Horn has served as the Academy’s controller since he joined in 2001 and since that time has managed the organisation’s daily financial activities.

He was involved in contract negotiations with the ABC Television Network and the CIM Group and oversaw the $35m bond offering on the Academy’s Pickford Center in Hollywood as well as two subsequent refinancing efforts.

In his new post Horn will help set the strategic vision for the Academy’s financial affairs while continuing to oversee their daily administration. He will be responsible for the finances of the Academy and its foundations, which hold the assets of the Margaret Herrick Library, the Academy Film Archive, the science and technology council and the Academy Museum Of Motion Pictures. For the Academy Museum, Horn will oversee all non-fundraising financial matters.

“Andy is an exceptional executive and an outstanding financial strategist,” said Academy CEO Dawn Hudson, to whom Horn will report. “Over the years, his skills and expertise have earned him the respect of the Board, and he has led us in uncertain economic times to an even more secure place from which we can continue to grow and prosper.”

Prior to joining the Academy staff Horn spent seven years at PricewaterhouseCoopers, where his audit clients included the Academy.