Ptv Finance Jobs - Managing Finances

PTV, or Public Transport Victoria, is responsible for planning, coordinating and managing Victoria’s public transport network. While PTV primarily focuses on operational and strategic aspects of transport, a functioning finance department is crucial for managing its substantial budget and ensuring financial accountability. Consequently, numerous finance-related job opportunities exist within the organization.

Roles within PTV finance span a wide range of responsibilities and experience levels. Entry-level positions might include Finance Officer or Accounts Payable/Receivable Officer. These roles typically involve processing invoices, managing payments, reconciling accounts, and providing administrative support to senior finance staff. A degree or diploma in accounting or a related field is often required, along with strong attention to detail and proficiency in accounting software like SAP or Oracle.

Mid-level positions often include roles like Management Accountant or Financial Analyst. Management Accountants are responsible for preparing budgets, forecasting financial performance, analysing variances, and providing financial advice to different departments within PTV. Financial Analysts focus on analysing financial data, developing financial models, and providing recommendations to improve efficiency and profitability. These positions usually require a bachelor’s degree in accounting or finance, coupled with several years of relevant experience and strong analytical and problem-solving skills. Professional certifications like CPA or CA are often highly regarded.

Senior finance roles within PTV can include Finance Manager, Senior Financial Analyst, or Head of Finance for specific projects or business units. These positions require extensive experience in finance, strong leadership skills, and a deep understanding of financial principles and regulations. Responsibilities include managing a team of finance professionals, overseeing financial reporting, developing and implementing financial strategies, and ensuring compliance with relevant legislation. Master’s degrees in finance or business administration are often preferred for these senior leadership roles.

Specific skills that are highly valued in PTV finance roles include:

Strong accounting knowledge: A thorough understanding of accounting principles, standards, and practices is essential.
Financial analysis and modelling: The ability to analyse financial data, develop financial models, and interpret results is crucial for making informed decisions.
Budgeting and forecasting: Experience in preparing budgets, forecasting financial performance, and managing variances is highly valued.
Communication and interpersonal skills: The ability to communicate financial information effectively to both finance and non-finance professionals is vital.
Proficiency in accounting software: Experience with accounting software like SAP, Oracle, or other enterprise resource planning (ERP) systems is often required.
Compliance and risk management: Understanding of financial regulations, compliance requirements, and risk management principles is essential.

Working in finance at PTV offers the opportunity to contribute to the effective management of Victoria’s public transport system. The roles often provide exposure to complex financial challenges and opportunities for professional growth and development within a large and important public sector organization.