Organisation: Department of Treasury and Finance
Occupation: Other
Reference: VG/1835271
Job posted: 06/01/2025
Closes: 22/01/2025
Classification: VPSG6
Salary Range: $134,593 - $180,115
This is an ongoing VPS 6 position located within the Financial Policy Team whose responsibilities are focused on providing oversight and policy advice to government on the management of the State's public sector superannuation and insurance liabilities, and related assets.
The team is also responsible for overseeing the financial management, governance, and prudential supervision of the State's Public Financial Corporations (PFCs).
About us The Department of Treasury and Finance provides economic, financial, and resource management advice to help the Victorian Government deliver its policies.
We strive for excellence in financial and economic management to improve the lives of all Victorians.
About the role In this role, you will be accountable for:
Leading a small team, fostering a positive team culture, prioritising and managing workflow, and setting the direction for the team's work to achieve the objectives of the Financial Assets and Liabilities (FAL) Group and the Department.Ensuring the timely and accurate reporting of financial and other information for the PFC sector and superannuation liability for inclusion in the State's published financial reports.Developing and maintaining models to analyse the State's financial balance sheet exposures (e.g., superannuation and insurance liabilities and investments) and assess the financial implications of proposed reforms and management initiatives.Providing advice to Government on issues related to the State's PFCs and superannuation liability including, but not limited to, financial performance, risk management, and governance.Overseeing and advising on the operation of the State's Centralised Investment Model, under which the Victorian Funds Management Corporation (VFMC) manages the investment portfolios of the State's key PFCs.Supporting ongoing monitoring of the prudential and corporate governance standards that apply to the State's PFCs and superannuation schemes.About you We are seeking applications from candidates with demonstrable experience in:
Applying highly developed critical thinking and analytic skills to ensure the sound financial management and governance of PFCs.Strong financial modelling and quantitative analysis skills.Strong verbal and written communication skills, with an ability to craft impactful advice tailored to varying audiences.Strong people management skills with a demonstrated ability to foster a positive team environment.Demonstrated organisational skills, including the ability to take initiative and proactively prioritise work.Experience in building and maintaining effective relationships and networks with diverse stakeholders.Experience and qualifications An appropriate tertiary qualification in applied finance, accounting, investment management, or a related field.At least five years of relevant work experience with a focus on financial analysis, investment management, and/or liability management.Experience evaluating business strategies and understanding the risks of specific strategies.About our culture We aim to be a model employer providing an inclusive workplace that respects differences.
We are committed to supporting Aboriginal pathways between education and employment.
How to apply For more information about the position and key selection criteria, please refer to the position description.
To apply, select the 'Apply Now' button and provide a copy of your resume and cover letter summarising your skills and relevant experience.
Applications close at midnight, 22 January 2025.
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