Explore Treasury careers, future plans and goals at www.wa.gov.au/treasury/careers.
1x Permanent Opportunity
Position Number 00032925
VCID858121
Applications Close: Monday, 20 November 2023, at 9.00 am (WST)
Are you interested in cash management, banking, forecasting,
debt, and investments?
Then join our Financial Policy and Operations team to
help make a difference for Western Australia by being at the heart of key Government finances.
About Treasury
Treasury seeks to achieve value for money outcomes through the provision of expert financial, economic and resource management advice, helping the Government achieve its economic and fiscal objectives and ensuring the efficient delivery of priority public services and infrastructure that benefits all people in Western Australia.
We support the Treasurer, the Expenditure Review Committee, and Cabinet by providing solutions-focused policy advice. In doing so, we directly influence decisions impacting Western Australia’s economy, finances, society, and environment.
Treasury has a high performing, dynamic work environment where you can expect to find:
- exciting, challenging, and meaningful work that will make a difference to outcomes for people in Western Australia. Some current projects being in economic diversification, climate resilience and decarbonisation, and improving outcomes for Aboriginal people and communities;
- committed, experienced and collaborative work colleagues and a supportive peer network;
- strong support, mentorship, and career development from senior leaders, including a commitment to support individual professional development;
- an active Treasury Young Professionals Program (YPP) which hosts networking opportunities;
- a fun and proactive Treasury-wide social club;
- transparent and engaged communication across the organisation with regular staff briefings, Treasury‑wide Forums, and monthly Coffee Shop Forums to support your learning and development;
- an accessible and contemporary office building in the central business district, close to public transport, shops and cafes and with modern end of trip facilities; and
- the opportunity to build your career and professional networks in a central policy agency that operates at the heart of key Government decision-making.
About the Work Area
The Office of the Deputy Under Treasurer supports priorities that fall across Treasury and across Government, through the oversight of the State finances, Infrastructure Strategy and Performance, Budget Coordination and Transport, and Financial Policy and Operations directorates.
This role sits in the Financial Policy and Operations Directorate within the Deputy Under Treasurer’s office.
The Directorate plays a lead role in Treasury’s leadership in financial management across the sector in administering and providing advice on whole of government Treasury operations. This includes cash flow management and liquidity, investment of the Public Bank Account, Consolidated Account Debt management and the monitoring and mitigation of operational and financial risks.
About the Role
This role assists with the critical function of monitoring government’s substantial cash inflows and outflows, formulating cash flow forecasts to ensure sufficient liquidity to meet Government’s requirements, and contributes to strategic decisions regarding investment and debt management strategies.
Work requirements for the role include (but are not limited to):
- Assisting the Senior Analyst Treasury Management with managing cash and liquidity, to support the effective functioning of the Western Australian Government sector, ensuring that critical balances are not overdrawn;
- Contributing to the preparation of accurate daily and long-term cash flow forecasts for the Public Bank Account, which is comprised of approximately 300 individual bank accounts and transactions totalling over $200 billion per annum;
- Preparing regular and ad-hoc reports, such as the weekly Liquidity Report;
- Ensuring that relevant policies and procedures documentation is updated and reviewed;
- Assisting with calculating and arranging the payment of interest on interest-bearing accounts within the Public Bank Account;
- Building and maintaining effective relationships with internal and external stakeholders to achieve desired outcomes, including Treasury’s State Finances, Western Australian Treasury Corporation, the State Government’s banker and an array of government agencies; and
- Assisting, as required, with other Treasury Operations tasks such as establishing and maintaining bank accounts for the Public Bank Account arrangement.
About You
We are looking for a resilient individual who displays a strong work ethic, being able to work autonomously to manage own work deliverables and who can also actively collaborate as part of a larger team. Having an ability for continuous learning and development as well as the capacity to deliver mutual benefits through knowledge sharing and building positive relationships is also essential.
This role also requires an individual who is adaptable and flexible, with the ability to complete work efficiently and be able to meet tight and competing deadlines. Being able to thrive in a high-risk environment and having experience in the preparation of financial forecasts, cash flow management functions, together with an interest and knowledge of banking, finance and financial markets is highly advantageous.
The successful applicant will need to meet the Treasury Capability Framework outlined in the role statement and be able to align with Treasury values of Solutions focussed, Committed people, Working collaboratively and Making a difference.
This process may be utilised to fill any similar permanent or fixed term opportunities (full-time or part-time) at this level that may arise in the next 12 months across Treasury and the wider WA public sector.
How to Apply
- Read the Applicant Information Pack, Role Statement and Capability Framework attached.
- Click the ‘Apply for Job’ link at the bottom of this page or at jobs.wa.gov.au.
- Complete the online application form and submit (in Word or PDF format):
- a comprehensive CV that outlines your experience and highlights your past achievements; and
- a maximum two-page covering letter outlining your suitability for the role and what you could bring to the organisation as a member of our team.
- Details of two referees (preferably recent supervisors) who can comment on your skills and experience. Remember, it is important to keep your referees informed during the process.
It is anticipated that further assessments will be held in the week commencing 27 November 2023.
Please allow sufficient time to submit your application as we are unable to consider late or incomplete applications. For information about the process or lodging your application online, please contact recruitment@treasury.wa.gov.au.
Further Questions?
If you’d like to have a chat about the role contact Karl Rammell on (08) 6551 2679 or email Karl.Rammell@treasury.wa.gov.au
Diversity, Inclusion and Accessibility
Ensuring we have a diverse and inclusive workforce is important to us at Department of Treasury. We encourage Aboriginal and Torres Strait Islander people, people with disabilities, people from culturally diverse background, youth and women to apply for positions within our agency and will support you in your career journey at Treasury.
People with disability will be provided with reasonable adjustments in our recruitment processes and in the workplace. If you require assistance or adjustments to fully participate in the application or interview process for this role, please contact the Treasury Talent Programs team on (08) 6551 2361 or email recruitment@treasury.wa.gov.au.
