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Embark on a transformative journey with Barclays as a Strategic Cost Lead VP. Your role will be to provide financial expertise and support to specific business units or departments within the organization, and act as a liaison between the finance function and various business units, helping to bridge the gap between financial data and business decisions. You will lead strategic cost management for USCB by delivering robust financial analysis, forecasting, and insights that enable informed decision-making and cost optimization. Act as a trusted advisor to senior business leaders, ensuring alignment between financial performance and strategic objectives.
Job Responsibility:
Development and implementation of business unit financial strategies, plans and budgets, using insights to evaluate the financial implications of strategic initiatives and recommend appropriate actions
Development of financial models to forecast future performance, assess investment opportunities, and evaluate financial risks for business units, and to analyse the impact of business decisions on financial performance and provision of recommendations
Cross functional collaboration to provide financial insights and guidance to business unit stakeholders
Identification of opportunities and implementation of financial process improvements that streamline financial operations
Support to business units in identification, assessment, and mitigation of financial risks, including provision of training and guidance to business units on financial risk management and compliance practices
Analysis and presentation of financial data to provide insights into business performance, identify trends, and support decision-making
To contribute or set strategy, drive requirements and make recommendations for change
Plan resources, budgets, and policies
manage and maintain policies/ processes
deliver continuous improvements and escalate breaches of policies/procedures
If managing a team, they define jobs and responsibilities, planning for the department’s future needs and operations, counselling employees on performance and contributing to employee pay decisions/changes
Advise key stakeholders, including functional leadership teams and senior management on functional and cross functional areas of impact and alignment
Manage and mitigate risks through assessment, in support of the control and governance agenda
Demonstrate leadership and accountability for managing risk and strengthening controls in relation to the work your team does
Demonstrate comprehensive understanding of the organisation functions to contribute to achieving the goals of the business
Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategies
Create solutions based on sophisticated analytical thought comparing and selecting complex alternatives
Adopt and include the outcomes of extensive research in problem solving processes
Seek out, build and maintain trusting relationships and partnerships with internal and external stakeholders in order to accomplish key business objectives, using influencing and negotiating skills to achieve outcomes
Requirements:
Experience working independently in highly dynamic environment
A deep understanding of corporate finance, P&L, and balance sheet analysis
The ability to communicate complex financial insights to non-financial stakeholders
Experience working with and influencing stakeholders around the bank
Nice to have:
Exceptional organization and attention to detail
The ability to translate detailed financial data into strategic insights
Advanced proficiency in Microsoft Excel and PowerPoint
experience with data management tools (Power BI, Tableau, Alteryx, Hyperion Essbase) preferred
Familiarity with digital and technology-driven finance solutions
What we offer:
Structured approach to hybrid working
Supportive and inclusive culture and environment
Commitment to flexible working arrangements
Opportunity to embrace mobility and explore every part of our operations as you build your career
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