Finance Director, Nigeria at Visa Incorporated

Lagos Mainland    11-12-2023
 

Description



Job Description

This Finance Director position is based in Nigeria, will partner with the Head of Finance SSA, and be responsible for the financial health of local operations in Nigeria and West Africa. The Finance Director will oversee financial planning (budgeting and forecasting), financial analysis and reporting, management of financial risks, record-keeping, and modelling of client deals and business cases. This role will have direct exposure to SSA leadership team members and be required to work closely with other Finance teams across the CEMEA region.

Responsibilities:

Financial Management


Lead the month-end, quarter-end, and year-end reporting requirements in accordance with deadlines.

Manage the forecast and budget process for Nigeria market, ensuring all inputs and analytics are provided in compliance with published deadlines and corporate guidelines.

Implement strategies to prevent and resolve bad debts, ensuring timely collection of receivables and minimizing financial risk to the organization.

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 and focus business engagements on delivering agile business results.


Revenue Analytics and Business Partnering


Lead the analysis of key business drivers (e.g., volumes, transactions, etc.) for use in strategic planning, annual budgeting, and quarterly forecasting.

Develop financial strategies to drive business growth and accelerate in-market executions.

Lead the financial assessment of client incentive deals, by completing and signing off the associated financial models. Work closely with business team throughout the deal process by supporting the deal structuring effort and challenging assumptions appropriately. Ensure ultimately that Visa’s interests are front and center, financial targets are being met, while offering attractive terms to clients.


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 West 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 forecasts, deals’ timelines, risks/opportunities, and how we plan to quickly mitigate or leverage them respectively.


Controllership


Process and maintain accounting records: Ensuring high quality of accounting accuracy, timeliness of reporting and compliance to corporate policies, GAAP, SEC, and SOX requirements are fundamental to the role.

Support and assist other controllers: Obtaining, reviewing, analyzing, and communicating financial and non-financial data and reports relating to Nigerian operations is crucial for informed decision-making.

Ensure transactions are compliant: Making sure transactions are captured, recorded, summarized, and reported in compliance with policies & procedures, US GAAP, IFRS, Central Bank of Nigeria reporting requirements if any, as well as statutory, corporate and tax requirements is key to maintaining financial integrity.

Assist Controllership teams in oversight role: Assisting in overseeing the Nigeria operations ensures that all financial activities align with the company's goals and regulations.

Analyze executed business transactions: Detecting anomalies and non-compliances, working with other supporting functions to investigate, report and aid the Nigeria business unit to remediate the issues and implement effective controls to avoid re-occurrence is critical for maintaining internal control health.


Compliance and Governance


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 & forecasts, and their commitment to budget/forecast on a continuous basis.


Qualifications

Leadership


Minimum of 10 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), or at least 3 years of work experience with a PhD.

Must be a proactive, high-energy, and motivated team player capable of delivering multiple initiatives/projects.

Ability to cultivate strong and effective relationships across the business and communicate effectively with Executive Management.

Ability to work well under pressure and manage multiple priorities in a fast-paced and dynamic environment.

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.

Hands-on experience with US GAAP/IFRS and SEC/statutory requirements.

Strong technical accounting skills, and experience researching and documenting accounting issues.

Expert skills in MS Excel and PowerPoint, familiarity with integrated accounting applications, particularly Oracle, and proven system skills (e.g., TM1, Hyperion, etc.)


Business


Financial/commercial analysis/FP&A experience from within a large, multi-national, publicly traded corporation is preferable.

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.

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