TREASURY & FINANCIAL LEAD
Ku-Ring-Gai Financial Services Limited (KFSL) provides a full banking service to the local community and is part of the Bendigo Bank Community Bank network. It is a local business owned by locals and staffed by people who have the community’s interest at heart.
With this purpose in mind, KFSL has returned over $3.2M to the local community since 2003 which has included financial sponsorships, community grants and donations to more than 100 community groups.
our engagement
We have been supporting KFSL since 2020 by providing specialised internal reporting and management support within this highly regulated and structured environment. Key information flows include treasury, detailed income and loan analysis, trend identification for each market segment and sensitivity analysis.
Results of these activities are applied to directly support the board, its individual members, and the Branch Management team.
Of course, we have not done this alone. We have built exceptional working relationships by collaboratively engaging with both KFSL Management and Bendigo Bank Team members to appropriately provide our analysis and reporting within the strict governance framework in place to protect any customer or private information.
the RESULTS
Our reporting, data management and analysis have been successfully applied to support decision making across all levels of KFSL. This has assisted to build understanding of the current and future options for the financial position, to optimise revenue opportunities and to realise cost savings, all of which have positively contributed to funding being made available for return to the community.