Luke Phelan
Moonee Ponds,VIC
Summary
Results-driven professional with solid foundation in business management. Known for effectively working with stakeholders to achieve business objectives. Emphasizes team collaboration and adaptability to changing business needs. Skilled in strategic planning and project management, with reliable and flexible approach.
Overview
21
21
years of professional experience
Work History
Business Manager
The Royal Melbourne Hospital
02.2023 - Current
- Provided expert guidance to executive leadership on financial matters, supporting informed decision-making and long-term planning.
- Managed Surgical Services portfolio with ~ $300m in expenditure and 1200 FTE.
- Stakeholder engagement with Surgical Heads of Unit, Director of Nursing and Operations, General Manager and Cheif Operating Officer.
Senior Finance Business Partner
The Royal Children’s Hospital, Melbourne
06.2019 - 01.2023
- Key Achievements:
- Developed from Corporate Services Management Accountant to new divisions of Medicine and Critical Care.
- Developed excellent working relationships with all Head’s of Department and Executive Directors.
- Key Accountabilities:
- Divisional Budget preparation, engaging with managers to understand key assumptions
- Participate in the identification, implementation and measurement of budget strategies including savings
- Develop robust forecasts to ensure management actions are aligned to plans and targets.
- Provide timely financial and business management insights to the assigned divisions/departments and Executive Director on financial, budgetary, costing and other general accounting and business matters
- Complete the monthly performance reports for the allocated Division which includes workforce analysis, financial performance, activity/access performance and projects updates
- Provide strong financial stewardship by ensuring all appropriate month end transactions are recorded accurately and timely for the portfolio
- Lead assigned departmental business cases and development projects by providing financial analysis, costing support and critically reviewing deliverable benefits
- Critically review all recruitment requests by your designated division/departments
- Review RCH Foundation application for funding
- Collaborated with cross-functional teams to develop strategic plans, aligning financial goals with overall business objectives.
Management Accountant (Contract)
Health Purchasing Victoria, Melbourne
10.2018 - 06.2019
- Key Achievements:
- Developed reporting pack for the Financial Benefits associated with procurement outcomes
- Developed financial viability template for tender processes
- Key Accountabilities:
- Leading regular meetings with relevant directors and managers to understand their reporting requirements for both internal and external stakeholders
- Preparation of organisational performance reporting
- Complete month end processing and reporting, including completion of analysis to support the presentation of financial results
- Manage internal and external audits
Senior Management Accountant
Programmed, Melbourne
09.2016 - 09.2018
- Key Achievements:
- Developed from Management Accountant to Senior Management Accountant with two direct reports
- Streamlined month end process for Thomas and Coffey Division and reduced the month end process by 2 days
- Developed excellent working relationships with Regional Managers
- Developed reporting to reduce WIP and improve oversight into unbilled jobs
- Key Accountabilities:
- Management Accountant for Eastern Region Maintenance division (turnover $120m)
- Development and implementation of “Expense8” credit card system
- Management of statutory audits
- Preparation of monthly management reports and presentations for managers
- Budgeting and forecasting for NSW and QLD (approx. $120m turnover)
- Preparation of Fringe Benefits Tax Returns (approx. 500 employees)
- Preparation of Work Cover submissions and portable Long Service Leave payments
Management Accountant
Townsville City Council, Townsville
03.2015 - 09.2016
- Key Achievements:
- Developed budget for all of council owned property (over 100 buildings and sites) which ultimately gets approved by council
- Key Accountabilities:
- Financial reporting for council owned property
- Variance analysis and reporting for operational and capital projects
- Month end accruals and accounting
- Supporting divisional manager with all financial matters
- Preparation of property budget and quarterly forecasts
Financial Analyst
Pearson, London
07.2014 - 02.2015
- Key Achievements:
- Assisted Financial Controller with converting statutory accounts from UK GAAP to IFRS
- Prepared statutory accounts for UK controlled entities within the Education division
- Key Accountabilities:
