Job Description

Job title: Chief Financial Officer
Accountable for: Finance, Procurement & Commercial, Technology Products & Operations across TfL
Reports to: TfL Commissioner
Contract Permanent - Full time
Location: Palestra (Southwark) with 50% hybrid working
Max salary: 300,000
London's transport system plays a vital role in the lives of millions and Transport for London (TfL) is globally recognized as one of the most successful integrated transport authorities. Known for its innovative approach to understanding customer needs, delivering high-quality services and forming strategic partnerships, TfL consistently maximizes value for both stakeholders and consumers.
With an annual income of approximately 9.6 billion and capital expenditure of around 1.9 billion, TfL operates at the scale of a FTSE 100 company, facilitating over 30 million journeys daily across its extensive network.
Now in a more stable position than in previous years, TfL is focused on maintaining a sustainable operating surplus, investing in long-term improvements, enhancing efficiency and service delivery, and refining its internal operations. This creates an exciting opportunity for new Chief Finance Officer to take on roles with broad scope and significant influence over the future of the organisation and its impact on London and its residents.
The Chief Finance Officer (CFO) at Transport for London (TfL) is responsible for overseeing the organisation's budget to ensure sustainable funding for its short-, medium- and long-term goals, including the delivery of the Mayor's Transport Strategy. The CFO ensures financial stewardship across TfL's business plan and Investment Programme and leads the Procurement & Commercial, Technology Products, and Operations functions. The role also plays a key part in shaping TfL's Technology and Revenue Strategy.
As a member of TfL's Executive Committee and the Commissioner's leadership team, the CFO shares collective accountability for strategic decision-making and the overall management of TfL.
Key Accountabilities include:

• Lead financial planning and analysis to inform TfL's strategic decisions.
• Secure multi-year funding to support long-term financial sustainability.
• Oversee the financial aspects of the TfL business plan in collaboration with the Chief Customer & Strategy Officer.
• Build and maintain relationships with financial institutions, rating agencies, and major businesses.
• Provide strategic direction for Procurement & Commercial, ensuring robust governance and standards.
• Co-develop the Technology Strategy, ensuring resilient tech solutions and cost-efficient operations.
• Champion TfL's values, drive positive change and foster an inclusive, high-performing culture.
• Represent TfL to stakeholders, media and the public as needed.

For more information and how to apply:
For a more detailed version of the advert, essential criteria, candidate pack and a provisional interview schedule, please email: TalentAcquisitionandExecutiveRecruitment@tfl.gov.uk
Closing date: Thursday 2 October 2025
Additional Information
Equality, diversity and inclusion:
We are committed to equality, diversity and inclusion. We want to represent the city we serve, which will help us become a more innovative and efficient organisation. Our goal is to make our recruitment as inclusive as possible. We are a disability confident employer who guarantee an interview to any disabled candidate who meets all of the essential criteria. Please request the candidate pack via email above for detailed list of essential criteria.
NPL Applications:
Applications to internally advertised roles can only be accepted from temporary workers who are on PAYE terms via agency, or PAYE via Umbrella Companies. Temporary workers who are paid through their own limited companies are not covered by the Agency Worker Regulations and are ineligible to apply.
NPL members of staff are not eligible to apply to secondment opportunities.

Skills Required