Head of Finance

This is an exciting opportunity for a strategically minded Head of Finance who can display strong financial and accounting acumen with a detailed oriented approach. They will be responsible for the overall finance function of the organisation.

Status:	Permanent contract
Hours:	Full time or Part time
Location:	East Melbourne/Hybrid

ABOUT THE SUCCESSFUL APPLICANT

The Head of Finance will demonstrate financial leadership, showing initiative, innovation and have a business savvy approach to the financial dealings of the organisation. You will have strong knowledge and experience combined with effective communication and interpersonal skills. Success in the role demands sound planning and organisational skills, along with the ability to multi-task, prioritise, make clear decisions and take accountability for the teams service delivery.

ABOUT THE ROLE

The role is responsible for the overall finance functions of the organisation, including management reporting, audit support, budgeting, accounts payable and receivable, and payroll. The position is also responsible to oversee improvement of financially related internal controls and processes across the wider organisation and to support the operations through effective management of suppliers.

POSITION ACCOUNTABILITIES

Business Partnering:

• Undertake analysis and provide financial recommendations regarding the assessment of organisational projects and program activity to support growth and maximise inTouch’s impact.
• Work collaboratively with managers and the executive to build financial sustainability, supporting business development and proposal submissions with robust financial modelling.
• Be accountable for the planning, development and timeliness of the annual budgets and rolling forecast process for the organisation.
• Support the organisation in understanding their performance and assist managers in identifying opportunities for improvement using an educative partnering approach.
• Develop and implement initiatives to improve the financial literacy of program managers and inTouch more broadly through the provision of high-quality internal training and advice to assist managers make informed decisions.

Financial Management, Risk and Compliance:

• Drive the organisational budget and forecasting process in alignment with strategic and operational plans.
• Undertake scenario analysis and modelling where required to assist with forward planning and resource allocation.
• The preparation and submission of monthly management finance and compliance reports for the Board and its committees.  
• Provide monthly metrics and reports by business division and for the whole of organisation. Meet with managers and the executive regularly to discuss financial performance and inform future forecasting.
• Manage cash flow to ensure the organisation’s financial obligations are met.
• Identifying and reporting on financial risks and developing processes to mitigate such risks.
• Ensure payroll is accurate and paid on time.
• Ensure all risks relating to the finance function are considered and well managed and documented in the risk register and in governance and operational policies.
• Safeguard the organisation against realised risk, including financial loss and fraud, by maintaining a strong controls environment.
• Ensure compliance for all statutory and legislative requirements and apply rigor to reconciliation and accounting practices to ensure revenue is recognised and recorded in accordance with accounting standards.
• Prepare and manage all aspects of the year end process including acquittals on individual funding agreements.
• Oversee the financial aspects of grant applications, including budget preparation and compliance reporting.
• Maintain complete and accurate records and documentation to support grant-funded projects.
• Work with the executive team to develop long-term financial strategies that align with the organisation’s mission and goals.
• Provide financial insights to support strategic decision-making.
• Liaise with external auditors to schedule and complete the interim and annual audit.
• Develop managers understanding of compliance implications for growth initiatives by providing information and assistance with grants, fundraising licensing, DGR, and reporting obligations in accordance with regulatory bodies including the ACNC.
• Providing high quality data and financial information to meet the needs of the Finance, Audit and Risk Management Committee and Board (as required).

Organisational Change:

• Demonstrate thoughtful leadership in contemporary financial management and organisational performance, sharing insights and recommendations with stakeholders to inform future direction
• Partner with fellow managers and the executive to implement organisational change effectively
• Model inTouch’s values in the leadership of the finance team and contribute to building a positive organisational culture
• Be prepared to challenge the status quo and initiate opportunities to streamline business and financial processes
• Development, implementation and review of the organisation’s financial policies, systems and standard operating procedures.

People Management and Team Leadership:

• Build, lead, and coach the finance team to deliver business outcomes effectively and efficiently, embedding a commitment to continuous improvement and innovation and best-practice financial management.
• Develop team and individual work plans that align with the operational plan, and strategic direction.
• Mentor and actively support individual professional development.
• Provide direction, support and constructive feedback to direct reports, sharing knowledge and encouraging learning and professional development as individuals and as a team.
• Drive the implementation of the operational plan within the finance team, working together with other functional areas within corporate services to enable the whole division to meet their deliverables. As the leader of the finance team, prepare monthly management reports and dashboards and as required.
• Provide back-up support for Finance functions as required.
• Ensure a safe work environment and compliance with inTouch policies, procedures and legislation relating to work health and safety and wellbeing.
• Lead and model service excellence.

KEY SELECTION CRITERIA

Essential/Desirable

• Min 5+ years’ professional experience as a manager in a finance or management accountant role.
• Tertiary qualifications in accounting and/or finance coupled with current CPA / CA.
• Demonstrated experience overseeing grant and/or funding administration in a for-purpose (NFP) environment.
• Experience in preparing and presenting high-quality financial and management reports for Executive Team, Finance Audit and Risk Management Committee and the Board, providing an appropriate balance of qualitative and quantitative information to inform decisions.
• Proven ability to engage collaboratively and build strong partnerships with a variety of stakeholders from diverse backgrounds.
• Effective verbal and written communication skills with the ability to translate technical, financial information into laymen’s terms.
• Advanced excel skills to build complex financial models and workpapers and undertake meaningful financial analysis.
• Strong computer literacy with confidence using Microsoft 365 and proficient in MYOB AccountRight and Xero.
• People leadership experience in a culturally diverse environment.
• Experience supporting Board and Sub Committees.

Personal Attributes

• High ethical standards and alignment to inTouch values, acting with integrity and maintaining confidentially.
• A change agent, with a commitment to continuous improvement and innovation.
• Solutions-focused with a curious mind and a natural problem-solving ability.
• Pro-active and accountable, leading with emotional intelligence and the ability to provide constructive feedback and have challenging discussions to support progress.
• Highly organised, detail oriented and outcomes driven.

HOW TO APPLY

To apply, send us your CV and cover letter addressing the position accountabilities to recruitment@intouch.org.au with the subject line: Head of Finance.

Application closing date will be 13 May 2024 with the first round of interviews held week commencing 20May 2024.

All applicants must have the right to work in Australia and will need to undergo a National Police Check and Working with Children Check prior to commencing employment.