CommBank

Senior Manager Finance Cash Management - Project

Recruiter
CommBank
Location
Sydney CBD Area
Salary
Not disclosed
Posted
15 Jan 2021
Closes
28 Jan 2021
Ref
REQ122958
Approved employers
Approved employer
Contract type
Contract
Hours
Full time
Experience level
Manager

CFS (Colonial First State) Finance supports the Senior Leadership Team of the CFS business under the Deputy CEO Office to manage and grow its superannuation and platform businesses.

See yourself in our team

Due to internal secondment’s to support the separation process we are hiring a number of Managers within our Business Partnering Function. These roles play an integral part of a dedicated team that provides strategic and tactical financial leadership to support the CFS and CBA senior executives.

These opportunities are for a 12 month fixed term period with the opportunity to transfer into the new business in July 2021. The role will have emphasis on the areas including but not limited to management reporting, planning & forecasting, financial insights & analysis, expense management & analysis and decision support.

Do work that matters

  • Perform capital and balance sheet management.
  • Manage business risk and capital management.
  • Manage and monitor debt equity structure, liquidity, balance sheets and P&L, and maximise investment opportunities.
  • Manage investment funds.
  • Manage banking and relationships.
  • Manage and reconcile cash positions.
  • Manage dividend policy and payment process.

We’re interested in hearing from people who have:

  • Proven experience in treasury and cash management roles.
  • Ability to establish and improve treasury and cash management policy, processes, controls, data and systems.
  • Identify, assess and manage financial risks.
  • Post graduate accounting qualification (CA, CPA or equivalent).
  • 8+ years’ experience working in treasury roles.
  • Financial Statement Analysis, risk Management and critical thinking.

CBA has entered into an agreement with KKR to sell a 55% interest in its CFS superannuation and investments business for total cash consideration of $1.7billion (implying a total valuation of $3.3billion). CBA will retain a 45% shareholding in CFS.

KKR is a leading global investment firm that manages multiple alternative asset classes, including private equity, energy, infrastructure, real estate and credit, with strategic partners that manage hedge funds. KKR aims to generate attractive investment returns for its fund investors by following a patient and disciplined investment approach, employing world-class people, and driving growth and value creation with KKR portfolio companies.

The sale is expected to complete in the first half of 2021. As this is a role to work in the CFS business, the successful candidate will initially be employed by the CBA Group but on sale completion, their employment will transfer to a new entity that will employ the CFS business employees from completion.

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: 27/01/2021

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

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