Financial Controller

Beaufort

The Fiancial Controller is responsible for the overall financial management of wind power generating business in Victoria. The incumbent will act as true business partner to the General Manager and the management team of the wind farm and will be in charge of all the aspects of finance: accounting, financial reporting, taxation, treasury, financing, insurance, financial planning & analysis.

Essential Duties & Responsibilities by Dimensions:

Accounting, Controls and Financial Reporting:

Manage all aspects of accounting; including but not limited to accounts payable, account receivable, banks, payroll, inventory, fixed assets.

Maintain General Ledger accounts ensuring proper and accurate journal entry preparation.

Prepare relevantly periodic reconciliations, including but not limited to, monthly bank reconciliation, general ledger reconciliation.

Establish and maintain a robust compliance framework, as well as maintain and upgrade key business controls

Prepare statutory financial statements and related disclosures and procure timely filing to satisfy local compliance requirements.

Prepare financial statements and related disclosures under International Financial Reporting Standards for shareholders’ consolidation purposes.

Manage and coordinate relationships with external auditors.

Provide support and coordinate management responses to Internal Audit.

Act in close coordination with the Group Head of Accounting and Internal Controls of shareholders.

Tax:

Prepare and review tax calculations, estimates and reports

Ensure a robust tax compliance framework and timely filing of all corporate tax returns

Establish appropriate system & processes for tax risk management

Liaise with tax authorities and provide tax audit support

Manage external tax advisors

Act in close coordination with Group Head of Tax of shareholders.

Treasury

Establish a sound treasury policy and delegation of financial authority matrix in accordance with shareholders directives.

Ensure effective treasury management as well as a robust risk control environment.

Ensure proper cash flow planning with the aim of satisfying timely cash requirements of the business and ensuring at all times optimal capital structuring. Perform proper monitoring of cash flow budget.

Assume responsibility for balance sheet management by focusing on asset-liability management, liquidity management, counterparty management, interest rate and foreign exchange management.

Manage treasury systems and solutions aimed at supporting cash flow management effectiveness and maintaining effective controls.

Manage excess of liquidity and recommend measures to optimize returns from temporary cash investments in compliance with the established treasury policy.

Ensure compliance with treasury requirements as defined by the relevant regulatory authorities (Central and local Government, Central bank, other authorities)

Generate proper management reports for the Chief executive Officer and the Management Team with respect to company’s cash flow, asset and liability profile, risk exposure

Provide professional treasury advice regarding key commercial decisions to the management team as and when required.

Maintain effective relationships with lending institutions and the wider financial community

Conduct effective analysis on current status and expected trends of the local financial markets to support effective capital structuring decisions and active management of treasury operations.

Ensure the effective monitoring and proper management of key financial risks (counterparty, bank capital adequacy, liquidity, volatility of interest and forex rates)

Act in close coordination with Group Head of Trasury of shareholders

Job Dimensions:

Company’s overall business plan

Applicable policies and procedures

Delegated authorities as per the delegation of authority structure

Eduaction/Experience Requirements:

University degree in Accounting, Finance and/or Business Administration from a recognized University.

Professional qualification such as CFA/CMA/CA/ACCA.

Preferred:

Master in Finance and/or Business Administration from a recognized Management School.

Required Special Skills:

Minimum of 10 years of experience in financial management of which 5 years should be in a similar position/responsibility.

Familiarity with Australia corporate and tax laws and regulations.

Familiarity with local GAAP and IFRS.

Familiarity with market leading ERP systems and Financial Planning and Consolidation systems (Oracle preferred).

Preferred:

Knowledge of renewable power business

Exposure to international companies with large complexity and to multicultural business environments

Big4 experience in the field of Audit, Tax and Assurance

Skill Set:

Self-starter, ability to work independently with confidence.

Superior analytical and synthesis skills.

Strong communication and interpersonal skills with sensitivity to different cultures.

Ability to build trust and effective personal relations both within the organization and with all relevant external stakeholders.

Ability to multi-task and work under pressure.

Stay abreast of the latest trends/tendencies in financial management.

Personal Mindset and Attributes:

Maintain highest standards of professional conduct, ethics and integrity.

Ensure high standards of confidentiality to safeguard sensitive information.

High energy with a “can do” mentality. Strongly believe in continuous benchmarking and continuous improvement.

Robust intellect and constant desire to learn.

Drive, self-reliance and pragmatism, great determination in achieving results.

Analytical, inquisitive nature.

Capability to easily adapt to fast moving, changing environments and cultural differences.

Right to Work

The above position is open only to applicants who have a current right to work in Australia. Applicants who do not have a current right to work In Australia will unfortunately not be considered and are respectfully asked not to apply.

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