CommBank

Manager Finance Business Partnering - Project

Recruiter
CommBank
Location
Sydney CBD Area
Salary
Not disclosed
Posted
18 Mar 2021
Closes
18 Apr 2021
Ref
REQ122955
Approved employers
Approved employer
Contract type
Permanent
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.

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

  • Prepare internal reporting.
  • Support opportunities for ad hoc analysis, and work with Business Intelligence and Systems Accountant team to deliver targeted insights.
  • Deliver measurements and insights in internal reporting, combining operating and financial information, providing both direction and a whole of business perspective.
  • Build strong relationships and collaborate across teams to understand performance, risks and opportunities, and provide insights.
  • Work across Business Partner teams to understand performance, risks and opportunities across the business that may impact Fund Services, Ops, Legal, Risk/Comp, HR, CCO/ES/FS.
  • Partner with other decision support functions to develop a holistic view of performance, risks and opportunities for Fund Services, Ops, Legal, Risk/Comp, HR, CCO/ES/FS (e.g. Risk, HR Services, Strategy & Transformation, Legal).
  • Ensure integrity of financial data and reporting and maintain financial controls and relevant framework appropriate to the business. Adhere to the compliance of Group policies including Group Reconciliation Policy.

We’re interested in hearing from people who have:

  • Sound strategic thinking and analytical skills.
  • Demonstrated experience partnering with senior business stakeholders.
  • Ability to put a concise commercial lens onto complex issues.
  • 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.
  • 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.
  • Sound understanding of strategy, appetite, framework and policy.
  • Sound understanding of Project finance and business case assessment and review.

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: 25/04/2021

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

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