Senior Finance Analyst Business Partnering

at  Commonwealth Bank

ABOUT THE TEAM

Technology & Operations (Tech & Ops) Finance is responsible for the provision of financial control and management services to both the Technology Division and the Chief Operations Office.
The Technology division delivers the Group’s information technology capability with a strong focus on technology innovation. Operations delivers banking operations functions to ensure the highest levels of customer service through world-class process excellence.
We work closely with our stakeholders to help them understand their technology and operations costs and deliver current and future strategic and financial plans.
Tech & Ops Finance’s mission is to “influence strategic outcomes through transparent insights and passionate people”.

KEY DUTIES WILL INCLUDE:

This role is responsible for assisting the Senior Manager to provide financial support to key stakeholders within Digital Operations Technology, Tech & Ops central finance, including:

• This role is responsible for regular deliverables including actuals, budget and forecast reporting for opex and investment programmes/projects
• Financial Control responsibilities including journal preparation, account reconciliations, balance sheet reviews and FTE reporting
• Responsible for assisting in the delivery of the annual budgeting and monthly/quarterly forecast processes.
• The role has strong stakeholder relationships within Technology, BU Finance and the DOT Tech extended leadership team.
• Reporting and analytics to facilitate decision making.
• Review, analyse and constructively challenge the monthly project & BAU spend with a view to understanding the status of each project, including milestones, risks, issues, financial status (actuals, forecasts, budgets), and progress made each month.
• Build and maintain relationships and trust with the project community and application management team to facilitate access to information and provide a contact point back for value added advice to the assigned programme/project teams.
• Engage in continuous improvement activities to streamline, simplify, automate and assist in the implementation of new reporting tools.

Your team’s primary role is to:

• Support the Retail Bank & Digital Channels investment portfolios and where required Run BAU expenses
• 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 and provide commercial support, 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 initiative