CFO, Commercial
- London
- Permanent
- Full-time
This Chief Financial Officer (CFO) Commercial reports to the CFO, Commercial and New Payment Flows and will partner with the business and global teams to drive forward and support the business strategy of the Commercial business, which includes Global Corporate Solutions, Small & Medium Enterprises (SME) and Commercial Verticals Sales. The role is tasked with setting the vision and executing strategies to drive new business and financial opportunities for Commercial. This role requires extensive experience leading and delivering financial solutions that adhere to industry standards and best practices. As CFO, Commercial, the incumbent will be responsible for the financial planning and analysis activities, including financial reporting and controls, investment management, support of M&A activities, development of business cases, drive efficiencies, financial processes, planning and objective setting and business partner support.
Role:
- Manage all financial aspects of Commercial business, supporting three strategic areas: Global Corporate Solutions, SME and Commercial Verticals.
- Partner with the business unit leaders and other areas of the company to formulate and implement business unit strategy, evaluate new growth areas, run special projects to advance the strategy, and support Board of Directors reviews
- Lead all financial aspects of M&A activity in Commercial businesses including due diligence, financial modelling, and integration activities
- Lead capital allocation process and development of business cases for organic investments, including technology and product development for new solutions
- Manage financial analyses (e.g., product/customer profitability analysis) related to customer planning activities such as customer contracts and incentives ensuring that business cases for these agreements are financially sound
- Lead budgeting, forecasting and financial reporting. Review and explain significant variances from prior period actuals, budgets, and forecasts
- Work with business unit leaders to set objectives, develop plans and establish KPIs
- Lead the development and implementation of streamlined processes to manage the financial needs of the business function
- Assist in the development, implementation and maintenance of cost-effective controls to promote data integrity and minimize risk (financial, operational, legal, regulatory, etc.)
Leadership Attributes/Qualifications:
- Proven ability to build high performing teams, history of strong leadership, teamwork and the ability to work in a matrixed organization
- Experience in leading a team that is geographically dispersed and to be part of a geographically diverse team
- Fluency in English. Excellent verbal, written and presentation skills - ability to communicate effectively at all levels of the organization
- Demonstrated history of thoughtful risk taking, business acumen, thought leadership, commitment and strong sense of urgency
- Executive presence, ability to influence others and intellectual horsepower
- CPA and/or MBA preferred
- Solid accounting skills, excellent finance skills including modelling and scenario analysis, budget, planning and forecast experience, significant experience in risk management and a solid understanding of the business or demonstrated learning agility are required. Operational experience very desirable.
- International experience in more than one country and be geographically mobile preferred