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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.
Job Title
Finance Manager, South Asia Finance
Overview:
South Asia IMK Finance is a 3 member MC team responsible for handling end to end responsibilities of Finance and Business needs aligned to business objectives led by Divisional Head for South Asia and finance objectives led by RFO, AP.
Finance Leader, South Asia Finance to help support the existing Finance team in South Asia in the area of deal management to ensure successful handling of the above responsibilities and to work closely with Business according to business needs and align to Business / Finance objectives.
Role:
1. Deal Structuring- Support the Division and create / assist account managers in complex business deals for new business opportunities ensuring commercial profitability for MasterCard. Local finance is involved from initiation to closure of the deal. Conduct regular review of live deals and highlight concern to Account Manager and Leadership team.
a. Performs rigorous reviews, negotiations and scenario analysis iterations on business cases to assess the risk versus return tradeoffs. Work/negotiate with business owners to improve deal structures where appropriate. Assertiveness required to convince Account Representatives to sell harder to their customers. A “reality check” on the ROIs, NPVs, DCF for all major contracts entered into with our customers.
b. Provides guidance to Legal department to assist in understanding deal structures and business dynamics.
c. Communicates corporate and regional policies and establish review processes to ensure financial control and compliance and drive overall market compliance with SEC requirements as well as compliance with local statutory regulations, financial and taxation regimes in the region
d. To build capabilities within the businesses to enhance their business acumen, financial know-how, understanding of business case modeling/ structuring sound business cases, understanding of SFDC, financial implications of their actions, and to align them to delivery of financial objectives for the region.
e. Requires individual to be creative and entrepreneurial, managing risks with innovation, embracing the concept of value creation, move away from inwardly focused and value preservation to looking for outside opportunities to increase stock market valuation and shareholders’ wealth in the face of fierce competition, customer choice and new technology.
f. Fundamental knowledge of US GAAP and local GAAP. Specialist knowledge in customer business agreement accounting.
g. Strong grasp of contract law in order to assess consistency between final contract and approved business cases.
2. Extended Business Support –Closely work with business teams in providing insights and financial support to
a. develop / monitor performance of our strategic investments and other growth opportunities
b. facilitate and identify new pricing initiatives / structuring opportunities
All About You:
- Chartered Accountant / MBA in Finance with strong Financial Domain experience/expertise preferred
- Ability to lead, motivate and influence others in a global, matrix organization structure.
- Outstanding interpersonal, written, and verbal communication skills.
- Strong employee relations and management partnering skills.
- Sound operational Finance experience at early middle management level in an international Organization.
“Flexible Working Arrangements are possible for this position, in consultation with the Hiring Manager”.
COVID-19 Considerations
We value the safety of each member of our community because we know we’re all in this together. In many locations, which may change over time, we’ve implemented a virtual hiring process and continue to interview candidates by video or phone. In addition, in some locations, only individuals who have been fully vaccinated will be permitted inside Mastercard offices until further notice.
In the US, Mastercard is a government contractor, which may legally require most Mastercard employees to be vaccinated unless a verified approved medical or religious exemption is granted. Further, we are currently making every effort towards having employees return to work in the office 2 days per week, if that makes sense for their team. Everyone must be vaccinated to enter Mastercard offices at this time. Therefore, we expect all candidates to be vaccinated or to be approved for a medical or religious accommodation prior to commencing work at Mastercard.
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:
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.
