Financial Controller

About The George Institute for Global Health The George Institute for Global Health is an internationally-recognised health research organisation, undertaking high-impact research across a broad landscape. Affiliated with several leading universities in Australia, Asia and the UK, the Institute is a global leader in research and policy on the prevention and treatment of common chronic and critical conditions, such as diabetes, heart disease and trauma.
The Institute was established in 1999 and employs a global network of leading medical experts across a range of specialties, as well as other health professionals with expertise in research design, project management and statistical analysis. With a respected voice among global health agencies, the Institute has attracted significant funding support from governments, foundations and corporations in support of its work. The George Institute’s research is regularly published in the top tier of academic journals internationally and contributes to clinical and public health policy worldwide.
Our mission is to improve the health of people worldwide by:
 Providing the best evidence to guide critical health decisions

 Engaging with decision makers to enact real change

 Targeting global epidemics, particularly of chronic diseases and injury

 Focusing on vulnerable populations in both rich and poor countries

In achieving that mission, we are committed to ensuring the integration of good business practices throughout all our operations.
The Institute has grown rapidly since its inception, and currently employs approximately 450 staff at its headquarters in Sydney. The George Institute also has offices in India, China and the UK. Research is currently conducted at around 300 collaborating centres in approximately 50 countries worldwide.
The George Institute is made up of several research and development themes, divisions and programs that oversee numerous large-scale international and regional projects funded by a diverse range of sponsors, both public and private. The George Institute has also established a number of social enterprises that provide services to clients in the healthcare, pharmaceutical and biotechnology sectors worldwide. In the current financial year, the Institute’s gross revenue is expected to total around $1000 million, making it one of the largest medical research institutes in Australia.
The George Institute is dedicated to the recruitment, development, and retention of the best people from around the world. The pursuit of academic, scientific and operational excellence in a “can do” culture is actively promoted in all our activities. For more information about the Institute, visit www.georgeinstitute.org.

The Role The George Institute for Global Health, China (GIC) aims to facilitate the sharing of knowledge, information and ideas, and skills across all areas of clinical research, training, teaching, clinical practice, and policy development with our partners in China.  The ultimate goal is a sustained commitment to the implementation of evidence-based policy and practice that addresses the burden of disease.

The Financial Controller is a member of the Finance and Operations division of GIC and will be responsible for the financial systems and processes of GIC and its associated entities, and budget management of GIC and its associated entities. The role will focus on maintaining the integrity of the financial system and ensuring the provision of accurate and timely financial information.

The Financial Controller will work very closely with budget holders on grants application, contracts review, budget monitoring, project finance reporting, audit, etc.

Reporting Relationships The Financial Controller reports to the Director, Finance & Operations and directly manage the finance team, including accountants and cashiers of GICand its associated entities.

Duties and Key Responsibilities

 In consultation with the Director Finance & Operations, to develop, implement and monitor short and long-term financial strategies, policies and practices that are specific to the GIC Operation.

 Liaise with the local bank, auditor, lawyer and tax advisers on matters relating to the effective management of GIC and its associated entities, including ensuring that legislative requirements are met and provide advice to local management team.

 Prepare and control the budget for GIC, undertake high-level analysis of monthly accounts and key metrics, investigate issues arising as required and prepare monthly financial report to Global Finance team and China management team.

 Responsible for treasury management, e-payment approval and balance sheet reconciliations of GIC and its associated entities.

 Ensure that all financial information is timely and accurately entered into the accounting systems and post transactions in the systems (Microsoft Great Plains and UFIDA) within due date.

 Responsible for the preparation of Chinese statutory accounts and tax returns in a timely manner.

 Support the Director, Finance & Operations on the yearly budgeting and planning process for GIC and its associated entities.

 Review the proposal budget and project finance report to funders. Actively manage overheads whilst seeking out areas for efficiencies for savings, including initiating and managing cost saving programs and initiatives with relevant program Heads.

 Organize follow-up meeting with the budget holders to ensure accounts are tracked appropriately.

 Initiate and develop processes to improve reporting and financial systems, implementing according to agreed timeframes in a timely manner and with appropriate support and training.

 Be responsible for finance capacity building of the China office and design a series of training materials according to different requirements.  Liaise with non-financial and senior member of the Institute and effectively handle any queries.

 Be a good partner of program leaders by involving in grant application and budget reviewing, and can support projects in financial management and budget monitoring.

 Manage the statutory audit of the Institute and related entities.

 Regularly monitor and review the performance of direct reports. Ensure that the performance of all staff within the business units is effectively managed.  Actively develop staff skills and capabilities. Ensure that staff in the business units are aware of new developments in their field of expertise.

 Ensure activities comply with relevant Acts, legal demands and ethical standards.

 Ensure the Institute’s financials are complied with international and local accounting standards.

 Take the lead of reviewing general contracts and report on the risks.

 Work closely with Director, Finance and Operations on the Institute’s Insurance policies, Risk Management and Relationship Management

(Internal/External). As a Team Member:

 Participate in team meetings and activities

 Participate in objective setting, performance management

 Participate in special projects to improve processes, tools, systems and organisation Occupational Health and Safety

 Comply with OH&S legislation and operate in accordance with established OH&S practice and procedures at the George Institute

 Promote and contribute to a safe, secure environment for staff and visitors

Skills, Knowledge and Experience

 Qualifications in accounting CPA, ACCA, or similar.

 Post graduate experience of over 8 years or bachelor degree with at least 5 years’ of financial management and people management experience.

 Familiar with standard computerised accounting systems is necessary.

 Computer literate and ability to learn new software applications quickly

 Strong Microsoft Office suite skills including Excel spread-sheeting skills and experience

 Strong problem solving, analytical and critical evaluation skills.

 Strong focus on quality of work

 Excellent oral and written communication skills in both English and Chinese.  Excellent time management

 Excellent interpersonal skills and the ability to work effectively and flexibly (i.e. autonomously), in small teams and with a wide range of stakeholders

 Ability to see the big picture, yet still focus on detail

 Ability to be flexible and adaptable in the face of changing organisational priorities and ambiguous environments.

 Good at capacity building of the team.

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