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The Commonwealth Bank of Australia (Bank) is Australia's leading provider of integrated financial services. They are committed to continuously improving governance practices and ensuring that they are aligned with business, stakeholders and customers' needs.
The Financial Services division, led by the Group CFO, partners with all areas of the Commonwealth Bank to provide financial control and specialist advice on financial management and strategy. This advice covers finance, audit, treasury, investor relations, security and property.
Technology Finance is responsible for the provision of financial control and management services to the Technology division.
We work closely with our stakeholders to help them understand their technology and operations costs and deliver current and future strategic and financial plans.
Technology Finance's mission is to "influence strategic outcomes through transparent insights and passionate people".
See yourself in our team
Your team forms part of the wider Technology Finance Team of approximately 90 people and provides Business Partnering and financial management services to Technology and Business Unit CIOs.
Your team's primary role is to:
- Provide insights, analysis, and advice in relation to past and future financial performance.
- Provide robust financial control and effective management reporting.
- Provide decision support and reporting for Technology strategic initiatives and investment programs.
- Develop and deliver meaningful insights to drive better business outcomes, including cost optimisation and simplification.
- Provide guidance and advice to the business leaders on the financial performance of the business, the financial plans and forecasts and the financial impacts of change initiatives.
Key duties will include:
Act as a key point of contact for Technology in relation to financial performance and work with the COE offshore finance team to maintain robust financial control through:
Processing of month end journals and P&L analysis
Balance sheet analysis, substantiation and reconciliation
Preparation, presentation and monitoring of annual budgets and rolling forecasts following extensive engagement with key stakeholders and provide financial support for both BAU and investment related activities
Drive insightful reporting and analysis, including presentation of month end results
Production of discussion documents on key business issues for respective leadership teams
Engage collaboratively across Finance and Business stakeholders to help drive business outcomes, enhance cost transparency and become a trusted advisor
Positively contribute to team culture and the work environment including process improvements, standardizations, and simplification
We're interested in hearing from people who have
- Strong accounting and financial skills
- Strong financial modelling and analytical skills
- Broad stakeholder engagement skills
- Knowledge of the financial services and / or technology industry, including technology developments that are impacting Financial Services
- Minimum of two years experience in Public Practice or in Commercial finance experience, ideally within a large corporate in Financial Services and/or Technology
- Tertiary Qualifications - hold a tertiary qualification in accounting, finance, or an equivalent business-related discipline and an accounting qualification - CPA or CA
Your Development
In Financial Services we take a proactive approach to your career development. Your on-going development would be part of an integrated development plan. If you live the values and demonstrate the people capabilities we can offer great opportunities.
Whether you want to move across the organisation or up into a leadership role, the way you live the values and demonstrate the people capabilities are key. Use the capabilities required for this role as a guide to the critical skills and behaviours you need for your next move.
If you would like to hear more about this role please Apply.
If you're already part of the Commonwealth Bank Group (including Bankwest, x15ventures), you'll need to apply through Sidekick to submit a valid application. We're keen to support you with the next step in your career.
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Advertising End Date: 11/04/2024
