Executive Level 1
$118,588 to $135,251
ACT, NSW, QLD, SA, VIC
About the Aged Care Quality and Safety Commission
The Aged Care Quality and Safety Commission (the Commission) was formed on 1 January 2019. We work to improve the lives of older people by maintaining the integrity of the aged care system.
As the single independent regulator of Australian Government aged care services, we offer a variety of interesting and challenging jobs across most capital cities.
It is an exciting time to join the Aged Care Quality and Safety Commission, with major reforms underway to improve aged care in Australia. You will be contributing to our role as the national regulator to safeguard and protect older Australians receiving aged care services.
Financial and Prudential Supervision
The Financial and Prudential Supervision section is responsible for monitoring approved providers (provider) financial viability and also monitoring any prudential risks identified in provider's Annual Prudential Compliance Statement (APCS).
The section monitors providers financial viability risk to ensure providers are managing their financial risks in a proportionate manner. The section coordinates the use of third-party resources designed to support provider restructuring and to identify and implement opportunities to improve operational efficiencies that benefit consumers. The section liaises with the Department of Health and Aged Care around referrals of providers that meet the departments criteria for consideration of funding support. They also review and assess provider's APCS to ensure appropriate actions have been taken or where they identify risks and non-compliance, they refer these providers to other areas of the Commission as required.
About the Role
Working closely with the Director, the position will manage the Financial Supervision Teams.
The Financial Supervision Teams are responsible for the delivery of provider engagement and monitoring program which plays an important role in helping to build a more financially resilient aged care sector. This role enables the Commission to better anticipate and manage financial risks that could impact the quality or accessibility of aged care services for older Australians.
The Assistant Director will be responsible for supporting aged care providers to quantify financial viability risks and develop planned actions to mitigate these risks. The Assistant Director will need to review and provide guidance on financial analysis to ensure it is accurate and easy to understand. For more complex providers or urgent requests, the Assistant Director will need to be able to quickly pull together the financial analysis.
Position Duties
Support staff's engagement with approved providers that are exhibiting high financial viability risks including supporting staff with more complex financial analysis and difficult or sensitive conversations.
Educate and guide providers to identify and implement strategies to improve their operational efficiencies, including providing information on grants and program supports or seeking in-depth financial support.
Work collaboratively and negotiate with internal and external stakeholders to find solutions to very complex provider matters and drive continuous improvement initiatives.
Drive quality assurance, through reviewing the team's financial analysis to ensure consistency of decision-making in line with the legislation and the relevant regulatory strategies.
Preparation of budgets, team plans, operational reports, briefings, and group policy to strategically support section and broader Commission objectives.
Support the Director by leading staff through changes (e.g. Regulatory Operating Model) and escalating providers that are considered a high/severe financial risk.
Manage a small geographically dispersed team to build team capability by training, coaching, encouraging career development, managing staff underperformance feedback, and meeting the team's key performance indicators.
Participate and represent the section and the broader compliance group at internal and external working groups, provider meetings and forums as required.
**Position Eligibility Requirements (Selection Criteria)**:
To be successful in this role you will need to demonstrate the following:
Solid track record of success in leading, coaching and developing high performing geographically dispersed teams, to deliver quality outcomes under strict timeframes.
Strong analytical, problem solving and evaluation skills to make well-informed decisions that require interpretation of financial information, legislation and policy.
Highly developed aged care or regulatory financial viability analysis (financial supervision) skills
Demonstrated stakeholder management skills with the ability to build and maintain internal and external relationships including negotiating and influencing on a range of complex matters.
Highly developed written and verbal communication skills.
Demonstrated experience in impleme