CIB Accounting Senior Analyst III at Santander

Boadilla del Monte, Community of Madrid, Spain

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Banking, Finance, Investment BankingIndustries

Requirements

Minimum 8 years of experience as an auditor or managing accounting processes. (Required)
Experience with financial products, and a solid understanding of the accounting requirements. (Required)
STEM profile or ADE/Economics with a strong digital mindset. (Required)
High level of English, both written and spoken. (Required)
Digital mindset and knowledge or experience in SQL, Databricks, PowerBI. (Required)
High level of Excel and office tools. (Required)
Communication and interpersonal skills. (Required)

Responsibilities

Monitoring of the accounting figures and the accounting processes
Manage month-end closing process
Ensure compliance with accounting standards
Coordination with offshore branch Finance teams
Prepare and post journal entries
Identify and resolve discrepancies in accounting records
Provide support during audits and regulatory reviews
Lead a team responsible for monitoring the accounting processes of the offshore branches of Banco Santander
Identify enhancements, define action plans, and oversee the resolution of incidences at a global level
Collaborate with stakeholders and clients in a dynamic environment, combining accounting tasks with continuous process reengineering and tools improvement

Skills

Key technologies and capabilities for this role

AccountingMonth-End ClosingProcess MonitoringProcess ReengineeringTeam LeadershipRisk ManagementComplianceStakeholder Collaboration

Questions & Answers

Common questions about this position

What experience is required for the CIB Accounting Senior Analyst III role?

Minimum 8 years of experience as an auditor or managing accounting processes is required, along with experience with financial products and a solid understanding of accounting requirements.

What is the location for this position?

The role is based out of Boadilla in Spain.

What education is needed for this job?

A STEM profile or ADE/Economics with a strong digital mindset is required.

What languages are required?

A high level of English is required.

What is the salary or compensation for this role?

This information is not specified in the job description.

Santander

Provides banking, investment, and insurance services

About Santander

Santander Bank provides a variety of financial services to individuals, small businesses, and large corporations in the United States. Its offerings include savings and checking accounts, loans, credit cards, and investment products. The bank also has specialized services through Santander Investment Services and insurance products via Santander Securities LLC. Santander stands out from its competitors by focusing on community growth, committing $13.6 billion to support initiatives like the 'Cultivate Small Business' program, which aids early-stage entrepreneurs, especially from underrepresented groups. The bank generates revenue through interest on loans, service fees, and commissions, while promoting responsible banking practices and financial education. Santander's goal is to empower individuals and businesses, enhance community prosperity, and provide comprehensive financial solutions.

Boston, MassachusettsHeadquarters

1902Year Founded

$75MTotal Funding

POST_IPO_DEBTCompany Stage

Fintech, Financial ServicesIndustries

10,001+Employees

Benefits

Health, dental, & vision

401k

Flexible PTO

Parental & sick leave

Discounts: technology, travel, auto, fitness, & tuition

Risks

ISO 20022 transition may challenge smaller business partners.

'Quishing' attacks pose a growing threat to consumer security.

Openbank faces competition in the U.S. high-yield savings market.

Differentiation

Santander's Openbank offers a 5.00% APY high-yield savings account nationwide.

The bank's Inclusive Communities Plan pledges $13.6 billion for community initiatives.

Santander's ISO 20022 adoption enhances operational efficiency and data management.

Upsides

Openbank's high-yield savings account attracts more U.S. customers.

Santander's renewable energy financing highlights commitment to sustainable investments.

Proactive cybersecurity measures enhance customer trust and protect digital assets.

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