BBC to recruit new chief financial officer
The BBC has advertised for a chief financial officer to report to Anne Bulford, not long after she joined the BBC to oversee the Finance and Operations division.
Bulford started at the BBC this June in the managing director role, which was described as combining the two posts of chief financial officer (CFO) and chief operating officer, after the departure of previous incumbents Zarin Patel and Caroline Thomson. Appointed directly by BBC director general Tony Hall, her post has a salary of £395,000.
However the BBC recently issued a job advert for a CFO, whose duties include leading "strategic planning and funding of the long term, three-year and annual budget processes". The new recruit will also be "accountable for the financial performance of the BBC against the agreed budget through effective budgeting, forecasting, reporting and control".
A BBC spokeswoman said the vacancy, for which the deadline has now passed, was the result of departmental reorganisation and "will not increase senior manager headcount".
In a statement, the BBC spokeswoman added: "Anne Bulford has responsibility for all the BBC's Finance, Operations, Technology, Legal, Risk and Assurance and Property functions.
"This combines the responsibilities held by Zarin Patel as CFO with many of the responsibilities formerly held by Caroline Thomson as COO. This new role will report to Anne and will consolidate responsibility for a number of the finance functions."
Before Patel left the BBC in June, she was paid an annual total package of £337,000.