Financial jobs in France

Chief Financial Officer (CFO) France – Job Description

(Appointment to this role is subject to internal LAP (Leadership Appointment Process) as the position is Identified Staff (IDS) and to enhanced screening as the position is Integrity Sensitive Position (ISP).

The role reports to the CEO hierarchically and functionally to the EMEA CFO. The role is based in Paris.

Leads a Management Accounting team, Financial Accounting tax team, Procurement team and Portfolio Change Management (currently 4 direct reports) to ensure proper accounting (financial and management), the delivery of adequate financial, regulatory and management analysis tools and reporting, and to ensure an adequate financial control environment; to ensure follow up and control of Change Portfolio Management and procurement policy and controls for the bank. Partners with senior leaders to develop and rollout the organization’s vision and strategy to improve and safeguard financial performance and the integrity of financial statements. Develops, refines, and implements insights, recommendations, processes, controls, reports, and tools to ensure finance delivers to the highest standards. Ensures timely reporting and regular alignment with the Group Finance function, notably for quarterly reporting, budgeting and reforecasting.

The role is a permanent member of the local Management Committee(s), the Change Portfolio Management Committee, and the Local NFR Committee.

The CFO France

• Holds executive responsibility for the Finance, Tax & Procurement domains at the Branch.
• As a permanent member of the local Management Committee, drives the financial strategy and acts as a strategic advisor to the CEO and other executives. This can include leading the strategic planning process itself.
• Uses analytical skills and data-backed insights to influence all material business decisions. Builds credibility to challenge ideas and ground strategic discussions in financial reality.
• Acts as a leader in the organization and is active in Management decisions and discussions.
• Ensures the integrity and accuracy of the Branch’s accounting and financial reporting.
• Ensures alignment with functional and regional requirements and target operating models.
• Ensures local/regulatory requirements are met and information protection, procedures, and practices are in place and adhered to.
• Steers delivery of operational and other activities to ensure they are performed efficiently and under control.
• Supports local change and participates in functionally led change, managing local dependencies, resourcing and risks.
• Maintains relationships with auditors as key counterpart and engages with regulators as required.

Finance

• Coordinates and directs the financial, planning and budgeting activities of the branch under the direction of the Country Manager and the Regional CFO.
• Advises management on short-term and long-term financial objectives, policies, and actions.
• Provides direction and assistance to Department Heads regarding accounting and budgeting policies and procedures, and efficient control and utilization of financial resources.
• Supervises the local Finance and Accounting department of the Bank.
• Supervises the Local Finance Reporting (French Gap).
• Coordinates the Capital Management information.

Tax

• Ensures that the France organization meets its tax obligations in terms of organization, processes, tooling, reporting, and compliance with laws and ING policies.
• Supervises the Tax officer.

Procurement

• Supervises the local Procurement function which assists Business Leaders in purchasing goods or services under the best conditions (quality/price) and ensures ING Bank Procurement Policy is implemented.

• Develops internal control policies, guidelines, and procedures for budget administration, financial accounting and reporting.
• Conducts ongoing monitoring of accounts and financial transactions to ensure compliance with local legislation and IAS/IFRS.

• Reviews monthly results and ensures the implementation of monthly variance reporting.
• Analyzes financial details of past, present, and expected operations to identify opportunities for improvement.
• Develops and maintains financial accounting systems and procedures.
• Develops and maintains local MIS in accordance with local management requirements.
• Evaluates the need for new technology to meet financial data processing, control, and reporting requirements.
• Prepares financial statements, business activity reports, and financial forecasts.

• Prepares financial statements, business activity reports, and financial forecasts regarding the portfolio of the Bank.
• Leads the Change Portfolio Management Committee.

• Identify, develop and recruit staff talent to ensure effective succession to key roles and senior management positions.
• Foster a culture focused on long-term value creation, risk awareness, compliance with ING’s risk appetite, responsible and ethical behavior in line with the “Orange Code” values and behaviors.
• Monitors and evaluates the performance of Finance Department staff.
• Identify training requirements and ensure these are met.

• Actively participate in weekly Management Team Meetings with preparation and the ability to challenge topics beyond finance scope.
• Foster strong collaboration with Management Team Members, providing daily support across both financial and non-financial matters.

• Finance higher certification (Master) and/or professional certifications such as Chartered Accountant / Accounting Expert (expert comptable).
• Broad banking experience including at least 4 years in senior management roles, ideally within wholesale banking.
• Knowledge of French regulatory accounting and tax environments is a plus.
• Proficiency/Knowledge of French GAAP is a plus.
• Strong expertise in Financial Accounting (French GAAP and IFRS), Management Accounting and controls.

The following describe leadership capabilities expected for this role:

• Strategic Thinking: commitment to ING’s purpose and strategy, with clear direction for the future.
• Leading Change: project and transformational leadership.
• Driving Results: set ambitious goals, execute rigorously, and act decisively under pressure.
• Leading People & Building capability: track record of developing people and capabilities.
• Stakeholder Management: engage diverse stakeholders and partner with the French Management team.

• Role model of ING values and behaviors.
• Self-aware, authentic and resilient, able to work with others effectively and drive performance.
• Language skills: French and English Fluent.