Financial Accountant - Subsidiary Reporting

CBD Area Sydney
Not disclosed
07 Oct 2022
27 Oct 2022
Approved employers
Approved employer
Contract type
Full time
Experience level
Qualified accountant

"At CommBank we are proud to support flexibility, let's discuss what this means for you"

See yourself in our team

Client Solutions Product Finance provides financial and non-financial management reporting, operational support, analytical insight and decision support to our business partners. We are also responsible for ensuring a robust financial control framework exists and operates effectively to safeguard the IB&M business.

This role supports the leasing businesses, which create structured solutions to support client financing needs in acquiring moveable fixed assets such as aircraft, ships, trains and major production and manufacturing equipment.

This role sits in the Client Solutions Product Finance team, part of IB&M Product Finance. Client Solutions Product Finance is responsible for financial controls and key elements of product reporting and analysis for the CS business. CS delivers a significant contribution to both the IB&M and overall CBA result.

Product Finance’s mandate is to maintain a strong control framework around P&L, balance sheet and financial reporting. In addition, developing relationships with Front Office and other stakeholder areas such as the Chief Operating Office and Operations, will be a key success factor in promoting Product Finance as a trusted and respected business partner.

Do work that matters

  • Delivery of financial results, board papers, financial statements, journals/reconciliations, cash flow management, income tax and BAS returns, regulatory and statutory reports for the subsidiaries to BU Finance teams, internal stakeholders, ASIC, ATO and other authorities.
  • Preparation and review of month end processing, reconciliations and half – and full-year group consolidation packs, for the CBA Group half-year and annual reports.
  • Work with the finance team to drive business outcomes through building and maintaining effective relationships with Business and Finance customers.
  • Effectively communicate results and business performance through high quality management reporting that is timely, accurate and insightful.
  • Ensure quality management decision making through ensuring accuracy and integrity of financial results quality analysis and rigorous financial control.
  • Responsibility for performing processes to deliver key system and balance sheet reconciliations, and actively managing reconciliation exceptions.
  • Supporting the business with financial analysis – involving the extracting and analysis of information from multiple sources and providing recommendations to senior business leaders.
  • Support business planning through maintenance and development of financial models and effective communication of results.

We’re interested in hearing from people who have

  • CA / CPA, or CFA qualification
  • Degree in Finance, Accounting, or a related discipline
  • Excellent Microsoft office skills
  • A strong background in financial control
  • Knowledge of the financial reporting framework and strong technical skills, including AIFRS
  • Excellent commercial acumen
  • Exceptional stakeholder management and influencing skills
  • Superior verbal and written communication skills
  • Ability to innovate and drive process improvements
  • Risk Mindset – All CommBank employees are expected to proactively identify and understand, openly discuss and act on current and future risks.

If you're already part of the Commonwealth Bank Group (including Bankwest), 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: 26/10/2022
For further information, and to apply, please visit our website via the “Apply” button below. 

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