Are you ready to be part of an organisation that values expertise, passion and diversity? At CFS we know that the foundation of our success lies in our exceptional people. We believe in celebrating individuality, have a passion for high performance and creating an environment where you can unleash your full potential. Our people enable us to make a difference and deliver exceptional experiences to help our customers achieve financial freedom.

Your Team

The Cash Control Team is part CFS’s Customer Operations and is responsible for delivering accurate reporting and performing timely clearance of reconciliation exceptions relating to investor flows, feeding through our various application and clearing trust accounts. Cash Control performs reconciliations across all First Choice, Essential Super and Everyday Investing products.

The role plays a critical part in maintaining client monies compliance, mitigating financial risk, and supporting daily fund operations through effective cash management.

Your Responsibilities

• Perform daily and periodic reconciliations of allocated bank accounts, including applications, clearing, and investment-related accounts, ensuring all reconciling items are fully investigated and resolved within required timeframes

• Ensure reconciliations are completed in accordance with Standard Operating Procedures (SOPs), with clear and accurate annotations (including reason, action, and follow-up

• Monitor and manage aging items, escalating breaches or potential risks in line with client monies and internal risk requirements

• Validate payment requests and supporting documentation to ensure accuracy, appropriate authorisation, and compliance with internal controls.

• Assist with adjustments and reimbursements, ensuring deadlines are met to support downstream processing and fund valuation activities

• Ensure all activities comply with client monies obligations, internal controls, and regulatory requirements.

• Identify control gaps, process weaknesses, or recurring issues and proactively escalate, propose improvements and assist to implement
  

Your Capability and Experience

• Strong attention to detail with the ability to analyse and resolve complex cash and reconciliation issues.

• Sound understanding of cash management, bank reconciliations, and client monies controls.

• Ability to manage competing priorities and meet strict daily and regulatory deadlines.

• Clear written and verbal communication skills, with confidence engaging multiple stakeholders.

• High level of accountability, ownership, and risk awareness.

• Experience in fund operations, banking operations, or financial services (cash control or reconciliations preferred).
  

What to Expect

At CFS, you'll be working among the very best in the wealth management industry. It's an inspiring environment that encourages development and celebrates success. Other things to look forward to:

• Access to CFS Employer Super, which offers an expansive investment menu and flexible insurance solutions
• Support with financial services, including discounts on home loans and daily bank accounts through our partnership with a leading financial institution
• Access to 24/7 confidential support covering safety, medical and mental health services
• Additional leave day to celebrate your birthday
• Life Leave - 3 days per annum to focus on your wellbeing or celebrate a special event
Exclusive discounts on retail, travel and entertainment

CFS Culture

At CFS we are committed to creating a thriving environment where individuals can flourish. We believe that success is built upon strong teams, and we are dedicated to celebrating uniqueness, championing individuality and supporting a diverse and inclusive workforce. We believe that when you can truly be yourself, you can unlock your full potential.

Apply today and join us in helping Australians to achieve their financial freedom.

Please note, CFS requires all candidates to have full work rights in Australia.

Where we have preferred candidates, background checks (including Police, Employment, Bankruptcy checks, ASIC banned and disqualified persons) will be completed prior to the final preferred candidate’s employment being confirmed. The outcomes of the background checks do not preclude the preferred candidate, however, they will be assessed against the inherent requirements of the role.

This role is based on Gadigal Land (Sydney).