Expression of Interest: Technology Finance Senior Manager/Manager

at  Commonwealth Bank

“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.
Technology delivers the Group’s information technology functions to ensure the highest levels of customer service through world-class process excellence and technology innovation.
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 costs and deliver current and future strategic and financial plans.
Your team forms part of the wider Tech Finance Team of approximately 90 people and provides business partnering and financial management services to Technology and Business Unit CIOs.

KEY DUTIES WILL INCLUDE:

• Financial Planning and Analytics (FP&A) activities comprising planning, designing and managing of key finance deliverables, including month end close, financial reporting, annual budget and quarterly forecasts, including driver based plans in support of insightful analytics and business performance management
• Assume responsibility for accuracy of contents and the timeliness of submissions to relevant parties
• Recommending and supporting cost optimisation initiatives and cost control processes – liaising with the business on productivity savings tracking, the review of resourcing requests and key contract reviews
• Preparation and presentation of monthly financial results and analysis for both BAU and investment spend to Technology, Business Unit and Finance General Managers
• Support Technology stakeholders and Finance by providing strong financial management services and decision support including involvement in investment initiative business cases
• Creation and delivery (in both verbal and written form) of crisp, concise and impactful material to assist in driving business outcomes and enhanced cost transparency
• Assess investment and operational opportunities through the provision of financial advice, modelling and insight
• Provide subject matter expertise for the Technology portfolio’s capitalisation, including detailed capex forecasting
• Strong knowledge and experience of fundamental finance principles, processes and financial control, including:
• Review of staff deliverables including budgets and forecasts
• General ledger, journal and P&L analysis and review
• Balance sheet analysis, reconciliation and substantiation
• Process improvement, standardisation and simplification
• Demonstration of intellectual curiosity and the ability to build deep knowledge of the business being supported including cost base and underlying cost drivers
• Identifying and driving Technology Finance continuous improvement initiatives
• Identification and escalation of issues to ensure appropriate risk management and financial control practices are in place

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: 25/07/202