Job Description:

Role Title - SVP, Chief Financial Officer – Asia (L15)

COMPANY OVERVIEW:

Synchrony (NYSE: SYF) is a premier consumer financial services company delivering one of the industry’s most complete digitally enabled product suites. Our experience, expertise and scale encompass a broad spectrum of industries including digital, health and wellness, retail, telecommunications, home, auto, outdoors, pet and more.

• We have recently been ranked #2 among India’s Best Companies to Work for by Great Place to Work. We were among the Top 50 India’s Best Workplaces in Building a Culture of Innovation by All by GPTW and Top 25 among Best Workplaces in BFSI by GPTW. We have also been recognized by AmbitionBox Employee Choice Awards among the Top 20 Mid-Sized Companies, ranked #3 among Top Rated Companies for Women, and Top-Rated Financial Services Companies.
• Synchrony celebrates ~52% women talent.
• We offer Flexibility and Choice for all employees and provide best-in-class employee benefits and programs that cater to work-life integration and overall well-being.
• We provide career advancement and upskilling opportunities, focusing on Advancing Diverse Talent to take up leadership roles.

Our Way of Working:

We’re proud to offer you choice and flexibility. At Synchrony, our way of working allows you to have the option to work from home, or at the office premise. Occasionally you may be required to commute to the  office for in person engagement activities,  business or team meetings, training and culture events.

Role Summary

As Synchrony continues upon its strong growth journey, the bank is seeking to appoint a Chief Financial Officer for the India and Philippines entity who possesses the skills and expertise to ensure the entities most optimally positioned to achieve its strategic objectives.

The new CFO will possess the skills and capabilities to act as a key partner to the India and Asia Leadership Team and assist in transforming and growing the company in a sustainable fashion.

The finance organisation represents all the finance functions in India as a part of the financial services and the person will be responsible for FP&A Finance, Controllership, Treasury, Tax, Cash Management, and workforce Budget amongst various things.

Essential Responsibilities

• Act as a strategic business partner to the India and Asia Leadership Teams to drive results, identify opportunities, deliver operational improvement and the financial performance of the business while helping to position the firm for profitable growth.
• Architect the overall financial strategy, drive profitability and pursue capital productivity.
• Will focus on growth and Transformation and will lead functions like FP&A, Tax, Procurement, Treasury, Controllership, Cash Management and Budgeting.
• Provide day to day management and leadership oversight to the finance function for the locations across India and Philippines.
• Coordinate and supervise the day-to-day management of the Treasury, Funding and Tax functions and reporting to regulatory authorities.
• Develop and maintain effective systems of internal financial controls and financial policy.
• Assume all financial reporting, budgeting, and forecasting activities while ensuring the accurate and timely presentation of financial information to manage the business, prepare financial statements and execute growth and cost containment objectives.
• Create a high degree of governance, structure, and robustness around the commercial functions of the business.
• Collaborate with all management colleagues to enhance the application and improvement of financial and operational measurements and analysis across the business while focusing on the key financial metrics and levers in the business.
• Maintains the annual budget and monthly forecast.
• Drive succession planning, talent identification, Diversity, Equity & Inclusion as well as development in partnership with the Head of Human Resources.
• Independent judgment and control over operations. Identification of performance issues, launch and follow up of corrective actions in coordination with the operational managers.
• Constant improvement over billing processes and cash collection.
• Liaising across the C-Suite to continue to develop a culture of trust, transparency, and collaboration.
• Ensure the finance function performs as a commercial partner to the business.
• Through best practice experience, drive innovation across all financial processes, maintaining internal controls while removing inefficiencies to the business.
• Assume primary accountability for optimising the firm’s capital structure and developing and maintaining banking and credit relationships.
• Lead all risk management activities for the company and control the risk environment within the business.

Qualifications

• Over 20 years’ experience in a finance function, with at least 10 years in senior finance leadership positions such as CFO or Head of Finance.
• Previous experience in the Banking or broader Financial Services. Ideally coming from a GCC space.
• Experience leading large teams across finance functions preferably across two locations. 
• Strong command of both the financials and the underlying dynamics of operations. Able to implement high levels of financial discipline, promoting stronger interdependencies and greater discipline around financial control and reporting standards.
• Able to proactively look beyond the numbers, think commercially and tie financial goals to operational and commercial outcomes.
• Experienced in transformational situations involving the rebuilding of finance teams, systems, and processes. 
• Proven track record of business partnership with the ability to influence stakeholders in a global matrix structure
• Excellent communication skills with the intellect, agility, judgment, and independence of thought to motivate and lead a diverse (ethnic, geographic, skills) group of employees.
• Track record of successful interaction with the board, senior management, public market investors, analysts, ratings agencies, and other external stakeholders.

Desired Characteristics

• Strong controllership background. CPA/CA preferred
• Successfully contributed to value creation for a business, with a focus on execution and driving for results.
• Drive and focus to overcome any impediments to growth.
• Commercially astute. Able to proactively look beyond the numbers and think commercially, tying financial goals to operational and commercial outcomes.
• Ability to negotiate deals and lead and deliberate commercials in collaboration with the other Teams.
• Demonstrated participation and success in cross functional and process decision-making.
• Record of successful interaction with the board, senior management, public market investors, analysts, ratings agencies, and other external stakeholders.

Work Timings:

This role qualifies for Enhanced Flexibility and Choice offered in Synchrony India and will require the incumbent to be available between 06:00 AM Eastern Time – 11:30 AM Eastern Time (timings are anchored to US Eastern hours and will adjust twice a year locally). This window is for meetings with India and US teams. The remaining hours will be flexible for the employee to choose. Exceptions may apply periodically due to business needs. Please discuss this with the hiring manager for more details.)

For Internal Applicants:

• Understand the criteria or mandatory skills required for the role, before applying
• Inform your manager and HRM before applying for any role on Workday
• Ensure that your professional profile is updated (fields such as education, prior experience, other skills) and it is 
mandatory to upload your updated resume (Word or PDF format)
• Must not be any corrective action plan (First Formal/Final Formal, LPP)
• L13+ Employees who have completed 18 months in the organization and 12 months in current role and level are 
only eligible.
• L13+ Employees can apply

Job Family Group:

Finance