- Provided reports, presentations and ad-hoc analysis including annual operating plan budgets, monthly cash forecasts, inventory analysis and profitability forecasts
- Produced financial reports evaluating completed projects, identifying current trends and evaluating variances
- Compiled data to generate financial statements including cash flow, P&L, and balance sheet for review by management
Development Analyst
Grosvenor Britain and Ireland, London
02.2013 - 07.2014
- Key Achievements:
- Worked in a very fast paced environment with high volume data due to poor system performance
- Improved reporting across different property portfolios where detail was not previously provided
- Key Accountabilities:
- Business partnering with Development Managers, Location Directors and Asset Managers
- Processing of prepayments, accruals and month end allocation of costs and revenues
- Completing various balance sheet reconciliations and performing variance analysis
- Assist with the audit process, including year-end adjustments
- Joint Venture accounting, reporting, budgeting and forecasting
Management Accountant (Contract)
Stockland, Brisbane
03.2012 - 02.2013
- Key Achievements:
- Transitioned Brisbane based finance function to Sydney
- Streamlined Joint Venture Accounting processes
- Key Accountabilities:
- Joint Venture Accounting & Management reporting
- Budget management and uploading of Project budgets
- Financial Accounting and forecasting for QLD Companies
- Balance Sheet control and review
- Forecasting and analysis on capital expenditure
- Managing and reporting on marketing budget
- Preparation of internal forecasting reports
Company Accountant
Challenge National Group, Townsville / Brisbane
09.2009 - 03.2012
- Key Achievements:
- Developed additional skills in HR, office management for a company experiencing rapid growth
- Worked continuously on better cash flow management to fund growth
- Key Accountabilities:
- Reporting to Directors, Challenge National Group
- Financial Management of entire group, including several business units
- Cash flow Forecasting
- Budgeting and analysis
- Preparation of Business Activity Statements
- Preparation of Research and Development offset applications
- Preparation of monthly financial reports (Profit & Loss, Balance Sheet, Cash flow)
Tax and Business Services Accountant
Crowe Horwath Australia & Various, Townsville
07.2004 - 09.2009
- Overview:
- Developed from Trainee Accountant after leaving High School to Part-Qualified Tax Accountant
- Prepared corporate, trust, partnership, superannuation and complex individual returns
- Account reconciliation and analysis including management of all aspects of the general ledger associated with tax compliance
- Analysis of financial statements and client documentation in determining appropriate tax treatment
Education
Graduate Diploma - Psychology
Monash University
01.2021
Graduate Diploma of Chartered Accounting (CA) - undefined
Member of the Institute of Chartered Accountants in Australia and New Zealand
01.2012
Bachelor of Commerce - Accounting
James Cook University
01.2006
Skills
- ERP / General Ledger
- SAP
- Job Pac
- Oracle
- Navision
- Agresso
- Technology One
- MYOB/QuickBooks/Xero
- Budgeting & Forecasting Tools
- Cognos / TM1
- Magiq / Power Budget
- Various purpose-built software
- Office Software
- Microsoft Excel (Advanced)
- Microsoft Word
- Microsoft PowerPoint
- Adobe Acrobat Reader
- Project management
Areas of expertise
- Financial Analysis
- Management reporting requirements
- Profit and Loss analysis and commentary
- Business Partnering
- Month End Procedures
- Employee Benefits
- Budgets and Forecasts
- Financial Accounting
Timeline
Business Manager
The Royal Melbourne Hospital
02.2023 - Current
Senior Finance Business Partner
The Royal Children’s Hospital, Melbourne
06.2019 - 01.2023
Management Accountant (Contract)
Health Purchasing Victoria, Melbourne
10.2018 - 06.2019
Senior Management Accountant
Programmed, Melbourne
09.2016 - 09.2018
Management Accountant
Townsville City Council, Townsville
03.2015 - 09.2016
Financial Analyst
Pearson, London
07.2014 - 02.2015
Development Analyst
Grosvenor Britain and Ireland, London
02.2013 - 07.2014
Management Accountant (Contract)
Stockland, Brisbane
03.2012 - 02.2013
Company Accountant
Challenge National Group, Townsville / Brisbane
09.2009 - 03.2012
Tax and Business Services Accountant
Crowe Horwath Australia & Various, Townsville
07.2004 - 09.2009
Graduate Diploma of Chartered Accounting (CA) - undefined
Member of the Institute of Chartered Accountants in Australia and New Zealand
Bachelor of Commerce - Accounting
James Cook University
Graduate Diploma - Psychology
Monash University
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