CFO, Commercial Job Listing at Mastercard in Purchase, NY (Job ID R-259010)

Description

Our Purpose

Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we're helping build a sustainable economy where everyone can prosper. We support a wide range of digital payments choices, making transactions secure, simple, smart and accessible. Our technology and innovation, partnerships and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest potential.

Title and Summary

CFO, Commercial Overview:
This Chief Financial Officer (CFO) Commercial reports to the CFO, Commercial and New Payment Flows and will partner with the business and global teams to drive forward and support the business strategy of the Commercial business, which includes Global Corporate Solutions, Small & Medium Enterprises (SME) and Commercial Verticals Sales. The role is tasked with setting the vision and executing strategies to drive new business and financial opportunities for Commercial. This role requires extensive experience leading and delivering financial solutions that adhere to industry standards and best practices. As CFO, Commercial, the incumbent will be responsible for the financial planning and analysis activities, including financial reporting and controls, investment management, support of M&A activities, development of business cases, drive efficiencies, financial processes, planning and objective setting and business partner support.
Role:
• Manage all financial aspects of Commercial business, supporting three strategic areas: Global Corporate Solutions, SME and Commercial Verticals.
• Partner with the business unit leaders and other areas of the company to formulate and implement business unit strategy, evaluate new growth areas, run special projects to advance the strategy, and support Board of Directors reviews
• Lead all financial aspects of M&A activity in Commercial businesses including due diligence, financial modelling, and integration activities
• Lead capital allocation process and development of business cases for organic investments, including technology and product development for new solutions
• Manage financial analyses (e.g., product/customer profitability analysis) related to customer planning activities such as customer contracts and incentives ensuring that business cases for these agreements are financially sound
• Lead budgeting, forecasting and financial reporting. Review and explain significant variances from prior period actuals, budgets, and forecasts
• Work with business unit leaders to set objectives, develop plans and establish KPIs
• Lead the development and implementation of streamlined processes to manage the financial needs of the business function
• Assist in the development, implementation and maintenance of cost-effective controls to promote data integrity and minimize risk (financial, operational, legal, regulatory, etc.)
All About You:
Leadership Attributes/Qualifications:
• 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
• Fluency in English. 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 and intellectual horsepower
Experience/Education:
• CPA and/or MBA preferred
• Solid accounting skills, excellent finance skills including modelling and scenario analysis, budget, planning and forecast experience, significant experience in risk management and a solid understanding of the business or demonstrated learning agility are required. Operational experience very desirable.
• International experience in more than one country and be geographically mobile preferred

Compensation Pay Range: $280,000-$400,000 USD Mastercard is a merit-based, inclusive, equal opportunity employer that considers applicants without regard to gender, gender identity, sexual orientation, race, ethnicity, disabled or veteran status, or any other characteristic protected by law. We hire the most qualified candidate for the role. In the US or Canada, if you require accommodations or assistance to complete the online application process or during the recruitment process, please contact reasonable_accommodation@mastercard.com and identify the type of accommodation or assistance you are requesting. Do not include any medical or health information in this email. The Reasonable Accommodations team will respond to your email promptly.

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:

• 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.

In line with Mastercard's total compensation philosophy and assuming that the job will be performed in the US, the successful candidate will be offered a competitive base salary and may be eligible for an annual bonus or commissions depending on the role. The base salary offered may vary depending on multiple factors, including but not limited to location, job-related knowledge, skills, and experience. Mastercard benefits for full time (and certain part time) employees generally include: insurance (including medical, prescription drug, dental, vision, disability, life insurance); flexible spending account and health savings account; paid leaves (including 16 weeks of new parent leave and up to 20 days of bereavement leave); 80 hours of Paid Sick and Safe Time, 25 days of vacation time and 5 personal days, pro-rated based on date of hire; 10 annual paid U.S. observed holidays; 401k with a best-in-class company match; deferred compensation for eligible roles; fitness reimbursement or on-site fitness facilities; eligibility for tuition reimbursement; and many more.

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