DEPUTY CHIEF EXECUTIVE OFFICER JOB & PERSON SPECIFICATION NOVEMBER 2008 JOB SPECIFICATION POSITION TITLE: Deputy Chief Executive Officer REPORTS TO: Chief Executive Officer LOCATION: Brighton EMPLOYMENT STATUS: Contract – three years Organisational environment Minda is one of South Australia’s largest disability service providers. Since 1898 Minda has been providing the highest quality of care and services to people with an intellectual disability. Minda currently provides accommodation, employment and day option services and support to well over 1,000 people with an intellectual disability. Minda is a leader in various fields including staff accreditation, training, and the provision of supported community living for people with an intellectual disability - through the provision of services such as social work, psychology and respite for clients and their families. Minda’s vision is to maximise choice and inclusion for people with intellectual disabilities to achieve their aspirations. Our principal value is RESPECT for the people we work with, for the people we work for and their rights and responsibilities. Responsibility/accountability statement The Deputy Chief Executive Officer is accountable for the provision of expert financial advice to both Minda’s leadership group and Minda’s Board members. In addition, the role is responsible for maintaining a strategic overview of the business, which includes valuation of future opportunities and/or acquisition of commercial business and revenue streams, identifying/developing the potential of the business, streamlining operations and seeking improvements and continually optimising the assets and performance of Minda. This critical role provides support to the CEO on all areas of operations and encompasses the development of corporate strategy and the strategic and operational leadership of Minda’s Corporate Services, which includes Capital and Property Development, Strategic Procurement, Information Services, Finance and Investments and Risk Management. Minda Incorporated Deputy Chief Executive Officer Page 1 JOB SPECIFICATION Key responsibilities The key responsibilities of the role include, but are not limited to :Key result areas 1. Ensures the assessment, acquisition and development of commercial income generating opportunities that are consistent with Minda’s organisational objectives and strategic directions by :- leading and developing financial strategies that ensures the ongoing viability of Minda; overseeing and undertaking complex financial analysis employing contemporary financial techniques to evaluate potential projects and strategies; developing long term income generating strategies which take account of complex policy, financial and corporate drivers; consulting with other Executives to identify opportunities for commercial development of their services or other services that have synergies with Minda’s core business; maintaining a scan of other industries to identify business development or acquisition opportunities that fit with Minda’s strategic directions; providing financial oversight of project and business development; analysing and managing financial business risks and probity issues with high levels of financial ramifications; managing acquisitions, tenders and bids as required; overseeing of organisation supplier contracts. 2. Actively participates in governance, business and strategic planning initiatives and contributes to executive level decision making by :- assisting the CEO with the development of a corporate strategic plan and the development of key business performance indicators for the organisation; overseeing the development, monitoring and reporting of organisational risk management; accountability for the development of long term financial projections and the annual organisational budget; ensuring the development of financial policies and procedures in asset management, facilities planning and investment planning; undertaking and providing strategic advice on market analysis and assessment of financial trends to enable forecasting; initiating and influencing, cross-divisional collaboration regarding financial decision making in a manner which requires a sound level of judgement, responsibility and decision making; Minda Incorporated Deputy Chief Executive Officer Page 2 JOB SPECIFICATION Key result areas (cont.) 3. developing and maintaining consultative frameworks and processes that engage the full range of stakeholders in the development of projects, recommendations and advice; achieves ongoing reduction of operating cost overheads by identifying business reengineering opportunities and by directing the establishment of cost management and performance monitoring systems including identifying appropriate benchmarking opportunities for the organization; oversee procurement processes across the organisation and ensure maximum benefits are realised through aggressive purchasing strategies; Continually benchmark the operations of the corporate service departments with both local and interstate ‘similar operations’. Acts as the Strategic Financial Adviser to the CEO and Board by : providing strategic leadership in negotiations with government and other agencies in regard to the operating budget of the organisation, so that the financial resources available to Minda are maximised to meet organisation objectives; providing strategic leadership in the development of Minda’s operating budget strategy so that client services are maximised; ensuring that the CFO monitors the performance of the budget strategy and providing advice on adjustments to the strategy so that the financial objectives of the organisation are achieved; ensuring capital financial planning and investment management and planning is in support of Minda’s strategic mission and goals; makes recommendations concerning the management of funds; ensuring Minda’s physical and financial assets are utilised to maximise client service provision; ensuring the provision of timely and meaningful financial management reports by the CFO to the Chief Executive Officer and the Board of Minda; interpretation of statistical and accounting information to appraise operating results in terms of costs, budgets, trends and deficiencies; managing financial forecasts, including capital management, and the overall