Senior Financial Analyst - Treasury

at  Westpac New Zealand

• Competitive salary + 10% superannuation + range of market leading employee benefits
• Hybrid role + centrally located offices in Britomart + WFH available
• Develop your career with Westpac!
  Mō te tūranga | About the Role
  As Senior Financial Analyst in our Treasury team, you will provide support to Westpac New Zealand (WNZL) Finance and will assist in delivering, analysing, and understanding the financial results of the WNZL, Westpac Banking Corporation (“WBC”) NZ Branch and WBC NZ Geography Treasury functions, together with the results of the NZ Banking division.
  You will support the Head of Treasury Finance to interrogate, understand, analyse and report the day to day and monthly financial outcomes for each of the Treasury activities undertaken. There will be opportunities to contribute to bank wide projects, implement changes and improve current processes to achieve efficiencies and productivity gains for the team.

Key responsibilities include:

• Daily control, analysis and reporting activities, including, including loan & deposit movements, balance sheet movements, profit and loss analysis, liability monitoring and NZ inter-entity cash positions
• Month-end close tasks, such as core reconciliations, trade review, manual journals, capture and analysis of market data.
• Monthly preparation of detailed analysis and reporting, including exposure to core balance sheet reporting on funding and liquidity, securitisation, hedging positions and hedge accounting,
• Preparing the required deliverables to other areas of the finance team, including the external reporting team for Disclosure Statements, Group reporting and regulatory reporting team
• Generating and presenting financial results to senior management with clear explanations on movements, key drivers and trends that have influenced results. This includes writing insightful commentary clearly articulating drivers of business performance, interpreting KPIs and contributing to presentations at meetings.

Nā tāu rourou | What will you bring?

• Bachelor’s degree in finance, Commerce or Accounting and be CA/CPA/CFA qualified or working towards this
• Financial services accounting experience and a good understanding of accounting for financial instruments
• Experience in corporate Treasury roles, either - Transaction banking products and services, debt and hedge facilities administration, Treasury accounting, or Treasury operations processes
• An interest in bank funding, liquidity management and balance sheet management principles
• Power BI, SQL skills (preferred)

Westpac Hei Wāhi Mahi | Working at Westpac

As well as immersing yourself in a supportive team environment, you’ll be offered some of the best banking, and lifestyle benefits in the market along with:

• 4 weeks standard holiday + 5 additional days of wellbeing leave to support you to be your best
• Additional purchased leave options up to 4 weeks per year
• Banking benefits, insurance discounts and superannuation scheme
• Career growth – we promote internal capability; we have programmes that recognise star performers
• Generous parental leave – and top up government paid parental leave
• School holiday subsidy - help you balance work and family during school holiday
• Environmental and community care programmes

Ko mātou tēnei | Our Organisation
At Westpac, we’re working together to build a fairer and stronger New Zealand for our people, customers, and communities. For over 160 years we’ve been driven by our purpose to Create Better Futures Together.
What makes us unique are the incredible people we’re lucky enough to have walk through our doors every day. The giant ‘W’ on our building doesn’t just stand for Westpac – it says, double you. We’re a place that values, rewards and recognises individuality. Where you can be your whole self, your true self, and your best self. We’re recognised as a place where talent is developed, where passions are fuelled and where ambitions of all shapes and sizes thrive. And it all starts with you!
Tono mai ināianei! | Apply Now!
Apply today with your CV and Cover Letter.
The people of Aotearoa, New Zealand hail from many cultures and backgrounds. At Westpac New Zealand, we draw on this enormous talent pool to cultivate a team rich in ability and empowered to reach its full potential. Our aim is to be brave challengers, celebrating our differences and relentlessly advocating for our customers. It starts with us – we believe that when we care deeply and do our best for our people, they’ll do their best for our customers. We encourage people from all walks of life to apply, including those who are neurodiverse, have chronic health conditions or disabilities – your attitude and passion are as important to us as your experience, qualifications and capabilities.
Mahi tahi tātou, kaha ake tātou | Together Greater
Applications close:
17 November 202

• Daily control, analysis and reporting activities, including, including loan & deposit movements, balance sheet movements, profit and loss analysis, liability monitoring and NZ inter-entity cash positions
• Month-end close tasks, such as core reconciliations, trade review, manual journals, capture and analysis of market data.
• Monthly preparation of detailed analysis and reporting, including exposure to core balance sheet reporting on funding and liquidity, securitisation, hedging positions and hedge accounting,
• Preparing the required deliverables to other areas of the finance team, including the external reporting team for Disclosure Statements, Group reporting and regulatory reporting team
• Generating and presenting financial results to senior management with clear explanations on movements, key drivers and trends that have influenced results. This includes writing insightful commentary clearly articulating drivers of business performance, interpreting KPIs and contributing to presentations at meetings