Director Of Finance (Senior Manager Group Finance)

Build the future with QTC

Join an organisation that has been recognised as ‘one of Australia’s best places to work’, winning multiple Employer of Choice awards in recent years for professional development, employee benefits and culture.

QTC is the central financing authority for the Queensland Government and provides financial resources and services for the State. We manage the State’s funding program in the global capital markets to deliver sustainable and cost-effective borrowings for the Queensland Government, local governments, and other related entities (our clients). 

With a statutory role to advance the financial interests and development of the State, we help to deliver innovative, long-term solutions that contribute to the growth of Queensland’s economy. We protect Queensland’s financial interests and deliver better financial outcomes by centralising the management of our clients’ borrowings, cash investments, and foreign exchange.

Purpose of Role  

As the Director, Finance (Senior Manager Group Finance), your primary responsibility will be to provide overall leadership of the Group Finance team including delivering the annual financial statements and audit. You will ensure effective financial management of QTC’s accounting processes and key internal controls, with a focus to continuously improve team culture and ways of working.  

Responsibilities & Accountabilities  

• Delivery of the annual financial statements to QTC Board and the Risk & Audit Committee.
• Build strong internal and external stakeholder relationships and be seen as a trusted advisor.
• Maintaining the accounting system through effective business processes and internal controls.
• Deliver high quality financial reporting and advice on business performance to the Board and Managing Directors.
• Operate an effective account payable function, ensuring vendors are paid within agreed terms.
• Promote and maintain the external audit relationship with the Queensland Audit Office.
• Ensure compliance with reporting obligations to Queensland Treasury and other bodies.
• Collaborate on continuous improvement with a drive to enhance accounting processes and ways of working.
• Devise the strategy for the Group Finance team and promote a highly engaged workforce consistent with QTC’s Culture and Values.
• Drive and role model cultural change, through collaboration, coaching and developing team members to grow as individuals.
• Key finance contact for Change Program initiatives ensuring adherence to accounting standards and financial controls are maintained.
• Participate and drive strategic initiatives as identified by the Executive Director Finance and/or Chief Operating Officer for the broader organisation.

Competencies  

Technical Competencies  

• Technical competencies required include:
  • Financial Control
  • Finance system and data reliability 
  • Accounts payable & receivable
  • Financial Accounting & Management Accounting
  • Portfolio, product, and client accounting and reporting
  • Monthly financial reporting and reconciliations
  • Monthly Board Reporting
  • Annual statutory reporting including the preparation of financial statements
  • Tax Administration and Reporting
  • Inter-governmental reporting
  • Budgeting and forecasting
  • Adherence to accounting standards and practices
• Financial, economic, industry and statistical analysis skills with high attention to detail.
• Negotiation, facilitation, communication skills suitable to stakeholders.
• Research, reporting and advocacy to a level suitable for publication.

Behavioural Competencies  

• Integrity, including upholding strong professional and ethical standards and discretion in maintaining confidentiality.
• Superior relationship management skills, including proven ability to foster strong, open and collaborative relationships with internal and external stakeholders. Stakeholders include the internal senior leadership team, staff and external financial market counterparts, Treasury staff, and key industry authorities.
• Ability to communicate complex messages effectively to a variety of audiences.
• Personal drive, integrity and accepts accountability.

Leadership Competencies  

• Demonstrated experience working as a member of the leadership teams.
• Proven experience leading and managing direct reports including developing talent, communication of professional standards and expectations, setting key performance indicators, and reward in accordance with corporate guidelines.
• Proven strategic thinker and ability to deliver financial market leading approaches including consideration and management of risks associated with balance sheet and liquid asset management.
• Ability to identify and respond to financial markets risk event, such as a fixed income liquidity crisis.
• Demonstrate talent and capacity across a broad spectrum of skills needed to deliver business success.

–      Negotiation, facilitation, communication skills (verbal, written, presentations) suitable to stakeholders  

–      Financial, economic, industry and statistical analysis skills with high attention to detail  

–      Research, reporting and advocacy to a level suitable for publication.  

Qualifications  

Essential  

• Tertiary qualification and professional practice certification in finance or related discipline
• CA/CPA qualified or post graduate qualification in finance or related discipline

Desirable  

• Training, qualification or knowledge of
  • Taxation (FBT, income tax, GST and payroll tax)
  • Funding and markets
  • Knowledge of risk management practices and standards

Experience  

Essential  

• Proven 10+ years of financial management experience within Financial Services companies, especially those dealing with Australian financial markets and Treasury
• Advanced analytical skills with a proven ability to identify key insights impacting business performance and strategies to address
• Financial services experience, risk management practices, and tax compliance matters
• Exceptional PowerBI, Excel and PowerPoint skills
• Customer focused and results oriented
• Strong communication and influencing skills, with the ability to communicate complex messages
• Experience in presenting to senior stakeholders including C-suite and Board members (as required)
• Demonstrate behavioural skills in acting as a thought leader, upholding strong professional and ethical standards

Desirable  

• Finance365 experience

Why will QTC be the best work of your career?

Work

We do work that improves Queensland for generations. We are a leader in finance, creating meaningful solutions with profound outcomes. We set the standard in financial solutions. We address the challenges of today, with results for tomorrow. 

People

We are an inspired team of solution creators. We believe that curiosity is the ultimate problem solver. That the best teams are united by trust, not divided by ego. And that diversity sets us apart. 

Culture

We recognise that developing our people leads to their success, that energised teams create brighter outcomes and that with the freedom to challenge, we can strive for better together. 

Benefits 

We are dedicated to investing in your future. We understand that an energised mind is cultivated by time and investment, that developing future leaders requires commitment and that your best work starts with your best self. Benefit from a best-in-class professional development program, flexible work, leadership programs, study support, paid-parental leave, salary packaging and a corporate wellbeing program (including discounts for you and your family to a range of fitness facilities close to home or work).

‘Employer of Choice’ and Culture awards

QTC has been recognised as one of Australia’s best places to work, receiving the ‘Employer of Choice’ award from Human Resources Director (HRD) in 2023, 2022, 2021 and 2020. In 2019, QTC received a high-profile award from the world’s foremost culture and leadership experts—The Human Synergistics’s Culture Transformation Achievement Award—for the positive behaviour and attitude of its employees.