A Senior Financial Accountant opportunity specialising in balance sheet reconciliations exists to join a dynamic finance project team. As a Senior Financial Accountant on the “End-to-End financial reporting risks and controls” project you will be responsible for embedding a standardised approach to balance sheet reconciliations, overseeing and executing the reconciliation process for a prioritised set of the Bank’s balance sheet accounts and re-mediating reconciliation differences.
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You will work in collaboration with the project team as we gain a detailed understanding of end-to-end processes and controls, ensuring controls are mapped across all risks within the process (including risks from data capture to data consumption), for financial statement reporting. This critical role requires a deep understanding of accounting principles, excellent analytical skills, and the ability to collaborate effectively with cross-functional teams.
Key responsibilities include:
Balance Sheet reconciliations:
- Lead and embed a standardised approach to BS reconciliation across a prioritised sub-set of BS accounts
- Ensure accuracy and completeness of financial statements by resolving discrepancies and variances promptly.
- Identify and investigate any anomalies or irregularities, providing insightful explanations and solutions.
Financial Reporting:
- Collaborate with internal and external auditors during audit processes, ensuring a smooth and efficient audit experience.
Process Improvement:
- Evaluate and enhance existing reconciliation processes to increase efficiency and accuracy.
- Implement best practices for balance sheet reconciliation and take ownership of development of related financial policies and procedures.
Cross functional collaboration:
- Work closely with other departments, including but not limited to Retail Bank, Business Bank, Treasury, Operations, and Payroll to ensure alignment and accuracy in financial reporting.
- Provide support and guidance to the financial accounting team, fostering a collaborative and knowledge-sharing environment.
Stakeholder Communication:
- Communicate effectively with internal and external stakeholders, including business lines and auditors.
- Present findings, recommendations, and status updates to the project lead & General Manager of Financial Reporting & Control.
About You
Key skills and experience required for this role include:
- CA/CPA qualified (or international equivalent).
- 5+ years progressive post qualification experience in financial control.
- Demonstrated ability to implement best practice Balance Sheet reconciliations and control frameworks.
- Strong understanding of accounting principles, financial reporting standards and regulatory requirements.
- Experience of adhering to project deliverables, while working autonomously.
- Excellent communication and presentation skills with the ability to convey complex concepts.
- Curious mindset with a view to implement continuous improvement.
- Financial Services expertise preferred.
Contact Wayne Rademeyer on 0476101048 or email wayne.rademeyer@randstad.com.au
At Randstad, we are passionate about providing equal employment opportunities and embracing diversity to the benefit of all. We actively encourage applications from any background.