balance sheet risk management within Board set policies and parameters; development of short to long term funding plans for current and future expansion projects, including accessing highly competitive and innovative funding; providing expert advice on the development and use of financial models which contribute to the efficient and effective financial analysis/modelling and management of Minda’s finances, business development and assets; Minda Incorporated Deputy Chief Executive Officer Page 3 JOB SPECIFICATION Key result areas (cont.) 4. providing ethical decision making in the achievement of organisational goals; general oversight of the Company Secretarial functions. Accountability for the provision of strategic and operational leadership to the Corporate Services Division by : providing leadership and contributing to the development, review and continual improvement of the Corporate Services Business Plan and associated strategies and plans; ensuring mechanisms exist to evaluate services in order that they are efficiently and effectively meeting the changing operational requirements of the organisation; providing strategic advice and direction to the Corporate Services Managers and represent them at executive and Board forums; establishing Employee Development Plans (EDP) with Corporate Services Managers and ensure regular EDP processes are in place for all staff; ensuring the effective problem solving procedures are in place to facilitate resolution of any conflict; developing and maintain effective working relationships with Executives of other divisions of Minda. Reporting relationships Positions reporting to the Deputy Chief Executive Officer : Senior Manager Finance Internal Audit/Risk Management Consultant Manager Capital and Property Development Senior Manager IT Procurement Manager Administration Services Coordinator This position involves extensive liaison with the Minda Board, as well as membership of Board sub-committees and other relevant Committees as required. Minda Incorporated Deputy Chief Executive Officer Page 4 JOB SPECIFICATION Special conditions some out of hours work may be required; contractual conditions will apply; current driver’s licence is essential; must be prepared to relocate within the organisation should the need arise; the incumbent will be required to enter into an annual performance agreement for the achievement of outcomes; the incumbent is required to hold a National Police Certificate (NPC) and continued employment is subject to a satisfactory NPC. Minda Incorporated Deputy Chief Executive Officer Page 5 PERSON SPECIFICATION Qualifications tertiary qualifications in relevant field; relevant business qualification; member of relevant professional association. DESIRABLE CHARACTERISTICS Educational/vocational qualifications project management qualification; post graduate qualification in Business/MBA; CA or CPA membership. Personal abilities/aptitude/skills demonstrated ability to resolve conflict to achieve positive outcomes; skilled at monitoring multiple aspects of a business. Experience experience working in the community or not-for-profit sector or a strong understanding of the relevant accountability requirements and constraints. Knowledge knowledge of emerging business trends; understanding of challenges faced by the not-for-profit sector; knowledge of legislative and governance frameworks and an understanding of government reporting requirements. Minda Incorporated Deputy Chief Executive Officer Page 6 PERSON SPECIFICATION Skills and competencies high degree of initiative and self motivation; demonstrated capability to think laterally and creatively and be innovative in finding workable solutions to complex problems; proven ability to gather, organise, evaluate and provide high level analysis of relevant financial and economic data; proven ability to develop and operate complex financial models; ability to evaluate commercial business opportunities and financing structures; ability to develop strategic management and operating principles and objectives to guide decision making; proven ability to liaise effectively, including consultation and negotiation with a range of stakeholders to facilitate their cooperation and support to achieve targeted outcomes; proficient interpersonal skills and possess an ability to build effective working relationships within all levels of the organisation, key clients and other internal and external stakeholders; proven effective commercial negotiation skills; ability to contribute effectively and strategically to a multi-disciplinary professional management team; ability to provide leadership in the development and completion of innovative, creative and high quality project work from development to completion and evaluation; ability to prioritise workload and meet multiple agreed deadlines; proficiency in providing team leadership, direction and support; high personal and business ethics; highly developed computing skills (including spreadsheet capabilities). Experience extensive commercial sector experience in multiple environments; a proven track record in business development and strategic growth; experience in developing contracts/services agreements; practical experience in project management. Minda Incorporated Deputy Chief Executive Officer Page 7 PERSON SPECIFICATION Knowledge developed understanding of human resources issues in a growing organisation environment; high level of knowledge with strategic business planning processes; high level knowledge of the technical principles underpinning project evaluation including financial evaluations and conceptual differences to economic evaluations; knowledge of business evaluation and valuation techniques and commercial financial structures. Note: This position description represents the job as it is today, however Minda reserves the right to make changes to the position as required. Minda Incorporated Deputy Chief Executive Officer Page 8 HOW TO APPLY Applications should be forwarded to Heidi Jones by e-mail to 11168@hender.com.au Telephone enquiries are welcome on (08) 8100 8807 or to Julie Fleet on (08) 8100 8806. Applications close Wednesday 3 December 2008. Please note Your application will be automatically acknowledged by a return e-mail. Minda Incorporated Deputy Chief Executive Officer Page 9