Manager, Expense Management

• Permanent
• Sydney
• Hybrid working, 3 days per week in the office

How will I help?

This role is part of the Expense Management team in the Finance Function. Working with a group of professionals this role is accountable for delivering strong Expense Management, capability uplift and financial control through the adherence to policies, processes, and standards; provide financial insights and advice to help our business leaders achieve target outcomes; and build and maintain strong relationships with our stakeholders.

The Expense Management team performs activities including month end close, forecasting, analytics, and investment management and partnering. It also delivers services for Group Functions, Lines of Business (LOB), Divisions and the Group.

You will support the Director, Expense Management to uplift capability for Groupwide Expense Management through enhancement of Expense Management services across the financial management cycle and partner with key stakeholders to empower the group to deliver on cost accountabilities.

Key accountabilities:

• Support the delivery of timely, accurate and insightful management reporting to the Group Executives, General Managers, and relevant business partners
• Support the rationalisation and automation of material entries to support earlier close of results
• Uplift transparency and efficiency in cost attribution and allocation processes
• Support the execution of risk management and financial control (including SOx) requirements in line with all financial standards, policies, frameworks, and standards
• Support Expense Management team members and other stakeholders to ensure financial and system process improvements are resolved
• Support the standardisation, simplification, and automation of report production processes into digital solutions
• Support enhanced monthly cost drivers (unit costs, volume or agreed services) and linkages to financials
• Prepare standard analytics and insights for the appropriate financial views for performance management and accountability (BAU, Investments, Scorecards, Attributions and Allocations)
• Contribute to the production of the Group’s Corporate reporting, preparation of divisional and Group expense disclosures, competitor and peer analytics and insights for costs
• Support the Expense Management team in managing the Group’s expense allocation process and work with the Finance Business Partners to ensure transparency of allocations
• Support partnering with Finance and the Business on Expense Management matters
• Assist with the transition and embedment of Investment portfolio financial management from current project finance accounting to new portfolio approach
• Assist with financial considerations and assumptions being appropriately reflected in capitalisation / amortisation processes and forward looking financials
• Assist with strategic initiatives e.g. Board Strategic Reviews
• Support Expense Management team to provide Finance Partners with:
  -automated forecasting and planning processes, utilising drivers and digital capabilities
  -provision of scenario modelling and analytics of the financial impacts of business operational and strategic actions, productivity initiatives, decisions, competitive and economic factors
  -timely and accurate ad-hoc financial information and analysis to meet customer requirements
• Support the team to implement ongoing process improvements or simplification initiatives through transformation and digitisation to improve overall team quality and productivity
• Work with Group Performance & Insights (GPI) and Business Intelligence specialists to automate reporting and forecasting processes
• Develop an in-depth knowledge of the business to support decision-making

What’s in it for me?

You’ll play a significant part of the future of a business that has been around for 200 years. Our purpose is to create better futures together. So, we’ll back you in the development of your career, internal career prospects, and flexible working. You’ll also keep learning to grown, backed by a fantastic team of people with a can-do, supportive structure. Whatever shape your family takes, we offer generous paid and unpaid parental leave for your nominated primary and support carers. This includes leave to organise adoptions, surrogacy, and foster care arrangements. And we continue to pay your super contributions while you take all the time you need to get your new family settled.

What do I need?

To be successful in this role you will need the following:

• 4+ years experience in financial management and the financial services industry
• Professional accounting qualification completed – ACA, CPA, CIMA or equivalent
• Qualifications in commerce or business-related discipline
• Ability to effectively influence, negotiate and manage expectations with peers and senior team members
• Ability to develop and maintain productive relationships
• Solid understanding of technical finance & accounting competencies
• Understanding of business performance drivers
• Ability to operate through on-going change

What is it like to work there?

We aim to provide one big, supportive team to help us achieve our purpose of creating better futures together. As well as competitive remuneration and a great culture, joining the Westpac family means you will get some of the best banking, wealth and insurance benefits in the market.

We back our employees by helping them work towards industry-recognised qualifications, using online learning, training modules and career planning tools for you to grow with us. We will even pay you to do volunteer or community work.

As an equal opportunity employer, we are proud to have created a culture and work environment that values diversity and flexibility – and champions inclusion.

How do I apply?

Start here. Just click on the APPLY button.

At Westpac we are committed to providing a supportive culture and creating diverse, inclusive, and accessible workplaces, branches, products and services for our customers, employees, and community.  This role is open to experienced candidates seeking a discussion around workplace flexibility. We invite candidates of all ages, genders, sexual orientation, cultural backgrounds, people with disability, neurodiverse individuals, and Indigenous Australians to apply. If you have questions about the recruitment process, please email ***************@westpac.com.au.

Do you need reasonable adjustments during the recruitment process?

We can provide reasonable adjustments for individuals with disability and/or neurodiversity. If you require an adjustment to be made during the recruitment process at any stage, please call 1800 655 592 Option 2.3 or email ***************@westpac.com.au