Manager Finance - Product Enablement

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

Manager Finance - Product Enablement

Overview: Mastercard is a global technology company in the payments industry. We work to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Our mission is 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.

With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.

Do you like to be part of a team that is creating and executing strategic initiatives centered around digital payments? Do you look forward to developing and engaging with high performant diverse teams around the globe? Would you like to be part of a highly visible, strategically important global engineering organization?

The Role

What’s it all about and what we expect you to do day:

Product assessment

• Review new product proposals and identify what's net new to MTS and what fits existing processes.
• Map the legal entities involved and confirm the design keeps legal separation and meets regulatory requirements and Finance principles.
• Work with the Product teams and MTS FP&A to build and validate financial projections.

Translating the Product view into the Finance view

• Understand product requirements and help design end to end flow of funds and data flow between product systems and accounting systems (e.g. Oracle and system of records (SOR).
• Understand who the customer is, which systems hold each piece of data (product system, SOR, Oracle) and which banks, custodians and settlement accounts are used.
• Define reconciliation points across bank accounts, Oracle and product systems.
• Specify when funds move and what triggers each movement, including GL entries and file transfers.
• Document all assumptions and keep them up to date.

Enablement and alignment with Finance community

• Facilitate technical accounting discussions and design the feeds into Oracle.
• Work with Regulatory Finance team on controls, regulatory reporting and safeguarding requirements (calculating and meeting the requirement).
• Collaborate across other finance functions: Tax, Risk, Treasury, Outsourcing, Legal and external partners.
• Act as Finance's single point of contact for Product and report readiness and risks to MTS Finance leadership. Play a Finance Project manager role as front line with the business and as representant of several Finance functions
• Secure solid testing phase
• Iterative delivery
• Run the cycle of documenting assumptions, starting enablement, challenging assumptions and incorporating changes as the product matures and scales.

Key competencies

• Able to turn complex product designs into clear, documented process flows.
• Comfortable with ambiguity and with challenging assumptions.
• Strong at working across functions (Product, Legal, Tax, Treasury, Risk).
• Clear communications with senior stakeholders.
• Solid project management and organization skills
• Flexible working across regions and time zones.

All About You and What you need to bring:

• Bachelor's degree in Accounting, Finance or a related field. CPA, ACCA, CFA or equivalent preferred.
• 7+ years in finance, with experience in payments, banking, fintech or financial product launches.
• Strong grasp of flow of funds, settlement, reconciliations and technical accounting (US GAAP/IFRS).
• Experience with regulated or licensed entities, safeguarding and regulatory reporting.
• Experience with ERP and general ledger (GL) systems; Oracle preferred.
• Exposure to digital assets or stablecoins is a strong plus.

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.