Senior Manager, Planning and Forecasting

Job title: Senior Manager, Planning and Forecasting

Company: Commonwealth Bank of Australia


Job description: “At CommBank we are proud to support flexibility, let’s discuss what this means for you”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 CommBank to specialist advice, support and services in finance, audit, treasury, property, procurement, climate strategy and investor relations.Do work that mattersBusiness Banking is part of the Group and contributes ~$4bn to group profit, generating annual revenues of ~$9bn with approximately 6,000 employees globally. BB covers:

• Major Client Group (large corporates)
• Corporate Banking (metro business customers)
• Regional and Agribusiness (rural/agricultural businesses)
• Small Business Banking (local small businesses); as well as
• Equities and Margin Lending (such as CommSec).

Business Bank Finance consists of about 80 finance professionals who provide financial performance and analysis services for effective decision-making in the Business Bank division.See yourself in our teamThe Business Bank Finance Centre team handles executive reporting to the CEO, CFO, and Business Bank (BB) Leadership Team. They collaborate with BB Strategy on financial analysis, analyst presentations, competitor reviews, and ad hoc projects.The team consists of four groups:

• Performance Reporting & Forecasting
• Expenses & Capital
• Decision Support & PACE
• Risk

You will work within the Centre finance team to provide high-quality analytical support and detailed forecasts to Business Bank leaders. The primary objective is to deliver forecasts and insights to support senior leadership decision-making, contribute to financial modelling, and improve finance-related processes. Additionally, you will lead and manage a team, set goals, communicate effectively, monitor performance, foster collaboration, and support professional development.We’re interested in hearing from people who will aspire to

• Coordinate and deliver annual, quarterly, and monthly forecasts.
• Conduct financial modelling and analysis to guide optimal business decisions.
• Identify and implement improvements for forecasting processes and models.
• Assist in the preparation of reports and packs to communicate forecast updates to stakeholders.
• Collaborate with various finance and business stakeholders to provide driver-based analysis on the impacts of changes in financial results and forecast assumptions.
• Conduct periodic and ad hoc forecasting using insights and financial analytics for the BB business unit and centre finance team.
• Participate in supporting and/or leading strategic initiatives within BB Finance.
• Develop advanced analytical skills utilising the Group’s data assets to understand and promote business growth.
• Compliance with group wide policies and delivery protocols.
• Collaborating with numerous stakeholders including other Business Units (RBS, IB&M, BW) and Group Finance to achieve desired outcomes.

Other qualities you may possess include

• Strong commercial, financial and/or management accounting skills.
• Strong written and verbal communication skills that makes the complex easy, and aligns financial outcomes to business narrative.
• Proven track record of understanding industry trends and translating and linking to business outcomes.
• The ability of bring colleagues on the journey and hold them accountable in delivering on time and to a high standard.
• Exceptional attention to detail.
• The ability to build positive working relationships with senior stakeholders across the Business and Finance.
• The ability to work and prioritise in a dynamic, changing environment.

Working with us meansWhether you’re passionate about customer service, driven by data, or called by creativity, a career here is for you. At CommBank, we advocate and facilitate a culture of inclusion and respect, celebrating all cultures, abilities, genders, expressions of gender and sexual orientation. Read more about our commitment to inclusion and diversity on our website.Our people bring their diverse backgrounds and unique perspectives to build a respectful, inclusive and flexible workplace. We are working hard to recruit people who represent the diversity of our customers and our society. If you’re excited about this opportunity but you don’t meet every single requirement, or your experience doesn’t align perfectly, we still want to encourage you to send in your application. You may just be the perfect candidate for this opportunity or another within CommBank.At CommBank we will inspire you with work that makes a difference, surround you with talented people that respect and value each other, and empower you to grow professionally and personally. Most of all, making a positive impact for customers, communities and each other is part of our every day.We’re determined to make a real difference for Australia’s first peoples. We encourage all interested applicants to apply. 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.**Apply Now to live your best life, by doing your best work with us! **If you’re already part of the Commonwealth Bank Group (including Bankwest, x15ventures), you’ll need to apply through to submit a valid application. We’re keen to support you with the next step in your career.We’re aware of some accessibility issues on this site, particularly for screen reader users. We want to make finding your dream job as easy as possible, so if you require additional support please contact HR Direct on 1800 989 696.Advertising End Date: 14/04/2025

Expected salary:

Location: Sydney, NSW

Job date: Wed, 26 Mar 2025 04:35:38 GMT

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