Manager, Public Financial Corporations

Location: Melbourne | CBD

Job type: Full time

Organisation: Department of Treasury and Finance

**Salary**: $134,593 - $180,115

Occupation: Other

Reference: VG/1835271

This is an ongoing VPS 6 position is located within the Financial Policy Team whose responsibilities are focused on providing oversight and policy advice to government on the management of the State’s public sector superannuation and insurance liabilities, and related assets. The team is also responsible for overseeing the financial management, governance and prudential supervision of the State’s PFCs.

**About us**

The Department of Treasury and Finance provides economic, financial and resource management advice to help the Victorian Government deliver its policies. We strive for excellence in financial and economic management to improve the lives of all Victorians.

**Group**

**Financial Assets and Liabilities (FAL) Group**

The Financial Assets and Liabilities (FAL) Group is made up of three teams:

- Balance Sheet Management;
- Financial Policy; and
- Workplace Safety Reform.

The Balance Sheet Management and Financial Policy teams provide advice and meet reporting requirements in relation to the State's financial assets and liabilities and associated financial risks. This includes the State's investments, debts, superannuation and insurance claims liabilities, and guarantees. These teams are also responsible for the providing governance and prudential oversight of the State's Public Financial Corporations (PFCs) and coordinating the financial and budgetary reporting for the State's PFC sector.

The Workplace Safety Reform team works to improve the safety of Victorian workplaces and support those affected by workplace fatalities, injuries and illnesses.

**About the role**

This is an ongoing VPS 6 position is located within the Financial Policy Team whose responsibilities are focused on providing oversight and policy advice to government on the management of the State's public sector superannuation and insurance liabilities, and related assets. The team is also responsible for overseeing the financial management, governance and prudential supervision of the State's PFCs. In this role you will be accountable for:

- Lead a small team including, fostering a positive team culture, prioritising and managing workflow and planning and setting the direction for the team's work to achieve the objectives of the FAL Group and the Department. Manage staff, including providing feedback and supporting career learning and development.
- Ensure the timely and accurate reporting of financial and other information for the PFC sector and superannuation liability for inclusion in the State's published financial reports.
- Develop and maintain models to analyse the State's financial balance sheet exposures (e.g. superannuation and insurance liabilities and investments) and assess the financial implications of proposed reforms and management initiatives.
- Provide advice to Government on issues related to the State's PFCs and superannuation liability including, but not limited to, financial performance, risk management, and governance. This includes preparing detailed reports, ministerial briefs, and Cabinet submissions on complex matters.
- Oversee and advise on the operation of the State's Centralised Investment Model, under which the Victorian Funds Management Corporation (VFMC) manages the investment portfolios of the State's key PFCs.

For the full list of accountabilities please refer to the position description.

**About you**
- Strong financial modelling and quantitative analysis skills with a demonstrated ability to develop advanced financial and risk assessment models and undertake dynamic scenario analysis.
- Strong verbal and written communication skills, with an ability to craft impactful and fit-for-purpose advice and recommendations tailored to the needs to varying audiences.
- Strong people management skills with a demonstrated ability to foster a positive team environment and train, develop and motivate employees to perform at their best.
- Demonstrated organisational skills, including the ability to take initiative and proactively prioritise work to ensure efficient and practical outcomes are achieved.
- Experience in strategically building and maintaining effective relationships and networks with diverse stakeholders in a complex and dynamic environment.

Experience and qualifications
- An appropriate tertiary qualification in applied finance, accounting, investment management or a related field.
- At least five years of relevant work experience with a focus on financial analysis, investment management and/or liability management.
- Experience evaluating business strategies, investment strategies and understanding, and advising on, the risks of specific strategies.
- Proven ability to develop and maintain strong working relationships with senior stakeholders, within the Department and externally, and communicate issues effectively.