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, career growth, and the chance to shape financial governance.
- Other info: Dynamic role with opportunities to collaborate across teams and drive sustainable growth.
- Why this job: Make a real impact in a fast-paced fintech environment while ensuring customer fund safety.
- Qualifications: Senior finance experience in regulated payments or fintech, with strong leadership skills.
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 in London employer: ByteDance
ByteDance is an exceptional employer, offering a dynamic work culture that fosters innovation and collaboration within the Global Payment team. As a Country Finance Director in the UK, you will benefit from a robust financial management framework, ample opportunities for professional growth, and the chance to work with cutting-edge technologies in a fast-paced environment. With a strong commitment to compliance and employee development, ByteDance ensures that its team members are well-equipped to drive sustainable growth while enjoying a supportive and inclusive workplace.
StudySmarter Expert Advice🤫
We think this is how you could land Country Finance Director, UK - Global Payment in London
✨Tip Number 1
Network like a pro! Reach out to folks in the finance and fintech sectors, especially those who have experience with UK regulations. Attend industry events or webinars to make connections that could lead to job opportunities.
✨Tip Number 2
Showcase your expertise! Prepare a portfolio or presentation that highlights your achievements in financial governance and regulatory compliance. This will help you stand out during interviews and discussions with potential employers.
✨Tip Number 3
Practice your pitch! Be ready to explain how your experience aligns with the role of Country Finance Director. Focus on your skills in safeguarding customer funds and managing P&L performance, as these are key for the position.
✨Tip Number 4
Apply through our website! We’ve got loads of resources to help you prepare for interviews and connect with hiring managers. Don’t miss out on the chance to land your dream job with us!
We think you need these skills to ace Country Finance Director, UK - Global Payment in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the role of Country Finance Director. 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 financial management and compliance, and don’t forget to mention your passion for driving sustainable growth in a fintech environment.
Showcase Your Regulatory Knowledge:Since this role involves a lot of regulatory reporting and compliance, make sure to highlight your understanding of the FCA framework and any experience you have with safeguarding customer funds. We love candidates who know their stuff!
Apply Through Our Website:We encourage you to apply directly 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 us you’re keen on joining our team!
How to prepare for a job interview at ByteDance
✨Know Your Numbers
As a Country Finance Director, you'll need to demonstrate your deep understanding of financial metrics. Brush up on key performance indicators relevant to the payments industry, such as P&L management and customer funds safeguarding. Be ready to discuss how you've used these metrics to drive business decisions in your previous roles.
✨Understand Regulatory Requirements
Familiarise yourself with the FCA regulations and compliance standards that govern the UK payments landscape. Prepare examples of how you've ensured compliance in past positions, particularly around regulatory reporting and safeguarding customer funds. This will show your potential employer that you can navigate the complexities of the regulatory environment.
✨Showcase Leadership Skills
This role requires strong leadership and collaboration skills. Think of specific instances where you've successfully built and scaled finance functions or led cross-functional teams. Be prepared to discuss your approach to stakeholder management and how you've influenced senior management decisions with financial insights.
✨Embrace Technology
With the increasing importance of automation and AI in finance, be ready to talk about your experience with implementing new technologies. Highlight any projects where you've adopted innovative solutions to improve financial processes or reporting. This will demonstrate your forward-thinking mindset and adaptability in a fast-paced environment.