About Bundanon
Bundanon is an art museum embedded in a 1,000 hectare landscape, in the Shoalhaven region of NSW. The organisation’s mission is to operate the Bundanon properties as a centre for creative arts and education, to support the development of arts practice across all disciplines and to enable public access to the arts and to the landscape. Bundanon’s vision is to promote creativity and learning based in a unique cultural and natural landscape.
Purpose of the Position
The Chief Financial Officer (CFO) is a key member of the Senior Executive Team, reporting directly to the CEO and overseeing the strategic and operational financial management to ensure Bundanon meets its financial reporting obligations to the Board and the Audit and Risk Committee. The CFO has a critical role to play managing government funding, commercial revenue, private giving and philanthropic funds held in trust to best advantage. The role collaborates with peers toward transparent, informed and compliant financial, audit and risk management obligations, delivering to the strategic initiatives of the Corporate Plan. At all times, you are a role model the leadership behaviors expected of a performing, dynamic and engaged team.
Major Responsibilities
Strategy Execution
- Forms a part of the Senior Executive Team to contribute and execute on strategic initiatives.
- Develop a comprehensive transition plan as part of Bundanon’s legal entity change, and the resulting audit, compliance and reporting obligations under the PGPA Act 2013.
- Plan, implement and manage investment strategies.
- Design and implement systems and efficient work practices that enable transparency, reporting and insists on responsible business outcomes.
- Drive review processes to set priorities, monitor progress, remove obstacles, ensuring the sustainability of planned work.
- Stay informed of trends, legislative, regulatory, and other factors likely to impact the sector.
- Communicate ongoing operational initiatives in a meaningful and inspiring manner.
Financial Management
- Ensure the strategic planning is supported with financial forecasting and budgeting processes.
- Collaborate with the CEO and senior management to manage the budget submissions.
- Advise and educate Managers and other key stakeholders in support of their budgets, headcount and other financial management responsibilities or obligations.
- Continuously analyze Bundanon’s financial and management performance
- Active management of the cash flow and ensure appropriate treasury controls are in place.
- Manage and supervise the financial systems.
- Present financial results and key metrics to non-financial stakeholders in a clear and understandable manner, enabling them to accurately interpret the information.
- Oversight of commercial decision-making processes, including tender, margin and pricing analyses.
- Analyze and manage the organization’s liabilities and investments, recommend as needed.
- Adopt a proactive approach to identify opportunities to drive efficiencies and reduce cost.
Audit, Governance, and Reporting
- Ensure all financial structures, authorities, delegations and signatories are current and active.
- Ensure the Board is informed, and approval sought for capital expenditure, investment or other spend items outside of the CEO approved limits.
- Attend & Support the Audit and Risk Committee, with the CEO, including setting of agenda items, review of minutes and driving progress to established goals.
- Prepare and attend Board meetings as required.
- Enable the CEO to present accurate, timely analysis and insights to external stakeholders & the Board.
- Ensure the Senior Executive Team relationship is actively and constructively managed.
- Evidence of thought leadership, research, opportunities and cost recommendations.
- Evidence of financial compliance is actively and regularly maintained, reviewed and actioned
- Commercial risk is managed across the business through a risk register with controls.
Compliance
- Drive audit and reporting requirements in accordance with the Australian National Audit Office (ANAO) for parliamentary reporting purposes via the Transparency Portal.
- Drive and lead the internal annual financial audit procedures, including preparation of work papers and financial statements.
- Managing the External Auditor relationship and ensuring the organization is compliant with accounting standards
- Comply with statutory obligations and implement processes and controls (including financial controls) where required to ensure all obligations, standards and regulations are adhered.
Legal Entity Change
- Preparation for the introduction of Portfolio Budget Statements (PBS) reporting to inform members of parliament of proposed resource allocation.
- Identify and educate Managers across the business of their responsibilities as Bundanon transitions from a grant-based model, to one of appropriation.
- Support the entity change and any resulting Industrial Relations needs (such as Modern Awards or Agreements) through a transmission of business and payroll analysis as required.
Team Leadership and Development
- Offer guidance, support, and continuous supervision for team members to help them navigate challenges, fostering their well-being and aiding in their development.
- Establish and communicate clear goals and objectives for the team to ensure everyone understands their roles and responsibilities.
- Evaluate and manage the performance of team members, including conducting regular assessments and providing constructive feedback.
- Create and maintain a positive work environment that promotes collaboration, innovation, and a sense of belonging.
- Assist the team in prioritizing workflow, developing processes, and maintaining quality control.
- Ensuring a seamless induction experience for new staff members.
- Facilitating continuous feedback, aligning goals effectively, and cultivating a positive work culture to ensure ongoing improvement and the well-being of the team.
