Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Join our team to manage cost control processes and financial data analysis.
- Company: Royal Bank of Canada is a leading global bank committed to client success and community impact.
- Benefits: Enjoy flexible work options, competitive pay, bonuses, and a world-class training programme.
- Why this job: Be part of a dynamic team that values collaboration and innovation in finance.
- Qualifications: Must be a qualified accountant with strong analytical skills and experience in financial control.
- Other info: Work in a supportive environment focused on professional growth and community contribution.
The predicted salary is between 36000 - 60000 £ per year.
Cost Control Analyst, CFO Finance Strategic Initiatives
Cost Control Analyst, CFO Finance Strategic Initiatives
Royal Bank of Canada London, United Kingdom
Cost Control Analyst, CFO Finance Strategic Initiatives
Royal Bank of Canada London, United Kingdom Apply now Posted 15 hours ago Permanent Competitive
Cost Control Analyst, CFO Finance Strategic Initiatives
Royal Bank of Canada London, United Kingdom Apply now
Cost Control Analyst, CFO Finance Strategic Initiatives
Job Summary
Job Description
What is the opportunity?
You will be part of UK Cost Control with responsibility for the execution of cost management processes within a robust financial control framework. Your role will include the preparation of accurate financial data, analytics for business decisions and related accounting processes and extracting, standardising and optimising business processes and related reporting within central Cost Control Hub.
RBC\’s expectation is that from mid-September 2025, all employees and contractors will work in the office with some flexibility to work up to 1 day per week remotely, depending on working arrangements.
What will you do?
- Preparation of cost base financial and statistical data in line with financial reporting timelines including data validation, accruals/prepayments/IFRS 16 entries and other cost adjustments
- Actively engage and support the Tax department in the preparation of high risk critical data in relation to Recoverable VAT and Reverse Charge VAT
- Actively identify opportunities to implement change to refine or streamline processes
- Engage in cost initiatives aimed at improved reporting of cost base and driving cost reductions where possible
- Produce appropriate MI to support / influence behaviour change across RBC with respect to the cost base – regular and ad-hoc including trend and variance analysis by business line
- Support Head of Cost Control to develop and maintain adequate controls across all processes
- Manage and review the Fixed Asset Register
- Ensure cost control and transfer pricing processes align appropriately
- Analyse, reconcile and report upon expenses across multiple cost centres within a complex legal entity structure
- Develop, maintain and document effective processes and controls including UK Delegation of Authorities
- Understand the end to end cost base by business platform including data flows, accountabilities, and controls
- Understand the process and principles behind the global cost recharges across business lines and align with Transfer Pricing processes
- Build and maintain robust working relationships with key local and global stakeholders e.g. business managers, function heads, Procurement
- Be an integral part of the Planning and Forecasting process
- Provide support to the Global FSS team for Accounts Payable issues as required; ensuring SLA\’s are met and address local escalated issues.
What do you need to succeed?
Must-have
- Qualified Accountant
- Extensive post qualified experience
- Experience in a financial control environment including cost control
- Autonomous in working; forward thinking to reduce cost base
- High degree of analytics skills with strong attention to detail/accuracy
- Structured and appropriate communication style – oral and written
- Collaborative and with strong influencing skills
- Strong delivery and people management skills
- Strong understanding of debits and credits
- Flexible working style with ability to deal with ambiguity and time pressures.
Nice-to-have
- Audit experience
- IFRS 16 experience and occupancy cost allocations
- Experience of Policy, Procedure & Process Documentation
- Experience of Delegation of Authorities
- Experience of driving periodic budget and forecast
- Microsoft VBA experience
- Experience in managing a team.
What is in it for you?
We thrive on the challenge to be our best – progressive thinking to keep growing and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.
- A comprehensive Total Rewards Program including bonuses, flexible benefits and competitive compensation
- Leaders who support your development through coaching and managing opportunities
- Opportunities to work with the best in the field
- Ability to make a difference and lasting impact
- Work in a dynamic, collaborative, progressive, and high-performing team
- A world-class training program in financial services.
Agency Notice
RBC Group does not accept agency resumés. Please do not forward resumés to our employees, nor any other company location. RBC Group only pay fees to agencies where they have entered into a prior agreement to do so and in any event do not pay fees related to unsolicited resumés. Please contact the Recruitment function for additional details.
Job Skills
Accounting, Accounting Finance, Decision Making, Financial Planning and Analysis (FP&A), Group Problem Solving, Long Term Planning, Organizational Savvy and Politics, Strategic Thinking, Time Management, Waterfall Model
Additional Job Details
Address:
100 BISHOPSGATE:LONDON
City:
London
Country:
United Kingdom
Work hours/week:
35
Employment Type:
Full time
Platform:
OFFICE OF THE CFO
Job Type:
Regular
Pay Type:
Salaried
Posted Date:
2025-07-24
Application Deadline:
2025-08-08
Note : Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
I nclusion and Equal Opportunity Employment
At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.
Join our Talent Community
Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.
Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.
Boost your career
Find thousands of job opportunities by signing up to eFinancialCareers today.
#J-18808-Ljbffr
Cost Control Analyst, CFO Finance Strategic Initiatives | London, UK employer: Royal Bank of Canada
Contact Detail:
Royal Bank of Canada Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Cost Control Analyst, CFO Finance Strategic Initiatives | London, UK
✨Tip Number 1
Familiarise yourself with the latest trends in cost control and financial management. Understanding current best practices will not only help you in interviews but also demonstrate your commitment to staying updated in the field.
✨Tip Number 2
Network with professionals in the finance sector, especially those who work in cost control or similar roles. Attend industry events or join relevant online forums to build connections that could lead to referrals or insider information about the role.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully managed costs or improved financial processes in previous roles. Having concrete stories ready will showcase your experience and problem-solving skills during the interview.
✨Tip Number 4
Research Royal Bank of Canada's culture and values. Tailoring your conversation to align with their mission and demonstrating how you can contribute to their goals will make you a more attractive candidate.
We think you need these skills to ace Cost Control Analyst, CFO Finance Strategic Initiatives | London, UK
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience and skills that align with the responsibilities of a Cost Control Analyst. Focus on your analytical skills, financial control experience, and any specific achievements in cost management.
Craft a Strong Cover Letter: Write a cover letter that clearly explains why you are a great fit for this role. Mention your qualifications as a qualified accountant and your extensive post-qualified experience. Use specific examples to demonstrate your ability to drive cost reductions and improve reporting.
Highlight Relevant Skills: In your application, emphasise your strong attention to detail, structured communication style, and collaborative skills. These are crucial for the role and will help you stand out to the hiring team.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your professionalism and attention to detail, which is essential for a financial role.
How to prepare for a job interview at Royal Bank of Canada
✨Understand the Financial Control Framework
Make sure you have a solid grasp of financial control processes, especially in cost management. Familiarise yourself with IFRS 16 and how it impacts cost reporting, as this will likely come up during your interview.
✨Showcase Your Analytical Skills
Prepare to discuss specific examples where you've used your analytical skills to drive cost reductions or improve reporting. Be ready to explain how you approach data validation and trend analysis.
✨Demonstrate Strong Communication Abilities
Since the role involves collaboration with various stakeholders, practice articulating your thoughts clearly. Highlight your experience in influencing behaviour change through effective communication.
✨Be Ready for Scenario-Based Questions
Expect questions that assess your problem-solving abilities in real-world scenarios. Think about past experiences where you had to manage ambiguity or time pressures, and be prepared to share how you handled those situations.