MIS Analyst (Financial Reports)

State Bank of India; Sydney; On-site; AUD 50,000 - 68,000; Full time

Job summary

SBIA Australia is hiring a Graduate MIS Analyst to support the Finance team with standard financial reports, regulatory return inputs and performance data. This development role targets graduates building a career in bank finance and regulatory reporting, with outputs reviewed by a manager.

The role covers data validation, the fixed asset register and the MIS system, following established procedures in a controlled banking environment.

Qualifications

• Accounting knowledge of regulatory reporting
• Data handling and data validation
• Attention to detail and accuracy in reporting

Responsibilities

• APRA & ABS returns: collate data and prepare returns for review
• ASIC lodgements: assist with preparation of lodgement forms
• Financial statement schedules: assist with preparation of schedules and annexures
• AuSTRAC reports: assist with standard reports on processed and unprocessed transactions
• Daily monitoring: run daily asset and liability position reports and report exceptions
• Fixed asset register: record additions/disposals and reconcile with GL
• Budget support: collate budget inputs and compile them into templates
• Data checks: perform routine KPI and financial data checks
• Team support: provide information and assistance to team members

Skills

Accounting knowledge

Data handling

Systems understanding

Attention to detail

Communication

Willingness to learn

Education

Bachelor's degree in Finance, Accounting, Business Administration or related field

Job description

Twelve Months - Full-time Fixed Term Contract.

38 hours per week

Onsite at SBI Sydney Office (Level 46, 264 George Street, Sydney).

Salary $58,980 per annum + superannuation.

About SBIA Australia:

SBIA, began operations in Australia in 1998 and has since played a crucial role in fostering trade between India and Australia through trade finance products. We operate under the oversight of the Reserve Bank of India and Australian Prudential Regulation Authority (APRA), providing services such as deposits, remittances, trade finance solutions, and syndicated loans. Join us in our dynamic office environment and become part of a global legacy in banking.

About the Role:

The Graduate MIS Analyst supports the Finance team by preparing and processing standard financial reports, regulatory return inputs and performance data. The role works within defined limits and the bank's established routines, methods and procedures, and all output is reviewed by the Finance Manager or a senior team member before use or submission.

The Graduate MIS Analyst supports data validation, the fixed asset register and the bank's MIS system. This is a development role suited to a graduate building a career in bank finance and regulatory reporting.

MIS Analyst (Financial Reports)

• Twelve Months - Full-time Fixed Term Contract.
• 38 hours per week
• Onsite at SBI Sydney Office (Level 46, 264 George Street, Sydney).
• Salary $58,980 per annum + superannuation.

About SBIA Australia:

SBIA, began operations in Australia in 1998 and has since played a crucial role in fostering trade between India and Australia through trade finance products. We operate under the oversight of the Reserve Bank of India and Australian Prudential Regulation Authority (APRA), providing services such as deposits, remittances, trade finance solutions, and syndicated loans. Join us in our dynamic office environment and become part of a global legacy in banking.

About the Role:

The Graduate MIS Analyst supports the Finance team by preparing and processing standard financial reports, regulatory return inputs and performance data. The role works within defined limits and the bank's established routines, methods and procedures, and all output is reviewed by the Finance Manager or a senior team member before use or submission.

The Graduate MIS Analyst supports data validation, the fixed asset register and the bank's MIS system. This is a development role suited to a graduate building a career in bank finance and regulatory reporting.

Key Responsibilities

• APRA & ABS Returns: Collate data and prepare monthly, quarterly and annual regulatory returns using established templates and procedures, for review and submission by the Finance Manager.
• APRA Queries: Extract and collate data on monthly and quarterly movements to support the Finance Manager's responses to APRA queries.
• ASIC Lodgements: Assist with preparation of standard ASIC lodgement forms from approved financial statements, for review.
• Financial Statement Schedules: Assistwithpreparation of standard schedules and annexures for monthly, quarterly and annual financial reports, including:
  • Balance sheet annexures
  • Profit and loss annexures
  • Head Office reporting pack schedules
  • Data for ABS Balance of Payments and International Investment Position (BoP/IIP) returns
• Audit Support: Assist with preparation of standard audit schedules and supporting documents, and provide information requested by auditors.
• Income Tax & Transfer Pricing: Collate the data and schedules requested by external tax consultants for income tax returns and transfer pricing documentation.
• GST & PAYG: Assist with preparation of GST (BAS) and PAYG reconciliations using established templates, for review.
• Performance Reports: Assist with preparation of standard monthly reports on key financial indicators and ratios using established templates.
• Budget Support: Collate budget inputs from stakeholders and compile them into the budget template.
• Asset and Liability Reports: Assist with preparation of standard currency-wise, sector-wise, maturity-wise and country-wise reports on the banking book from the MIS system.
• Data Checks: Perform routine checks on KPI and financial data in line with established checklists.
• Daily Monitoring: Run daily asset and liability position reports from the MIS system and report exceptions to the Finance Manager.
• Account Coding: Check the coding of new and existing accounts in the MIS system against the coding guide and refer discrepancies for resolution.
• Fixed Asset Register: Record fixed asset additions and disposals in the register in line with the fixed asset procedure, and perform the monthly reconciliation of the register to the general ledger.
• AUSTRAC Reports: Assist with preparation of standard reports on processed and unprocessed foreign transactions using established procedures, for review before submission to AUSTRAC.
• Daily Trial Balance Check: Perform the daily trial balance check against the established checklist and report unusual items to the Finance Manager.
• Controls: Follow the controls and procedures established by management in day-to-day work.
• Issues and Incidents: Record issues and incidents in the GRC tool and report them to the Finance Manager.
• Risk Register: Help maintain risk register records as directed.
• Reputational Risk Awareness: Identify and report potential reputational risks promptly.
• Risk Culture: Uphold a positive risk culture aligned with organisational values and the risk management framework.
• Training: Complete all required risk management training on time.
• Work Scheduling: Organise own work schedule to meet reporting deadlines.
• Correspondence: Draft routine correspondence appropriate to the role.
• Team Support: Provide information and assistance to other team members.

Qualifications

• Education: Bachelor's degree in Finance, Accounting, Business Administration or a related field.
• Experience: Recent graduate, or up to 12 months' experience in financial reporting, MIS or regulatory reporting within the banking or financial services industry.
• Certifications: Studying towards CA, CPA or another relevant certification is an advantage.

Skills

• Accounting Knowledge: Working knowledge of accounting principles and an awareness of regulatory reporting (APRA, ASIC).
• Data Handling: Good Excel skills and accuracy when working with large datasets.
• Systems: Ability to learn financial and MIS systems quickly.
• Attention to Detail: High level of accuracy and care in preparing reports and following procedures.
• Communication: Clear verbal and written communication, including drafting routine correspondence.
• Willingness to Learn: Keen to develop in bank finance and regulatory reporting.

Additional Information

• Work Environment: Office-based role with interactions with external auditors and internal stakeholders.
• Travel: Minimal travel required, primarily for audit meetings or training purposes.

Be careful - Don’t provide your bank or credit card details when applying for jobs. Don't transfer any money or complete suspicious online surveys. If you see something suspicious, report this job ad.