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Commonwealth Bank

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4.2
  • 1,000 - 50,000 employees

Commonwealth Bank 2021 Financial Services (Accounting) Graduate Program

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Opportunity details

  • Opportunity typeGraduate Job
  • Application open dateApply by 16 Mar 2020

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 & Private Banking Finance and Enterprise Service Finance. So, whether you wish to focus on financial or management accounting, support 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. 

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

When you join our Graduate Program, you join as a full-time permanent employee. So you know we're invested in you to transition from full-time study to full-time life!

It 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 15 February 2021, 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 and ongoing masterclass 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.

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
Study field
Study field (any)
Business & Management (english)
  • Actuarial Studies
  • Business
  • Business Administration
  • International Business
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  • Office Studies
  • Project Management
  • Event Management
  • Economics
  • Human Resources
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  • Transport, Logistics & Procurement
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Creative Arts
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Property & Built Environment
  • Property, Land & Real Estate
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Sciences
  • Biochemistry
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  • Sciences (all other)
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Teaching & Education
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Hiring criteria

  • Experience requirementNo experience required
  • Study fields
    Business & Management (english)
  • Degree typesBachelor or higher
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About the employer

Commonwealth Bank logo

Commonwealth Bank

Rating

4.2

Number of employees

1,000 - 50,000 employees

Industries

Accounting & Advisory

Start at the forefront. Explore your future with us.

Pros and cons of working at Commonwealth Bank

Pros

  • Great work-life balance, surrounded by brilliant people

  • It is a very big organisation and there are many opportunities outside your business area. There are secondment roles opportunities which give you a chance to try a role outside your speciality. The Graduate Program has provided excellent conferences all throughout the year which are very valuable for our professional development.

  • Great workplace culture with lots of career development. People are friendly and willing to help.

  • Flexible working arrangements Ability to move around to different teams Different initiatives that run in the bank, that you're able to join The number of networks you're able to make

  • A great place to work - there is flexible work culture, we are strongly focused on helping our community, plus the pay is good too :)

Cons

    • Fairly strict graduate rotation policy, not full freedom of where we can rotate

    • Large company so at times it can be very difficult to get what you need quickly and hard to deliver projects unless you know the right people.

    • Red tape, things can sometimes move slowly Lots of meetings, some unnecessary

    • Remuneration compared to the market.

    • The legacy tech that slows down development can sometimes be frustrating/require workarounds.