Strategic Cost Control & Financial Analysis 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

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.