Senior Vice President of CFO Open Banking, Mastercard
Consumer Acquisitions & Engagement, CTO Services
Office located in Purchase, NY
Global payments technology company
Be an early applicant
Global payments technology company
1001+ employees
Be an early applicant
Office located in Purchase, NY
1001+ employees
Company mission
To connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart, and accessible.
Role
Who you are
- Proven ability to build high performing teams, history of strong leadership, teamwork, and the ability to work in a matrixed organization
- Experience in leading a team that is geographically dispersed and to be part of a geographically diverse team
- Excellent verbal, written and presentation skills
- Ability to communicate effectively at all levels of the organization
- Demonstrated history of thoughtful risk-taking, business acumen, thought leadership, commitment, and strong sense of urgency
- Executive presence, ability to influence others; demonstrated intellectual horsepower
- MBA and/or CPA preferred
- Solid accounting skills, excellent finance skills including modeling and scenario analysis, budget, planning and forecast experience, experience in risk management, and a solid understanding of the business or demonstrated learning agility are required. Operational experience very desirable
- International experience is a plus
What the job involves
- The Senior Vice President, CFO Open Banking, Customer Acquisition & Engagement and CTO is a global finance leader responsible for all financial aspects of the aforementioned business units, including but not limited to budgeting, forecasting, management reporting, business case development, pricing support, asset allocation, strategy support, risk, controls, etc
- The person is also a member of the Services Finance Leadership Team
- Partners with the business unit leader and other areas of the company to formulate and implement business unit strategy
- Leads capital allocation process and development of business cases for organic investments, including technology and product development for new solutions
- Teams with the business unit leader to evaluate potential business relationships (business partnerships, investments, etc.) and to evaluate new growth areas from strategic, operational, and financial perspectives
- Runs special projects on an ad hoc basis to continuously advance the strategy of the Consumer Solutions businesses
- Supports the business unit in launching new businesses to support growth
- Leads budgeting, forecasting, and financial reporting
- Leads the annual planning process; manages short and long-range financial planning and capital forecasting
- Works with business unit leaders to set objectives, develop plans, and establish KPIs
- Reviews and explains significant variances from prior period actuals, budgets, and forecasts
- Manages and/or conducts financial analyses (e.g., product/customer profitability analysis)
- Leads financial analysis to support business strategies and Board of Directors reviews
- Provides financial analysis related to customer planning activities such as customer contracts and incentives ensuring that business cases for these agreements are financially sound
- Guides financial decisions related to business transactions, including acquisitions and investments by providing local accounting/regulatory advice and by monitoring and enforcing policies and procedures; works with Corporate Controllers team to ensure technical accounting issues are identified and appropriately addressed
- Leads the development and implementation of streamlined processes to manage the financial needs of the business function
- Responsible for the review and proper execution of all contracts with financial implications including supplier relationships and external partnerships
- Assists in the development, implementation, and maintenance of cost-effective controls to promote data integrity and minimize risk (financial, operational, legal, regulatory, etc)
- Develops insight into internal and external corporate governance and business issues
- Develops a deep understanding of current and emerging product lines, services, and programs
- Maintains key finance-related relationships with other business units, Corporate Finance, and external parties
- 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
Our take
Mastercard is in the global payments business, and operates the world's fastest payments processing network. Its products and solutions have become central to everyday commerce across the world, in activities ranging from shopping and travelling to running businesses.
As the economy has become more and more digitised, Mastercard has been a leading player in helping businesses and individuals across the globe embrace card payments and digital banking. One of the world's largest companies, its revenue has seen consistent gain in the last 20 years.
The challenge for modern payments companies is that payments are always changing, as seen in the astronomical rise of contactless payments over the last decade. Mastercard's acquisition of blockchain systems, and an overall focus on leveraging its technology towards a digital economy, has placed the company in good stead to keep up to date with current trends, like cryptocurrency, in the digitised payments world.
Steph
Company Specialist at Welcome to the Jungle
Insights
Company
Company benefits
- Gym membership
- Share purchase options
- Extra holiday purchase optional
- Work from home opportunities
- Health insurance
Company values
- Trust - integrity, respect, openness
- Agility - urgency and value through innovation
- Partnership - working as one team for the benefit of all
- Initiative - taking bold and thoughtful actions
Company HQ
Purchase, Harrison, NY
Articles
Leadership
Michael Miebach
(CEO, not founder)Has served in a variety of roles at the company, including President and CPO. Currently Board Member at IBM, Accion, the World Resources Institute, the US-India Strategic Partnership Forum, and the Metropolitan Opera. They are also a Trustee of USCIB.
People progressing
Joined as VP in 2008, promoted 4 times in 11 years to their current position of Executive Vice President.
Salary benchmarks
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