is applying our brand, products, people, network and scale to reshape the future of commerce.

  At Visa, your individuality fits right in. Working here gives you an opportunity to impact the world, invest in your career growth, and be part of an inclusive and diverse workplace. We are a global team of disruptors, trailblazers, innovators and risk-takers who are helping drive economic growth in even the most remote parts of the world, creatively moving the industry forward, and doing meaningful work that brings financial literacy and digital commerce to millions of unbanked and underserved consumers.

  You're an Individual. We're the team for you. Together, let's transform the way the world pays.

  Job Description The Payables Manger, Center of Excellence (COE) has the responsibility of managing the Payables operation function in Bangalore.  The COE payables team will focus on operational tasks including processing of manual invoices, supporting Visa’s telecom invoice program, and recording employee reimbursements directly to the GL, and other manual operational tasks.  The Manager role will oversee the operation, including managing operating queues, metric tracking, and issue resolution.  The manager role will play a key role in expanding the function to incorporate invoices from regions across the globe.  The Manager will enforce controls, drive efficiency, embed a culture of continuous process improvement, and drive productivity metrics. 

  The manager role will report to the Director, Payables Global Process Owner.  It will have extensive interaction with various groups across Finance, including regional Payables teams, Global Accounting teams, FP&A, and multiple business units.  The role will also drive key initiatives across the global payables landscape, focusing on streamlining processes and enhancements to key Finance systems.

  The role requires the ability to work in a complex and diverse, international, and multi-currency environment.  Key tasks include: 

  Manage a payables team centered in the COE in Bangalore, focusing on manual entry of invoices, supporting Visa’s telecom program, and clearing of employee reimbursementsDevelop and maintain a robust set of operating metrics, tracking turn around time, SLA tracking, and productivityMaintain global set of operating procedures, ensuring documentation is current and reflective of global nuances in the Payables processSupport global initiatives presented by the Global Payables process owner to drive efficiency and streamline processesPartner and coordinate with global peers and finance leaders to constantly enhance and improve our key processes, systems, and toolsExtensive knowledge of key payables systems including Ariba and OracleFocus on business line or supplier escalations, identifying root cause and implementing solutionsInstill 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 7 or more years of relevant work experience with a Bachelor’s Degree or at least 4 years of work experience with an Advanced degree (e.g. Masters, MBA, JD, MD) or 2 years of work experience with a PhDAt least ten years of experience managing Payables operations teamsExperience 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 simultaneouslyAbility 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 changeAble 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 Visa will consider for employment qualified applicants with criminal histories in a manner consistent with EEOC guidelines and applicable local law.

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