FINANCE MANAGER
RMIT University
مجموع سنوات الخبرة :18 years, 10 أشهر
- Successfully coordinate, prepare, and manage the implementation of an annual Operations Portfolio Property and Procurement budget/forecasts exceeding $80 million.
- Develop and maintain strong working relationships with executive teams within Finance, Property & Procurement, and Operational Accounting to ensure seamless collaboration and reporting.
- Prepare and deliver timely and accurate monthly financial reports, forecasts, and FTE analysis for executive decision-making.
- Actively contribute to the development and implementation of efficient and effective practices within the Property & Procurement team.
Lead major capital projects, including the $220M New Academic Street (NAS) project and the $128M Sustainable Urban Precinct Program, ensuring financial viability and adherence to budgetary requirements.
- Assist in the development of the Capital Development Plan and conduct comprehensive cost-benefit analysis for project viability assessment.
- Implement robust financial controls, including delegation of authority, project financial reporting, and monthly expenditure forecasting, to ensure projects remain within budget.
- Streamline financial reporting within SAP to capture costs per campus, building, and expense category, providing valuable insights into expense allocation and cost optimization.
- Facilitate effective communication and collaboration with project managers, construction teams, and stakeholders to ensure project updates and financial management are aligned.
- Enhance the financial acumen of non-finance managers, elevating their understanding of financial policies and systems to support informed decision-making.
ACHIEVEMENTS
Successfully provided timely financial information and guidance to PSG Leadership, leading to the achievement of annual savings targets.
Standardized and restructured financial reports to enable real-time cost capture, enhancing accuracy and efficiency.
Conducted financial analysis and provided guidance on the sale and leaseback of buildings, as well as the outsourcing of Bundoora Student Accommodation.
Supported small and mid-sized enterprises to improve their financial position by providing accounting, taxation, bookkeeping, payroll, and business advisory services.
Gathered and analysed information to identify ways that the client can reduce their tax liabilities and improve their profitability.
Prepared tax, financial, BAS, cash flow, P&L statements, balance sheets, FBT returns, and income tax returns.
Represented clients with the Australian Taxation Office and other regulatory agencies.
Carried out internal audits, identifying non-compliance, investigating discrepancies, and looking at ways to improve processes
Managed tax compliance, including income tax, capital gains tax, GST, and FBT, ensuring adherence to tax laws and regulations.
Provided strategic tax advice on optimal tax structures and identify potential tax risks, offering risk-based solutions.
Oversee external tax advisor relationships and workstreams, ensuring effective tax planning and management.
Prepared and lodge tax compliance activities, including BAS, FBT, and payroll tax returns.
Maintained accurate financial records, including monthly general ledger maintenance, balance sheet reconciliations, and accruals.
Assisted in the preparation of financial reports, including statutory accounts and ASX reporting requirements.
Collaborated with subsidiaries for group-wide consolidation and manage the external audit process.
Operated accounting packages for accurate transaction allocations and financial reporting purposes.
Ensured tax reconciliations and forms are prepared accurately and on time, meeting financial and compliance requirements.
Provided backup support for payroll processing and assist with accounts payable and receivable functions.
ACHIEVEMENTS
Implemented process improvements in tax compliance, resulting in reduced filing errors and improved efficiency in income tax, capital gains tax, GST, and FBT filings.
Developed and implemented tax planning strategies that resulted in significant tax savings for the organization.
Implemented robust financial record-keeping processes, resulting in accurate monthly general ledger maintenance, balance sheet reconciliations, and accruals.
Maintained accurate tax reconciliations and prepared tax forms in a timely manner, meeting financial and compliance requirements.
Developed and managed the annual budget and business plan for the Facility Service's Student Accommodation Services branch at the University's Gippsland Campus. Ensured the achievement of key budget targets, monitored financial performance, and implemented plans for building maintenance and replacement. Managed a team of 16 finance and non-finance staff.
Led the formulation of a compelling business case that resulted in the development of new accommodation facilities. The business case highlighted the cost-effectiveness of replacing outdated facilities, the challenges of maintaining dispersed accommodations, and the benefits of a centralized, energy-efficient facility. Secured a government grant for 50% of the development costs and engaged a private developer for funding. The new facility enhanced the university's marketing campaigns and featured state-of-the-art information and communications infrastructure.
Established and nurtured strong professional relationships within the University and with external bodies to support the delivery of various services. These services included support for students experiencing mental health challenges and crises, as well as robust incident reporting, response, and management.
ACHIEVEMENTS:
Successfully outsourced the maintenance of student accommodation, resulting in cost and time savings for maintenance tasks.
Restructured the Residential Services business unit, resulting in $2 million in savings. This involved reducing staffing levels, reallocating work, re-classifying positions to reflect additional responsibilities, outsourcing non-core activities, implementing marketing strategies to generate additional revenue, and outsourcing security services.
Achieved a $1 million budget reduction by outsourcing maintenance operations, leading to improved financial performance. These savings were reinvested to enhance the overall student experience.
Analysed and reported on income and expenditure. Prepared the budgets for the University’s
residential sites at Gippsland, Parkville, Frankston, Berwick and South Africa. Reconciled
balance sheet accounts, managed Accounts Payable and Receivables.
Increased the ability of managers to undertake revenue and expenditure analysis.
Instituted formal monthly meetings with all managers in my areas of responsibility to
provide them with a clear understanding of their revenue and expenses which led to a
more robust basis for budgeting decisions and enabled them to identify opportunities to
increase revenue.
Provided financial information to executive management, maintained a $1billion fixed asset
register, and reconciled the balance sheet accounts for all cost centres.
Maintained and accounted for all fixed assets across 55 Metropolitan Fire Stations.
Involved physically identifying the assets, tracking those that had been transferred
between locations, reporting any losses and updating the documentation on assets to
ensure that they could be more readily be identified and located in the future.
Master of Business in Accounting