Join to apply for the Management Accountant role at Reserve Bank of Australia
Join to apply for the Management Accountant role at Reserve Bank of Australia
* Max-term contract until June 2027 with hybrid work environment
* Contribute to an inclusive and collaborative culture
* Impactful work that helps make a difference to the Australian people
We are seeking a Management Accountant with experience across consolidated performance reporting, data and analytical reporting. The Management Accountant will be responsible for delivering management accounting services to the Bank, working closely with Finance Partners, Project Partners and Financial Control to deliver actionable insights to support the business areas achieve their strategic and operational objectives. The Management Accountant will ensure completeness, accuracy, and integrity of financial data to support effective management reporting and analysis.
Your role:
* Support the Month-end close process, budget and forecast processes across the RBA Business areas including consolidation, analysis and reporting of key performance measures and trends.
* Analyse the enterprise revenue and cost bases to identify areas for improvement, including supporting the development and monitoring of various initiatives.
* Identify opportunities for automation and process improvements.
* Leverage financial software and tools to streamline analytical and reporting processes.
* Ad-hoc development of forecast and scenarios models as required by Head of DAR.
* Work closely with Finance Partners to ensure adherence to cost management practices and provide guidance on cost control, ensuring accurate allocation of costs to various departments and projects.
* Prepare and distribute monthly financial reports that highlight key financial metrics and trends. Conduct variance analysis to compare actual performance against budget and forecasts.
* Respond to ad hoc reporting requests from senior management and other stakeholders.
* Ledger accuracy - ensure the accuracy and completeness of the general ledger by regularly reviewing and reconciling accounts.
* Journal entries - prepare and post journal entries, ensuring they are properly documented and approved.
* Audit preparation - assist in the preparation of audit schedules and provide support during internal and external audits.
* Develop key performance indicators, using them to conduct reviews to measure financial and operational performance leading to actionable feedback to improve results. Supporting continuous improvement initiatives to enhance overall business performance.
* Ensure compliance with financial regulations and internal policies.
* Identify and mitigate financial risks through effective risk management strategies.
About You:
* Significant experience with the practical application of accounting principles and experience in financial modelling and analytical reporting.
* Demonstrated experience working with charge-back/cost-recovery/show-back models.
* Extensive experience in preparing, monitoring, and reporting of annual and project budgets.
* Experience with IBM Planning Analytics (TM1) or similar financial planning and reporting systems is highly desirable.
* Advanced knowledge and experience using budgeting and planning tools, and Microsoft Office applications.
* Experience with budgeting and management reporting processes, including preparation of internal management reports.
* Advanced knowledge of management accounting methodologies.
* Tertiary qualifications in accounting.
* Open to considering applicants with systems accounting experience.
Be More
Working for an organisation that truly makes a difference to the people of Australia, we can offer development and career opportunities in a collaborative environment that supports your growth, wellbeing and promotes flexibility. Your individual growth and success drives the RBA forward as an organisation. Be more means you can do more, for yourself and for Australia.
Why RBA?
The RBA makes an important contribution to the Australian economy through the pursuit of national economic policy objectives and associated activities in financial markets and banking. We also issue Australia's banknotes and operate infrastructure critical to the payments system, all of which contribute to the welfare of the Australian people.
Made up of specialists across a wide range of fields, our people, values, and culture play a critical role in achieving our objectives. Striving to be Open & Dynamic, we consider and incorporate different perspectives, work across teams and are transparent with each other, whilst delivering quality together effectively and focusing on outcomes by prioritising, testing, learning, and refining as we go.
Our people conduct themselves with a high degree of integrity, while striving for excellence in the work they perform and the outcomes they achieve. We encourage intelligent inquiry and we treat one another with respect while promoting the public interest through our efforts.
We know it is the growth and success of our people that drives the RBA forward. Come and make a bigger contribution while you build and develop your own skills too, because being more means you can do more, for yourself and for Australia.
The Reserve Bank of Australia is committed to equity, diversity and inclusion through key initiatives. We welcome and encourage applicants from diverse backgrounds to apply, including Aboriginal and Torres Strait Islander peoples, culturally and linguistically diverse background, those living with a disability and from the LGBTQ+ community. We are committed to making the recruitment process fair and equitable for all our candidates.
Seniority level
* Seniority level
Entry level
Employment type
* Employment type
Contract
Job function
* Job function
Accounting/Auditing and Finance
* Industries
Banking
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