MasterCard Foundation Recruitment 2022, Job Vacancies

Apply for the ongoing MasterCard Foundation Job Recruitment 2022 via our latest job vacancies & employment portal. This MasterCard Foundation job opening is available to all qualified candidates.

About The Company:

Mastercard Foundation seeks a world where everyone has the opportunity to learn and prosper. Through its Young Africa Works strategy and Canadian EleV program, the Foundation works with partners to ensure that millions of young people, especially young women, access quality education, financial services, and dignified work. Mastercard Foundation was established in 2006 through the generosity of Mastercard when it became a public company. The Foundation is independent with its own Board of Directors and CEO.

Job Title: Head, Shared Services
Location: Toronto, Canada
Sector: Non Profit

Experience: Mid Career

Position description

THE WORK AT THE FOUNDATION

The Foundation has begun working within Canada in partnership with Indigenous communities and post-secondary institutions to listen, learn, and best understand how we can act in meaningful ways. The EleV strategy was co-created with Indigenous communities, young people, and partners to enable 30,000 Indigenous youth to complete their education and transition to dignified work aligned with their values and aspirations.

As reflected in Canada’s Truth and Reconciliation Commission Calls to Action, education is a key driver of improved socio-economic well-being. Through building partnerships with Indigenous communities, we look to expand our initiative ultimately helping to support a generation of transformative Indigenous young leaders who will be change agents within their communities. We believe that by setting a bold target, we will encourage engagement across sectors and create momentum that will elevate the strengths and opportunities of Indigenous youth. In keeping with our approach, Indigenous communities and young people will be the drivers of this transformation. The program will promote innovations to address longer-term systemic change to achieve economic prosperity and social well-being within Indigenous communities.

The EleV team oversees current and emerging partnerships related to Indigenous education. Consistent with our overall vision and Youth Africa Works strategy, we will share learnings and opportunities to connect across the work of the Foundation. While operating in distinct contexts, the centrality of youth voice and vision, affirmation of culture and identity, and priority to enhance community capacity for self-determination are common threads upon which our work is strengthened and reinforced.

Also see: European Bank for Reconstruction and Development (EBRD) Recruitment 2022, Job Vacancies

UNDERSTANDING AFRICA PROGRAMS AT THE FOUNDATION

We have entered a very exciting time at the Foundation as we scale up our operations across Africa to realize our Young Africa Works strategy. Our role at the Mastercard Foundation is to be a catalyst. Our Young Africa Works strategy focuses on working with others to spur systemic change so young people have the opportunity to find work that is dignified and fulfilling.

The Foundation has opened offices in Rwanda, Kenya, Ghana, Senegal, Ethiopia, Nigeria, and Uganda, building a broader leadership presence in Africa to develop specific strategies that support youth employment. Within a country, we work with governments, the private sector, educators, young people, and other funders to improve the quality of education and vocational training, prepare young people for the work force, expand access to financial services for entrepreneurs and small businesses, and connect job seekers to dignified and fulfilling work.

We are ambitious and driven. Our values transcend and rise above everything else as our guide. We encourage you to bring your bold ideas, curiosity, and expertise to your work. We laugh at ourselves and with each other. We are a team. Our journey together makes our impact even more meaningful.

If you are an experienced shared service professional looking to increase your impact, read on!

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THE OPPORTUNITY

Reporting to the Global Controller, the Head of Shared Services will provide Accounting and Payroll services that are underpinned by standard rules-based processes and internal controls. Provide accurate & timely recording of all financial transactions, maintain books and records according to Canada Revenue Agency regulations. Leads the functions of Accounts Payable, Financial Accounting, Global Payroll, Accounting Systems, External annual financial statement and audit.

