Job DescriptionThe 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 errors
- Manage regional Payables leads located in multiple geographies across the globe
- Collaboration with a centralized payables Center of Excellence, focusing on turnaround time and operational efficiency
- Partner 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 activity
- Extensive knowledge of key systems including Ariba and Oracle, and advanced knowledge of key tools used in payables process to support process efficiency
- Preparation and analysis of global operating metrics, utilizing data to create process efficiencies, identify bottlenecks, and initiate process improvements
- Focus on business line or supplier escalations, identifying root cause and implementing solutions
- Act as primary liaison for internal audit and SOX testing and validation
- Instill a culture of continuous improvement in a methodical, pragmatic and expeditious manner including: automation of manual processes, controls and standardization of accounting/business processes, integrating AI into day to day operations, enhancing controls and identifying process risks. Use Lean/Six Sigma methodologies to improve Controllership activities
- Drive team performance to "Best in Class" standards by improving employee commitment and identifying single point of accountability
- Develop effective succession planning, strategic resources, and focus on employee career growth
- This role is a Hybrid position to be located in our Austin, TX office location.
This position is a hybrid role to be located in our Austin, TX office location. Visa requires at least 3 days in office, expectations of these days will be confirmed by your Hiring Manager.
QualificationsBasic 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 8-10 years of experience with an Advanced Degree (e.g. Masters, MBA, JD, MD) or 6+ years of work experience with a PhD
- 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
- Experience managing global payables organizations
- Experience using ERP system, working knowledge of accounting segments, and managing global payables ledger
- Experience of managing a finance team in a commercial multi-national environment
- Experience governing complex payables issues including foreign currency transactions
- Ability to develop and leverage deep professional relationships with key leadership, in Finance and the business, across a wide international geography
- Sound experience with managing internal and external audits
- Ability 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-offs
- Knowledge of Microsoft office applications, Oracle Financials, and SAP product suite of Ariba and Concur
- Knowledge of the payment industry
- Self-directed and motivated
- Strong prioritization skills and ability to manage issues to resolution
- Working knowledge of Lean Six Sigma principles and tools
- Proven 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 management
- Customer focused, driven and can lead by example
U.S. Applicants OnlyThe estimated salary range for this position is $169,600.00 to $ 271,400.00 USD per year, 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.
Work HoursVaries upon the needs of the department.
Travel RequirementsThis position requires travel 5-10% of the time.
Mental/Physical RequirementsThis 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.
