Located in Keilor East, Holloway Aged Care Services provides ageing in place for 77 residents within a home-like environment.

The Finance Officer is responsible for full-function financial accounting and financial and prudential regulatory compliance including:

Full function Accounts Payable, including invoice processing, obtaining relevant cost approvals, ensuring accurate cost allocation and meeting agreed payment terms with suppliers.

Full function Accounts Receivable, including issuing of invoices, correctly allocating receipts, ensuring payments are received when due, and following appropriate debt collection processes on arrears.

Management of all operating bank accounts, including monthly bank reconciliations

General ledger maintenance, ensuring the balancing of sub-ledgers.

Cash flow management, including effective management of term deposit investments to maximise interest returns.

Management of refundable deposits according to the financial and prudential standards determined by the Department of Health.

Fixed asset register management including processing of monthly depreciation.

Revenue control ensuring all revenue streams are correctly billed and received.

Expense control management – ensuring expenditure is within budgeted levels and appropriate approvals are obtained for all purchases and contracts.

Capital expenditure – review requests ensuring that relevant approvals are obtained, and that Financial and Prudential requirements are met.

Annual budget preparation for approval by the governing body.

Overseeing fortnightly payroll, EBA and wage reviews

Source, write and submit grant applications

Annual insurance – reviewing coverage limits and organising premium renewals

Finance policies and procedures – review and update as necessary

Continuous improvement of finance/systems processes and internal controls

Supervise the Assistant Finance Officer

Financial reporting monthly to the governing body.

Financial reporting quarterly and annually to the Department of Health

About you:

CPA or CA qualified

Minimum of three years’ experience in accounting / aged care preferred

Sound accounting technical skills including full understanding of profit and loss, balance sheets and cashflows.

Understanding of EBA’s and payroll management

Strong attention to detail, time management and organisational skills

Experience with improving and enforcing business systems and controls

Experience in the not-for-profit sector

Advanced Microsoft suite skills, especially Excel.

Experience with Inerva software is desirable

Benefits of working for us:

Access to comprehensive salary packaging benefits

Professional development opportunities

Opportunity to give back by supporting the health and wellbeing of our residents

An inclusive and supportive work environment where people are valued and encouraged to grow and develop

Work in a trusted and values-based organisation with a focus on teamwork and customer satisfaction