Financial Control & Analysis - Cost Control, Associate

Banco Santander SA; New York (NY); On-site; USD 115,000 - 145,000; Full time

Job summary

Banco Santander is seeking an experienced Financial Control & Analysis Associate in the United States to support budgeting, cost management, and performance analysis across the organization.

You will partner with Front Office and Corporate teams, drive variance analysis, improve reporting processes, and develop financial models to enable informed decision-making under tight deadlines. The role requires 5+ years in finance, strong Excel, Power BI, SAP experience, and fluent Spanish.

Qualifications

• Bachelor’s degree in finance, accounting, economics, business administration, or related field is required.
• Master’s degree or equivalent postgraduate qualification preferred.
• 5+ years of experience in Finance, FP&A, Financial Control, Accounting, or Internal Audit.
• Fluent Spanish is required.
• Advanced proficiency in Microsoft Excel.
• Experience with BI tools like Power BI or Business Objects.
• Experience with SAP or other ERP systems.
• Strong financial modeling and data consolidation skills.
• Excellent communication and presentation skills.

Responsibilities

• Lead and manage the annual budgeting process and monthly forecasting activities.
• Monitor, control, and analyze operating expenses, identifying risks, opportunities, and cost optimization initiatives.
• Perform financial analysis, including profitability analysis, trend analysis, and KPIs.
• Prepare variance analyses and explain performance versus Budget, Forecast, and Prior Year.
• Monitor budget execution and ensure financial governance and cost control.
• Consolidate, validate, and analyze financial information from multiple systems and ERP platforms.
• Prepare recurring and ad hoc financial reports for management decision-making.
• Monitor and validate cost allocations across Legal Entities and Lines of Business.
• Support and monitor cost-saving initiatives and efficiency programs.
• Develop and maintain financial models to support planning and forecasting.
• Collaborate with Finance and business stakeholders to improve reporting and data quality.
• Ensure timely delivery of financial information with high accuracy and data integrity.

Skills

Advanced Excel

Financial analysis

Communication skills

Data interpretation

Education

Bachelor's degree in finance, accounting, economics, business administration, or related field

Master’s degree or equivalent postgraduate qualification

Tools

Power BI

Business Objects

SAP

Job description

Financial Control & Analysis - Cost Control, Associate Country: Vereinigte Staaten

It Starts Here: Santander is a global leader and innovator in the financial services industry and is evolving from a high-impact brand into a technology-driven organization. Our people are at the heart of this journey and 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. If you are interested in exploring the possibilities We Want to Talk to You!

The Difference You Make:

The Financial Control & Analysis Associate plays a key role in supporting financial planning, cost management, and business performance analysis across the organization. This position partners closely with Front Office business developers and multiple support functions, maintaining continuous interaction with FP&A, Accounting, Accounts Payable, People & Culture, and other corporate teams. The successful candidate will combine strong analytical capabilities with excellent communication and presentation skills, demonstrating a proactive mindset, attention to detail, and a strong focus on execution. This role requires the ability to manage multiple priorities, work under tight deadlines, and effectively support business decision-making in a dynamic environment.

Key Responsibilities

• Lead and support the annual budgeting process and monthly forecasting activities.
• Monitor, control, and analyze operating expenses, identifying risks, opportunities, and cost optimization initiatives.
• Perform financial analysis, including profitability analysis, trend analysis, and key performance indicators.
• Prepare insightful variance analysis and explain financial performance versus Budget, Forecast, and Prior Year.
• Monitor budget execution and ensure appropriate financial governance and cost control.
• Consolidate, validate, and analyze financial information from multiple systems, databases, and ERP platforms.
• Prepare recurring and ad hoc financial reports to support management decision-making.
• Monitor and validate cost allocations across Legal Entities and Lines of Business, ensuring accuracy and consistency.
• Support and monitor the execution of cost-saving initiatives and efficiency programs.
• Develop and maintain financial models to support planning, forecasting, and business analysis.
• Partner with Finance and business stakeholders to improve reporting processes, enhance data quality, and identify automation opportunities.
• Ensure timely delivery of financial information while maintaining a high level of accuracy and data integrity.

