Summary
Overview
Work History
Education
Skills
Affiliations
Additionalqualificationsandawards
References
Locations
Professional Highlights
Timeline
Generic

Aleks Zengovski

Sydney,NSW

Summary

I am an experienced senior finance professional with a deep understanding of effective financial management in large scale agencies, most notably in the NSW Department of Education which supports over 130K staff and over 800K students across NSW. My extensive experience includes the provision of strategic advice and support to a large-scale technology directorate comprising 8 functional units and more than 660 employees, and a total recurrent and capital budget exceeding $380M. My role included management of operational budgets and large programs such as Technology for Learning, STEM and Connecting Country Schools. I am known for my excellent stakeholder engagement and the ability to support business units by translating complex financial concepts into customer focused, sustainable financial strategies which support organisational objectives. In doing so, I have consistently taken the approach of partnering with business units to understand their operational environments, challenges and opportunities, and worked with them to support their strategic business plans.

Overview

31
31
years of professional experience

Work History

Financial Business Support

Qantas Airways Pty Ltd
09.2024 - Current
  • Working within the Qantas Group, reporting to the Financial Reporting Director
  • Responsible for month end financial reporting
  • Preparing reports for a wide range of stakeholders
  • Responding to the stakeholders at Qantas Freight for financial reporting and processing activities
  • Undertaking monthly analysis on comparative data
  • Preparing monthly dashboards on budget, actual and forecasting results
  • Periodic stakeholder engagement, where results are distributed and evaluated for future reference

Finance Manager/Business Partner

NSW Department of Education
03.2015 - 06.2024
  • Company Overview: Information Technology Directorate
  • IT Finance Manager, reporting directly to the Chief Information Officer (CIO) with 2 direct reports, and supporting the ITD directorate with over 660 employees in 8 functional areas
  • Responsible for the allocation and management of both the Recurrent and Capital budgets for the division, totalling more than $350M annually
  • This included the provision of key advice to the CIO on capital funding submissions (totalling more than $150M) to support department submissions to the NSW Government Expenditure Review Committee
  • Provided critical strategic advice to the CIO on savings efficiencies (achieved 5% savings efficiencies every year as mandated by NSW Treasury), strategic budgeting and financial risk management
  • Provision of critical advice and input to the department’s $350M Connecting Country Schools Business Case for submission to Expenditure Review Committee
  • Prepared and monitored financial modelling and complex journaling from multiple directorate sources, including analysis of individual technology programs and operating expenses
  • Developed recommendations related to future expenditure to ensure that budgets and performance targets were met
  • Worked closely with the ITD Executive Leadership Team to interpret, analyse and evaluate the directorate’s financial and business performance, ensuring best value for money for the department
  • Led development of annual budgets and long-term financial business plans, identifying opportunities for operational improvement and monitoring
  • Conducted reviews and evaluation of cost-reduction opportunities, presenting concise, well-informed reports to the ITD Leadership team
  • Provided monthly and exception reports to the ITD Leadership Team Meetings to support ongoing financial prudence
  • Supported individual business units in achieving their financial KPIs including savings efficiencies
  • Undertook detailed analysis of department contracts for technology implementation and ongoing maintenance, to establish a comprehensive view of future financial liabilities and potential cost savings
  • Provided advice to business contract owners on market analysis, forecast costings and financial performance management of contracts
  • Critical attendee in department technology governance meetings including ITD Executive Leadership Team monthly meetings and Program Steering Committee meetings
  • Strengthened the department’s collaborative relationship with NSW Treasury
  • Fostered relationships with key internal and external stakeholders ensuring continuous improvement of financial performance
  • Mentored direct reports and business unit managers to lift financial management capability for the directorate
  • Information Technology Directorate

Business Partner

NSW Department of Education and Communities/ TAFE NSW
03.2014 - 03.2015
  • One of two financial managers with 2 direct reports, supporting both the NSW Department of Education and TAFE NSW, statewide
  • Had oversight for all the department’s statutory reporting activities
  • Analysing large volumes of data to transpose into meaningful reporting
  • Liaised with stakeholders, building key relationships with NSW Treasury and NSW Audit Office
  • Prepared Annual Reports for the Technical Education Trust Funds
  • Monitored and reinforced continuous improvement and compliance with internal financial control systems
  • Provided technical subject matter expertise into the development of new Finance Policies and controls
  • Provided advice on financial risk management including constructive challenges to existing risk mitigation strategies, which was well received
  • Provided high quality advice and analysis on funding allocations and relevant business and financial implications
  • Responsible for the preparation of annual financial packages distributed to individual cost centres within both the department and TAFE NSW
  • Responsible for the collection of these packages and provision of quality assurance of the information provided

