Senior Finance Analyst - Business Partnering

Bangalore - Manyata Tech Park Road
Not disclosed
01 Apr 2024
29 Apr 2024
Approved employers
Approved employer
Contract type
Full time
Experience level
Qualified accountant

Role: Senior Finance Analyst, Business Partnering, Technology Finance Center of Excellence

Years of experience: 5-7 Years

Location: Bangalore-Manyata Tech Park

At CommBank, we never lose sight of the role we play in other people’s financial wellbeing. Our focus is to help people and businesses move forward to progress. To make the right financial decisions and achieve their dreams, targets and aspirations. Regardless of where you work within our organisation, your initiative, talent, ideas and energy all contribute to the impact that we can make with our work. Together we can achieve great things.

Your business:

The Financial Services division, led by the Group CFO, partners with all areas of the Commonwealth Bank Group to provide financial control functions and specialist advice on financial management and strategy. This advice covers finance, audit, treasury, investor relations, security and property.

Your team:

Technology Finance is responsible for the provision of financial management services to the Technology Business Unit.

Your impact & contribution:

You will be part of the Finance Centre of Excellence capability in Technology Finance. As a Business Partner supporting the Retail Technology, you will be contributing to the business priorities by providing insight and supporting stakeholders with financial outcomes related to expense management and commercials of Technology.

Your primary roles is to:

  • Support the Retail Bank investment portfolios and where required for 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 initiatives.

Your reporting lines:

You will be part of the Finance Centre of Excellence team, reporting to the Senior Manager Finance (based locally in Bangalore) and working closely with Manger Finance based in Sydney.

You will be a key member of one of the implementation squad in the Centre of Excellence team and will work closely with members in other squads and leaders across the Technology Finance team.

Your responsibilities:

  • 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 Retail 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 skills & experience:

  • Qualified CA / CPA/ MBA Finance
  • 5+ years’ experience in finance and accounting industry
  • Strong analytical skills with proven experience in budgeting and forecasting
  • Strong stakeholder management, communication skills and demonstrated experience of business partnering.
  • Experience in a Finance Centre of Excellence team with strong track record in driving automation and implementation of reporting tools
  • Strong understanding of Technology Business Management, gained in either a similar role and/or an IT Finance or IT Business Manager role.
  • 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, 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: 29/04/2024

For further information, and to apply, please visit our website via the “Apply” button below.

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