Chief Financial Officer (CFO) in London

The chief finance officer function has overall responsibility and management of the financial resources of the firm, including reporting directly to the governing body of the firm in relation to its financial affairs. Working closely alongside the CEO and COO, the CFO has overall responsibility for management of the firm's financial resources and the production and integrity of the firm's statutory and management financial information and all aspects of regulatory reporting in line with responsibilities of the Senior Managers Regime. They will be a member of the Executive Committee, defining, leading and organising the budget process and working closely with the CEO to develop, design and deliver the Financial Business Plan. They are also responsible for managing the finance and accounting department on behalf of the Amundi Group UK entities.

Prescribed Responsibilities

• Managing the firm’s internal stress-tests & ensuring the accuracy & timeliness of information provided to the FCA for the purposes of stress-testing.
• As SMF 2 with the FCA and SAO with HMRC, the CFO is responsible and accountable for the finance function of Amundi UK Ltd.
• Acting as strategic business partner to senior executive leadership team by assessing and evaluating financial performance of the organization with regard to long-term operational goals, budgets and forecasts.
• Provide insight and recommendations to both short-term and long-term growth plan of organization.
• Participate in pivotal decisions as they relate to strategic initiatives and operational models.
• Interact with and bring department in line with Board of Directors' plans, initiatives and recommendations.
• Being the local representative of the Finance business line of Amundi group and ensuring the coordination between the group procedure and local needs from a regulatory perspective and/or internal organisation.
• Finance project leader at the UK level on all extraordinary transactions (corporate restructuring, M&A) involving entities in the UK financial control activities.

Oversee the operational function within Finance, including:

• Managing Accounts Payable (AP), ensuring purchase and payment controls are adhered to and suppliers are paid correctly and on time.
• Managing Accounts Receivable (AR), ensuring billing information is correct, invoices are sent promptly, and ensuring that the credit control function is effective.
• Ensuring that activities from the AP and AR functions are properly recorded into the accounting system.
• Overseeing monthly maintenance of Amundi UK Ltd fixed asset register.
• Ensure all records are kept and held per statutory requirements.
• Continuous monitoring and improvement of operational processes, ensuring these are properly documented and communicated to relevant stakeholders e.g. the Finance team, Senior Management, etc.
• Financial control of all costs and revenues for the entities, ensuring compliance.

Supplementary Information Reporting activities

• Month-end reporting: Managing the production of period-end accounts, including their submission to Paris Head Office within the deadlines set by Paris. Ensure relevant accounting, statutory and regulatory standards have been adhered to.
• Management reporting: Produce management reporting on a monthly basis to senior management, including trend, variance and KPI analysis.
• Budgeting and Forecasting: Managing the annual Budget and quarterly Re-Forecast process in terms of production of numbers and timely submission to Paris, coordinating with appropriate departmental heads. Ensure that key messages are highlighted to the Management.

Regulatory activities

The CFO is to ensure that all financial regulation is adhered to with regards to corporate finance and accounting, focusing on the following areas:

• FCA financial reporting
• UK statutory reporting
• VAT and Corporation Tax reporting and payments.

Management activities

• To monitor resourcing requirements for the department, and manage team-members in terms of monitoring support and training to perform responsibilities and career development.
• To keep technically up to date on all accounting, tax and regulatory reporting issues relevant to the position.
• Ensuring that effective finance procedures are in place, updated and followed.

Qualifications

• Postgraduate degree - MA/MSc/PhD/Doctorate or equivalent Academic qualification / Speciality.
• Professional accountancy qualification: ACA, ACCA or CIMA (or equivalent).
• Significant asset-management finance experience: ~8-12 years overall with 3-5+ years in senior finance leadership (Head of Finance / CFO / FD).
• Formal risk/compliance or programme-delivery experience.
• Proven governance & internal controls experience (external audit liaison, risk frameworks).
• Transactional experience: M&A.
• Treasury & liquidity management experience.
• Experience at larger asset managers or complex product ranges (equities, FI, alternatives).
• Full P&L ownership and finance oversight for a business of ~200 staff.
• Managing and contracting external fund administrators, custodians, prime brokers and other service providers.
• Owning board, ExCo and parent entity reporting.
• Building scalable finance processes and controls to support growth or exit.
• Delivering finance transformation / systems implementations and remediating audit findings.
• Regulated-firm knowledge: FCA regulatory framework including SM&CR and regulatory reporting.
• Technical statutory reporting expertise: UK GAAP & IFRS experience for investment entities.
• Corporate tax knowledge (VAT, CT and additional areas under the SAO regime).
• Fund accounting / valuation familiarity: NAV processes, pricing and valuation controls.
• Strong stakeholder and people-management skills; ability to satisfy FCA fit-and-proper checks.

Technical Skills Required

• Investment industry credentials: CFA, CAIA or IMC.
• Fund/accounting systems familiarity: SimCorp, Advent/Geneva, Aladdin, eFront or similar; ERP experience (NetSuite, Oracle, SAP).
• Reporting & analytics skills: Power BI/Tableau, advanced Excel; basic SQL/Python a plus.
• Fund tax / cross-border structuring knowledge.

Amundi, the leading European asset manager, ranking among the top 10 global players, offers its 100 million clients - retail, institutional and corporate - a complete range of savings and investment solutions in active and passive management, in traditional or real assets. This offering is enhanced with IT tools and services to cover the entire savings value chain. A subsidiary of the Crédit Agricole group and listed on the stock exchange, Amundi currently manages close to €2.3 trillion of assets. With its six international investment hubs, financial and extra-financial research capabilities and long-standing commitment to responsible investment, Amundi is a key player in the asset management landscape. Amundi clients benefit from the expertise and advice of 5,500 employees in 35 countries. Amundi, a trusted partner, working every day in the interest of its clients and society.