- Adelaide based Executive Management role reporting to the CEO
- Leading a passionate and experienced Finance and Accounting team
- Award-winning, high performance organisation with a mature financial management framework
Formed in 1970, Police Credit Union is proudly South Australian based and headquartered, boasting a 92.7% Customer Satisfaction Rating, an Employee Engagement result of 93.53%, total assets exceeding $1.3 billion, and 40,600 customers. As the most recognised credit union brand in South Australia, Police Credit Union is firmly committed to building enhanced capability in the delivery of both traditional face to face branch banking and local call centres, and innovative, convenient, and secure digital architecture. A strong sense of corporate social responsibility spans initiatives both large and small in supporting better communities and being certified carbon-neutral, representing intrinsic pillars of Police Credit Union’s corporate strategy.
Reporting directly to the Chief Executive Officer, the CFO is a key member of the executive leadership team, responsible for overseeing all financial resources of the business. You will provide strategic financial management leadership, ensuring Police Credit Union’s continued financial success. This leadership role demands a highly motivated and disciplined individual with a strong focus on building a high-performing finance team and fostering a culture of collaboration across the business. Key responsibilities and accountabilities include, but are not limited to:
- Leading, mentoring and driving the Finance, Accounting, Treasury, and Property and Logistics teams, to achieve individual and business objectives.
- Leading the development and effective implementation of the organisations overall financial strategy, financial controls, financial budgeting, funding plans, forecasting and simulation, and capital allocation.
- Undertaking financial management control of the organisation to achieve strategic and business planning objectives and KPIs.
- Ensuring the monitoring and daily reporting of the key financial operating aspects of the organisation to maintain appropriate funding, liquidity and cash flow.
- Ensuring compliance with internal and external reporting requirements (including daily operational reporting, reconciliations, monthly Executive and Board reporting, Board Audit Committee papers and external reporting to relevant stakeholders).
- Membership and contribution to key Management Risk Committees and Board Audit Committee.
- Engaging, building and maintaining strong relationships with regulators, auditors, investors, and other relevant stakeholders.
- Efficient and effective facilitation and engagement of Internal and External Audit processes.
- Preparation and oversight of annual Financial Statements.
- Monitoring of financial markets, latest trends in the Australian financial sector and regulatory environment to enhance decision making.
- Complying with taxation obligations in accordance with Tax Governance Policy.
- Preparing, participating and contributing to the Strategic Planning process, including the achievement of Strategic Balance Scorecard KPIs.
- Developing, monitoring, and maintaining departmental policies and procedures to support financial prudence, in consultation with the executive team.
- Contributing to innovation and improvement, Business Continuity and Risk Management as an integral member of the Executive Management team.
To be considered for this role you will have relevant tertiary qualifications, be a member of a Professional Association (FCPA or FCA) and have a minimum of 10 years’ experience in a senior financial leadership role.
Apart from possessing a thorough knowledge of financial modelling, simulations and stress testing, risk management and financial analysis, you will also display highly developed strategic-thinking and problem-solving capabilities.
The successful candidate will also be an exceptional organisational and people leader, confident in dealing with Board members and have a natural ability to communicate at all levels within the organisation. You will be exceptionally motivated, resilient, positive and display a high level of personal initiative, display a passion for the mutual banking sector and a commitment to ethical business practices. A deep commitment to excellence and collaboration is essential to be successful in this role.
For details of the Position Description visit www.vuca.com.au/pcucfo. For further enquiries, contact VUCA Senior Associate, Paul Bell on 0412 552 302 for a confidential discussion during business hours. Please forward your letter of application and CV in MS Word format to pcucfo@vuca.com.au by Sunday 5th May 2024.