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Job Title


Cost Control Analyst, CFO Finance Strategic Initiatives


Company : RBC


Location : London, England


Created : 2025-07-27


Job Type : Full Time


Job Description

Job Summary Job Description What is the opportunity? You will be part of UK Cost Control with responsibility for the execution of cost management processes within a robust financial control framework. Your role will include the preparation of accurate financial data, analytics for business decisions and related accounting processes and extracting, standardising and optimising business processes and related reporting within central Cost Control Hub. RBC’s expectation is that from mid-September 2025, all employees and contractors will work in the office with some flexibility to work up to 1 day per week remotely, depending on working arrangements. What will you do? Preparation of cost base financial and statistical data in line with financial reporting timelines including data validation, accruals/prepayments/IFRS 16 entries and other cost adjustmentsActively engage and support the Tax department in the preparation of high risk critical data in relation to Recoverable VAT and Reverse Charge VATActively identify opportunities to implement change to refine or streamline processesEngage in cost initiatives aimed at improved reporting of cost base and driving cost reductions where possibleProduce appropriate MI to support / influence behaviour change across RBC with respect to the cost base – regular and ad-hoc including trend and variance analysis by business lineSupport Head of Cost Control to develop and maintain adequate controls across all processesManage and review the Fixed Asset RegisterEnsure cost control and transfer pricing processes align appropriatelyAnalyse, reconcile and report upon expenses across multiple cost centres within a complex legal entity structureDevelop, maintain and document effective processes and controls including UK Delegation of AuthoritiesUnderstand the end to end cost base by business platform including data flows, accountabilities, and controlsUnderstand the process and principles behind the global cost recharges across business lines and align with Transfer Pricing processesBuild and maintain robust working relationships with key local and global stakeholders e.g. business managers, function heads, ProcurementBe an integral part of the Planning and Forecasting processProvide support to the Global FSS team for Accounts Payable issues as required; ensuring SLA’s are met and address local escalated issues.What do you need to succeed? Must-have Qualified AccountantExtensive post qualified experienceExperience in a financial control environment including cost controlAutonomous in working; forward thinking to reduce cost baseHigh degree of analytics skills with strong attention to detail/accuracyStructured and appropriate communication style – oral and writtenCollaborative and with strong influencing skillsStrong delivery and people management skillsStrong understanding of debits and creditsFlexible working style with ability to deal with ambiguity and time pressures.Nice-to-have Audit experienceIFRS 16 experience and occupancy cost allocationsExperience of Policy, Procedure & Process DocumentationExperience of Delegation of AuthoritiesExperience of driving periodic budget and forecastMicrosoft VBA experienceExperience in managing a team.What is in it for you? We thrive on the challenge to be our best - progressive thinking to keep growing and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual. A comprehensive Total Rewards Program including bonuses, flexible benefits and competitive compensationLeaders who support your development through coaching and managing opportunitiesOpportunities to work with the best in the fieldAbility to make a difference and lasting impactWork in a dynamic, collaborative, progressive, and high-performing teamA world-class training program in financial services.Agency Notice RBC Group does not accept agency resumés. Please do not forward resumés to our employees, nor any other company location. RBC Group onlypay fees to agencies where they have entered into a prior agreement to do so and in any event do not payfees related to unsolicited resumés. Please contact the Recruitment function for additio naldetails. Job Skills Accounting, Accounting Finance, Decision Making, Financial Planning and Analysis (FP&A), Group Problem Solving, Long Term Planning, Organizational Savvy and Politics, Strategic Thinking, Time Management, Waterfall ModelAdditional Job Details Address: 100 BISHOPSGATE:LONDONCity: LondonCountry: United KingdomWork hours/week: 35Employment Type: Full timePlatform: OFFICE OF THE CFOJob Type: RegularPay Type: SalariedPosted Date: 2025-07-24Application Deadline: 2025-08-08Note:Applications will be accepted until 11:59 PM on the day prior to the application deadline date above Inclusionand Equal Opportunity Employment At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all. Join our Talent CommunityStay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at .#J-18808-Ljbffr