At a Glance
- Tasks: Support budgeting, forecasting, and expense control while analysing performance and cost drivers.
- Company: Join BBVA, a global leader with over 160 years of history and diverse teams.
- Benefits: Competitive salary, professional growth, and a chance to work in a dynamic environment.
- Other info: Fluency in English and Spanish is a plus; strong Excel skills are essential.
- Why this job: Make an impact by driving financial decisions and collaborating with international teams.
- Qualifications: Background in finance or business, with experience in cost management and analysis.
The predicted salary is between 50000 - 60000 £ per year.
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.
- Coordinates 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.
Strategic Cost & FP&A Analyst employer: BBVA
At BBVA, we pride ourselves on being an exceptional employer that fosters a dynamic and inclusive work culture, where diverse talents collaborate to drive innovation in the financial sector. Our employees benefit from comprehensive growth opportunities, competitive compensation, and a commitment to work-life balance, all while being part of a global network that values ethical practices and customer orientation. Join us in our UK branch, where your contributions will directly impact our strategic goals and help shape the future of banking.
StudySmarter Expert Advice🤫
We think this is how you could land Strategic Cost & FP&A Analyst
✨Tip Number 1
Network like a pro! Reach out to professionals in the finance and FP&A sectors on LinkedIn. Join relevant groups, engage in discussions, and don’t hesitate to ask for informational interviews. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for those interviews! Research BBVA’s values and recent projects. Be ready to discuss how your skills in budgeting, forecasting, and vendor management can contribute to their goals. Practise common interview questions and have your own questions ready to show your interest.
✨Tip Number 3
Showcase your analytical skills! Bring examples of how you’ve transformed data into actionable insights in past roles. Use specific metrics or outcomes to illustrate your impact. This will help you stand out as a candidate who can drive decision-making.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining the team at BBVA. Let’s get you that Strategic Cost & FP&A Analyst role!
We think you need these skills to ace Strategic Cost & FP&A Analyst
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Strategic Cost & FP&A Analyst role. Highlight your experience in cost management, budgeting, and forecasting processes. We want to see how your skills align with what we're looking for!
Showcase Your Skills:Don’t forget to showcase your advanced Excel skills and any experience with financial systems like SAP or Concur. We love seeing candidates who can transform data into actionable insights, so give us examples of how you've done this in the past.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're excited about the role and how your background in finance or economics makes you a great fit. We want to feel your enthusiasm for joining our team!
Apply Through Our Website:Make sure to apply through our website for the best chance of getting noticed. It’s the easiest way for us to keep track of your application and ensure it gets to the right people. We can't wait to hear from you!
How to prepare for a job interview at BBVA
✨Know Your Numbers
As a Strategic Cost & FP&A Analyst, you'll be expected to have a strong grasp of financial metrics. Brush up on your budgeting and forecasting knowledge, and be ready to discuss how you've used data analysis to drive decision-making in past roles.
✨Showcase Your Excel Skills
Since advanced proficiency in Excel is essential for this role, prepare to demonstrate your skills. Consider bringing examples of complex spreadsheets or analyses you've created, and be ready to explain your thought process behind them.
✨Understand Vendor Management
Familiarise yourself with procurement processes and supplier management policies. Be prepared to discuss any experience you have in coordinating vendor activities and how you ensure compliance with internal policies and legal requirements.
✨Communicate Clearly
Effective communication is key in this role, especially when collaborating with internal teams. Practice articulating your thoughts clearly and concisely, and think about how you can convey complex financial concepts in an understandable way.
