Finance Business Partner - Melbourne, Australia - Service Stream

Service Stream

Verified Company

Melbourne, Australia

2 weeks ago

Posted by:

Olivia Brown

beBee Recruiter

Description

Primary Location

Melbourne, VIC
Job Description Summary

Based in Clayton and reporting to the Finance Manager -Network Services, this role is for providing a comprehensive accounting and business partnering service across all contracts in Network Services Unit (Sector) that sits within the Utilities & Infrastructure Division.

About the Role

This position is responsible for assisting in driving financial and commercial outcomes in Network Services with an emphasis on profit delivery, strong cashflow generation whilst ensuring the Sector operates in the most efficient and cost-effective manner to support the achievement of stated financial objectives.

Delivery of outstanding business partnership, trusted counsel, strategic and tactical financial advice to Sector and Sector lead.
Delivery of highquality financial reporting with a strong focus on balance sheet and cash flow management, providing analysis and insight to support decision making.
Ability to work with and influence operational leaders in the Sector to adopt sound financial practices and decisions.
Ability to promote a culture of continuous improvement across Sector operations.
The role contributes to the overall Service Steam Group through the provision of strong leadership, professional knowledge, and advice in support of the organisation's Vision and Values

Financial Reporting & Management

Assist the preparation, analysis and reporting of Sector financial results and forecasts.
Preparation of weekly BU, program, and contract level financial performance reporting;
Prepare and deliver monthly operational / management reports ensuring the reports accurately depict the trading result for each contract.
Assist with pricing build ups and other estimates & tasks related to contract negotiations, contract variations and / or new business opportunities;
Assist the Sector Managers and Operations Managers in monitoring their respective budgets, monthly forecasts and assisting with strategies where appropriate to deliver targeted results;
Assist Operations Managers and Project Managers with their monthly project forecasting obligations, including challenging, analysis and verifying the assumptions and calculations included within each forecast.
Provide insight and advice to management on opportunities for improved staff utilisation, cost optimisation and the streamlining of processes to ensure the business operates a costefficient service delivery;
Develop and prepare insightful financial information and appropriate tools to drive improvements in profitability, cashflow performance and future growth.
Ensure adequate processes and finance team capability exists to enable timely, efficient, and accurate financial reporting.
Financial oversight across major contracts and projects against key milestones and financial targets.
Support the Division in achieving annually stated financial, operational, and strategic objectives.
Developing and continuously improving standard procedures for financial management of service lines (program of works).
Review and where necessary implement revised compliance policies within scope of responsibility
Analysing and monitoring program & site overhead financial results and variances;
Review and where necessary preparing contract level forecasts, financial budgets and rolling 12month forecasts;
Reporting the status of initiatives in particular time, cost, revenue, risk, performance, and progress
Preparation of adhoc analysis on business issues impacting the provision of services across a portfolio / project
Proactively respond to issues that impact on financial performance and facilitate solutions in a timely manner.

Financial Control

Assist to develop an Annual Budget, including development of revised budget templates, and where applicable, developing a Capex Budget for their area of responsibility.
Prepare Sector / Portfolio monthly EBITDA variance analysis.
Involvement in the halfyear and yearend financial audit
Review capex documents, including business cases, to support the Financial Controller

Balance Sheet and Cashflow Management

Promote and support a "cash is king" culture and ensure that cash flow considerations are top of mind in commercial decision making.

Leadership

Provide strong financial leadership, advice and support to Operational and Sector leads.
Demonstrate personal energy and enthusiasm for both the immediate team and wider organisation, contributing to an environment which promotes positivity, good team spirit and support amongst all employees.

Continual Improvement

Work collaboratively with colleagues to drive a culture of continual improvement.
Assist with project specific tasks, such as system / software implementation initiatives and general process improvements;
Support the implementation and use of interactive reporting and analytics tools (BI) to provide enhanced insights and improve operating efficiencies.
Support