- Cultivating a workplace culture where the team is well-informed about and committed to Workplace Health and Safety (WHS) responsibilities, while also prioritizing and maintaining the overall welfare of the team.
Selection Criteria
Essential
- Relevant tertiary qualifications in finance, accounting, or a related field.
- Certified Chartered Accountant (CA) or Certified Practising Accountant (CPA) qualification preferred. Current membership of either CPA Australia as a Certified Practising Accountant or the Institute of Chartered Accountants in Australia as a Chartered Accountant.
- Significant experience in senior financial management roles, demonstrating expertise in strategic financial planning, budgeting, forecasting, and financial reporting.
- Strong knowledge and experience in audit processes, financial compliance, regulatory frameworks, and managing external audits to ensure adherence to accounting standards and statutory obligations.
- Proficiency in audit, governance, and reporting practices, ensuring accurate financial reporting and compliance with organizational policies, government regulations, and external requirements
Desirable
- Familiarity with the arts, education, or non-profit sectors, including understanding of government funding and philanthropic financial management, and the broader government landscape.
- Experience managing transitions or changes in legal entity structures, including compliance with audit, reporting, and regulatory requirements.
- Proficiency in financial management software and systems, enabling efficient work practices and robust reporting capabilities.
Requirements
All Bundanon employees are required to obtain:
- Current Working with Children Check
- National Police Check
- A current driver’s license
To Apply
Please submit your application by 22 July 2024
Your application must include a cover letter with a statement against the selection criteria listed above and your resume.
Enquiries should be directed to:
Yashaan Aspi Cawasji
Human Resources Officer
yashaan.cawasji@bundanon.com.au
About Bundanon
Bundanon is an art museum embedded in a 1,000 hectare landscape, in the Shoalhaven region of NSW. The organisation’s mission is to operate the Bundanon properties as a centre for creative arts and education, to support the development of arts practice across all disciplines and to enable public access to the arts and to the landscape. Bundanon’s vision is to promote creativity and learning based in a unique cultural and natural landscape.
Purpose of the Position
The Chief Financial Officer (CFO) is a key member of the Senior Executive Team, reporting directly to the CEO and overseeing the strategic and operational financial management to ensure Bundanon meets its financial reporting obligations to the Board and the Audit and Risk Committee. The CFO has a critical role to play managing government funding, commercial revenue, private giving and philanthropic funds held in trust to best advantage. The role collaborates with peers toward transparent, informed and compliant financial, audit and risk management obligations, delivering to the strategic initiatives of the Corporate Plan. At all times, you are a role model the leadership behaviors expected of a performing, dynamic and engaged team.
Major Responsibilities
Strategy Execution
- Forms a part of the Senior Executive Team to contribute and execute on strategic initiatives.
- Develop a comprehensive transition plan as part of Bundanon’s legal entity change, and the resulting audit, compliance and reporting obligations under the PGPA Act 2013.
- Plan, implement and manage investment strategies.
- Design and implement systems and efficient work practices that enable transparency, reporting and insists on responsible business outcomes.
- Drive review processes to set priorities, monitor progress, remove obstacles, ensuring the sustainability of planned work.
- Stay informed of trends, legislative, regulatory, and other factors likely to impact the sector.
- Communicate ongoing operational initiatives in a meaningful and inspiring manner.
Financial Management
- Ensure the strategic planning is supported with financial forecasting and budgeting processes.
- Collaborate with the CEO and senior management to manage the budget submissions.
- Advise and educate Managers and other key stakeholders in support of their budgets, headcount and other financial management responsibilities or obligations.
- Continuously analyze Bundanon’s financial and management performance
- Active management of the cash flow and ensure appropriate treasury controls are in place.
- Manage and supervise the financial systems.
- Present financial results and key metrics to non-financial stakeholders in a clear and understandable manner, enabling them to accurately interpret the information.
- Oversight of commercial decision-making processes, including tender, margin and pricing analyses.
- Analyze and manage the organization’s liabilities and investments, recommend as needed.
- Adopt a proactive approach to identify opportunities to drive efficiencies and reduce cost.
Audit, Governance, and Reporting
- Ensure all financial structures, authorities, delegations and signatories are current and active.
- Ensure the Board is informed, and approval sought for capital expenditure, investment or other spend items outside of the CEO approved limits.
- Attend & Support the Audit and Risk Committee, with the CEO, including setting of agenda items, review of minutes and driving progress to established goals.
- Prepare and attend Board meetings as required.
- Enable the CEO to present accurate, timely analysis and insights to external stakeholders & the Board.
- Ensure the Senior Executive Team relationship is actively and constructively managed.
- Evidence of thought leadership, research, opportunities and cost recommendations.
