About Company
Westpac Banking Corporation, established in 1817, is Australia’s first bank and oldest company. With a rich history spanning over two centuries, Westpac has evolved into a leading financial services organization, serving millions of customers across Australia, New Zealand, and the Pacific region. Our diverse portfolio includes consumer banking, business banking, wealth management, and institutional banking. We are driven by a singular purpose: to help our customers, communities, and people prosper. This purpose is underpinned by our core values of service, collaboration, integrity, courage, and achievement. We are deeply committed to fostering a diverse and inclusive workplace where every employee can thrive, grow, and contribute meaningfully to our collective success. Joining Westpac means becoming part of a legacy of innovation and unwavering commitment to financial excellence, where your career growth is actively supported, and your contributions are highly valued within a global financial institution.
Job Description
We are seeking a highly motivated and detail-oriented Financial Analyst to join our dynamic team in Waikalua, Kaneohe, Hawaii. This is an immediate hiring opportunity for an individual passionate about driving financial performance and contributing to strategic decision-making within a global financial institution. As a Financial Analyst at Westpac, you will play a crucial role in providing insightful financial analysis, assisting with budgeting and forecasting processes, and preparing comprehensive performance reports. You will work closely with various business units, assisting them in understanding their financial health, identifying key trends, and optimizing their operational efficiency. Your expertise will be instrumental in developing robust financial models, preparing detailed reports, and presenting your findings clearly and concisely to diverse stakeholders, thereby enabling informed business strategies and sound financial planning. This role offers an exciting chance to deepen your financial acumen, enhance your analytical and interpretive skills, and make a tangible impact on our business outcomes. We are looking for someone who is not only proficient in financial methodologies and tools but also possesses strong communication skills to articulate complex financial information clearly and concisely to both finance and non-finance professionals. If you are a proactive problem-solver with a keen eye for detail, a strong work ethic, and a desire to contribute to a collaborative and forward-thinking environment, we strongly encourage you to apply. This position is ideal for a professional looking to advance their career in financial services and contribute to a company with a strong commitment to its employees and the communities it serves. Embrace this opportunity to become a vital part of Westpac’s continued success in the vibrant Kaneohe region.
Key Responsibilities
- Conduct in-depth financial analysis to support strategic business decisions and initiatives across various departments.
- Develop and maintain complex financial models for forecasting, budgeting, and variance analysis.
- Prepare comprehensive monthly, quarterly, and annual financial reports for internal management and external stakeholders.
- Monitor financial performance against established budgets and forecasts, meticulously identifying key drivers of variances and potential risks.
- Provide actionable insights and data-driven recommendations to optimize financial performance and operational efficiency.
- Collaborate effectively with cross-functional teams to gather relevant data, understand specific business needs, and present findings.
- Assist in the preparation of annual operating plans and long-term strategic financial plans.
- Evaluate investment opportunities and conduct thorough cost-benefit analyses to inform decision-making.
- Ensure strict compliance with all financial regulations, internal policies, and accounting standards.
- Support ad-hoc financial projects and analyses as required by senior management and executive leadership.
Required Skills
- Proficiency in financial modeling and advanced data analysis tools (e.g., Microsoft Excel, financial planning software).
- Strong understanding of accounting principles, financial statements, and corporate finance concepts.
- Excellent analytical, critical thinking, and problem-solving abilities.
- Demonstrated ability to interpret complex financial data and translate it into clear, actionable insights.
- Strong written and verbal communication skills for presenting findings to diverse audiences.
- Bachelor's degree in Finance, Accounting, Economics, Business Administration, or a closely related field.
- Proven experience with budgeting, forecasting, and comprehensive variance analysis.
Preferred Qualifications
- Master's degree in Finance or Business Administration (MBA), or a professional certification (CFA, CPA).
- Experience with large-scale ERP systems such as SAP, Oracle, or similar.
- Familiarity with financial regulations and compliance frameworks specific to the banking or financial services industry.
- Prior professional experience working in the banking or financial services sector.
Perks & Benefits
- Competitive base salary and performance-based bonus opportunities.
- Comprehensive health, dental, and vision insurance coverage for employees and their families.
- Generous paid time off (vacation, sick leave, public holidays).
- 401(k) retirement savings plan with substantial company matching contributions.
- Extensive opportunities for professional development, training, and continuous learning.
- Tuition reimbursement program for eligible employees pursuing further education.
- Employee assistance program offering confidential support and resources.
- Initiatives promoting work-life balance and overall employee well-being.
- A supportive, collaborative, and inclusive work environment with opportunities for career advancement.
How to Apply
Interested candidates are strongly encouraged to click on the application link below to submit their resume and a comprehensive cover letter. Please ensure your application thoroughly highlights your relevant financial analysis experience, your analytical capabilities, and your passion for contributing to a leading global financial institution like Westpac.