The Role
There are number of roles within the Financial Reporting and Asset Accounting Directorate, and as an EL 1 - Assistant Director you will be accountable for the following:
1. Managing and leading a team including providing clear and consistent communication, setting clear performance and behavioural standards, managing expectations and performance, delegating, guiding and developing people.
2. Managing the completion of the monthly financial reporting and yearly financial reporting and asset accounting requirements.
3. Overseeing activities in balance sheet management, asset accounting and financial statements analysis and reporting.
4. Managing financial governance requirements and ensuring compliance with the financial management framework.
5. Developing position papers and providing sound accounting advice to stakeholders on technical financial accounting and asset issues.
6. Overseeing the coordination with the Australian National Audit Office (ANAO) financial statement audit team.
7. Manage best practice data, information and project governance in support of the asset accounting and financial reporting function. This includes implementation of data quality strategies and financial system remediation activities.
8. Understanding, applying and aligning Defence’s mission and business objectives to financial reporting and assets management.
9. Building and sustaining relationships with stakeholders and subject matter experts to deliver outcomes, including liaising with a broad range such as auditors, business areas, procurement and the military.
10. Motivating and mentoring teams, aligning complementary skills and allocating resources to deliver results in accordance with Defence's financial objectives.
11. Assessing and evaluating financial strategy, initiatives, projects, policy and procedures, and engaging in activities to achieve local and Departmental improvement.
About our Team
There is no single employer in the Commonwealth that offers the breadth of technical challenges that DFG tackle. Working in the Financial Reporting and Asset Accounting team means you will be applying your professional judgement and knowledge to a huge range of complex accounting issues.
The Financial Reporting and Asset Accounting Team is responsible for the full financial reporting function and the financial accounting of Defence’s assets through their capability lifecycle. They are also accountable for policy advice, compliance assurance and conducting quality assurance checks on financial accounting activities. The team’s judgement is relied upon to deliver professional advice and reporting around complex assets; business processes procurements and multi-year billion-dollar projects.
The teams are responsible for the financial accounting behind the largest asset base in the Commonwealth valued in the hundreds of billions of dollars. Think big, physical tangible assets like aircraft, ships, submarines plus a huge property portfolio, specialist military equipment, complex intellectual property and bespoke technology. Career growth prospects are strong because if you understand assets underpinning Defence you will understand a lot of the business.
You get to analyse complex trends, work on the forefront of changes to accounting standards, help prepare policies that impact the whole organization and you will gain a full understanding of the asset lifecycle from procurement to disposal. You will be involved in the largest ERP (SAP) implementation project in the Southern Hemisphere.
Our Ideal Candidate
Our ideal candidate will demonstrate:
12. Our ideal candidate is an emerging leader, with a shared sense of purpose, who is committed to partnering with stakeholders to deliver outcomes through strategic advice and the provision of financial accounting support and financial systems reform initiatives.
13. You have sound capability of leading and developing a team, an influential communication style and the ability to explain technical information in simple terms.
14. With demonstrated skills to translate financial information and strategy into business outcomes, you are an accomplished planner and project manager who takes a strategic outlook when aligning team activities to organisational goals and stakeholders objectives.
Other competencies we are targeting include:
15. Demonstrated ability to drive sustainable change collaboratively across an organisation and externally.
16. Experience building and maintaining relationships with a network of internal and external stakeholders at all levels.
17. Improvement focus, strong results orientation, and seeks to add value through improving processes and systems.