At a Glance
- Tasks: Support expense control and financial processes while enhancing efficiency across the branch.
- Company: BBVA, a global leader with over 160 years of history and a diverse workforce.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Opportunity to work in a collaborative environment with excellent career growth.
- Why this job: Join a multidisciplinary team and make a real impact on financial decision-making.
- Qualifications: 3+ years in cost management or finance, with strong analytical skills.
The predicted salary is between 45000 - 55000 £ per year.
BBVA is a global company with more than 160 years of history and operates in more than 25 countries, serving over 80 million customers. The Finance team at BBVA London is a multidisciplinary unit responsible for safeguarding financial integrity, strategic planning, and regulatory compliance. Within Finance, the Cost Management team strengthens expense governance, enhances efficiency, and supports informed decision making at both local and corporate levels.
Responsibilities
- Reporting to the UK Cost Manager, this role supports expense control, financial processes, and efficiency initiatives across the branch.
- Support the annual budgeting and periodic forecasting processes from an expense perspective.
- Produce detailed expense analysis to support senior management decision-making.
- Monitor and analyze expense performance against budget and forecasts, identifying variances and key cost drivers.
- Coordinate with Madrid-based expense teams (CIB and Holding) to ensure alignment with Group standards and policies.
- Lead vendor management and procurement activities, coordinating sourcing processes and supplier follow-up.
- Act as the entry point for supplier invoicing, ensuring proper receipt, validation, and processing of invoices.
- Monitor supplier management activities, ensuring proper onboarding and approval of vendors.
Qualifications
- Academic background: Finance, Business Administration, Economics, or Law.
- +3 years of relevant experience in cost management, FP&A, financial controlling, budgeting and forecasting, variance analysis, and expense monitoring.
- Experience in vendor management and procurement processes.
- Proficiency in Spanish and English.
Key Competencies and Skills
- Advanced proficiency in Excel (essential), Access, and Google Suite (essential).
- Experience with financial systems/ERP such as SAP, Concur and reporting tools (Power BI, Tableau, Microstrategy).
- Strong understanding of budgeting and forecasting cycles, procurement and supplier management policies, and cost control frameworks.
- Ability to transform data into actionable insights for decision-making.
- Strong analytical and problem-solving skills; ability to identify key cost drivers and explain variances.
- Client orientation, empathy, ethics, innovation, proactive thinking.
Eligibility
- Priority will be given to candidates eligible to work in the UK.
Cost Management - CIB Finance in London employer: BBVA RED EXTERIOR DE OFICINAS
BBVA is an exceptional employer that fosters a dynamic and inclusive work culture in the heart of London, offering employees the opportunity to engage in meaningful financial management roles. With a strong emphasis on professional growth, employees benefit from comprehensive training programmes and collaborative projects that enhance their skills and career trajectories. The company's commitment to innovation and efficiency, combined with its global presence, ensures that team members are part of a forward-thinking organisation dedicated to excellence in finance.
Contact Details:
BBVA RED EXTERIOR DE OFICINAS Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Cost Management - CIB Finance in London
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We think you need these skills to ace Cost Management - CIB Finance in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to BBVA RED EXTERIOR DE OFICINAS.
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Research and Reflect:Before hitting that 'apply' button on BBVA RED EXTERIOR DE OFICINAS's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at BBVA RED EXTERIOR DE OFICINAS
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with BBVA RED EXTERIOR DE OFICINAS.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at BBVA RED EXTERIOR DE OFICINAS will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former BBVA RED EXTERIOR DE OFICINAS employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
