Cost Management - CIB Finance at BBVA in London, England, GB

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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.

The Finance team at BBVA London is a multidisciplinary unit responsible for safeguarding the financial integrity, strategic planning, and regulatory compliance of the UK branch. We act as a key partner to the business, ensuring that Corporate & Investment Banking (CIB) activities operate within a robust financial and control framework.

Within Finance, the Cost Management team plays a critical function in strengthening expense governance, enhancing efficiency, and supporting informed decision-making at both local and corporate levels. The position works in close alignmentnwith Head Office in Madrid and collaborates across business and support functions in the UK.

About the job:

Job description (short version):

• 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.

Job description (extended):

• 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.

What are we looking for?

Academic Background in Finance, Business Administration, Economics or Law.

Professional Experience: +3 years of relevant experience in:

• Cost management / FP&A / financial controlling.
• Budgeting and forecasting processes.
• Variance analysis and expense monitoring.
• Vendor management and procurement processes.

Languages:

• Spanish and English.

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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.

Skills:

Client Orientation, Empathy, Ethics, Innovation, Proactive Thinking