For over 35 years, we’ve been making history. Now, we’re creating the future.
Techs on the beach
On April 14, 1981, in Honolulu, Hawaii, William Bill Melton incorporated his new tech company. The original intention was to provide a recourse for retailers who’d been swindled by people handing out bad checks.
Bill's product was a kind of verification device using phone lines a verification phone.
But then a pivot. The credit card industry was relatively new at the time and processing was still being done with carbon paper.
Bill saw a way to reduce costs for companies like Visa and MasterCard, while capitalizing on this new technology. Instead of verifying checks, we would provide local businesses a means to electronically process credit card payments.
The Verifone payment device was born.
Now, Verifone is one of the world’s largest POS terminal vendors and a leading provider of payment and commerce solutions.
We operate in more than 150 countries and employ nearly 6,000 people globally. Our steady growth has come organically, through a dedication to innovation and strategic partnerships, as well as from savvy acquisitions.
We are looking for an experienced Commercial Finance Manager for our Johannesburg, South Africa HQ who will run the financial budget, analysis & reporting practices and act as a Strategic Business Decision Maker across the region.
Your Essential Responsibilities :
Supplying to the region strategy, operational goals and protects corporate assets through the development and implementation of sound accounting policies and procedures;
Maintaining a deep understanding of the markets / segments / customers / products to help drive financial growth, performs product and customer profitability analysis to assist with business decisions;
Monitoring the assigned budget for the responsibility area, gives early warnings in case of chance of overspend, and supports GM to stay within the budget;
Partnering the business streams in ensuring that sales & contribution are optimized and effectively handled;
Supporting developing objectives-based’ system & process improvements to enable more effective day-to-day management of business profitability;
Analyzing proposed plans and policies as well as new programs to determine costs and projected profitability;
Leading the annual plan, quarterly commit and monthly forecast processes, and builds the region / country financials as it is required by head of business, region and corporate;
Performing special financial studies for management in conjunction with recommended or proposed plans;
Supporting sound and timely managerial decisions and controls by providing evaluated financial operational data and information to management;
Aligning with all internal control policies and procedures and will propose and support implementing control improvements based upon changing business conditions;
Challenging existing modus operands, questioning processes and structures which are currently embedded in the Company culture;
Preparing of ad-hoc financial / business analysis and projects as required;
Whenever necessary, participating negotiations with partners as well as suppliers or contractors;
Cultivating strong relationships with business divisions by establishing a customer service culture within the Commercial Finance Team.
Duties Common to Management :
Communicate corporate direction and objectives to staff;
Manage performance through setting objectives, providing performance feedback / coaching feedback and evaluation;
Motivate employees to over-achieve and correct performance problems;
Develop staff skills and abilities to meet business needs;
Actively support company programs and ensure adherence to company rules and procedures;
Administer compensation actions within company guidelines;
Monitor assigned budget and meet financial goals.
Reporting Relationships :
Reports directly to EEMEA CFO
Reports indirectly to GM of the business / geography; Johannesburg
Your Knowledge and Experience :
BS degree with significant years of validated finance experience;
Solid understanding of the financial impact and consequences of commercial terms and competence in contractual terms and conditions;
Proven analytical and problem solving abilities including financial modeling and analysis;
Deep understanding of financial theory and ability to apply theory to evaluation of complex financial issues;
Ability to work with all levels of the organization and able to influence others and work reciprocally with finance and manufacturing function colleagues;
Excellent organizational and project management skills and ability to multi-task in a dynamic, fast-paced environment;
Self-motivated individual with the ability to work independently;
Proven ability to meet tight deadlines with emphasis on sustained accuracy and attention to detail;
Excellent communication, presentation skills and attention to detail for effective interaction with senior management;
Demonstrates ethical and moral behavior; unquestionable integrity and character;
Excellent computer skills with software applications proficiency, including Microsoft Office, Hyperion and Oracle.
Verifone is proud to be an Equal Opportunity Employer.