Financial Services Division
Financial Services Division is responsible for designing and implementing financial management principles, processes, and systems to ensure that managers have the necessary support to execute their financial management responsibilities. The Division is responsible for establishing the appropriate financial management and assurance environment within the Departments corporate, schools, groups, regions, and the statutory authorities. The Division has a key role in supporting the second line of defence through its oversight and monitoring functions.
The Division operates on three levels to fulfil its responsibilities including:
- strategic to support decision making.
- control, assurance, and governance to ensure compliance with legislation and standards.
- operational to provide functional support and service delivery.
About the Role
An exciting opportunity exists for an experienced Senior Finance Analyst to be part of the Business Monitoring unit in the Financial Services Division of the Department of Education.
The Business Monitoring unit is responsible for delivering a second line of defence function for the Department through effective risk management and monitoring of schools and corporate financial data, to ensure appropriate assurance is in place over high-risk schools and corporate financial data.
The purpose of this role is to contribute to the second line of defence activities to provide assurance to management on matters of governance, compliance, control, and risk management. This will require building strong relationships with business areas and will contribute to the development of oversight, monitoring and assurance compliance improvements by applying data analytics over schools and corporate financial data used, managed, analysed, and reported by Financial Services Division.
The Senior Finance Analyst will assist to help strengthen Financial Services Division data capabilities and deliver business monitoring activities which includes performing analysis of financial information to support a high level of oversight, monitoring and compliance with the government financial management policies and practices to ensure integrity of schools and corporate office financial information.
The candidate will be enthusiastic about financial data will be intellectually curious, and able to think laterally and are open to new ideas. To be successful in this role you will demonstrate experience in analysing and assessing financial transactions against government policy and guidelines, and the presentation of financial data via the use of Business Intelligence tools. You will also have proven initiative, the ability to plan and prioritise effectively, show a capacity to collaborate across different teams, and demonstrate integrity and respect for your colleagues and your work.
The Senior Finance Analyst will be tasked with:
- Monitoring and the review of the Schools assurance framework to support data integrity and compliance to Departmental policies.
- Managing Continuous Control Monitoring (CCM) assurance work programs over:
- Schools (CASES21) financial data (known as the Schools Analytical Review Program).
- Schools Purchasing Card transactions including Gifts, Benefits and Hospitality transactions.
- Schools Virtual Card transactions including Gifts, Benefits and Hospitality transactions.
- Oracle Cloud Vendor Master File database and Audit log monitoring.Conducting financial analysis and the assessment of financial transactions to departmental policies used by schools and business areas of the department.
- Assist in the creation and interpretation of data analytic tests to identify exceptions from various datasets.
- Run scripts (data analytic tests) for the extraction of exceptions via a data warehouse.
- Assist in the creation and interpretation of data analytic tests to identify exceptions from various datasets of school financial records.
- Manage the report of findings for the Schools Analytical Review Program assurance work program.
- Maintain process documents and guidelines for all CCM assurance work programs as mentioned above.
- Providing Schools and business areas of the department with support, education, and guidance as required to ensure compliance to policies and guidelines are met.
- Assist in the design and creation of dashboards via Power BI and other tools.
- Manage Internal Audit (Department) requests.
- Manage interim and year end External Audit (Victorina Auditor-General Office) requests.
- Other duties and projects as and when required.
Desirable Qualifications and Experience
Essential qualifications required include: a Bachelor's degree in Finance or a Bachelor degree in Accounting or a Bachelor degree in Commerce.
Desirable qualification required inlcude: CPA Australia or CA membership and experience either in an Audit, Assurance or Financial Analyst background preferrable.
Application requirements
Please provide a response (no more than 2 pages) to each of the Key Selection Criteria questions as per the Position Description.
Further Information
For more details regarding this position please see attached position description for the capabilities to address in application.
The department values diversity and inclusion in all forms - gender, religion, ethnicity, LGBTIQ+, disability and neurodiversity. Aboriginal and Torres Strait Islander candidates are strongly encouraged to apply. For more information about our work, working for the Department, diversity and inclusion, and our employment conditions visit the Department website and our Diversity and Inclusion page
Applicants requiring adjustments can contact the nominated contact person.
Information about the Department of Education's operations and employment conditions can be located at www.education.vic.gov.au.
For further information pertaining to the role, please contact Kim Lakatos, Manager, Business Monitoring via (03) 7022 2290 or [email protected].
Preferred applicants may be required to complete a police check and may be subject to other pre-employment checks. Information provided to the Department of Education will be treated in the strictest confidence.
Please let us know via phone or email if you require any adjustments to ensure your full participation in the recruitment process or if you need the ad or any attachments in an accessible format (e.g. large print) due to any viewing difficulties or other accessibility requirements.
Applications close 11:59pm on 06 September 2026.
