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The Commonwealth Bank of Australia (Bank) is Australia's leading provider of integrated financial services. They are committed to continuously improving governance practices and ensuring that they are aligned with business, stakeholders and customers' needs.
In Financial Services, we support the Group's strategy of building tomorrow's bank today for our customers, through a focus on three key priorities of trust, resilience and capital generation. Financial Services partner with all areas of Comm Bank to specialist advice, support and services in finance, audit, treasury, property, procurement, climate strategy and investor relations.
See yourself in our team
This role sits in the Financial Services division and provides strategic investment support to Technology which delivers the Group's information technology function to ensure the highest levels of customer service through world-class process excellence and technology innovation. In Financial Services, we support the Group's strategy of building tomorrow's bank today for our customers, with a focus on three key priorities of trust, resilience and capital generation.
Technology Finance is responsible for the provision of financial control, reporting and planning services to the Technology division. We work closely with our stakeholders to help them understand their cost base and deliver current and future strategic and financial plans. Our mission is to "influence strategic outcomes through transparent insights and passionate people". Your team forms part of the wider Technology Finance Team (approximately 90 people) and provides financial management, planning and controls to Group and Business Unit CIOs.
Your team's primary role is to:
- Provide decision support for Technology's strategic initiatives, including advice on capitalisation of investments
- Provide accurate forecasting, effective management reporting and financial control for strategic investments
- Deliver meaningful insights to drive better business outcomes, including cost optimisation and process simplification.
Key duties will include:
- Provide detailed analysis on Portfolio reporting, providing analysis on financials and forecasts, and raising issues to the Technology division, Technology Finance LT & Group Finance
- Monthly investment spend reporting and insight for senior management and Technology Finance LT
- Provide decision support for Technology's strategic initiatives, including advice on capitalisation of investments
- Assess investment and operational opportunities through the provision of financial advice, modelling and insight
- Assist the business to optimise their project performance and forecasting, including continuous improvement initiatives
- Identifying and escalating issues and ensuring appropriate risk management and financial control practices are in place
- Contribute to driving productivity and process improvements across the team's processes
We're interested in hearing from people who have
- Strong analytical and commercial skills, with demonstrated ability to draw insights from analysis
- Strong project accounting and financial skills
- Advanced Excel skills for financial modelling and analysis
- The ability to guide, advise and influence senior stakeholders
- Attention to detail and demonstrated ability to manage multiple deliverables simultaneously
- Excellent verbal, written communication skills and critical thinking skills
If you would like to hear more about this role please Apply.
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: 13/11/2024