General Manager - Financial Planning & Analysis

Role overview

Kindness l Care l Respect

About the role:

Reporting directly to the Executive General Manager - Group Finance this role will provide high quality financial and commercial insight and analysis to Aveo's business leaders, investor stakeholders and financiers to enable them to make accurate and informed decisions.

The responsibilities of the role include but are not limited to:

Ownership of the cash flow and IRR models

• Review and coordinate the accurate preparation of the cash flow forecast, ensuring the integrity of inputs and calculation of outputs.
• Understanding the processes performed by the various business units in preparing their monthly reporting packs.
• Review of business unit commentary to ensure meaningful explanations on drivers of the results for inclusion in the monthly finance report to be sent to the CFO
• Preparation of the executive summary section of the monthly finance report
• Reviewing the monthly forecasts and quarterly Board Reports
• Develop and implement initiatives to improve the integrity and accuracy of financial forecasts, analysis and planning leveraging information systems and data analysis tools.

Annual budget and business plan

• Ownership and execution of the operational budget process, timeline, and deliverables.
• Liaising with various stakeholders in all business units to ensure timely preparation of business unit level budgets.
• Ownership of the annual portfolio company business plan process.
• Liaising closely with the local Investor team to determine timing, KPI's, format and reporting requirements for the business plan.
• Setting an appropriate timeline to ensure all stakeholders in the annual business plan has sufficient time to review the plan and provide feedback before submission is due.
• Assist the GM - Group Finance and CFO in formulating and assessing strategic initiatives over the five-year plan and finding and securing pathways to meet investment return hurdles.
• Ownership of the model that converts the operational budget to the business plan output.
• Ownership of the investment return model over the 5-year business plan.
• Working closely with other business units to collect and collate non-financial information into the business plan presentation.
• Delivering the business plan for submission to the offshore portfolio management team in a timely manner.
• Preparation of the annual strategic and business plan presentation to financiers

Bank reporting:

• Manage relationship between key financier contacts, the Investor's treasury team and Aveo
• Review monthly and quarterly bank reporting output and ensure timelines as per the facility agreement are met
• Monitor covenant and other facility agreement compliance based on forecast results and planned transactions
• Review cash reporting output and investor debt reporting monthly in compliance with SOX review requirements
• Lead the preparation of the annual business plan presentation to the financiers

Investor activities and analysis:

• Lead the process for distributions to investors including collaboration with investor tax, legal and treasury teams that culminates in preparation of a Board pack for approval and successful payment to investors.
• Scenario analysis of internal rate of return based on current forecasts, anticipated transactions including reporting to the investor's portfolio management team.

You'll have the following attributes:

• 7+ years of post-qualification experience in finance functions and experience in working with and leading FP&A teams
• Demonstrated experience in building financial models and analysing financial performance and information
• Sound knowledge of IFRS
• Demonstrated experience in strategy setting, business planning & budgeting
• Significant experience in business planning processes and exposure to shareholders/senior management and Boards
• Proven track record in achieving results and ability to prioritise work in accordance with reporting needs and manage multiple tasks under tight deadlines
• Flexibility to adapt and respond to changes emerging in a rapid paced environment
• Advanced computer skills, particularly with Microsoft Office applications and preferably with expert modelling experience
• Skills in utilisation of Power to drive reporting desirable or similar experience with other software
• Effective written and verbal communication skills across all levels of the business audience

Aveo are formally requesting that all employees be vaccinated against COVID-19 to protect our colleagues and the residents in our communities who are among the most vulnerable.
New employees joining the business will need to be comfortable with this requirement prior to joining Aveo.

About Aveo

Aveo's vision is to be Australia's leading and most innovative seniors living provider. Our mission is to honour and serve our residents through Kindness, Care and Respect. Kindness, Care and Respect are our corporate values. Aveo is a leading and trusted owner, operator and manager of retirement communities across Australia. Aveo's philosophy is underpinned by a commitment to grow with older Australians by inspiring greater living choices. We currently and proudly do so for over 12,000 residents in over 90 retirement communities across Australia.

Aveo Benefits

• Up to 8 weeks paid parental leave
• 2 additional 'All About Me' leave days per calendar year
• Ability to purchase additional annual leave
• Flexibility to working arrangements
• Opportunities for further career development

If this role sounds like you, use the link and apply today!