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Newstead

    Senior Accountant - Newstead, Australia - Bank of Queensland

    Bank of Queensland
    Bank of Queensland Newstead, Australia

    1 week ago

    Default job background
    Full time
    Description

    About the Role

    We are seeking an experienced and detail-oriented Senior Financial Accountant specialising in balance sheet reconciliations to join our dynamic finance team. As a Senior Financial Accountant on the "End-to-End financial reporting risks and controls" project you will be responsible for embedding a standardised approach to balance sheet reconciliation, overseeing and executing the reconciliation process for a prioritised set of the Bank's balance sheet accounts and remediating reconciliation differences.

    You will work in collaboration with the project team as we gain a detailed understanding of end-to-end processes and controls, ensuring controls are mapped across all risks within the process (including risks from data capture to data consumption), for financial statement reporting. This critical role requires a deep understanding of accounting principles, excellent analytical skills, and the ability to collaborate effectively with cross-functional teams.

    Key responsibilities include:

    Balance Sheet reconciliations:

  • Lead and embed a standardised approach to BS reconciliation across a prioritised sub-set of BS accounts
  • Ensure accuracy and completeness of financial statements by resolving discrepancies and variances promptly.
  • Identify and investigate any anomalies or irregularities, providing insightful explanations and solutions.

    • Financial Reporting:

  • Collaborate with internal and external auditors during audit processes, ensuring a smooth and efficient audit experience.

    • Process Improvement:

  • Evaluate and enhance existing reconciliation processes to increase efficiency and accuracy.
  • Implement best practices for balance sheet reconciliation and take ownership of development of related financial policies and procedures.

    • Cross functional collaboration:

  • Work closely with other departments, including but not limited to Retail Bank, Business Bank, Treasury, Operations, and Payroll to ensure alignment and accuracy in financial reporting.
  • Provide support and guidance to the financial accounting team, fostering a collaborative and knowledge-sharing environment.

    • Stakeholder Communication:

  • Communicate effectively with internal and external stakeholders, including business lines and auditors.
  • Present findings, recommendations, and status updates to the project lead & General Manager of Financial Reporting & Control.

    • About you

    Key skills and experience required for this role include:

  • CA/CPAqualified (or international equivalent).
  • 7+ years progressive post qualification experience in financial control.
  • Demonstrated ability to implement best practice Balance Sheet reconciliations and control frameworks.
  • Strong understanding of accounting principles, financial reporting standards and regulatory requirements.
  • Experience of adhering to project deliverables, while working autonomously.
  • Excellent communication and presentation skills with the ability to convey complex concepts.
  • Curious mindset with a view to implement continuous improvement.
  • Financial Services expertise preferred.

    • About Us

    Bank of Queensland Group is a truly unique group of challenger brands with a purpose – to provide a genuine alternative to Australian financial services for customers and employees.

    Our family of brands (Bank of Queensland (BOQ), ME Bank, Virgin Money Australia, BOQ Specialist), each come with their own defined customer audience and brand personality, but share one goal – to build social capital through banking. That's creating trust with customers, exploring staff potential and believing that tiny gestures and big ideas can change the world for communities.

    BOQ Group's inclusive vision is to foster a workspace that values and leverages difference and creates new possibilities, a place where our people feel confident to bring their best selves to work every day. We embrace difference and believe that our workforce should reflect the customers and communities that we serve.

    Since BOQ Group is recognised as an Employer of Choice for Gender Equality by the Workplace Gender Equality Agency (WGEA).

    In , we successfully implemented an innovative Reconciliation Plan, driving positive change and promoting inclusivity across the BOQ group.

    Our Perks


    • Flexible working arrangements

    • Discounted financial products

    • Salary sacrificing options

    • Paid parental leave with no minimum

    • Paid volunteer days

    • Purchase annual leave

    • Discounted private health insurance plan

    • Employee Assistance Program (EAP)

    • Access to employee network groups focused on First Nations Reconciliation, LGBTQIA+, Multicultural, Gender, Early Careers and accessibility

    • BOQ Group is a member of Pride in Diversity and a participating organisation in the Australian Workplace Equality Index

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