At a Glance
- Tasks: Support budgeting, expense control, and vendor management while driving data-driven decisions.
- Company: Join BBVA, a global leader with over 160 years of history and diverse teams.
- Benefits: Competitive salary, career growth, and the chance to work in a dynamic environment.
- Other info: Ideal for those looking to kickstart their career in a supportive and innovative company.
- Why this job: Make an impact in finance while collaborating with talented professionals across the globe.
- Qualifications: Background in finance or business, with skills in Excel and financial analysis.
The predicted salary is between 45000 - 55000 £ per year.
Excited to grow your career? BBVA is a global company with more than 160 years of history that operates in more than 25 countries where we serve more than 80 million customers. We are more than 121,000 professionals working in multidisciplinary teams with profiles as diverse as financiers, legal experts, data scientists, developers, engineers and designers.
About the job:
- Supports expense control, budgeting, and forecasting processes, providing detailed analysis and monitoring performance against budget to identify variances and cost drivers.
- Collaborates with internal teams to ensure alignment with Group standards and contributes to data‑driven decision‑making.
- Coordinate supplier management and invoicing processes, ensuring compliance with internal policies, legal requirements, and proper vendor onboarding and validation.
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.
Academic Background: Finance, Business Administration, Economics or Law.
Professional Experience:
- Cost management / FP&A / financial controlling.
- Budgeting and forecasting processes.
- Variance analysis and expense monitoring.
- Vendor management and procurement processes.
Languages: Spanish and English.
Skills:
- Advanced proficiency in Excel (essential), Access, Google suite (essential), Financial systems/ERP (SAP, Concur) and Reporting tools (Power BI, Tableau, Microstrategy).
- Strong understanding of budgeting and forecasting cycles, procurement and supplier management policies, 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.
Please note that priority will be given to candidates who are eligible to work in the UK.
Cost Management - CIB Finance employer: BBVA
BBVA is an exceptional employer that fosters a dynamic and inclusive work culture, where diverse professionals collaborate to drive innovation in finance. With a strong commitment to employee growth, BBVA offers extensive training and development opportunities, ensuring that you can advance your career while contributing to meaningful financial solutions. Located in the UK, you will benefit from a vibrant work environment that encourages teamwork and data-driven decision-making, making it an ideal place for those looking to make a significant impact in the financial sector.
StudySmarter Expert Advice🤫
We think this is how you could land Cost Management - CIB Finance
✨Tip Number 1
Network like a pro! Reach out to people in your field, especially those already working at BBVA. A friendly chat can open doors and give you insider info on the company culture and what they really look for in candidates.
✨Tip Number 2
Prepare for interviews by practising common questions related to cost management and financial analysis. We recommend using the STAR method (Situation, Task, Action, Result) to structure your answers and showcase your skills effectively.
✨Tip Number 3
Showcase your analytical skills! Bring examples of how you've used data to drive decisions in past roles. This will resonate well with the hiring team, especially since they value data-driven decision-making.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in joining BBVA and are proactive about your job search.
We think you need these skills to ace Cost Management - CIB Finance
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that match the job description. Highlight your background in finance, budgeting, and vendor management to show us you’re the right fit for the role.
Craft a Compelling Cover Letter:Use your cover letter to tell us why you’re excited about this opportunity at BBVA. Share specific examples of how your experience aligns with the responsibilities mentioned in the job description.
Showcase Your Analytical Skills:Since this role involves a lot of data analysis, make sure to mention any relevant tools you’ve used, like Excel or Power BI. We want to see how you can turn data into actionable insights!
Apply Through Our Website:Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensure you’re considered for the role. We can’t wait to hear from you!
How to prepare for a job interview at BBVA
✨Know Your Numbers
Make sure you brush up on your financial knowledge, especially around budgeting and forecasting. Be ready to discuss how you've handled expense control in the past and any specific tools you've used, like Excel or Power BI.
✨Showcase Your Analytical Skills
Prepare examples that highlight your analytical and problem-solving abilities. Think of situations where you identified key cost drivers or explained variances in budgets. This will demonstrate your capability to transform data into actionable insights.
✨Understand Vendor Management
Familiarise yourself with procurement processes and supplier management policies. Be prepared to discuss your experience with vendor onboarding and invoicing, as this is a crucial part of the role.
✨Cultural Fit Matters
BBVA values empathy, ethics, and innovation. Think about how you can demonstrate these qualities during your interview. Share experiences that reflect your customer orientation and proactive thinking to show you're a great fit for their team.
