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Group Finance Director


Salary £excellent + Car Allowance + Bonus + LTIP + Executive Benefits Package


Parkinson Lee Executive Search are the retained partner to Tenet in the appointment of a Group FD.

Employing around 280 people, and with a turnover of circa £160 Million, Tenet is the fourth largest independent investment advisor support network in the UK, and the largest UK Whole of Market Operator.

The business has gone through a period of significant re-organisation and alignment over the last 18 months and now operates across three services lines.

Tenet Network Services (TNS) supports a network of approximately 1250 advisors across the UK. In addition, Tenet Compliance Services (TCS) provides services to c directly authorised firms. Lastly, Tenet & You (T&Y) is a financial advisory business with employed advisors with approximately £600m assets under management.

Tenet have a highly engaged, experienced & successful leadership team in place and a clearly defined strategy which is currently being executed. The business is poised for significant investment and substantial exponential growth both organically, and via acquisition, over the next 3-5 years.

The current Group Finance Director is emigrating overseas which means an opportunity now exists for a new Group Finance Director to join the board.

Reporting to and working closely with the CEO and wider executive team, you will contribute to the creation of a sound and appropriate corporate culture whilst also contributing to the successful delivery of planned results, both operationally and financially.

Leading a team of 42 across Finance and IT, you will deliver effective strategic direction and operational efficiency in relation to:

  • Group strategic plan
  • Corporate Development
  • Shareholder and Stakeholder relations
  • Achievement of financial and operational plans

Key accountabilities will include:

  • Responsibility for the firm's performance of its obligations under the FCA's Senior Managers Regime
  • Overall responsibility for the firm's compliance to financial standards
  • Group strategy and implementation
  • Business Continuity Planning
  • Corporate Planning / Development
  • Financial Planning and Performance of the Group
  • Financial reporting and statutory accounting for the Group
  • Regulatory capital reporting
  • IT Strategy & Cyber Security oversight
  • Member support and payment services oversight
  • Effective management and oversight of Support Functions
  • Management of liquidity position
  • Taxation calculation and payment
  • Effective Executive and Stakeholder management
  • Budget management

The successful candidate will be a qualified Finance Executive with previous experience of operating in a number 1 finance position within a regulated environment. We are looking for individuals with confidence, energy and drive, and someone that will put the needs of the overall business above their individual responsibilities.

Skills required include:

  • Experience of working within the UK financial services sector
  • Board Level experience within an SME or senior manager within a large organisation
  • Qualified Accountant (ACCA/CIMA/ICAEW) any additional qualifications (ACII / FCII) would be highly desirable
  • Business Financial management and Operational management experience
  • Strategic planning and implementation experience
  • Experience of general staff management and managing teams to achieve regulatory outputs, procedures and measures
  • Experience of Life Investment Fund Industries, mortgage, financial and prudential regulations would be advantageous

The ideal candidate will be based within commutable distance of Tenet's Leeds Head Office; however we would also consider applications from individuals willing to spend 2-3 days a week in Leeds and live further afield.

Salary £excellent + Car Allowance + Bonus + LTIP + Executive Benefits Package

This is an outstanding career opportunity which will play a pivotal role in the continued success and substantial growth of the business. For a confidential discussion or to express your interest, please do not hesitate to contact Lee Bhandal at Parkinson Lee on 07590 529274, or alternatively email him at