Who we are

Common Equity NSW Ltd (CENSW) is a not-for-profit Registered Community Housing Provider for the Co-operative Housing sector in NSW with 32 individual Housing Co-operatives as members. The company manages over 500 properties on behalf of the Land and Housing Corporation (LAHC) and, in turn, subleases these properties to housing co-operatives.

About the Role

Reporting to the COO, the Finance Manager is part of a small leadership team and will be primarily responsible for the organisation's financial leadership. One of the main responsibilities is to ensure that financial information is readily available for strategic decision-making.

The Finance Manager will be technically skilled in accounting and other statutory requirements, well organised, a good communicator and a team player. The Finance Manager will lead a small team with two direct reports, who are also responsible for providing bookkeeping services and financial advice for our Co-operatives. The Finance Manager will work alongside other organisation managers to ensure information is accurate, timely, responsive, and compliant with relevant legislation, guidelines, and internal policies. Furthermore, the role provides extensive support and advice to the Chief Operating Officer and Chief Executive Officer on financial services, Payroll and Administration issues.

Why work with us?

Common Equity NSW is a value-driven organisation committed to impacting the housing crisis in NSW. We are the only Community Housing Provider in NSW that works with housing co-operatives. Our model empowers housing co-operatives to actively participate in their own housing outcomes through building capacity, collaborative management (governance and financial), and democratic member decision-making.

CENSW offers:

• A competitive salary
• Hybrid working arrangements in a centrally located office space.
• Salary Packaging (up to $15,900 per year tax-free)
• Entertainment packaging (up to $2,650 per year tax-free)
• Training and Development opportunities
• A great team environment

Key Responsibilities

1. Finance Operations

1. Set up, operate and maintain software database and analysis systems for recording and reporting income and expenditure, maintenance planning data and compliance by Co-operatives including rent setting and eligibility policies.
2. Overseeing banking matters and managing working capital.
3. Management of the finance team to coordinate bookkeeping duties, bank reconciliations, accounts payables and receivables.
4. Supervise and actively participate in the day-to-day financial operational requirements of the organisation.
5. Complete all payroll processes to ensure timely and accurate processing of payroll transactions including salaries, benefits, garnishments, taxes, and other deductions. Ensures accurate and timely processing of payroll updates including new hires, terminations, and changes to pay rates.
6. Preparation and filing of Superannuation, BAS and IAS statements and any other statutory compliance documents.

2. Financial Management and Planning

1. Prepare CENSW’s annual budget and cashflows working with the Senior Leadership team.
2. Prepare monthly management reports and provide recommendations to staff, senior management, the Board and subcommittees.
3. Provide effective financial management advice to enable the CEO, COO Board and financial committee to make informed decisions.
4. Undertake financial modelling and evaluation of programs, major events and campaigns.

3. Compliance, Risk & Governance

1. Maintain a working knowledge of all relevant legislation and regulations relating to all financial activities of the organisation and ensure policy documents are updated accordingly.
2. Preparation of the annual Financial Statements in accordance with current/up-to-date accounting standards.
3. Complete the annual audit, including providing information and resolving queries with our independent auditor.
4. Ensure the organisation complies with applicable taxation laws including but not limited to GST, FBT and returns preparations (e.g. IAS/BAS & FBT).
5. Preparation and filing of the Annual Information Statement to the ACNC.
6. Monitoring CENSW financial governance and risk mitigation measures and communicating these to the Risk and Audit Subcommittee.
7. Manage financial performance reporting for the NSW Housing Registrar.
8. Oversee the policy review schedule and ensure our policies are consistent, up-to-date and reflective of the sector and regulations.

Key Selection Criteria

• Professional accounting qualification (CPA/CA).
• At least two years of experience in a similar role.
• Ability to utilise the Microsoft suite of programs including a high-level proficiency with Microsoft Excel.
• Proven experience in budgeting, forecasting and analysis of financial performance.
• Proven experience with EOM and EOFY Procedures
• Demonstrated ability to introduce change and improve systems efficiency and effectiveness.
• Experience in End-to-End payroll processing
• Rights to work in Australia

Desirable

• Knowledge and experience with Xero
• Human Resources experience
• Experience with Power BI

How to Apply?

If you seek a challenging and rewarding role, please apply via the "Apply Now" button. Please note applications must include a resume and cover letter addressing the selection criteria. Please, be advised that applications will be evaluated as submitted and suitable candidates may be contacted before the closing date.

Only applications that meet the selection criteria will be considered.

For more information, please contact [email protected] using the subject line: Finance Manager enquiry via EthicalJobs.