Accounting and Finance Control Analyst | SCIB

Banco Santander SA; Greater London; On-site; GBP 52,000 - 68,000; Full time

Benefits offered by this job

Discretionary bonus

Pension contributions

Employee discounts portal

Private medical insurance

Life assurance

Holiday entitlement

Job summary

Banco Santander SA in London is seeking an Accounting and Finance Control Analyst to ensure BAU accounting and reporting continuity, oversee staff costs and admin expenses, and maintain controls over invoicing and payment flows within the SCIB function.

You will work with the Head of Accounting and the wider team to deliver timely, accurate financial reporting, support month-end processes, intercompany reporting, and budgeting collaboration with UK stakeholders and Group counterparts.

Qualifications

• Experience in an accounting department and control function.
• Experience of working in a Big Four accounting firm.
• Knowledge of SAP and Equation systems.
• Understanding of treasury/wholesale products including cash and funding instruments, derivatives, equities and bonds.
• Ability to prioritise important tasks and stay organised.
• Excellent written and verbal communication in English.
• Strong IT skills with front office booking systems and MS Office.

Responsibilities

• Support end-to-end payment process for suppliers and payroll.
• Execute financial controls and escalate data issues as needed.
• Record administrative expenses and staff costs (including payroll), VAT and Corporate Tax within the accounting system.
• Provide information to support VAT and Corporate Tax returns.
• Produce P&L reports focusing on staff and admin expenses with commentary on deviations.
• Monitor payable and receivable accounts relating to Santander Group projects.
• Analyse and reconcile current account items and resolve discrepancies.
• Provide financial information for BAU reporting and ad-hoc requests.
• Deliver reporting templates to Group for key processes, including intercompany reporting.
• Support budgeting with UK stakeholders and Group counterparts.

Skills

Accounting experience

Big Four experience

SAP knowledge

Treasury products understanding

Prioritisation

Communication skills

IT proficiency

Education

Accountancy qualification

Degree or equivalent

Tools

SAP

Microsoft Excel

Job description

Accounting and Finance Control Analyst | SCIB Country: United Kingdom

Join our community. Santander Corporate & Investment Banking (SCIB) is Santander's global division that supports some of the world's most complex and sophisticated corporate and institutional clients, offering customised services and value-added wholesale products to best meet their needs.

In this interesting role, you'll ensure the continuity of Business-as-Usual (BAU) accounting and reporting activities, particularly during month-end processes. You'll oversee the accurate registration of administrative expenses and staff costs, while maintaining robust controls over invoicing and payment accounting flows to ensure compliance and financial integrity.

You'll work closely with the Head of Accounting and the wider team to ensure timely, accurate, and well-controlled financial reporting and operational support.

The difference you'll make:

• Supporting the end-to-end payment process for suppliers and payroll, ensuring accuracy and timeliness
• Executing financial controls, identifying data issues, and escalating where appropriate
• Recording administrative expenses (general and staff costs, including payroll), tax (VAT and Corporate Tax), and fees within the accounting system
• Preparing and providing required information to support VAT and Corporate Tax return submissions
• Producing Profit & Loss (P&L) reports, with a focus on staff and administrative expenses, including clear commentary on deviations and variances for management review
• Monitoring and controlling payable and receivable accounts relating to Santander Group projects
• Analysing and reconciling current account items, ensuring timely resolution of discrepancies
• Providing and interpreting financial information for BAU reporting and ad-hoc requests
• Delivering reporting templates to Group for key processes, including intercompany reporting
• Supporting the budgeting process, collaborating with UK stakeholders, Group counterparts, and business representatives

What you'll bring:

Our people are our greatest strength. Every individual contributes unique perspectives that make us stronger as a team and as an organisation. We're enabling teams to go beyond by valuing who they are and empowering what they bring.

The following requirements represent the knowledge, skills, and abilities essential for success in this role.

• Previous experience in an accounting department and control function
• Experience of working in a "Big Four" accounting firm
• Equation and SAP system knowledge
• Knowledge and understanding of treasury/wholesale products and services, including cash and funding instruments, derivatives, equities and bonds
• Inquisitive and organised with the ability to prioritise important tasks
• Ability to communicate, both orally and in written form, in a confident, articulate, structured and coherent manner
• A high degree of IT skills - knowledge of front office booking systems as well as Microsoft software products

It would also be nice for you to have:

• Fluency in Spanish - written and spoken
• Accountancy Qualification or equivalent
• Degree or equivalent in a relevant field

What else you need to know:

This role is based at our offices in Triton Square, London located within easy walking distance from Warren Street and Euston. We want our people to thrive at work and home, and also be able to deliver the best outcomes for our customers and to help each other develop.

Equal Opportunities.

Santander is proud of being an organization where there are equal opportunities regardless of age, gender, disability, civil status, race, religion or sexual orientation. We are committed to providing an inclusive and accessible application process for all candidates.

How we’ll reward you.

Your contribution matters, and it's recognised. You can expect a fair, competitive reward package that reflects the impact you create and the value you deliver.

As well as a salary, we offer a wide range of benefits that you can choose from and tailor to your needs.

• Eligible for a discretionary performance-related annual bonus.
• We put 8% of salary into your pension, even if you don't contribute yourself.
• We'll pay in up to 12.5% of salary, if you contribute as well, and you can take some of our contribution in cash if you prefer.
• 27 days' holiday plus bank holidays, which increases to 28 days after 5yrs service, with the option to purchase up to 5 contractual days per year.
• Free access to a range of digital health services, including GP.
• Protection for you and your family, with company-funded death-in-service benefit and income protection insurance, and the option to take advantage of discounted rates for additional life assurance and critical illness cover.
• 24/7 access to an online employee discount platform including retailers, entertainment, eating out, travel and more.
• Company funded individual private medical insurance.
• Voluntary healthcare benefits at discounted rates such as, dental insurance, and health assessments.
• Share in Santander's success by saving or investing in our share plans.
• Support your favourite causes through charitable giving and our community partnerships.
• Learn more about our benefits and family friendly policies

The Santander Way

Santander is evolving from a global, high-impact brand into a technology-driven organization, and our people are at the heart of this journey.

Together, we are driving a customer-centric transformation that values bold thinking, innovation, and the courage to challenge what's possible.

This is more than a strategic shift. It's a chance for driven professionals to grow, learn, and make a real difference.

Our mission is to contribute to help more people and businesses prosper.

We embrace a strong risk culture and all our professionals at all levels are expected to take a proactive and responsible approach toward risk management.

Ready to make it happen? It starts with you.

It starts here.