WAYS YOU CAN CONTRIBUTE

  •  Accountable to build a high-performance Shared Services function including but not limited to:
    •  Implementation of processes built in the spirit of operational efficiency and excellence.
    •  Cultivate a team culture of high performance with constant improvement.
    •  Cultivate habits that promote compliance with internal controls, safeguarding of assets, and fraud prevention.
    •  Recruit, train, and performance management to build a highly skilled team.
  •  Set expectations that support operational excellence :
    •  Set measurable performance based KPIs with each team and ensure delivery of KPIs
    •  Identify team competency gaps and address on a timely basis.
  •  Ensuring the Shared Services functions adherence to internal control and financial reporting requirements including but not limited to:
    •  Lead the development and ongoing maintenance of procedural documentation as well as training material.
    •  Lead the implementation of internal controls for Shared Services teams while collaborating with internal controls function on control identification, control process, control gap remediation, etc. to mitigate risk and increase operational effectiveness and efficiency.
    •  Cooperate with internal control and internal audit functions for ongoing review, testing etc.
  •  Accountable for maintaining documentation for policies and procedures as it relates to Shared Services functions:
    •  Lead the development and ongoing maintenance of procedural documentation as well as training material.
    •  Ensure Foundation policies as it relates to financial accounting and reporting, accounts payable and payroll are maintained up to date.
    •  Lead the process to provide appropriate level of training to Foundation colleagues on processes as it relates to Shared Services team. Examples are procurement to pay, payroll and benefits processing, expense reports, etc.
  •  Oversee the end-to-end Financial Accounting and Reporting, Accounts Payable and Payroll function including but not limited to:
    •  Establish appropriate month-end/year-end reporting schedule to meet Board reporting requirements.
    •  Timeliness: Ensure each function processes data in a timely manner to ensure adherence to agreed payment terms, month-end/year-end reporting deadlines and payroll cycles and timely issuance of contracts.
    •  Accuracy: Ensure each function processes data to ensure financial information is accurate, reliable and free of misstatements.
    •  Ensure compliance with tax regulations regarding tax filings and remittances, including payroll, VAT, HST and timely payments thereof as required.
    •  Handle escalated issues/problems from the team but also escalate issues/problems as appropriate up to senior management team where necessary.
    •  Hold self and the Shared Services team to highest level of integrity and ethics as the financial gate keeper for the Foundation.
  •  Collaborate with other departments and functions to meet the Foundation wide priorities including but not limited to:
    •  Kept abreast of the Foundation priorities and ongoing projects.
    •  Collaborate with functional stakeholders, such as Treasury, Tax, Legal, Business Controls, etc. to ensure cohesive working rapport and end-to-end risk mitigation.
    •  Be the role model to the Shared Services function in terms of customer service attitude to resolve issues, help and provide training to all Foundation colleagues (internal constituents) for all Shared Services related matters.
  •  Take a leadership role in relationship management with external parties such as vendors, payroll services providers, regulators, auditors, etc.

WHO YOU ARE

  •  Bachelor’s degree plus Professional qualification in Accounting/Finance or other related field is required. A Canadian CPA is also required.
  •  10+ years of experience in a similar role, leading people is an asset.
  •  Successfully completed CPA (CA) designation with audit firm experience.
  •  Strong internal control and process experience.
  •  Strong knowledge of audit requirements and interacting with external auditors.
  •  Experience working in an international organization, with multi-currency environments.
  •  ERP implementation experience would be an asset.
  •  Is intellectually curious and open to new ideas while comfortable with ambiguity, flexible to new ideas.
  •  Possess excellent organizational skills and a high level of attention to detail.
  •  Demonstrated a track record of collaborating effectively and work effectively in a collegial manner in both team-based situation as well as in situations to take the leadership role.
  •  Possess excellent verbal, written, and presentation skills with the ability to articulate information to a variety of constituents across cultures.
  •  Possess strong interpersonal skill to build and maintain relationships across the Foundation and within the department.
  •  Possess professional maturity, sensitivity with different cultures, and impeccable integrity.
  •  Brings a commitment to Mastercard Foundation’s values and vision.

Deadline for Applications is July 15, 2022.

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Mastercard Foundation (the “Foundation”) values and respects your privacy. By submitting an application for this opportunity, you hereby agree to the Foundation’s collection, use and disclosure of your personal information in accordance with its Privacy Policy (available at https://mastercardfdn.org/privacy/ ). Please note that the Foundation may share your personal information with third-party agencies that support the Foundation’s recruitment activities, and such third-party agencies may contact you directly regarding this opportunity. If you have any questions or concerns, please contact the Foundation’s Privacy Officer at the address indicated in its Privacy Policy.

The Mastercard Foundation values the unique skills and experiences each individual brings to the organization and we are committed to creating and maintaining an inclusive and accessible environment for everyone.

Completion of satisfactory business references and background checks are essential conditions of employment.

For more information and to sign up for the Foundation’s newsletter, please visit http://www.mastercardfdn.org/ Follow the Foundation on Twitter at @MastercardFdn

NB: To avoid missing email communication about your application, please check your spam/junk folder and mark our emails as “not junk”.

How to Apply:

Interested and qualified candidates should:
Click here to apply online

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