Finance Analyst - Client Solutions Product Finance

Sydney CBD Area
Not disclosed
08 Apr 2024
22 Apr 2024
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

Institutional Banking and Markets (IB&M) is responsible for managing the Group’s relationships with major corporate and government clients and institutional investors. It provides a full range of capital raising, transactional and risk management products and services.

IB&M Finance supports the business in providing financial control, financial analysis and insight, product control, regulatory accounting and related project and strategy implementation support.

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 lending business that originates, structures, arranges & underwrites senior debt in support of Institutional and Structured Lending clients. The team works closely with the leadership, execution, and post-deal management teams, as well as with other members of the IB&M Finance team.

This is a 9-months secondment opportunity for an internal candidate, or a 9-months Maximum Term Contract opportunity for an external candidate, until early 2025.

Do work that matters

The role includes, but is not limited, to the following:

  • Delivery of financial results, board papers, financial statements, journals/reconciliations, income tax return, regulatory and statutory reports.
  • Delivery of month-end reports, reconciliations, and half and full-year group consolidation packs for the CBA Group half-year and annual reports.
  • Delivery of weekly P&L monitoring that identifies and flags significant drivers.
  • Delivery and analysis of weekly and monthly Lending Net Interest Margin (NIM).
  • Intra-month P&L and FX exposure monitoring for Lending.
  • Responsibility for performing processes to deliver key system and balance sheet reconciliations, and actively managing reconciliation exceptions.
  • Work with finance team to drive business outcomes through building and maintaining effective relationships with Business and Finance customers.
  • Ad hoc business-related analytics and insights.
  • Support the delivery of Lending business strategic priorities.

We’re interested in hearing from people who have

  • Tertiary Qualifications – hold a tertiary qualification in accounting, finance, or an equivalent business-related discipline
  • Accounting qualification – CPA, CA, CFA or similar
  • A background in financial control
  • Knowledge of the financial reporting framework and strong technical skills, including AIFRS
  • Strong numeracy, finance and accounting skills
  • Ability to problem-solve, multitask, manage and meet competing deadlines
  • Strong commercial acumen
  • Experience in financial modelling
  • Experience in financial account preparation
  • Ability to innovate and drive process improvements
  • Experience with SQL, Alteryx or other analytical tools
  • Experience in the Financial Services Sector – Leasing and Lending experience in particular would be advantageous
  • 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: 21/04/2024

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

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