Role Description

Finance Analyst

Cluster NSW Health

Agency Ministry of Health
Division/Branch/Unit Finance/Budget Management and Accounts Unit (BMAU)
Location St Leonards
Classification/Grade/Band Clerk Grade 7/8
Role Number 668657 668658 668659
ANZSCO Code 221112
PCAT Code 3333337
Date of Approval November 2023
Agency Website www.health.nsw.gov.au

Agency overview
For more information go to www.health.nsw.gov.au

Primary purpose of the role

The Finance Analyst, under the supervision of the Principal Finance Business Partner, undertakes a range of
financial and accounting activities in an Oracle R12 environment, including preparation of management
reports and budget development analysis, reporting and forecasts in line with accepted accounting standards.
The role provides assistance to the Principal Finance Business Partner in order to provide insights and other
analytical support services to a range of programs, projects and stakeholders to support meeting
organisational objectives.

Key accountabilities
 Advise the Principal Finance Business Partner and branches within the Ministry on compliance with
financial controls, budget protocols and reporting requirements and support effective decision making by
analysing and reporting on complex financial information
 Provide “Gatekeeping” role for Branches within the iProcurement Oracle R12 environment while ensuring
compliance with Accounting and Audit Determinations, Treasurers Directives and the NSW Health
Accounting Manual within NSW Ministry of Health are met.
 Assist the Principal Finance Business Partner in the communication and interpretation of results to
the various branches within the Ministry in order to support the branch and other external
stakeholders
 Assist the Principal Finance Business Partner in the preparation and update performance reporting and
monthly forecasting analytical models to support an effective review of business performance and ongoing
forecast processes
 Assist the Principal Finance Business Partner to identify and provide recommendations and implement
changes in financial and procurement systems to ensure desired business outcomes for stakeholders are
achieved

1
 Assist the Principal Finance Business Partner in the preparation of the annual budget to facilitate the
allocation of funding in line with corporate goals and Government objectives
 Assist the Principal Finance Business Partner in providing analytical support services to respond to client
requests and support business case development and decision making
 Assist the Principal Finance Business Partner to manage financial analysis and review and, where
required, the approval of the financial components of business cases, proposals and submissions to
Treasury for funding for operating and major project capital expenditures

Key challenges

 Providing effective budget management assistance in an environment where there is a range of

complexity in the budgets and funding arrangements, resource allocation and protocols
 Communicating and interpreting financial management results to various stakeholders within branches
who have varying degrees of management accounting knowledge.
 Preparing and finalising accurate and detailed budgets, accounts and management reports in a timely
manner to meet internal and external reporting requirements

Key relationships

Who Why
Internal
Key staff and managers within the  Provide and seek information and advice regarding financial activities;
Ministry resolve and clarify issues.
External
Local Health Districts and other Health  Provide and seek information and advice regarding financial activities;
Entities including Pillars resolve and clarify issues.
NSW Treasury  Maintain collaborative relationships, seek and provide advice
on reporting requirements

Role dimensions
Decision making
The decision making required of the role relates to:
 Setting work priorities within agreed parameters and approved work and project plans, organising and
managing own workload and allocation of tasks to staff assisting with projects.
 Providing expertise and working collaboratively with internal and external stakeholders, consulting on
and enlisting commitment to specific strategies.
 Deciding the content of reports, submissions, policies, correspondence, and briefs, which are prepared
in final form and are expected to require only minimal input from the Principal Finance Business
Partner.
 Deciding the content of advice and information provided to Ministry and external stakeholders.
 Managing change, taking ownership for assigned work and issues as they arise, and being proactive in
suggesting new policies, strategies and processes to improve performance or address issues.

Role Description Finance Analyst 2

Decisions which are referred to a supervisor include:
 Any decision that will substantially alter the outcomes or timeframe of a project.
 Major issues or conflicts arising in the course of project and other duties.
 Matters requiring a higher delegated authority such as approval for expenditure and/or travel.
 Matters requiring submission to the Secretary.

