Associate Skill Base Profile
Financial Management Associate
Planning, controlling, and reporting on council financial resources.
Our Financial Management Associates provide comprehensive financial leadership, from statutory reporting and audits to strategic budgeting, forecasting, and long-term planning.
End-to-End Financial Management & Compliance – Expertise in statutory reporting, external audits, regulatory compliance, and producing AASB-compliant financial statements, ensuring councils meet legislative and stakeholder accountability requirements.
Strategic Budgeting, Forecasting & Financial Analysis – Development of annual budgets, long-term financial plans, and scenario modelling, supported by detailed variance analysis, costings, and performance dashboards to inform decision-making.
Asset, Rates & Revenue Expertise – Skilled in asset valuation, depreciation, and revaluations; rates modelling and strategy; and integrating valuation data into financial reporting and audits.
Grant, Procurement & Contract Financial Oversight – Management of grant funding compliance and reporting, contract financial performance monitoring, procurement risk management, and payment process controls.
Systems Implementation & Process Optimisation – Proven experience implementing and optimising finance systems (e.g. TechnologyOne, Civica) and conducting process mapping to improve efficiency and transparency.
Core Capabilities
Our Associates deliver hands-on expertise across every aspect of asset management – from high-level strategy to technical data analysis, ensuring confidence and compliance at every stage.
Financial Accounting
Statutory reporting, compliance and external accountability
- Financial Reporting and Compliance
- Preparing annual financial statements (AASB compliant)
- Coordinating external audits and liaising with auditors
- Producing statutory reports for regulators and stakeholders
- Ensuring adherence to accounting standards and legislative requirements
- Asset valuation and depreciation reporting
Rates and Revenue
- Rates calculation (state-specific, e.g. VIC, NSW)
- Preparation and review of rating strategy
- Rates Modelling and Forecasting
Asset Valuation and Depreciation
- Conducting formal asset revaluations
- Accounting for depreciation and amortisation
- Integrating valuation data into statutory reports and audits
Grants and Funding Management
- Managing financial reporting for grants to meet funding requirements
- Compliance with grant conditions and audit processes
Management Accounting
Internal decision support, planning, control and performance management
- Budgeting and Forecasting
- Preparing annual budgets aligned with council goals and long term financial planning (LTFP)
- Developing long-term financial forecasts and scenario planning
- Year-end financial statement preparation and audit liaison
- Monitoring and reporting on budget variances throughout the year
- Coordinating with departments for budget submissions
Financial Analysis and Reporting
- Generating internal management reports and dashboards
- Cost analysis, service costings, and performance measurement
- Cash flow management and working capital optimisation
Procurement and Contract Financial Oversight
- Monitoring financial performance of contracts against budgets
- Managing procurement-related financial risks
- Supporting contract payment processes and budget controls
Financial Risk Management
- Identifying and managing financial risks impacting operational performance
- Scenario and sensitivity analysis for planning
Financial System Implementations
- Implementation and optimisation of finance systems (TechnologyOne, Civica)
- Process mapping and efficiency reviews
Value Delivered
CT Management Group Associates embed stronger systems, smarter processes, and sustainable practices that transform financial management into a driver of long-term stability.
Transparency & Accountability
Clear reporting builds confidence with auditors, regulators, and communities.
Financial Sustainability
Long-term planning balances service delivery with affordability.
Operational Efficiency
Streamlined processes reduce duplication and improve compliance.
Informed Decision-Making
Scenario modelling and dashboards provide real-time insight.
Capability Uplift
Associates strengthen internal systems and leave lasting frameworks
Ready to Strengthen Your Financial Management Capability?
Whether you need interim CFO-level leadership, system implementation expertise, or year-end audit support, CT Management Group can connect you with Associates who deliver the financial discipline, compliance, and foresight your organisation requires.
People interested in this solution were also interested in:
Financial Sustainability Assessment
Comprehensive assessment of council financial sustainability, integrating asset, capital works, and long-term financial planning to drive resilient, evidence-based decisions.
Find Out More
Sustainable Council Program
Comprehensive framework integrating service, asset, and financial management to assess council capacity, compliance, and long-term sustainability.
Find Out More
Annual Financial Ratios Benchmarking Data Pack
CT Management Group’s Annual Financial Ratios Benchmarking Data Pack (Victoria) provides 80+ ratios with 10-year history, enabling councils to assess, compare, and improve financial performance.
Find Out More