Cost Control analyst (contract)

Summary: The Cost Control Analyst will be integral to the UK Cost Control team, focusing on executing cost management processes within a financial control framework. Responsibilities include preparing financial data, supporting tax-related initiatives, and optimizing business processes. The role requires collaboration with various stakeholders to enhance reporting and drive cost reductions. A qualified accountant with strong analytical skills is essential for success in this position.

Key Responsibilities:

• Preparation of cost base financial and statistical data in line with financial reporting timelines including data validation, accruals/prepayments/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
• Lead NIE related initiatives with regard to the legal entity restructure as a result of Brexit
• 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 the bank 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
• 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, controls and 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.

Key Skills:

• Qualified Accountant
• Experience of financial accounting control environment
• 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.

Salary (Rate): undetermined

City: London

Country: United Kingdom

Working Arrangements: Hybrid

IR35 Status: undetermined

Seniority Level: undetermined

Industry: Other