Chief Financial Officer

Location London
Discipline: Commercial and Financial
Salary: £120,000
Contact name: David Earles

Contact email: david.earles@tpn.co.uk

About The Company

Our client is the world leader in online travel and related services, provided to customers and partners in over 220 countries and territories through six primary consumer-facing brands. Our client’s mission is to make it easier for everyone to experience the world. During 2019, they had consolidated revenues and net income of $15.1 billion and $4.9 billion, respectively, and a current market value of approximately $60 billion.

About The Opportunity

Our client are looking for a Chief Financial Officer with experience in leading Finance teams within a regulated financial services environment to act as a critical partner to their business, helping to deliver a world-class payments operation to support their brands globally. Leading a small team of finance professionals, the CFO will be directly involved in the day to day operations of the finance team. Reporting to the General Manager, the CFO will be in charge of the financial management and will be the vice-chair of the Executive Committee, as well as being a member of the Statutory Board and various other committees.

Responsibilities

  • Lead a high performing finance team

  • Demonstrating ethical leadership and business integrity

  • Controls all internal financial transactions and prepares, reviews and align financial reports

  • Manages and oversees all money flows that are under the supervision of the business

  • Provides the Executive Committee, Board and the shareholder with current and accurate financial data

  • Manages, oversees and monitors compliant financial reporting and regulatory reporting

  • Recruit and develop a high performing finance team to serve the business

  • Fulfilling stewardship responsibilities by ensuring effective compliance and control and responding to regulatory developments, including financial reporting, capital requirements and corporate responsibility

  • Sharing strategic leadership responsibilities with the CEO and other senior managers and ensuring the finance function supports the business at a strategic and operational level

  • Ensure the timeliness, completeness and accuracy of financial statements in accordance with general accounting and corporate standards

  • Engaging and communicating effectively with colleagues, customers, suppliers, regulators, and other internal and external stakeholders

  • Ensure all payment operations and treasury activities and associated reconciliation controls are completed in a timely and accurate manner

  • Coordinate and manage both Internal and External audit review processes

  • Partner with other group companies to ensure satisfactory delivery of outsourced services

  • Responsible for Statutory, Regulatory and Tax reporting for the business

  • Ownership of Local Accounts Payable and Inter-Company billing processes

  • Budgeting and Forecasting

About The Desired Candidate

  • Academic degree or equivalent level demonstrated in relevant work experience e.g. Institute of Chartered Accountants in England and Wales, Chartered Financial Analyst, Chartered Institute of Management Accountants, Chartered Tax Accountant

  • Knowledge of payments/e-money sector in the UK

  • Knowledge of business development and implementing corporate strategy

  • Knowledge of Financial Reporting Standards (FRS), UK Accounting Principles (UK GAAP) and The International Financial Reporting Standards (IFRS)

  • 12+ years post qualified experience in a managerial capacity

  • Significant experience in senior financial management and proven experience in the role of a CFO, Head of Treasury and/or Group Controller, preferably at regulated payment or e-money licenced institutions in the UK

  • Experience with Financial, Tax and Regulatory Reporting in the UK

  • Good knowledge of MS Office and Financial ERP (SAP) systems

  • Sound track record in the development, mentoring and motivation of finance teams

  • Excellent writing, communication, verbal and written, and organizational skills

  • Eager to learn new technologies and ideas. Comfortable navigating complicated and nuanced issues