Cost Associate Group Functions

3 days ago


Melbourne, Australia ANZ Banking Group Full time

About the role
- Part of a Finance function that builds capability, and looks to drive change across the bank
- Critically important role within a team that looks to help its business achieve its cost ambition
- Opportunity to drive significant change and design new solutions to challenging problems
- Financial reporting skilled role, supporting the broader Cost CoE finance team

**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 financial reporting and performance management activities. 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 Property and Procurement.

What will your day look like

As a Cost Associate Group Functions, 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 covering financial reporting for BAU costs and investments/projects.

You will primarily be Divisionally aligned; and will have general accounting finance skills with BU level responsibilities with a key focus on Financial Reporting.

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.

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 business stakeholders within the Property and Procurement 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 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
- Qualified/semi-qualified accountant with demonstrated financial reporting ability

So, why join us?

We’re reinventing the way we do banking, and our community of collaborative, innovative thinkers who create human-centred solutions are helping us get there. We’re responding faster to changing customer requirements, focusing on the things that matter.

We’ll also offer you the opportunity to develop your career, working in a diverse and inclusive workplace where the different backgrounds, perspectives and life experiences of our people are celebrated and create a great place to grow, thrive and belong.

A happy workplace is a thriving one, and some of the perks you’ll get at ANZ are:
Lifestyle leave - top up your annual leave with up to four weeks of additional purchased leave or take a longer period of unpaid time off
Great discounts on our financial products, and an annual Superannuation top up payment of $500 for all female employees to addre


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