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CommBank

Full-spectrum financial services and banking

Finance Analyst - Financial Control

Financial AccountingPosted on Nov 13
Full-timeAmsterdam, NetherlandsNo salary listedIn-person

About the Job

Requirements

  • 1–3 years of relevant experience within a Big 4 or second-tier accounting firm, or within the Finance function of a bank, is mandatory.
  • Strong accounting foundations, including a sound understanding of double-entry bookkeeping and the ability to determine the appropriate debit and credit entries for financial transactions.
  • CA qualification, or currently working towards completion.
  • Strong Excel and analytical skills, with the ability to work with and interpret financial data.
  • A curious mindset and commitment to continuous improvement, with a willingness to learn and challenge existing processes.
  • Ability to manage competing deadlines and perform effectively under pressure, with strong organisational skills.
  • Proactive communication skills, with the confidence to engage stakeholders and escalate issues where required.
  • Resilience, a strong work ethic and a positive, team-oriented approach aligned to CBA’s values of Care, Courage and Commitment.
  • Proactively identify, understand and act on current and future risks.

Responsibilities

  • Support day-to-day financial control activities, ensuring transactions are appropriately accounted for and finance processes operate accurately and effectively.
  • Support accounts payable and payment processes, including invoice processing, payment execution and vendor support, in line with internal policies and controls.
  • Support month-end and year-end close, ensuring transactions are recorded in the correct period and appropriate general ledger accounts, with issues investigated and resolved on a timely basis.
  • Prepare and post journal entries, including accruals and other month-end adjustments, ensuring entries are accurate, appropriately supported and correctly classified.
  • Prepare and maintain balance sheet reconciliations, investigating reconciling items and ensuring timely resolution of differences.
  • Perform profit and loss and balance sheet analysis, investigating key movements and providing clear explanations for material or unexpected variances.
  • Support statutory financial reporting and the external audit by preparing disclosures, supporting schedules and audit-ready working papers, and responding to auditor queries.
  • Develop an understanding of the Bank’s products and transaction flows and support finance workstreams for new products and strategic initiatives, including assessing their accounting and reporting impact.
  • Work closely with Business, Treasury, Risk and Operations to resolve queries and ensure finance requirements are understood and delivered.
  • Identify opportunities to automate and improve finance processes, enhancing efficiency while maintaining a strong control environment.

About the Company

CommBank

Full-spectrum financial services and banking

Commonwealth Bank of Australia (CommBank) provides a full range of financial services in Australia, including retail, premium, business and institutional banking, funds management, superannuation, insurance, investments and sharebroking. Customers use accounts, loans, investments and insurance through multiple channels with digital tools and advisory services to manage money, borrow, invest and plan for the future. It differentiates itself by its size, scale and breadth, offering a broad suite of services under one umbrella to serve the Australian market. Its goal is to help all Australians build and manage their finances and to engage with customers and communities.

Company size
10,001+
Company stage
IPO
Headquarters
Sydney NSW, Australia
Founded
1911

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