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SalaryCapricorn is a member-based financial services organisation which exists to improve the lives of over 25,000 Members across Australia and New Zealand by supporting them in building stronger automotive businesses. We provide products and services including trade credit, risk protection, equipment finance, trade events, travel services, fuel cards and more. Last financial year Member purchases exceeded $2.93 billion and Member returns exceeded $72.5 million.
A great place to work
When you join Capricorn, you become a part of something bigger than a typical company, because as a co-operative we exist to improve the lives of our Members by supporting them in building stronger businesses - not the other way around.
We are purpose-led and are committed to empowering our community to thrive. Our community includes our employees, and we know what is important to them, because we asked! And here's our commitments to you:
- Provide a diverse and inclusive workplace - because we know how important it is for everyone to be treated fairly and with respect.
- Give you flexibility - it's important to recognise we are all unique and need to create work life balance.
- Offer paid parental leave - that supports both parent's leave and their transition back to work.
- Create a fun environment - our social calendar is full up with a range of different virtual and face-to-face events to keep us connected.
- Work perks - that our employees actually use, such as a fantastic reward and recognition program, wellness program, additional leave purchase and so much more!
Reporting to the Head of Finance - Corporate, the Finance Manager will be responsible for the operation and management of the Finance Control Team.
The team is responsible for Group financial management reporting and business partnering, treasury and investment functions, core banking relationships, tax advisory and financial risk management.
The Finance Manager will also be a champion for initiatives to improve end to end business processes, with a focus towards system automation and enhancing the control environment.
Key Accountabilities
Management of Finance Team
- Effective management of the Finance Team ensuring staff are appropriately supervised and encouraged to develop their technical skills and improve engagement;
- Ensure month end tasks are completed inline with agreed deadlines and all accounts are reconciled correctly.
- Responsible for the maintenance and accuracy of the general ledger across the Group.
- Ensuring Finance Team understand and implement timely lodgement of statutory requirements such as tax (Australia & New Zealand), ASIC, NZ Companies Office, APRA, Payment Times Reporting and IATA;
- Drive financial control across the Capricorn Group working with business partners to ensure all process improvements from a financial point of view are actioned.
- Support the Group treasury and investment functions, ensuring appropriate controls are in force and investments made in accordance with the investment policy;
- Oversee investment reporting prepared by the Corporate Accountant and provide to the Head of Investments for presentation to the Board and Capricorn Investment Committee;
- Ensure effective cash flow management to enable member acquisitions circa $200M per month;
- Work with the Head of Finance - Corporate to evaluate structure funding for potential investments/acquisitions as part of Group strategy development.
- Support the Group budget process ensuring overall targets are met and maintained while liaising with all cost centre managers and the Executive Leadership Team during the budget process.
- Oversee cost centre managers forecast projections and incorporate into Anaplan reporting tool.
- Facilitate the relationship between Capricorn and external tax and financial audit firms;
- Manage the Group tax compliance function adhering to all obligations;
- Responsible and accountable for the efficient audit of Group accounts while seeking improvement of the end to end process;
- Ownership of the preparation of the Group Annual Report, statutory reports and income tax returns;
- Advise the Head of Finance - Corporate of any tax or financial audit matters affecting the Group;
- Prepare audit reports for the audit and risk committee and action outcomes as required.
- Maintain the Finance Department risk register and work with the business to mitigate risks up and down stream of the Finance Department;
- Oversee Financial Controls for the Capricorn group of companies;
- Maintain and update Finance Department policies and procedures.
- Assist in preparation of Finance department Board and Audit and Risk Committee papers;
- Assist the Head of Finance - Corporate and Group CFO with ad hoc papers as required.
- Continually challenge own processes to identify and implement system and process efficiencies to achieve time savings and improve the control environment;
- Contribute to process streamlining and automation of high touch banking functions.
- Advanced knowledge of statutory reporting and income tax legislation;
- Strong financial acumen to interpret and apply key financial indicators to make better business decisions;
- Exposure to New Zealand accounting and tax regime would be advantageous, but not essential;
- Advanced knowledge of MS Office, especially Excel and experience in ERP and FP&A systems.
- 5 years post qualification experience in similar role;
- Previous team management desirable.
- CA/CPA qualified.
- Commerce/Business degree.
If you think you are the right person for this role and you believe in a Member first culture, then please apply now. Applications will be reviewed as they arrive, so it is better to apply sooner rather than later. If you need any assistance or adjustments to fully participate in the application process, please contact HR at 1800 327 437.
For further information and detail on Capricorn, please visit our website at www.capricorn.coop/careers.
