Luke De Freitas
Woonona
Summary
Finance professional ready to drive financial strategies and optimize performance. Expertise in budgeting, forecasting, and financial reporting. Strong focus on team collaboration and flexibility to meet changing needs. Reliable, analytical, and results-oriented with keen eye for identifying opportunities for improvement.
Overview
6
6
years of professional experience
1
1
Certification
Work History
Finance Manager
Westpac Banking Corporation
02.2024 - Current
- Responsible for financial management of transformation initiatives across Consumer Finance, Digital and Marketing business units.
- Prepared & provided strategic financial insights to senior executives through monthly financial reporting & investment reporting committee (IRC) packs.
- Reviewed & analysed business cases (BSR) to ensure strategic alignment, reasonableness of 5-year benefit profiles, and tracking/reporting of initiative progress to ensure target benefit realisation.
- Identified & mitigated financial risks & opportunities through quarterly forecasting, variance analysis, and review of resource and vendor costs.
- Tracked & reported product numbers across Consumer & Business bank, to ensure simplification targets were achieved.
- Monitored project timelines end-to-end, assessing potential financial implication of delayed delivery and collaborating with the business on mitigation strategies.
- Conducted monthly headcount & Clarity timesheet analysis to ensure accuracy of resource cost allocations.
- Reviewed statements of work (SOWs) for CFO approval.
- Enhancement and creation of financial models and forecasts for operating expenses, provisions, and amortisation.
- Assessed financial and governance implications of adopting new capitalisation methodology vs legacy approach. Additionally, identified & mitigated the balance sheet and P&L implications associated with incomplete role type data in Clarity and WASP systems
- Comprehensive understanding of direct allocation and indirect allocation methodology.
- Performed Half & Full year end asset attestations. To ensure asset existence, future economic viability and compliance with SOX (Sarbanes-Oxley Act) requirements.
Senior Financial Analyst
Commonwealth Bank Australia
02.2022 - 01.2024
- Providing monthly, quarterly, and annual analysis of expense results, addressing profitability opportunities and challenges to senior management
- Prepared & presented detailed financial reports that provide business partners with key information to drive business decisions and understand current trends
- Enhancement and creation of financial models and forecasts for operating expenses, provisions, and amortisation
- Prepared technical accounting memorandums to support capitalisation of intangible assets
- Assisted auditors with year and half-year end reporting requirements
- Performed monthly reconciliation and maintenance balance sheet accounts
- Preparation of external disclosures requirements for sustainable reporting practices
- Performed monthly resource and SAW cost analysis for Business Banking
- Reviewed, analysed & reported on remediation provision balances.
- Enhancement of capital and expense processes, by transforming complex data into coherent information for senior management
Senior Auditor
Grant Thornton Australia Pty Ltd
04.2019 - 02.2022
- Managed year end audit engagements independently and as part of a team for large Retail, NFP and ASX Listed Companies
- Major audit clients include:
- ASX Listed - Liquid Capital Australia, TZ Limited & Invista
- NFP's - St Vincent De Paul, Charter Hall Holdings, UOW, Allevia, Achieve
- Franchises - Zambrero
- Retail - PE Nation, Soul Nation, MLA Holdings, Ingenico, FAHPL
- Strong understanding of audit and statutory reporting across multiple businesses
- Identified compliance issues and internal control weaknesses of audited entities
- Conducted financial analysis including; budgeting, auditing and forecasting
- Formed strong professional relationships with clients and identified new opportunities for clients and key stakeholders
- Trained employees in audit and regulatory compliance requirements
Education
Bachelor of Commerce - Accounting & Finance
University of Wollongong
06.2018
Skills
- IFRS
- AASB
- MS Excel
- MS Office
- Voyager Audit Software
- IDEA
- WASP
- Essbase
- Planview
- Apptio
- Tableau
- Alteryx
- Clarity APD
Certification
- Justice Of Peace
- First Aid Certificate / Officer
- Full Membership Chartered Accounting
Core Proficiencies
- Strong Understanding of IFRS & AASB
- Experience in the Audit of Large Retail and ASX Listed Companies
- Advanced in MS Excel
- Efficient in MS Office (Word, PowerPoint, Outlook)
- Advanced in Voyager Audit Software, IDEA, Essbase, Planview & Apptio
- Advanced in data analytic tools (Tableau, & Alteryx)
- Fast learner, quick to adapt to problems and new situations
- Thrive in collaborative environments
Timeline
Finance Manager
Westpac Banking Corporation
02.2024 - Current
Senior Financial Analyst
Commonwealth Bank Australia
02.2022 - 01.2024
Senior Auditor
Grant Thornton Australia Pty Ltd
04.2019 - 02.2022
Bachelor of Commerce - Accounting & Finance
University of Wollongong
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