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Commonwealth Bank

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4.3
  • 1,000 - 50,000 employees

2023 CommBank FS Group Corporate Services - Accounting Graduate Program (Feb 2023)

Location details

On-site

  • Australia

    Australia

    • New South Wales

      Sydney

Remote

Sydney

  • Any location

    Remote work

Location

Sydney, Sydney

Opportunity expired

Opportunity details

  • Opportunity typeGraduate Job or Program
  • SalaryAUD 70,000 - 80,000 / Year
  • Additional benefitsCompetitive Market Rate
  • Application open dateApply by 20 Mar 2022
  • Start dateStart date 19 Feb 2023

DO WORK THAT MATTERS  

We provide financial support to our Board, our shareholders and work closely with all areas of CommBank and help set our overall business strategy. We are responsible for providing performance management, advice and governance. We advise each business unit about project management and also provide services such as consulting, taxation advice, decision support, management information system design and competitor analysis.  

Financial Services at CommBank includes Group Audit, Group Finance, Group Treasury, Institutional Banking & Markets Finance, Retail Banking Services Finance, Business Banking Finance, Enterprise Services Finance and Investor Relations. So, whether you wish to focus on financial or management accounting, supporting a particular area of our business, providing daily P&Ls for trading businesses, monthly performance reporting for product and client segments, budgeting, forecasting and ad hoc special reviews for both onshore and offshore locations, we can offer a vast array of rotation opportunities. 

As a team we’re responsible for the world-leading application of technology and operations across every aspect of CommBank; from innovative product platforms for our customers, to essential tools within our business.  

Financial Services continues to focus on fostering a highly engaged, inclusive, accountable and commercial workforce that is equipped with future-fit skills and capabilities. We are also committed to providing development opportunities to enhance the commercial and leadership capabilities of our people. 

WE’RE LOOKING FOR YOU  

We are looking for people who love numbers. Financial Services teams sit as the backbone to all our business units. We're looking for someone who is a strong communicator, critical thinker, and has a consultative approach.  

WE INVEST IN YOUR FUTURE  

The program commences on 20 February 2023, where you’ll join as a full-time permanent employee. Here you’ll get a taste of what it’s like working at CommBank through professional development opportunities including interactive masterclasses, training courses and graduate conference events to help you transition from full-time study to full-time life!  

The program centres around 4 key elements: 

  • Shine: Contribute from day one by working on real projects that impact our business and our customers, within Australia’s largest bank.
  • Develop: Participate in market-leading training to develop your technical and soft skills. This will help with the transition to full-time work from university and ensure you excel in your immediate and future roles.
  • Network: Build networks and friendships through unparalleled access to senior leaders, project leads and program sponsors, enhancing your personal and business profile.
  • Contribute: Give back to the community through graduate initiatives, driving positive change across our organisation and improving the wellbeing of our graduate cohort.

This 18 month structured Program starting on 20th February 2023, includes three six-month rotations in our core business areas with a fourth rotation of your preference while you are supported in finding your permanent placement within the Financial Services team.  
In Financial Services, your rotations will have a focus on business partnering with our business units, performance & analytics to provide insights for profitable growth and safeguarding the group in our operational risk and control teams.  

 You will receive extensive training and development including a comprehensive orientation at the beginning of your program, ongoing masterclasses and tailored training through each rotation. We provide financial support to all Financial Services graduates to complete their CA Certifications. 

WHAT YOU NEED TO KNOW 

  • You are an Australian/New Zealand citizen or Australian permanent resident at the time of your application (essential);
  • In your final year of your university degree or have graduated within the last 12 months (essential);and
  • Achieving at least a credit average across your university degree (essential).

At CommBank, we’re committed to building a diverse and inclusive workforce reflecting the customers, businesses and communities we serve. As a value’s driven organisation, we nurture and support our people; through focussing on skill and talent development, collaboration, flexibility and internal promotion. With service in mind at every touch point, we take accountability for the role we play in securing and enhancing the financial wellbeing of people, businesses and communities. At CommBank you can be you. 

Work rights

The opportunity is available to applicants in any of the following categories.

Work light flag
Australia
Australian CitizenAustralian Permanent Resident
Work light flag
New Zealand
New Zealand Citizen

Qualifications & other requirements

You should have or be completing the following to apply for this opportunity.

Degree or Certificate
Qualification level
Qualification level
Bachelor or higher
Minimum grade
Minimum grade
65 WAM or Percentage
Study field
Study field (any)

AND

Final Year Student

Hiring criteria

  • Experience requirementNo experience required
  • Working rights
    New Zealand Citizen
  • Study fields
    Business & Management
  • Degree typesBachelor or higher
  • Minimum grade
    65 WAM or Percentage
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Reviews

user
Graduate
Sydney
5 months ago

Client meetings, speaking with the frontline team regarding client files, administrative work

user
Graduate
Melbourne
5 months ago

It will vary depending upon what department/business unit you are in. However in my circumstance I am an Graduate/Analyst; my daily task involve morning emails, attending to applications and strategy papers, lots of meetings, some longer one rife with information or short ones to provide updates. Then after a lunch with the team it is back into credit writing. Then finishing off the day with emails. There is always time for a coffee run with the team and some good quality banter.

user
Graduate
Sydney
5 months ago

My role involves balancing business and customer needs in innovative and strategic ways. Day to day, I work on projects that involve uplifting certain aspects of the CBA App. I also work towards my graduate development goals to ensure I make the most out of this experience.

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About the employer

CBA Alpha 1 Primary Beacon RGB 50px@3x.jpg

Commonwealth Bank

Rating

4.3

Number of employees

1,000 - 50,000 employees

Industries

Banking & Financial Services

A brighter beginning for your career.

Pros and cons of working at Commonwealth Bank

Pros

  • Work-life balance and culture.

  • The vast amount of opportunities in the field of technology can help you upskill and keep motivated.

  • The people at CBA are extremely welcoming and talented.

  • Flexible working style and arrangements.

  • Clear investment in the technology area. This supports graduates in this area significantly.

Cons

    • As the company has the head office in Sydney, most of the teams are located there. If you are based in other cities, you may not have anyone in your team around you.

    • There is a level of competitiveness I find specifically in the Grad program cohort.

    • Limited career progression.

    • The over-importance of networking. You may not get as far as being 100% your authentic self.

    • With CBA being such a large organization, it can sometimes be difficult to navigate the ecosystem and find the right person who can help.