NSW Ministry of Health
Role Title: Principal Financial Analyst Restricted Financial Assets
Employment Type: Temporary Full-time, up to June 2023
Role Classification: Clerk Grade 11/12 Crown Employee
Remuneration: $128,473- $148,578 plus superannuation and annual leave loading
Hours per Week: 35
Location: St Leonards
Requisition ID: REQ215914
Closing Date: Tuesday 16 March, 11.59pm.
About this role
Working within the newly formed Cash Management directorate, the Principal Financial Analyst – Restricted Financial Assets professionally leads the overall management, strategy implementation, policy setting and procedural design for the creation, management, holding,
effective utilisation and reporting of Restricted Financial Assets for all of NSW Health.
The Cash Management team at the NSW Ministry of Health drive transformative designs and directions for NSW Health’s cash and banking framework and policies across NSW Health through to implementation ensuring effective cash and liquidity management for the whole Health system.
Cash Management strategy involves ensuring that appropriate cash assets are available to fund the Health system priorities and ensure sustainable Health outcomes over forward years. Restricted Financial Assets (RFAs) are those which are part of Health entities’ cash holdings, derived from a variety of sources, which have specific purpose or set conditions of use attached. Funds held in this category totalled $1.3 billion in the 2019/20 financial year.
This role offers significant opportunity to be part of Health’s transformative work underway in the Cash and Banking space, modernising and improving business practice and procedures and enhancing the overall administrative design to allow Health entities to focus on delivering front line Health services.
Where you'll be working
Based at the new state-of-the-art 1 Reserve Road building in St Leonards, the Ministry offers a flexible and agile working environment allowing employees to balance their work and home environment, and link to teams and people across the Health system easily and professionally.
What you'll be doing
Reporting to the Director, Cash Management, the Principal Financial Analyst – Restricted Financial Assets leads governance of RFA funds, including designing updated and revised policy aligned to the NSW Government Sector Finance Act (2018). Working collaboratively with NSW Health entities to ensure budget and forecasts align with actual collection and utilisation of funds held and are reflected in cash forecasting provided to NSW Treasury.
You will be working to promote effective utilisation and reporting of Restricted Financial Assets by Health entities to achieve their local objectives, whilst building strategic relationships with these stakeholders. This includes Local Health Districts, Specialty Networks, Pillars and Business Units.
Restricted Financial Assets include donations, gifts, legacies and bequests, public contributions, clinical/drug trials, specific grants, Samaritan funds, proceeds of charitable fundraising, Rights of Private Practice (ROPP) funds, capital equipment replacement funds and interest earned on these funds.
Acting as the system owner for Health’s eCTRA system (Electronic Registry for Custodial Trust Funds and Restricted Financial Assets) – a tool for recording, managing and reporting on Restricted Financial Assets and Custodial Trust Funds held by NSW Health entities, the role will liaise with business users state-wide, approve system enhancements, and ensure the system is being utilised as designed for the diverse range of funds held.
Need more information?
- Find out more about applying for this position
- All applicants must attach a response to the two targeted questions (1-2 pages) and your CV (no more than 5 pages)
- A Recruitment Pool may be created for future vacancies at the same/equivalent salary level
- Please note this is a temporary role, there may be opportunities for potential to ongoing employment at the same grade
For role related queries or questions contact Sandra Mulder on [email protected]
If you require reasonable adjustments, please contact Hana Maalla on [email protected]
Targeted Questions (1-2 pages)
If you do not include responses to the below questions your application will not be considered.
1) Describe a specific example of your experience working with restricted financial assets and how and why it was important to implement or ensure compliance with policies and procedures for these types of funds.
2) Provide a description of what strategies and methods you would use, or have used, to manage or influence a group of key stakeholders to adopt or implement a new process, policy or way of working that had wider impact or benefits than just the immediate group you are working with.
The Ministry of Health values diversity and is committed to building an inclusive workplace culture that reflects the community we serve. We encourage applications from diverse community groups including Aboriginal and Torres Strait Islander people, LGBTI, people with a disability and people from culturally and linguistically diverse backgrounds.
To be eligible for employment in these roles you must be one of the following:
- an Australian Citizen, or
- a permanent resident of Australia, or
- a New Zealand citizen with a current New Zealand Passport, or
- a citizen of another country with an appropriate visa that allows you to work in Australia
You can only be offered employment in this role for the duration that your current visa allows you to work in Australia, and you can only be offered ongoing employment if you have a permanent visa that allows you to work in Australia
To learn more about working at the Ministry of Health, please visit our career portal.
Applications Close: Tuesday 16 March, 11.59pm.