CommBank

Manager Finance – Business Partner (Product, Investment and Marketing)

Recruiter
CommBank
Location
Sydney CBD Area
Salary
Not disclosed
Posted
18 Jan 2021
Closes
02 Feb 2021
Ref
REQ123316
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

  • Partner with other decision support functions to develop a holistic view of performance, risks and opportunities for Product, Investment and Marketing (e.g. Risk, HR Services, Strategy & Transformation, Legal).
  • Partner with Product, Investment and Marketing Leadership team to provide insights and develop initiatives and actions to address risks and opportunities and deliver the strategy
  • Partner with the Product, Investment and Marketing Leadership and other decision support functions to support the business planning and budgeting process, and support the forecasting process.
  • Support product and services development, providing financial guidance and support on all product initiatives.
  • Support the business in any requests for information from regulators and other stakeholders.

We’re interested in hearing from people who have:

  • Ability to think strategically and have excellent analytical skills thinks outside the square and enjoys a challenge;
  • Demonstrated experience partnering with senior business stakeholders
  • Sound commercial acumen
  • Sound interpersonal and communication skills with demonstrable achievements in managing complex situations where the ability to positively influence others to achieve optimal outcomes is paramount to achieving success
  • Post graduate accounting qualification (CA, CPA or equivalent)
  • 5+ years’ experience working within financial services (superannuation, funds management or general wealth management experience preferred). Within financial planning and analysis and in business role would be preferred.

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: 01/02/2021

Whether you’re passionate about customer service, driven by data, or called by creativity, a career with CommBank is for you.

Our people bring their diverse backgrounds and unique perspectives to build a respectful, inclusive and flexible workplace. One where we’re driven by our values, and supported to share ideas, initiatives, and energy. One where making a positive impact for customers, communities and each other is part of our every day.

Here, you’ll thrive. You’ll be supported when faced with challenges, and empowered to tackle new opportunities. We really love working here, and we think you will too.

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

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