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, CommercialOverview: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:
•\tManage all financial aspects of Commercial business, supporting three strategic areas: Global Corporate Solutions, SME and Commercial Verticals.
•\tPartner 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
•\tLead all financial aspects of M&A activity in Commercial businesses including due diligence, financial modelling, and integration activities
•\tLead capital allocation process and development of business cases for organic investments, including technology and product development for new solutions
•\tManage 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
•\tLead budgeting, forecasting and financial reporting. Review and explain significant variances from prior period actuals, budgets, and forecasts
•\tWork with business unit leaders to set objectives, develop plans and establish KPIs
•\tLead the development and implementation of streamlined processes to manage the financial needs of the business function
•\tAssist 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:
•\tProven ability to build high performing teams, history of strong leadership, teamwork and the ability to work in a matrixed organization
•\tExperience in leading a team that is geographically dispersed and to be part of a geographically diverse team
•\tFluency in English. Excellent verbal, written and presentation skills - ability to communicate effectively at all levels of the organization
•\tDemonstrated history of thoughtful risk taking, business acumen, thought leadership, commitment and strong sense of urgency
•\tExecutive presence, ability to influence others and intellectual horsepower
Experience/Education:
•\tCPA and/or MBA preferred
•\tSolid 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.
•\tInternational experience in more than one country and be geographically mobile preferred
Compensation Pay Range: $280,000-$400,000 USD
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.