Analyst Financial Control

Posted:
10/16/2024, 9:24:30 PM

Location(s):
Sydney, New South Wales, Australia ⋅ New South Wales, Australia

Experience Level(s):
Junior ⋅ Mid Level ⋅ Senior

Field(s):
Finance & Banking

“At CommBank we are proud to support flexibility, let’s discuss what this means for you”

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.

In Financial Services, we support the Group’s strategy of building tomorrow’s bank today for our customers, through a focus on three key priorities of trust, resilience and capital generation. Financial Services partner with all areas of CommBank to specialist advice, support and services in finance, audit, treasury, property, procurement, climate strategy and investor relations.

See yourself in our team

The FCT (Financial Control & Transformation) team, is a trusted servicer provider and advisor, and acts as the “hub” for FS in terms of system/ledger controls, and the provision of core finance processes to the Group.  The team is focused on data alignment via robust, best practice data processes, reconciliations and controls.

The Financial Control & Transformation (FCT) team comprises:

  • Divestments and Remediation Finance,
  • Finance Transformation,
  • Strategic Support,
  • Financial Control, and,
  • Financial Reconciliations

Key duties will include:

  • Performing daily reconciliations of suspense and control accounts.
  • Work with BU Finance to identify the root cause and to minimise exceptions and aging thereof.
  • Automation of reconciliations in Accurate and onboarding reconciliations to Financial Control.
  • Manage finance reconciliation controls including Financial Controller and business operations reporting.
  • Development/migration of the Groups reconciliations onto Accurate and provide Level 1 support for existing reconciliations.
  • Oversight and review of reconciliations in line with Group Reconciliation Policy.
  • Ensure an appropriate segregation of duties and strong control environment is maintained.
  • Closely partnering with stakeholders to provide excellent service.

We're interested in hearing from people who have

  • Financial Services / Professional Services experience
  • Process improvement mindset/able to use productivity tools and techniques
  • Problem solving and analytical skills with attention to detail
  • Financial control including reconciliation, analysis, investigation and reporting
  • Excellent communication skills with stakeholders

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: 06/11/2024