Finance Partner, Strategic Cost Allocations

• Hybrid work environment

• 2-year max term contract until 2027.

• Play an important part shaping the future of our iconic Australian institution

• Working with the CFO and Deputy Head, Finance to define the strategic enterprise cost allocation framework for the Bank, enabling enhanced transparency of allocated costs and underlying drivers and assumptions.

About the business/role/team

Delivery of strategic and insightful finance partnering services across the Bank by partnering with departments to:

• Identify strategic considerations and provide commercial guidance.

• Provide timely reporting, in-depth analysis, and actionable insights to ensure financial decisions align with the organisation’s objectives and optimise outcomes for the Bank.

• Drive sustainable process improvements that enable working in a simpler, faster and smarter way.

The role reports to the Deputy Head, Finance (within the Finance Department, specifically in the Finance Partnering and Insights Team) and will work closely with senior business leaders and Finance stakeholders.

About the role

• Provide strategic direction and oversight to the development of the strategic framework for enterprise cost allocations, and how this is sustainably embedded key finance processes and outputs, including strategic planning, budgeting, reporting and forecasting.

• Project Finance partnering – supporting a number of the Bank’s key projects, collaborate with project managers & leaders to review business case financials, ensuring accuracy of costs and benefits, and clarity of underlying drivers and assumptions.

• Represent Finance in project/program leadership meetings, ensuring financial perspectives are considered in decision-making.

• Delivery of accurate and timely financial reports, analysis and insights that support strategic decision-making.

• Primary strategic liaison between Finance and senior business leaders (including Heads of Departments, Deputy Heads and designated programs/projects), ensuring effective communication and collaboration to deliver robust financial support and guidance.

• Working, collaborating and coordinating effectively across Finance stakeholders (including business partners, project partners, and our data analytics and reporting team).

About you

• Demonstrated experience in building, influencing, and maintaining robust working relationships with a diverse range of stakeholders, in particular, senior business leaders (Heads of Departments, Deputy Heads, and program/project directors).  

• Demonstrated ability to conduct in-depth analyses to provide insights that support executive decision-making.

• Proven track record in providing strategic financial guidance, recommendations, and advice on both strategic priorities and business-as-usual initiatives.

• Deep experience supporting, influencing, and presenting to non-finance stakeholders e.g. project Steering Committees, stakeholder leadership teams.

• Extensive experience with budgeting and forecasting and management reporting systems (such as TM1).

• Proven ability to deliver results, think proactively and a determination to take action.

• Strong practical experience in analytical reporting and the application of accounting principles.

• Proven ability to coach and enhance the financial acumen of leadership teams.

Qualifications

• Tertiary qualifications in accounting

• Qualified member of a professional accounting body in Australia (or international equivalent)

Be More
Working for an organisation that truly makes a difference to the people of Australia, we can offer development and career opportunities in a collaborative environment that supports your growth, wellbeing and promotes flexibility. Your individual growth and success drives the RBA forward as an organisation. Be more means you can do more, for yourself and for Australia.
Why RBA?
The RBA makes an important contribution to the Australian economy through the pursuit of national economic policy objectives and associated activities in financial markets and banking. We also issue Australia's banknotes and operate infrastructure critical to the payments system, all of which contribute to the welfare of the Australian people. Made up of specialists across a wide range of fields, our people, values, and culture play a critical role in achieving our objectives. Striving to be Open & Dynamic, we consider and incorporate different perspectives, work across teams and are transparent with each other, whilst delivering quality together effectively and focusing on outcomes by prioritising, testing, learning, and refining as we go. Our people conduct themselves with a high degree of integrity, while striving for excellence in the work they perform and the outcomes they achieve. We encourage intelligent inquiry and we treat one another with respect while promoting the public interest through our efforts. We know it is the growth and success of our people that drives the RBA forward. Come and make a bigger contribution while you build and develop your own skills too, because being more means you can do more, for yourself and for Australia.
The Reserve Bank of Australia is committed to equity, diversity and inclusion through key initiatives. We welcome and encourage applicants from diverse backgrounds to apply, including Aboriginal and Torres Strait Islander peoples, culturally and linguistically diverse background, those living with a disability and from the LGBTQ+ community. We are committed to making the recruitment process fair and equitable for all our candidates.

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