Woolworths

• 15 month fixed-term, full time opportunity in the Group Treasury team 
• Gain broad exposure by engaging with a range of stakeholders, including internally Finance, Safety & Workers Compensation (WC) and Public Liability (PL) claims teams, as well as externally actuaries, auditors, broker and the 3rd party workers compensation claims administrator
• Hands-on role working collaboratively with the business and our service partners to deliver Group Treasury’s advice and service to a high standard

We are Woolworths Group

We are Woolworths Group. 200,000+ bright minds, passionate hearts and unique perspectives connected by a shared Purpose – ‘to create better experiences together for a better tomorrow.’ It’s that Purpose that fuels our ambition to explore new ideas, make brave commitments and innovate better ways to meet the food and everyday needs of more than 24 million customers every week. 

If you’re excited to turn today’s blue sky thinking into a better tomorrow for future generations, you’ll find yourself supported and enriched in a dynamic, inclusive and empowering workplace that reflects the diverse communities we serve. With a culture of genuine care, a flexible approach to work and opportunities across the group to grow your career and make a meaningful impact, the possibilities for what we can achieve together are endless.

Welcome to the Finance Team 

As one of the largest Finance functions in Corporate Australia we provide opportunities across Corporate Finance, Shared Services, Commercial Finance, Capital Management, Financial Control, Operations Finance, Project Finance, M&A and Strategy and Planning.

We operate in a fast paced, nimble environment with professionals who work collaboratively to achieve market leading outcomes. Our point of difference is that we are part of Australia’s largest retailer allowing us to provide unparalleled career opportunities. The Woolworths Group Finance team is positioned to support change and continuous improvement across the business whilst continually focussing on providing excellent customer experiences to key stakeholders.

We believe that the Woolworths Finance team is a high performing, innovative and diverse team across Australia and New Zealand, and is an amazing place to advance your career. 

The Opportunity

An opportunity for a 15 month secondment has arisen in the Group Treasury team reporting to our Assistant Treasurer. Based out of our Norwest, Sydney offices with flexible working on offer. 

What you’ll do

• Development of accurate self-insurance budgets, forecasts and BU allocations, ensuring adequate provisioning and managing financial surprises 
• Manage the Group’s self-insurance P&L and provisions, including the monthly close process, forecasting, assessment of overs/unders per BU against actuarial requirements and ledger forecasts, working closely with the FSS and BU finance teams, and monthly reporting to the CFO, all-functions Tribe etc
• Day-to-day management of the quarterly, half-yearly and full year actuarial valuation of the Group’s WC and PL liabilities with the external actuaries, WC third-party claims administrator and internal stakeholders including project management, analysis of data, reporting and presenting of results to various stakeholders 
• Preparation of the half yearly and annual provision recommendations to the Board and financial reporting requirements, day-to-day management of the half yearly audit process, as well as management of annual WC and PL policy renewals and annual information lodgement with the WC regulators  
• Contribute to the governance of the Group’s claims management functions across WC and PL by providing and presenting insights on key metrics, portfolio performance and impact on the actuarial valuation
• Support the management of self-insurance implications of acquisitions and divestments 
• Contribute to Group Treasury initiatives such as continuous process improvements, administrative tasks on the banking platforms and Treasury systems

What you’ll bring

• Relevant tertiary qualifications in accounting, finance or related field
• Significant experience in workers’ compensation or public liability for an ASX listed company, broker, insurance or actuarial firm, including in relation to outstanding claims liability valuation, provisioning and continuous disclosure obligations would be desirable but not essential.
• Proven ability to manage diverse stakeholders and exert influence to deliver on commitments, including senior management, external service providers and business units 
• Proven experience in leading and supporting decision-making in a complex and rapidly evolving business environment
• Ability to turn insights into action and drive process efficiencies
• Strong communication and presentation skills (written and verbal)

What you’ll experience

• A commitment to flexibility through a hybrid working model which combines time spent at a support office or hub and time working from home, supporting both in-person connection and balancing the flexibility that remote working provides for our teams.
• A global business with endless career possibilities around every corner and across every discipline – with valuable exposure to a vast and exciting business network.
• Team discounts across our range of Woolworths Group brands you know and love and a robust rewards program that celebrates and incentivises purpose-driven work.

Everyone belongs at Woolworths Group

Diversity, equity, inclusion, and belonging are key to realising our purpose of better together for a better tomorrow. We recognise the value our team’s diversity brings to our business, customers, and communities and that teams with diverse experiences and backgrounds enrich our group and are better able to innovate and solve problems. As one of the largest employers in Australia and New Zealand, we aim to create a truly inclusive workplace where everyone feels that they belong, can be their best selves, and reach their full potential.

We encourage all candidates to apply; please let us know in your application if we can support you with any adjustments in the hiring process.

Our Talent Acquisition Team and Hiring Leaders kindly request no unsolicited resumes or approaches from Recruitment Agencies. Woolworths Group is not responsible for any fees related to unsolicited resumes.