Reporting line
Reports to the Principal Finance Business Partner

Direct reports
Nil
Budget/Expenditure
Nil

Essential requirements

 Relevant tertiary qualification in a financial or accounting discipline and/or equivalent

experience
 Experience in management reporting or budget management and control for a complex, decentralized
budget

Capabilities for the role

The NSW Public Sector Capability Framework applies to all NSW public sector employees. The
Capability Framework is available at www.psc.nsw.gov.au/capabilityframework

This role also utilises an occupation specific capability set which contains information from the NSW Public
Sector Finance Professionals Capability Set. The capability set is available at www.psc.nsw.gov.au/sector-
support/capability-framework/access-the-capability-framework/occupation-specific/occupation-specific

Capability summary
The full list of capabilities and the level required for this role are set out below. The focus capabilities appear in
bold. Refer to the next section for further information about the focus capabilities.

Role Description Finance Analyst 3

NSW Public Sector Capability Framework
Capability Group Capability Name Level

Display Resilience and Courage Adept

Act with Integrity Intermediate
Manage Self Intermediate
Value Diversity Foundational
Communicate Effectively Intermediate
Commit to Customer Service Adept
Work Collaboratively Intermediate
Influence and Negotiate Intermediate

Deliver Results Intermediate

Plan and Prioritise Intermediate
Think and Solve Problems Adept
Demonstrate Accountability Intermediate

Finance Adept
Technology Intermediate
Procurement and Contract Management Foundational
Project Management Intermediate

Occupation / profession specific capabilities

Capability Set
Management Accounting Level 2

Focus capabilities
The focus capabilities for the role are the capabilities in which occupants must demonstrate immediate
competence. The behavioural indicators provide examples of the types of behaviours that would be expected
at that level and should be reviewed in conjunction with the role’s key accountabilities.

NSW Public Sector Capability Framework

Group and Capability
Personal Attributes
Display Resilience and
Courage
Level Behavioural Indicators
 Be flexible, show initiative and respond quickly when
Adept situations change
 Give frank and honest feedback/advice
 Listen when ideas are challenged, seek to understand the
nature of the criticism and respond constructively

Role Description Finance Analyst 4

NSW Public Sector Capability Framework
Group and Capability
Relationships
Commit to Customer Service Adept
Relationship
Communicate Effectively
Results
Think and Solve Problems
Business Enablers
Finance
Role Description Finance Analyst
Level Behavioural Indicators
 Raise and work through challenging issues and
seek alternatives
 Keep control of own emotions and stay calm under pressure
and in challenging situations
 Take responsibility for delivering high quality customer-
focused services
 Understand customer perspectives and ensure
responsiveness to their needs
 Identify customer service needs and implement solutions
 Find opportunities to co-operate with internal and
external parties to improve outcomes for customers
 Maintain relationships with key customers in area of expertise
 Connect and collaborate with relevant stakeholders within
the community
Intermediate  Focus on key points and speak in plain English
 Clearly explain and present ideas and arguments
 Listen to others to gain an understanding and ask
appropriate, respectful questions
 Promote the use of inclusive language and assist
others to adjust where necessary
 Monitor own and others’ non-verbal cues and adapt
where necessary
 Write and prepare material that is well structured and
easy to follow
 Communicate routine technical information clearly
 Research and analyse information, identify interrelationships
Adept and make recommendations based on relevant evidence
 Anticipate, identify and address issues and potential
problems and select the most effective solutions from a range
of options
 Participate in and contribute to team/unit initiatives to resolve
common issues or barriers to effectiveness
 Identify and share business process improvements to
enhance effectiveness
Adept  Understand core financial terminology, policies and
processes, and display a knowledge of relevant recurrent
and capital financial measures
 Understand impacts of funding allocations on business
planning and budgets, including value for money, choice
between direct provision and purchase of services, and
financial implications of decisions
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  Understand and apply financial audit, reporting and
compliance obligations
 Identify discrepancies or variances in financial and
budget reports, and take corrective action where
appropriate
 Seek specialist advice and support where required
 Make decisions and prepare business cases paying due
regard to financial considerations

Occupation specific capability set (NSW Public Sector Finance Professionals Capability Set)
Capability Name Level Behavioural Indicators
Management  Recognise and interpret different financial planning and
Level 2
Accounting budgeting techniques and their application within the organisation
 Identify and verify relevant available financial and non-
financial data, both past and projected
 Capture and monitor budget data - reviewing, identifying, analysing
and interrogating variances
 Assist budget managers in determining month end accruals
and prepayments between successive financial periods
 Develop costing models to support activity based funding
requirements and to support program evaluation
 Regularly advise and provide technical management accounting
support for internal clients

Role Description Finance Analyst 6