Vice President, Finance Business Partner

2 weeks ago

Johannesburg, South Africa Mastercard Full time

Our Purpose

We work to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. We cultivate a

culture of inclusion

for all employees that respects their individual strengths, views, and experiences. We believe that our differences enable us to be a better team - one that makes better decisions, drives innovation and delivers better business results.

Title and Summary

Vice President, Finance Business Partner

Overview

The Finance Business Partner assumes full responsibility for planning, operating performance, market cluster’s accounting and financial reporting.

Be a key partner to Area Managers for SSA in business strategy development to meet business objectives in the market cluster. Will lead the FP&A effort at SSA level including consolidation. Plays an integral role in supporting, tracking, management and reporting of implementation plans.

Role:

- Finance Business Partner assumes full responsibility for all core financial processes in the SSA, namely financial reporting, control, planning, budgeting, forecasting, customer business agreements.
- Also responsible for planning and objective setting, performance metrics, internal management reporting, Financial Analysis, customer business agreements.
- Working with the Area Managers to provides financial leadership to country management in each market to enhance business head’s and account manager’s business acumen, financial know-how, understanding of business case modeling/ structuring sound business cases, financial implications of their actions or non-actions
- Provide finance support in the expansion of the business, for example, opening of new offices, new products.
- Applies a good strategic understanding of the multi-dimensional business dynamics of the African markets and competitive forces at play in driving creative responses and formulating mitigating strategies and new business models.
- Support continuous reviews of existing processes to assess operational efficiency and development and implementation of process improvements to ensure that processes meet the present and anticipated needs of internal customers, members, and other stakeholders

All about you:
Knowledge:

- Specialist knowledge in Financial Reporting
- Chartered Accountant or CPA.
- Strong analytical and strategic thinking skills with the ability to capture the essence of key insights across the market opportunities.
- Broad based commercial awareness to manage risk versus return trade-offs.
- Deep understanding of all the components impacting Mastercard’s business in the SSA market clusters (current and emerging product lines, services, and programs) to be able to conceptualize innovative incentive deal structures.

Communication, impact and influence:

- Influences and negotiates with the respective market business unit managers who may have divergent objectives in relation to their respective business P&L. This involves challenging their assumptions to direct and shape their account management strategies or business plans to deliver on revenue targets, to implement disciplined approaches etc on forecasting of revenue targets.
- Supports the resolution of customer service issues where required and address directly the concerns raised by customers - e.g. billing, waiver requests and business case targets.
- Ensures that Finance is closely integrated with, and positively supports the business providing managers at all levels with the necessary information to maximize revenue, profitability and efficiency; works with the management team in the development and implementation of short and medium term strategic and tactical plans and provide the financial input required to that process;
Experience/Education:

- Advanced financial experience, qualified CPA, Chartered Accountant or equivalent.

Corporate Security Responsibility

All activities involving access to Mastercard assets, information, and networks comes with an inherent risk to the organization and, therefore, it is expected that every person working for, or on behalf of, Mastercard is responsible for information security and must:
- Abide by Mastercard’s security policies and practices;- Ensure the confidentiality and integrity of the information being accessed;- Report any suspected information security violation or breach, and- Complete all periodic mandatory security trainings in accordance with Mastercard’s guidelines.

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