Job Description: Chief Financial Officer Executive Level 2

[Pages:2]Job Description: Chief Financial Officer Executive Level 2

Finance Branch The Finance Branch is responsible for ensuring financial governance and functions to facilitate the integration between core business delivery and the Mint's intended outcomes as agreed with the Government; and implements control mechanisms for the Mint's financial business processes.

Finance Section The Finance Section is responsible for the accounting operations and daily processing of financial transactions including accounts payable and receivable, contracts, banking services and cash management. The Finance Section ensures the integrity of the financial information, transaction quality control, and management of Mint assets.

Individual Role Reporting to the Chief Executive Officer, the Chief Financial Officer will be responsible to lead and manage the Mint's financial strategic objectives; deliver management reporting; oversee audit activities; and ensure compliance to all statutory and governance requirements including the PGPA Act 2013.

Working closely with the Mint Senior Management Team, the Chief Financial Officer is also responsible for assisting the various branches within the Mint in overseeing their financial activities and partnering with the business to deliver financial objectives and meeting their financial KPI's.

With the focus on improving the internal reporting systems and identifying and implementing opportunities for continuous improvement, the Chief Financial Officer will ensure optimal levels of financial performance management, control and governance. The Chief Financial Officer is also responsible in providing effective financial advice, business improvement initiatives, systems and operational controls to achieve agreed outcomes with the Commonwealth.

Within this environment and as a member of the Mint's Senior Management Team, the Chief Financial Officer is responsible for:

Leading and managing the work programs of the Finance Branch including operational, costing, reporting and procurement functions

Ensuring reporting compliance as per the requirements under the PGPA Act 2013 and in accordance with Mint strategic objectives

Overseeing the preparation of financial budgets and carry out reviews consistent with internal needs and external requirements

Managing and maintaining accuracy of financial management information and accounting systems and relevant accounting control mechanisms

Supervising the coordination and management of the internal and external audit activities

Management reporting and budgeting of commercial activities including the development of a product/project costing methodology

Providing leadership and management for the Finance Branch

Modelling, and encouraging Finance staff to model, the Mint's values.

Title: Branch: Section:

SELECTION CRITERIA

Chief Financial Officer Finance and Logistics Branch Finance

Classification: Executive Level 2 Position No: 602

1. Strategic Direction Possess complete understanding of organisational objectives and set Branch operational activities accordingly Understand the ramifications of issues and longer-term impact on the organisation and Government policy Provide professional advice as part of the leadership team and be accountable for that advice Undertake objective, critical analysis to identify gaps and mitigate risks that may impact on the organisation Explore possibilities and innovative alternatives

2. Achieves Results Develop clear plans and timeframes for projects, identifying critical success factors to ensure quality on-time outcomes Evaluate project performance and implement opportunities for continuous improvement Contribute own expertise to achieve outcomes for the Branch in line with organisation's strategic plan Resolve complex technical issues in consultation with internal and external experts Deal positively with uncertainty and cope effectively in an environment characterised by change Ensure information is captured, recorded and maintained within the appropriate systems

3. Productive working relationships Build and sustain relationships with network of key people internally and externally Provide Branch leadership, identifying and addressing performance issues as they arise Treat people with respect and courtesy, recognising the needs of others Incorporate different opinions and value diversity to enhance interactions Identify learning opportunities for others, and empower staff by delegating effectively Resolve conflict using appropriate strategies

4. Personal drive and integrity Provide impartial and forthright advice, upholding own position when challenged Promote organisational objectives through representation at various forums Take personal responsibility for meeting objectives and progressing work Promote and adhere to Mint Values, Code of Conduct, and security & OHS guidelines Evaluate and take responsibility for own and team performance recognising the impact on others Integrate risk management with corporate and operational planning

5. Communications Direct negotiations confidently in a clear and concise manner to achieve desired outcome Actively promote Branch objectives to the leadership team Influence and convince others in the achievement of objectives Listen carefully to others and clarify issues to ensure understanding Prepare and deliver oral and written material clearly and succinctly according to the audience

6. Technical Skills and Knowledge Highly developed communication and problem solving skills with a management focus Demonstrated ability to prepare complex reports, policy papers and briefings Demonstrated leadership capacity with experience in people and resource management Professional qualifications in financial management and accountancy policy and practice Certified Accountant or Certified Practicing Accountant qualifications is a mandatory requirement Ideally some knowledge and understanding of manufactory product costing.

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