- Evidence of financial compliance is actively and regularly maintained, reviewed and actioned
- Commercial risk is managed across the business through a risk register with controls.
Compliance
- Drive audit and reporting requirements in accordance with the Australian National Audit Office (ANAO) for parliamentary reporting purposes via the Transparency Portal.
- Drive and lead the internal annual financial audit procedures, including preparation of work papers and financial statements.
- Managing the External Auditor relationship and ensuring the organization is compliant with accounting standards
- Comply with statutory obligations and implement processes and controls (including financial controls) where required to ensure all obligations, standards and regulations are adhered.
Legal Entity Change
- Preparation for the introduction of Portfolio Budget Statements (PBS) reporting to inform members of parliament of proposed resource allocation.
- Identify and educate Managers across the business of their responsibilities as Bundanon transitions from a grant-based model, to one of appropriation.
- Support the entity change and any resulting Industrial Relations needs (such as Modern Awards or Agreements) through a transmission of business and payroll analysis as required.
Team Leadership and Development
- Offer guidance, support, and continuous supervision for team members to help them navigate challenges, fostering their well-being and aiding in their development.
- Establish and communicate clear goals and objectives for the team to ensure everyone understands their roles and responsibilities.
- Evaluate and manage the performance of team members, including conducting regular assessments and providing constructive feedback.
- Create and maintain a positive work environment that promotes collaboration, innovation, and a sense of belonging.
- Assist the team in prioritizing workflow, developing processes, and maintaining quality control.
- Ensuring a seamless induction experience for new staff members.
- Facilitating continuous feedback, aligning goals effectively, and cultivating a positive work culture to ensure ongoing improvement and the well-being of the team.
- Cultivating a workplace culture where the team is well-informed about and committed to Workplace Health and Safety (WHS) responsibilities, while also prioritizing and maintaining the overall welfare of the team.
Selection Criteria
Essential
- Relevant tertiary qualifications in finance, accounting, or a related field.
- Certified Chartered Accountant (CA) or Certified Practising Accountant (CPA) qualification preferred. Current membership of either CPA Australia as a Certified Practising Accountant or the Institute of Chartered Accountants in Australia as a Chartered Accountant.
- Significant experience in senior financial management roles, demonstrating expertise in strategic financial planning, budgeting, forecasting, and financial reporting.
- Strong knowledge and experience in audit processes, financial compliance, regulatory frameworks, and managing external audits to ensure adherence to accounting standards and statutory obligations.
- Proficiency in audit, governance, and reporting practices, ensuring accurate financial reporting and compliance with organizational policies, government regulations, and external requirements
Desirable
- Familiarity with the arts, education, or non-profit sectors, including understanding of government funding and philanthropic financial management, and the broader government landscape.
- Experience managing transitions or changes in legal entity structures, including compliance with audit, reporting, and regulatory requirements.
- Proficiency in financial management software and systems, enabling efficient work practices and robust reporting capabilities.
Requirements
All Bundanon employees are required to obtain:
- Current Working with Children Check
- National Police Check
- A current driver’s license
To Apply
Please submit your application by 22 July 2024
Your application must include a cover letter with a statement against the selection criteria listed above and your resume.
Enquiries should be directed to:
Yashaan Aspi Cawasji
Human Resources Officer
yashaan.cawasji@bundanon.com.au
Bundanon, the renowned art museum nestled in the picturesque Shoalhaven region of NSW, is currently seeking a dynamic and experienced Chief Financial Officer (CFO) to join their team. The CFO will play a pivotal role in overseeing the financial management of Bundanon, ensuring compliance with reporting obligations and driving strategic initiatives.
With a sprawling 1,000 hectare landscape as its backdrop, Bundanon is dedicated to promoting creativity and learning in a unique cultural and natural setting. The CFO will work closely with the CEO and Senior Executive Team to manage government funding, commercial revenue, and philanthropic funds to support the organization’s mission of fostering arts practice across all disciplines.
Key responsibilities of the CFO include strategic planning, financial forecasting, budget management, and ensuring transparency in financial reporting. The successful candidate will also be responsible for overseeing audit, governance, and compliance processes, as well as leading the organization through a legal entity change.
To be considered for this role, candidates must possess relevant qualifications in finance or accounting, along with significant experience in senior financial management roles. Knowledge of audit processes, financial compliance, and regulatory frameworks is essential, as is proficiency in financial management software and systems.
All applicants must submit their applications by July 22, 2024, including a cover letter addressing the selection criteria and a resume. For more information or to make enquiries, please contact Yashaan Aspi Cawasji, Human Resources Officer at yashaan.cawasji@bundanon.com.au.
Join Bundanon in their mission to support the arts and education in a breathtaking natural landscape, and make a meaningful impact as the CFO of this esteemed organization.