Reporting to the CEO, the CFO is accountable for the administrative, financial, and risk management operations. This includes the development of a financial and operational strategy, metrics tied to that strategy, and the ongoing development and monitoring of control systems designed to preserve company assets and report accurate financial results.
The organisation is a mid-sized NFP business providing multiple services to the local community.
Description The CFO will lead on the following:
Leadership Foster a positive team environment characterised by high levels of motivation and collaboration, encouraging teamwork and mutual support among team members. Lead and oversee the team's day-to-day operations, providing direction and support as needed. Guide, mentor, and coach team members to help them achieve both individual and company objectives and targets, fostering a culture of continuous improvement. Cultivate staff capabilities through targeted training initiatives, aiming to build a highly skilled and capable team capable of delivering world-class customer service standards to both internal and external stakeholders. Assist in formulating the future direction and supporting tactical initiatives. Monitor and direct the implementation of strategic business plans. Develop financial and tax strategies. Manage the 3-year forecast and annual budgeting processes and reporting against budget. Operations Provide strategic financial advice to the CEO, Executive team, and managers in all aspects of financial management, annual budget development, and monthly budget reporting of variances. Manage the financial reporting for the organisation, including monthly financial reporting, budgeting and forecasting, 3-year financial plans, and all statutory financial reporting. Oversee the preparation of the Annual Financial Report of Operations in accordance with legislative standards. Provide timely financial reports and monitor the effectiveness of accounting and financial management information systems and financial controls in meeting all legislative and departmental requirements. Oversee Accounts Payable, Accounts Receivable, Tax, Treasury, Payroll, Financial and Management Accounting functions. Maintain liaison with Government agencies to maximise funding and income opportunities for service development and growth strategies. Manage and oversee the cash flow of the organisation and ensure it has the appropriate treasury controls. Manage the External Auditor relationship and ensure the organisation is compliant with accounting standards. Prepare and interpret financial accounting reports to support the CEO and Executive team in decision making. Maintain accurate data information systems including reporting systems and projects. Oversee the issuing of financial information. Ensure all required financial information is prepared and presented on time. In consultation with the CEO and other senior managers, prepare long-term financial plans and strategies; coordinate the preparation of annual budgets; coordinate external audits and preparation of the Annual Financial Report. Monitor cash balances and cash forecasts. Manage the transition of work currently undertaken by external accountants to in-house, including tax compliance. Provide Management with information and produce KPIs on milestone reports against targets. Understand and mitigate key elements of the company's risk profile. Monitor all open legal and insurance issues involving the company, and legal issues affecting the industry. Actively participate in the Continuous Improvement Program and Risk Management Programs to promote a quality and risk minimisation culture within the finance department. Assist in the maintenance of the financial portion of the Risk Register. Construct and monitor reliable control systems. Maintain appropriate insurance coverage. Ensure that the organisation complies with all legal, regulatory, contract, and grant requirements. Ensure that record keeping meets the requirements of auditors and government agencies. Assess credit exposure to clients and other third parties and manage accounts receivable to targets. Report risk issues to the Executive Audit, Governance, and Risk committee of the Board of Directors. Manage risk to ensure the business has a solid risk framework in place. Maintain relations with external auditors and investigate their findings and recommendations. Profile The CFO will be required to meet the below requirements:
CA/CPA Qualified Extensive experience in executive leadership roles Experience within a NFP and/or Aged Care/Health environment Demonstrated management and leadership skills with good communication and clear direction in service provision. Experience with service/product costing. Demonstrated experience in translating business requirements into workable business solutions. Proven ability to work within a team whilst leading and delegating effectively. Job Offer The business is located in the Northern suburbs and this role will be 5 days in office. The role is paying circa $180k- $200k base + super.
To apply online please click the 'Apply' button below. For a confidential discussion about this role please contact Robert Husbands on 0466534***.
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