Statutory Reporting Finance Officer

NSW Department of Education
06.2002 - 03.2014
  • Assisted in preparing Annual Financial Statements for the department and TAFE NSW
  • Prepared periodic reports and statements for NSW Treasury including online NSW Treasury reports
  • Prepared Annual Reports for the Technical Education Trust Funds
  • Monitored and maintained the department and TAFE NSW ledgers for integrity, analysing for variances
  • Worked closely with the NSW Audit Office to provide them with timely and accurate information to facilitate their audit of the department’s Annual Reports
  • Maintained the department’s banking system; acted as the primary point of contact for all matters regarding the banking needs of the department
  • Prepared NSW Treasury fund recoveries for both the department and TAFE NSW
  • Responsible for the preparation of annual financial packages distributed to individual cost centres within both the department and TAFE NSW
  • Responsible for the collection of these packages and provision of quality assurance of the information provided

Sydney Harbour Foreshore Authority
06.2000 - 06.2002
  • Allocating yearly funds to cost centres
  • TOES and Departmental forecasting
  • Providing support to cost centres in respect to budgets
  • Providing periodic management reports
  • Advising senior management on status of forecast and comparisons to actual
  • Verifying all journal before processing
  • Providing assistance and advice regarding budget allocations and capital forecasting against a wide stream of projects

Financial Management Officer

Allianz Insurance
04.1997 - 06.2000
  • Recovery of funds paid out from departmental insurance scheme
  • Established recovery targets and budget constraints
  • Liaised with department Legal Services and with legal representatives of parties under investigation
  • Investigated financial reports and established feasibility in pursuing recovery matters
  • Prepared statistical and performance-based reports
  • Accurate and timely collection and monitoring of revenue and recovered funds
  • Management of 250 repayment schedules and associated files valued at approximately $20M
  • Liaised with receipting, accounts and licensing branches of the department
  • Organised payments of all accounts for the unit

Finance Officer

Department of Consumer Affairs
12.1993 - 09.1997
  • Updated payables ledger to the general ledger
  • Reconciled daily banking and creditors accounts to the creditors’ control ledger
  • Accounts Payable
  • Receipt and dispatch correspondence
  • Matching invoices to purchase orders

Education

Bachelor of Commerce - Accounting

University of Western Sydney
01.1995

Advanced Diploma - Accounting

TAFE NSW
01.1991

Skills

  • Financial Analysis and Projection
  • Data Analysis
  • Advanced computer skills
  • Financial management
  • Variance analysis
  • Advanced financial analysis
  • Budget compliance
  • Preparing budgets
  • Knowledge of ERP (enterprise resource planning) software
  • Cost-benefit analysis
  • General ledger journal entry
  • Forecasting trends
  • GAAP and statutory reporting
  • Microsoft Excel

Affiliations

Vice president of Cornels Point Rovers, also a life member of the club having coached there for over 15 years.

Additionalqualificationsandawards

  • NSW Department of Education Finance Award for work undertaken within the department Trust accounts.
  • NSW Government Reporting Framework; Ernst and Young.
  • National Institute of Accounting membership.

References

  • Brett Ogier, Chief Financial Officer, Australian Museum, 0407 593 484, brettogier@hotmail.com
  • Brian Rose, Former Manager, Statutory Reporting, Department of Education, 0401 807 595, brose@live.com.au
  • Dianne Van Berlo, Executive General Manager, Student Support, Catholic Schools Parramatta Diocese, 0414 848 150, dianne.vanberlo982@gmail.com

Locations

Sydney, NSW

Professional Highlights

  • Successfully managed and maintained the operating and capital budgets for the NSW Department of Education’s IT directorate.
  • Assisted and obtained funding for several large, complex capital funded programs such as Connecting Country Schools.
  • Produced audited financial statements for five trust accounts held within the department.
  • Successfully lodged annual audited financial statements for the department over a period of five years, without qualification or follow-up by Audit.
  • Worked closely with NSW Treasury to reconcile the department ledger with that of Treasury.

Timeline

Financial Business Support

Qantas Airways Pty Ltd
09.2024 - Current

Finance Manager/Business Partner

NSW Department of Education
03.2015 - 06.2024

Business Partner

NSW Department of Education and Communities/ TAFE NSW
03.2014 - 03.2015

Statutory Reporting Finance Officer

NSW Department of Education
06.2002 - 03.2014

Sydney Harbour Foreshore Authority
06.2000 - 06.2002

Financial Management Officer

Allianz Insurance
04.1997 - 06.2000

Finance Officer

Department of Consumer Affairs
12.1993 - 09.1997

Bachelor of Commerce - Accounting

University of Western Sydney

Advanced Diploma - Accounting

TAFE NSW

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Aleks Zengovski