Accounting and Finance Graduate

Communityfirst; Sydney; On-site; AUD 150,000 - 190,000; Full time

Job summary

Community First Bank in Australia seeks a Financial Controller to support and maintain its Financial Control Framework and Accounting functions. You will handle GL maintenance, reconciliations, audits, budgeting, forecasting, and statutory reporting in a member-owned bank with regional presence.

The role requires strong analytical skills, advanced Excel, and experience with banking systems. You will collaborate across business areas, provide financial insights, and assist in month-end and

Qualifications

• Bachelor degree in Business or Commerce required.
• Strong analytical and modelling skills with advanced Excel.
• Experience with banking and finance systems and reporting.
• Experience with Power BI and Microsoft Office tools.
• Ability to communicate financial and treasury information clearly.
• Studying towards professional qualification in finance or accounting.

Responsibilities

• Daily upload of transactions and GL mapping.
• Administration of the accounting system.
• Assist with daily trial balance reconciliation.
• Assist with monthly portfolio movement reporting.
• Prepare quarterly BAS and annual FBT.
• Assist year-end statutory accounts and audits.
• Support month end processes and Board reporting.
• Provide support to AP and Payroll.
• Assist budgeting and forecasting processes.

Skills

Analytical skills

Advanced Excel

Financial reporting

Communication skills

Problem solving

Education

Bachelor in Business/Commerce

Studying towards professional qualification

Tools

Microsoft Office

Power BI

Access

Outlook

Job description

Community First Bank is one of Australia's leading customer-owned banks, proudly serving members and communities since 1959. With more than 80,000 members, over $2.4 billion in assets, and a strong presence across Sydney, the Illawarra, Sutherland Shire, Western Sydney and the Hunter region, Community First Bank is built on a simple philosophy: people helping people. As a member-owned organisation, we reinvest in delivering exceptional service, competitive products, and meaningful community support rather than generating profits for external shareholders. Our purpose is to help our members achieve their financial goals through trusted relationships, innovation, and a genuine commitment to the communities where we live and work.

Position Scope

Reporting directly to the Financial Controller, this position is responsible for supporting and maintaining the organisations’s Financial Control Framework and Financial Accounting functions. Key responsibilities include financial accounting; general ledger maintenance; reconciliations and

analysis; audit process management; assist in the Budgeting and Forecasting process and the preparation of Statutory and Regulatory reporting.

Key Responsibilities

• i. Daily upload of transactions from the core banking system to the accounting system and the maintenance of general ledger mapping.
• ii. Administration of the accounting system.
• iii. Assist with the Daily Trial Balance reconciliation and that any variation is acted on promptly.
• iv. Assist with Daily and monthly portfolio movement reporting.
• v. Investigate and resolve any cashiering discrepancies.
• vi. Support reconciliation of daily electronic payments systems, including ATM, Visa, NPP, B-Pay and Bank@Post transactions, and process any adjustments required.
• vii. Produce payments for government taxes, including payroll tax, general withholding tax and other payments to government organisations.
• viii. Preparation of the quarterly Business Activity Statement and the annual Fringe Benefits Tax return.
• ix. Prepare statistical and other financial reports as required, including external credit rating and debt issuance presentation slides.
• x. Supporting Community First’s various business areas to add value and form business insights through financial reporting and analytics. Examples include expense reporting; funding and retention metrics; performance reporting; margin management, capital and return on equity, business case development and ad-hoc financial reports.
• xi. Provide support and back up to the Accounts Payable and Payroll functions.
• xii. Assist with month end processes including preparation of Board and Leadership reporting.
• xiii. Assist with the preparation of year-end statutory accounts and notes to the accounts as outlined by requirements of Australian Accounting bodies and other regulatory bodies.
• xiv. Assist with the annual budget process and monthly rolling forecast.
• xv. Assist with internal and external audits.
• xvi. Provide support and back up to the Assistant Accountant in management and regulatory reporting.

Position Requirements

• Ability to -
• work effectively with staff and senior management, showing cooperation, flexibility and the willingness to assist.
• manage time and competing priorities to ensure critical reporting timelines are met with quality information.
• consistently follow through to achieve agreed actions.
• identify opportunities to develop and implement new practices that enhance the quality of service provided.
• implement practices and procedures to prevent and if required reduce risk.
• rapidly learn and maintain up to date knowledge on Community First products and services through active learning.
• manage self and others performance and development to achieve goals.
• High attention to detail, integrity and professional accountability.

Knowledge Areas

• i. High level of understanding of the Community First banking and accounting systems.
• ii. Knowledge of internal, external statutory & regulatory requirements including Accounting Standards and Prudential Standards and the relevance / linking to Community First Policies and Procedures.
• iii. Knowledge of the relationship and responsibilities of internal and external audits.

Qualifications and Experience

• 1. Bachelor degree in Business / Commerce
• 2. Computer skills (Relevant experience with Microsoft Office programs such as Word, Access, Outlook, PowerPoint and Power BI)
• 3. Strong analytical and modelling skills with advanced excel skills
• 4. Ability to communicate clearly of financial and treasury information
• 5. Studying towards professional qualification
• 6. banking and finance systems and database reporting skills