Job Title: Finance Manager
Hiring Organization: Visa
Location – Locality: Nairobi
Location – Region: Kenya
Industry: Digital
payment technology
Job Type: Full
Time
Salary: KES
Date Posted: 05/11/2024
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Job Purpose:
The
Finance Manager is responsible for the financial health of our operations in
the Eastern Africa cluster, while being based in Nairobi Office. 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 Finance Manager will report to the SSA Head of Finance,
to support Eastern Africa and SSA overall business priorities.
Key
Responsibilities:
Financial
Management:
- Oversee
the month-end, quarter-end, and year-end financial reporting process for
the Eastern Africa cluster.
- Manage
the budgeting and forecasting process for the Eastern Africa cluster.
- Implement
strategies to prevent and resolve bad debts.
- Provide
in-depth support in the areas of revenue management and investment
decision.
- Participate
in continuous improvement activities to meet or exceed internal customers’
expectations.
Revenue
Analytics and Business Partnering:
- Lead
the analysis of key business drivers for strategic planning, annual
budgeting, and quarterly forecasting for the Eastern Africa cluster.
- Actively
engage in the modelling and review of client deals, ensuring accuracy and
alignment with the company’s financial goals and strategies.
- Identify
and analyze potential opportunities and risks in client deals, providing
actionable insights for decision-making.
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
advisory and guidance to business partners on deals structuring, of their
approved budgets and forecasts, and their commitment to budget/forecast on
a continuous basis.
Relationship
Management:
- Partner
with business and regional teams to ensure alignment on financial
performance and the drivers of forecasts and results.
- Demonstrate
strong sense of urgency when preparing and evaluating multiple incentive
deals, and proactively align priorities with Eastern Africa Cluster Head
on a weekly basis.
- Build
and maintain relationships with finance business partners in SSA and CEMEA
Hub, to ensure they are aware of the latest deals’ timelines,
risks/opportunities, and how we plan to quickly mitigate or leverage them
respectively.
Critical
Success Factors in The Role:
The
What:
Deliver
financial excellence and drive business growth in the Eastern Africa cluster.
Ensure alignment on financial performance and the drivers of forecasts and
results.
Maintain compliance with policies and procedures and reporting requirements.
Build and maintain relationships with finance business partners in SSA and
CEMEA.
The
How:
Enable
each other to success: Work and win together with business stakeholders as
partners, removing barriers and empowering teams to maximize the impact of
collective resources and capabilities.
Deliver quickly and seamlessly: Plan carefully and execute successfully, to
make it easier to get things done.
Act as an owner: Be deeply committed to fostering long-term growth and value.
Viewed as a dedicated, resourceful, and proactive contributor, pinpointing
issues, opportunities, and solutions.
Listen and learn from business stakeholders: Gain profound insights into
her/his stakeholders’ needs to help them accomplish their objectives.
This is a
hybrid position. Hybrid employees can alternate time between both remote and
office. Employees in hybrid roles are expected to work from the office 2-3 set
days a week (determined by leadership/site), with a general guidepost of being
in the office 50% or more of the time based on business needs.
Qualifications
Basic
Qualifications:
- 5
or more years of relevant work experience with a Bachelors Degree or at
least 2 years of work experience with an Advanced degree (e.g. Masters,
MBA, JD, MD)
- Preferred
Qualifications:
- 6
or more years of work experience with a Bachelors Degree or 4 or more
years of relevant experience with an Advanced Degree (e.g. Masters, MBA,
JD, MD) or up to 3 years of relevant experience with a PhD
Leadership:
- 7-10
years of work experience in multinational business environment and a
bachelor’s degree or 5 years of work experience with an Advanced Degree
(e.g., Masters, MBA).
- Past
experience in one of the following industries is highly desirable: Payment
Technology, Consulting, FMCG, or Telecom.
- Proactive,
high-energy, and motivated team player.
- Strong
communication skills and creates deep relationships across the business
and communicates effectively with executive management.
- Ability
to work well under pressure and manage multiple priorities.
- Able
to work cross-functionally, geographically, and with virtual teams while
promoting a culture of openness, trust, and flexibility.
Technical:
- Degree
in Accounting or professional accounting qualification (ACA, ACCA, CPA or
equivalent) is preferred.
- Strong
FP&A skills: Experience in forecasting based on trends, historical
data, current market conditions, and strategic plans. Proficient in
developing and managing revenue budgets. Proven ability to analyze
financial data and succinctly summarize for non-Finance audience.
Experienced in working with financial models.
- Expertise
in Microsoft Excel and PowerPoint required and experience in Power BI is
desirable. IBM Cognos TM1 and Hyperion experience would be an advantage.
Conceptual knowledge of financial databases is beneficial.
Business:
- Financial/commercial
analysis/FP&A experience from within a large, multi-national, publicly
traded corporation.
- Outstanding
analytical and quantitative skills, able to resolve tough business
problems with well-structured analyses.
- Must
be detail-oriented and possess good prioritization skills to ensure
relevancy, accuracy, and quality of output