Financial Analyst

The Role

Roles are available in two teams, as an APS 5 within Project Finance Governance Directorate and an APS 5 within Asset Accounting Directorate, you will be accountable for the following:

• Providing qualitative and quantitative data analysis with a focus on the presentation of data to feed into strategic management reporting.
• Building and sustaining relationships with stakeholders and subject matter experts to deliver outcomes, which includes liaising with a broad range of people including auditors, business areas, procurement and the military.
• Managing financial governance requirements and ensuring compliance with the financial management framework.
• Providing sound practical advice and guidance to stakeholders on technical financial accounting and asset lifecycle assurance activities. Understanding, applying and aligning Defence's mission and business objectives to financial reporting and asset management.
• Analysing business processes, identifying areas for improvement, and developing operational efficiency, particularly in refining ERP processes.

As an APS 5 Financial Analyst within the Project Finance Governance Directorate, you will also be responsible for the following:

• Understanding and implementing practical governance requirements, risk oversight, carrying out assurance and facilitating compliance with the financial management framework.
• Providing advice on project accounting policy and implementing an associated compliance testing, reporting and remediation program.
• Aspects of this will include testing of project accounting documents, expenditure recognition and classification, reconciliations, asset cost allocation models, asset impairment reviews and financial aspects of project closure.

As an APS 5 Asset Accounting and Reporting Officer within the Financial Accounting and Assets Directorate, you will also be responsible for the following:

• Contributing to the management of Fixed Assets Register and Inventory Holdings including maintenance of asset classes and effective lives, additions and disposals.
• Analysing data to proactively support the completion of Defence's external financial reporting functions including journal preparation and reconciliations, balance sheet management with investigation into reconciling items and financial statement analysis.

About our Team

There is no single employer in the Commonwealth that offers the breadth of technical challenges that Defence Finance Group (DFG) tackle. Working in the Financial Accounting and Asset Accounting team means you will be applying your professional judgement and knowledge to a huge range of complex accounting issues.

The Project Finance Governance Directorate team is accountable for policy advice, compliance assurance, conducting quality assurance checks on financial accounting activities and liaison with external auditors.

The Asset Accounting team is responsible for the full financial reporting and the financial accounting of Defence's assets through their capability lifecycle.

The teams are responsible for the financial accounting of the largest asset base in the Commonwealth valued in the hundreds of billions of dollars. Think big, physical tangible assets like aircraft, ships, submarines plus a huge property portfolio, specialist military equipment, complex intellectual property and bespoke technology. Career growth prospects are strong because if you understand assets underpinning Defence you will gain a knowledge of the business.

Our Ideal Candidate

Our ideal candidate will demonstrate:

• Strong analytical skills, critical thinking and attention to detail.
• Strong initiative, sound practical judgement and resilience.
• Experience in audit and assurance or asset accounting encompassing a range of asset lifecycle activities.
• Well-developed base technical accounting skills
• Strong written and oral communication skills.
• Ability to produce quality work within short timeframes.
• Excellent interpersonal and stakeholder engagement skills.
• A commitment to continuous improvement.
• Expertise in using Microsoft suite and technical abilities in presenting large data using data visualization tools such as Power BI is desirable.

Application Closing Date: Thursday 5 June 2025

For further information please review the job information pack, reference DFG/03942/25 on