Reporting to the COO, the CFO role is responsible for setting the financial policy and direction to support the organisation’s overall strategy. This includes financial administration, business planning, budgeting and working closely with the Executive Team to ensure the ongoing financial sustainability of the organisation.

Responsibilities & Duties

Leadership

• Contribute to decisions of the Executive Team as appropriate
• Contribute to the ongoing development and implementation of organisational strategy
• Provide strategic advice to COO, CEO and Board for ongoing business planning
• Management of Finance, including setting performance and
• development agreements with direct reports and maintaining an atmosphere in which staff strive to reach their maximum potential
• Mentoring of team members to support their development
• Ensure the risks associated with the activities of the team are identified and managed effectively

Finance Management - Reporting and Control

• Develop, implement and monitor internal controls to protect Summer Foundation’s assets and ensure correct accounts are produced
• Manage all accounting and financial requirements, including
• commitment to continuous improvement of all processes
• Oversee the functions performed in accounts receivable, accounts payable, banking, month end and reporting;
• Monitor cash flow for the organisation
• Oversee management of fixed assets
• Oversee large debt collection
• Review and sign off on monthly reconciliations
• Check and approve all banking transactions
• Manage the annual financial audit

Finance Management - Management Accounting

• Develop and manage the reporting framework for Summer
• Foundation
• Actively manage the allocation of income and expenditure to cost centres and general ledger accounts;
• Review and analyse project accounts and provide advice to project leaders and heads of departments on income and expenditure targets and levels;
• Oversee the preparation of the annual budget and reforecast, perform in-depth financial analysis of actual to budget variances and continually address any financial issues
• Prepare clear and timely finance reports for the Board and Sub Committees, Executive Team, and other stakeholders as required
• Check the financial costing for submissions and tenders and preparation of acquittals for grants;
• Provision of financial advice to the Executive Team and staff as requested
• Develop a capacity building framework to ensure continuous up skill of team managers and project coordinators in relation to financial management and budgets across the organisation.

Financial Management - Tax

• Approve the IAS, BAS and submit for lodgement
• Ensure appropriate systems are set up and managed to ensure year end compliance

Qualifications

• Professional CPA/CA qualified accountant with extensive experience in a senior finance management role.

Essential Experience & Skills

• Extensive senior finance management experience in the not for profit sector
• Demonstrated experience across the core areas of responsibility
• At least 5 years management accountant experience
• Track record in preparation of budgets and year-end financial statements
• Experience working with and leading teams to achieve objectives
• Proficient with Excel and accounting packages
• Ability to show initiative and meet reporting timeframes
• Excellent communication skills to effectively liaise with external and internal stakeholders at all levels
• Demonstrated experience in Board and/or executive reporting

Other Relevant Information

The position description is indicative of the initial expectation of the role and subject to changes to Summer Foundation goals and priorities, activities or focus of the job.

People with disability are encouraged to apply. Lived experience is valued by the organisation and looked upon favourably.

We offer:

• Salary Packaging
• Flexible working hours
• Supportive and collaborative team environment
• Stimulating and modern office facilities