Chief Financial Officer

Details of the offer

Merit List/Pools and How They Will Be UsedApplicants suitable for the role but not offered the position for the current vacancy may be placed in a merit list or pool. If the applicant agrees, the results may be shared with other Australian Public Service (APS) agencies for filling similar roles. Applicants may be offered a future role without the need to reapply. A merit list or pool may be used for up to 18 months.This merit list/pool may be used to fill other vacancies in Melbourne.The Role of CFOThis CFO role presents a unique opportunity in the Australian market. As a key strategic partner to the CEO and a member of the Senior Leadership Team (SLT), the CFO will play a pivotal role in shaping the Future Fund Management Agency's success, driving excellence through continuous evolution.The Agency supports the Board of Guardians in managing seven public asset funds, including the Future Fund. The Agency has recently expanded due to strong investment performance, new fund management responsibilities, and enhancements in technology and data functions. A new three-year strategic plan will further increase the Agency's growth, cost, and operational complexity.To meet these demands, the CFO will lead the Finance and Organisational Enablement teams. Finance covers financial management, tax advisory, compliance, and accounting, while Organisational Enablement encompasses functions like Workplace Experience, Procurement, Projects, Change, and Travel.The CFO will oversee multiple workstreams aligned with the strategic plan, driving the organisation forward. This role requires a strategic and commercially minded leader to support the Agency's mission of delivering investment returns for Australians.The Key Duties of the Position Include:Key ResponsibilitiesInvestment PerformanceServe as a key strategic leader driving investment returns, resulting in strong long-term performance across all managed funds.Oversee precise financial reporting and performance tracking, ensuring nimble yet secure commercial processes.Collaborate with the CIO and Investment team to deliver proactive commercial support, fostering robust internal and external stakeholder relationships.Organisational StrategyPartner with CEO to develop and align organisational strategy with long-term objectives, ensuring it supports investment performance and is monitored for quality, cost, and timeliness.Collaborate with the CEO, Board, and SLT to align strategy to oversee safe, efficient, and coordinated operations, leading to effective implementation of strategic goals.Lead the design and implementation of processes and systems that provide insightful, value-added financial analyses that enhance decision-making and drive organisational success.Trusted Adviser to the Board and Audit and Risk Committee (A&RC)Act as a trusted adviser to the Chair, Chair of the A&RC, and Board, ensuring they are effectively supported in fulfilling their duties.Oversee financial reporting, finance, tax risk management, and compliance, maintaining the high standards required for Australia's Sovereign Wealth Fund.Build and sustain trust with key stakeholders, ensuring strong, collaborative relationships.Ensure financial reporting is consistently of high quality and free from issues.Budget and Cost ManagementPartner with the CEO and SLT to set and manage the annual operating budget and headcount plan, ensuring cost discipline across business units.Monitor progress to ensure the budget is adhered to, adjusting implementation as needed to maintain quality and budget alignment.Financial ControlOversee financial and ERP systems to maintain an effective control environment and ensure compliance with global accounting standards and regulations.Ensure financial and tax processes support investment activities while balancing risk requirements.Communicate financial performance to stakeholders, ensuring accurate investment valuations and financial statements.Tax ManagementDevelop tax-efficient strategies and conduct due diligence for investment activities, ensuring compliance with global tax laws and regulations.Optimise tax planning and reporting, maintaining strong relationships with the ATO, Treasury, and external advisors.Run the Agency's Enablement Operations Safely and EfficientlyProvide senior leadership to organisational enablement functions, developing strong relationships with internal stakeholders.Propose changes to policies and the operating model to enhance efficiency, value, and quality outcomes.Be an Organisational Leader and Cultural Role ModelProvide strong, empowering leadership to the Agency, fostering a culture of collaboration, innovation, inclusion, and accountability.Mentor and develop staff to enhance their skills, creating an environment where people thrive and deliver quality results.QualificationsQualificationsA degree in finance or a related field.Chartered Accountant (CA) or Certified Public Accountant (CPA) designation is essential.Knowledge and ExperienceKnowledge and ExperienceExtensive senior financial leadership experience, overseeing A$300m+ budgets.Proven experience in reporting to and supporting Boards and Audit Committees.Expertise in strategy development, implementation, and budget monitoring.Skilled in partnering with senior stakeholders, fostering collaboration, and influencing outcomes.Strong risk management expertise, with experience in owning and managing relevant risks.Deep understanding of professional investment environments and global financial reporting.Getting to Know the Future Fund Management AgencyThe Future Fund is Australia's sovereign wealth fund, investing for the benefit of future generations of Australians. The Future Fund Board of Guardians invests the assets of six public asset funds, and our role is to generate strong, risk-adjusted returns over the long term.
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Nominal Salary: To be agreed

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