Strategic Cost Lead VP

Barclays•Wilmington, NC

8d•Onsite

About The Position

Purpose of the role To provide financial expertise and support to specific business units or departments within the organisation, and act as a liaison between the finance function and various business units, helping to bridge the gap between financial data and business decisions. 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.

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 Haves

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

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.
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.
Define jobs and responsibilities, planning for the department’s future needs and operations, counselling employees on performance and contributing to employee pay decisions/changes.
Lead a number of specialists to influence the operations of a department, in alignment with strategic as well as tactical priorities, while balancing short and long term goals and ensuring that budgets and schedules meet corporate requirements.
Demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard.
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.
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.
Demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship
Demonstrate the Barclays Mindset – to Empower, Challenge and Drive