At a Glance
- Tasks: Lead financial strategy and compliance for ByteDance's UK payment operations.
- Company: Join ByteDance, a global leader in innovative payment solutions.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Opportunity to work with cutting-edge technology and drive sustainable growth.
- Why this job: Shape the future of payments while ensuring user security and compliance.
- Qualifications: Senior finance experience in regulated payments or fintech required.
The predicted salary is between 100000 - 150000 £ per year.
About the Team: The Global Payment team of ByteDance provides payment solutions to ensure that our users have a smooth and secure payment experience on ByteDance platforms including TikTok. We are seeking a Chief Financial Officer (CFO) for the UK payment business for our regulated payments/e-money entity. This role will be responsible for establishing a robust financial management framework in collaboration with the group finance team, ensuring full compliance with UK regulatory requirements, and partnering with business leadership to drive sustainable growth. This is a senior role requiring deep expertise in customer funds safeguarding, regulatory reporting, and financial governance within a UK-regulated payments, banking, or fintech environment.
Responsibilities
- Collaborate with HQ team to build the UK finance function, including accounting, treasury, financial reporting, and financial controls, in alignment with group standards.
- Oversee safeguarding of customer funds, ensuring compliance with UK regulatory requirements (e.g. FCA expectations), including reconciliation processes and controls.
- Own regulatory reporting for the UK entity, ensuring accuracy, timeliness, and compliance with applicable regulations.
- Develop and implement entity level financial policies, procedures, and governance frameworks, supporting licensing requirements and ongoing regulatory obligations.
- Provide strategic financial leadership to senior management and Board, translating financial insights into actionable business decisions.
- Help to manage P&L performance, including revenue, operating margin, cost control, transfer pricing, and budgeting processes.
- Partner closely with global finance, treasury, and tax teams to ensure alignment on policies, reporting standards, and key financial assumptions.
- Manage relationships with regulators.
- Collaborate cross-functionally with Legal, Compliance, Risk, and Business teams to support business growth while maintaining regulatory compliance.
Qualifications
Minimum Qualifications:
- Proven experience as a senior finance expert within a UK-regulated payments/e-money institution, bank, or fintech, ideally within a global organisation.
- Strong experience in customer funds safeguarding, reconciliation, and regulatory reporting.
- Demonstrated experience in building and scaling finance functions, with strong collaboration and people management capabilities.
- Prior experience operating at Board or senior management level, with strong stakeholder management skills.
- Strong understanding of financial controls, accounting standards, and regulatory requirements in the UK.
- Detail-oriented, highly organised, and able to manage multiple priorities in a fast-paced environment, with excellent communication skills to clearly explain complex financial topics.
- Experience in implementing automation, with a forward-looking mindset to adopt frontier technologies such as AI.
Preferred Qualifications:
- Bachelor’s degree (or above) in Accounting, Finance, or a related field.
- Professional qualification such as ACCA, ACA, or equivalent.
- Experience working in high-growth or scaling fintech environments.
- Familiarity with FCA regulatory framework.
Country Finance Director, UK - Global Payment employer: ByteDance
Contact Detail:
ByteDance Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Country Finance Director, UK - Global Payment
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and fintech sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching ByteDance and its payment solutions. Understand their regulatory environment and be ready to discuss how your experience aligns with their needs. Practise common interview questions and think of examples that showcase your expertise in financial governance and compliance.
✨Tip Number 3
Showcase your skills through online platforms! Consider creating a LinkedIn profile that highlights your achievements in finance, especially in regulated environments. Share articles or insights related to customer funds safeguarding and regulatory reporting to position yourself as a thought leader.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Tailor your CV and cover letter to reflect the specific requirements of the Country Finance Director role, emphasising your experience in building finance functions and managing regulatory compliance.
We think you need these skills to ace Country Finance Director, UK - Global Payment
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Country Finance Director role. Highlight your experience in UK-regulated payments and any relevant financial governance expertise. We want to see how your background aligns with our needs!
Craft a Compelling Cover Letter: Your cover letter should tell us why you're the perfect fit for this role. Share specific examples of your achievements in safeguarding customer funds and regulatory reporting. Let your personality shine through while keeping it professional!
Showcase Your Leadership Skills: As a senior role, we’re looking for someone who can lead and inspire. Use your application to demonstrate your experience in managing teams and collaborating with stakeholders. We want to know how you’ve driven growth in previous roles!
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at StudySmarter!
How to prepare for a job interview at ByteDance
✨Know Your Numbers
Make sure you’re well-versed in the financial metrics relevant to the role. Brush up on your understanding of P&L performance, customer funds safeguarding, and regulatory reporting. Being able to discuss these topics confidently will show that you’re not just familiar with the theory but can apply it practically.
✨Understand Regulatory Requirements
Familiarise yourself with the FCA regulations and compliance standards that govern the UK payments landscape. Be prepared to discuss how you’ve navigated these in past roles, as this will demonstrate your expertise and readiness to tackle the challenges of the position.
✨Showcase Your Leadership Skills
This role requires strong leadership capabilities, so think of examples where you’ve successfully led teams or projects. Highlight your experience in building finance functions and managing stakeholders, as this will illustrate your ability to drive sustainable growth within the organisation.
✨Prepare for Scenario Questions
Expect questions that ask how you would handle specific situations, such as a compliance issue or a financial discrepancy. Practising your responses to these scenarios will help you articulate your thought process and decision-making skills effectively during the interview.