Cost Associate

About the role

At ANZ our purpose is to shape a world where people and communities thrive. We’re making this happen by improving our customers’ financial wellbeing so they can achieve incredible things - be it buying their home, building a business or saving for things big or small.

**Role Location**: 833 Collins Street, Docklands VIC 3008

**Role Type**: Permanent, Full-Time opportunity

Your business

The Cost Centre of Excellence (‘Cost CoE’) is part of the Financial Performance Management team (‘FPM’) within Enterprise Finance and is responsible for supporting the Group CFO, the Deputy & Divisional CFOs and the business make optimal resource allocation decisions in relation to cost. To do this, the Cost CoE undertakes a range of performance management activities including planning, forecasting, reporting and analysis, which provide actionable insight and advice to its stakeholders. The Cost CoE establishes governance and performs financial control activities within the cost domain to ensure the integrity of the cost result.

Within FPM, the Cost CoE provides enterprise capability and divisional expertise to drive strategic outcomes and leverages its scale to drive continual process improvement within the cost domain.

Your team’s role

The Group Functions Cost team sits within the Cost CoE and is responsible for supporting the Enablement businesses, their CFO, and other key stakeholders by providing insights and analytics on the Group Functions’ cost base. The Group Functions Cost team looks across the investment and operating costs of Risk, Enterprise Services, Talent and Culture, Finance, Property and other supporting functions, to contribute to delivery of the broader strategic cost agenda.

Your reporting lines and stakeholders

You will report to the Cost Manager for Finance, Legal and Corporate Centre.

To succeed in your role, you will need to develop and maintain strong stakeholder relationships across the Cost COE, FPM, other Finance teams (e.g. the Finance Systems, Data & Innovation team (‘FSDI’); Financial Control) and, when required, business stakeholders within the Finance, Legal and Corporate Centre businesses where relevant. You will also need to collaborate closely with dedicated change teams that sit within the Cost COE function to deliver change initiatives impacting your business area.

What will your day look like

As a Cost Associate, you will work as part of a team of Cost Experts with responsibility for all cost related activities at a Divisional level, including provision of accurate and timely financial information (Actuals, Performance Reporting, Outlook, Plan and provision of insightful cost related data and analytics), covering BAU costs and investments/projects.

You will primarily be Divisionally aligned; and will have generalist Finance skills with BU level responsibilities.

As a divisionally aligned Cost Expert you will be co-located with the Group Functions team forming close relationships with our peers to deliver a seamless service proposition for your stakeholders. In some cases, you may be required to build and maintain relationships with Business stakeholders.

You will be responsible for driving continuous improvement of cost processes to extract efficiencies, ensuring the optimisation of controls, management of risks, points of friction and governance obligations are met on a continuous basis; drawing on Cost CoE process experts to build a first class capability in Finance, focusing on best practice cost management and consistency of implementation across all Divisions in collaboration with relevant GPOs.

**Your key priorities and responsibilities include**:

- Financial reporting for the Finance, Legal and Corporate Centre cost base covering both operating and investment costs
- Financial analysis, modelling and insights across the cost bases
- Operating costs / Investment forecasting and budgeting
- Ensure management and statutory reporting obligations are well managed
- Drive continuous improvement of cost processes to extract efficiencies, optimise controls and better manage risks and governance obligations
- Work alongside Cost CoE process experts to build a first class capability in Finance, focusing on best practice cost management and consistency of implementation across all Divisions

What will you bring?

To be successful in this role, you will ideally bring the following:

- Proficient in core tools including Excel/PPT, Sharepoint, with a willingness to learn new tools including Financial Systems
- Strong verbal, visual and written communication skills to communicate initiatives, projects, ideas or progress to senior stakeholders
- Strong people and stakeholder management to support the effective delivery of projects/initiatives

So, why join us?

There’s something special about being part of ANZ. From the moment you join us, you’re part of a team working towards a common goal: improving the financial wellbeing and sustainabi