Lead Financial Analyst

Motion Recruitment; Australia; On-site; AUD 100,000 - 130,000; Full time

Job summary

A Federal Government Agency in Australia is seeking an experienced IT Financial Management Lead to join its IT Business Management function. This critical role involves managing IT budgets, financial governance, and maximizing the business value of digital investments. The ideal candidate has a background in public service financial data, strong cost accounting skills, and excellent communication abilities. Responsibilities include forecasting, expenditure control, and financial analysis. Tertiary qualifications in accounting and 5+ years experience are preferred.

Qualifications

• Experience dealing with Public Service financial data.
• Strong cost accounting experience.
• Excellent written and verbal communication skills.
• Confidence dealing with senior stakeholders.
• Demonstrated ability to solve complex financial issues under pressure.
• Strong attention to detail.

Responsibilities

• Develop and manage IT budgets aligned with agency priorities.
• Prepare accurate financial forecasts and facilitate budget processes.
• Track IT expenditure and identify financial risks and opportunities.
• Leverage FinOps capabilities for efficient cloud cost management.
• Prepare financial presentations for senior executives.

Skills

Public Service financial data experience

Cost accounting

Communication skills

Problem-solving under pressure

Attention to detail

Budgeting and forecasting tools

Advanced Excel skills

Education

Tertiary qualifications in Accounting or Commerce

Tools

Accounting software

Job description

A high-profile Federal Government Agency is seeking an experienced and dedicated IT Financial Management Lead to join the IT Business Management function within the IT Strategic Portfolio Governance & Management (IT SPG&M) section.

This critical role is responsible for providing sound internal financial management and governance for the IT division. You will be instrumental in ensuring the division's financial health, cost-effectiveness, and strategic alignment with agency and divisional priorities, playing a key role in maximizing the business value derived from digital investments.

Responsibilities

• Budget Management: Developing, managing, and monitoring IT budgets, ensuring clear alignment with agency and divisional priorities.
• Forecasting & Review: Preparing accurate financial forecasts and facilitating the agency's annual bottom-up budget build and mid-year review processes.
• Expenditure Control: Tracking and reporting on IT expenditure, proactively identifying financial risks and opportunities, and implementing robust controls and governance for IT spending to ensure cost-effectiveness and value for money.
• FinOps & Cloud: Leveraging existing Financial Operations (FinOps) capabilities to support the efficient management of cloud computing costs and maximise business value from digital investments.
• Stakeholder Reporting: Preparing detailed financial presentations for senior executives and stakeholders, and providing financial analysis and advice to support high-level decision making and the preparation of executive and governance committee papers.
• Financial Analysis: Consolidating and analysing existing financial data (including budgets, journal records, and related documents) to support analytical and financial reviews for the CIOD.
• Cost Optimisation: Optimising license and maintenance fees by eliminating redundant or underutilised tools, and by identifying opportunities to consolidate vendor licenses and renegotiate agreements.
• Innovation & Architecture: Assisting the exploration and implementation of innovations or composable architectures to optimise the cost of operating and hosting technologies.
• Procurement Support: Informing IT purchasing and procurement activities through the analysis and summarising of the current financial position.
• Liaison: Liaising effectively with program finance teams and the central Enabling & Regulating Group to progress critical financial management and budget activities.
• Ad Hoc: Performing additional responsibilities as required and directed by the Director, IT SPG&M.

Requirements

• Experience dealing with Public Service financial data.
• Strong cost accounting experience.
• Excellent written and verbal communication skills.
• Confidence dealing with senior stakeholders.
• Demonstrated ability to solve complex financial issues and ability to work effectively under pressure.
• Strong attention to detail and extensive experience using budgeting, forecasting, and reporting tools.
• Advanced computer software skills, including Advanced Excel and other accounting packages.
• Valid AGSVA Baseline Clearance minimum.

Nice to Have

• Tertiary qualifications in Accounting, Commerce or a related discipline, and 5+ years' experience in an accountancy role.
• Professional accounting qualification such as CA or CPA preferred.
• Experience with ICT procurement, expense management, and budget management in a federal government context.

Contact: [e-mail]