Senior Financial Analyst

Description:

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/Division/Branch
The Group provides advice and reports on the State's financial assets and liabilities, associated financial risks and workplace safety policies. This includes the State's investments, debts, superannuation and insurance claims liabilities, and guarantees. FAL is also responsible for providing governance and prudential oversight of the State's public financial corporations (PFCs), coordinating the financial and budgetary reporting of the State's PFC sector and providing policy oversight for WorkSafe Victoria (WorkSafe) and the Transport Accident Commission (TAC).
About the role
This position is located within the Financial Policy team, whose responsibilities are focused on providing advice to government on a wide range of policy issues relating to public sector superannuation, public sector investment policy and the prudential supervision of the State's PFCs.
Key accountabilities
This position has the following responsibilities:
* Develop and maintain financial models to assess the financial implications of proposed reforms and management initiatives relating to the State's PFCs and superannuation schemes.
* Develop and maintain financial models to meet the State's superannuation related financial reporting obligations.
* Assist with the review and analysis of the financial information provided by the PFC sector for inclusion in the State's published financial reports.
* Assist with the ongoing financial and prudential oversight of the State's PFCs and superannuation schemes.
* Prepare briefs, reports and correspondence.
* Develop and maintain strong working relationships and actively contribute to the Group's broader work and goals.
About you
We are seeking applications from candidates with demonstrable experience in:
* Strong financial modelling and quantitative analysis skills with a demonstrated ability to develop financial models and undertake scenario analysis.
* Developed understanding of insurance and superannuation liability management principles and related financial reporting practices and principles in the Australian environment.
* Demonstrated organisational skills, including the ability to take initiative and prioritise work with minimal guidance.
* Well-developed written and verbal communication skills, including communicating the output of financial models, writing briefs, reports and general correspondence.
* Ability to represent the Department and to build and maintain effective working relationships with a range of external and internal stakeholders.
Experience and qualifications
* An appropriate tertiary qualification in accounting, finance or a related field with at least five years of relevant work experience.
* Extensive experience using Excel to develop financial models, undertake scenario analysis and effectively communicate the output to senior managers to assist decision making.
* Sound knowledge of insurance and/or superannuation markets and a broad understanding of liability, asset and capital management.
About our culture
We aim to be a model employer providing an inclusive workplace that is understanding and respectful of differences such as gender, identity, race, disability or age. In addition, we are committed to supporting Aboriginal pathways between education and employment.
The Department strives to create an environment that supports a flexible and adaptive workforce. All requests for flexible working arrangements will be considered in line with operational requirements.
How to apply
VPS employees and other JSE-eligible applicants are encouraged to apply on the Jobs & Skills Exchange (JSE) jobs board.
For more information about the position and key selection criteria, please refer to the position description. If you have specific questions regarding the role, please contact Tehn Chin at tehn.chin@dtf.vic.gov.au.
To apply, select the ‘Apply Now' button and provide a copy of your resume and cover letter summarising your skills and relevant experience. Applications close at midnight Wednesday, 07 May, 2025. If you require a copy of this advertisement in an accessible format, please contact the Recruitment team.
Covid-19 Vaccination
DTF is committed to providing and maintaining a working environment which is safe and without risk to the health of its employees and clients and consistent with the department's obligations under the Occupational Health and Safety Act 2004 (OH&S Act). To support this DTF has a COVID-19 Vaccination policy which strongly recommends all DTF employees be fully vaccinated.