Strategic Cost AVP

Barclays

11d

About The Position

Join Barclays as a Strategic Cost AVP at Barclays, where you’ll have the chance to drive cost efficiency and deliver actionable financial insights across USCB. In this role, you will focus on supporting strategic cost management initiatives through accurate analysis, forecasting, and reporting to enable informed decision-making. You will collaborate with business leaders and finance teams to align professional performance with organizational objectives. By influencing key decision makers and optimizing resources, you will play a critical role in shaping cost strategies. To be successful as a Strategic Cost AVP you should have: Proven experience in Financial Services with a solid foundation in cost management and corporate finance, including P&L and balance sheet analysis. Advanced proficiency in Excel for financial modeling, forecasting, and delivering actionable insights to support strategic decision-making. Ability to collaborate with senior leaders and cross-functional teams, leveraging financial expertise to influence cost strategies and drive efficiency.

Requirements

Proven experience in Financial Services with a solid foundation in cost management and corporate finance, including P&L and balance sheet analysis.
Advanced proficiency in Excel for financial modeling, forecasting, and delivering actionable insights to support strategic decision-making.
Ability to collaborate with senior leaders and cross-functional teams, leveraging financial expertise to influence cost strategies and drive efficiency.
Organizational skills with strong attention to detail and accuracy.
Ability to transform complex financial data into clear, strategic business insights.

Nice To Haves

Proficiency in Microsoft Excel and PowerPoint; experience with analytics and reporting tools such as Power BI, Tableau, Alteryx, or Hyperion Essbase is highly desirable.
Interest in leveraging digital and technology-driven solutions to enhance financial processes and decision-making.

Responsibilities

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 advise and influence decision making, contribute to policy development and take responsibility for operational effectiveness.
Collaborate closely with other functions/ business divisions.
Lead a team performing complex tasks, using well developed professional knowledge and skills to deliver on work that impacts the whole business function.
Set objectives and coach employees in pursuit of those objectives, appraisal of performance relative to objectives and determination of reward outcomes
Identify ways to mitigate risk and developing new policies/procedures in support of the control and governance agenda.
Take ownership for managing risk and strengthening controls in relation to the work done.
Perform work that is closely related to that of other areas, which requires understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategy.
Engage in complex analysis of data from multiple sources of information, internal and external sources such as procedures and practises (in other areas, teams, companies, etc).to solve problems creatively and effectively.
Communicate complex information. 'Complex' information could include sensitive information or information that is difficult to communicate because of its content or its audience.
Influence or convince stakeholders to achieve outcomes.