What You Bring:

• To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.
• The requirements listed below are representative of the knowledge, skill, and/or ability required.
• Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
• Education: Bachelor’s degree in finance, Accounting, Economics, Business Administration, or a related field (required).
• Master’s degree or equivalent postgraduate qualification (preferred).
• Professional Experience: 5+ years of experience in Finance, FP&A, Financial Control, Accounting, or Internal Audit (Required).
• Language: Fluent Spanish (required).
• Hard Skills: Advanced proficiency in Microsoft Excel.
• Experience with Business Intelligence tools (Power BI, Business Objects or similar).
• Experience working with SAP and/or other ERP systems.
• Strong financial modeling and analytical skills.
• Ability to collect, consolidate, and interpret data from multiple financial systems.
• Soft Skills: Strong analytical, problem-solving, and critical-thinking skills.
• Excellent verbal and written communication skills, with the ability to present complex financial information clearly to both finance and non-finance stakeholders.
• Highly organized, detail-oriented, and capable of managing multiple priorities simultaneously.
• Proven ability to work under pressure and consistently meet challenging deadlines.
• Fast learner with a proactive attitude and a continuous improvement mindset.
• Adaptability to rapidly changing business environments.
• Strong focus on delivery, execution, and accountability.
• Ability to build effective relationships and collaborate across cross-functional teams.

It Would Be Nice For You To Have:

• Experience working in multinational or matrix organizations.
• Knowledge of cost allocation methodologies and profitability reporting.
• Experience leading or participating in process improvement and reporting automation initiatives.
• Established work history or equivalent demonstrated through a combination of professional experience, education, training, or military service.
• Established work history or equivalent demonstrated through a combination of work experience, training, military service, or education.

Work Authorization & Sponsorship

Applicants must be legally authorized to work in the United States on a full-time basis without requiring employer sponsorship to commence employment.

What Else You Need To Know

The base pay range for this position is posted below and represents the annualized salary range. For hourly positions (non-exempt), the annual range is based on a 40-hour work week. The exact compensation may vary based on skills, experience, training, licensure and certifications and location.

Base Pay Range: Minimum: $115,000.00 USD Maximum: $145,000.00 USD

We Value Your Impact

Your contribution matters and it’s recognized. You can expect a fair and competitive rewards package that reflects the impact you create and the value you deliver. We know rewards go beyond numbers. Offering more than just a paycheck our benefits are designed to support you, your family and your well-being, now and into the future. Santander Benefits - 2026 Santander OnGoing/NH eGuide (foleon.com)

Risk Culture

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

EEO Statement

At Santander, we value and respect differences in our workforce. We actively encourage everyone to apply. Santander is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, genetics, disability, age, veteran status or any other characteristic protected by law.

Working Conditions

Frequent minimal physical effort such as sitting, standing and walking is required for this role. Depending on location, occasional moving and lifting light equipment and/or furniture may be required.

Employer Rights

This job description does not list all of the job duties of the job. You may be asked by your supervisors or managers to perform other duties. You may be evaluated in part based upon your performance of the tasks listed in this job description. The employer has the right to revise this job description at any time. This job description is not a contract for employment and either you or the employer may terminate your employment at any time for any reason.

Der Santander Effect Mit unserer Arbeit beeinflussen wir jeden Tag das Leben von 140 Millionen Menschen weltweit. Wie? Indem wir Innovationen vorantreiben, unsere Erfahrungen teilen, Arbeitsweisen hinterfragen und uns neuen Herausforderungen stellen. Wir bei Santander sehen uns nicht nur als Bank, sondern in erster Linie als Unterstützer. Für die ganz individuellen Pläne jedes Einzelnen und für die Welt, in der wir morgen leben. Als Teil der nachhaltigsten Bank Europas setzen wir uns für Vielfalt ein. Wir übernehmen Verantwortung - sozial, wirtschaftlich und ökologisch. Dafür gibt unser Team jeden Tag alles. In einem veränderungsbereiten, fairen Umfeld fördern wir das Miteinander und fordern uns gegenseitig heraus. Denn gemeinsam können wir selbst mit kleinen Dingen eine große Wirkung erzielen. Das ist der „Santander Effect“ - gemeinsam erreichen wir Großes.