Explore Career Opportunities at NSW Treasury: Shaping the Future of NSW 🌏💼
If you're considering a career at NSW Treasury, you're choosing to be at the heart of one of the most influential departments in the state. NSW Treasury plays a crucial role in managing the finances of New South Wales, ensuring the state’s economic stability and growth. Whether you're just starting out in your career or are an experienced professional seeking new opportunities, NSW Treasury offers dynamic and impactful roles.
AT-A-GLANCE:
Name of Department: NSW Treasury
Location: New South Wales, Australia
CEO: Michael Coutts-Trotter
Total Revenue: $141,626,000 (2024)
Total Number of Employees: 1,328 employees (as of June 2024)
DID YOU KNOW?
In 2024, NSW Treasury achieved a remarkable 5-star energy rating across its facilities, surpassing government expectations on energy efficiency. 🌱 This commitment not only demonstrates sustainability but also highlights Treasury's innovative approach to environmental and operational efficiency.
THE QUALIFICATIONS, CERTIFICATIONS, TRADES, PROFESSIONS, WORK EXPERIENCES & SKILLS MOST SUITED TO NSW TREASURY
Top 5 Academic Qualifications Most Suited:
Certificate IV in Financial Services: Essential for roles involving financial oversight and support in government agencies.
Bachelor’s in Economics: Highly valued for its application in fiscal policy, budgeting, and economic strategy roles.
Master’s in Public Policy: Perfect for individuals interested in shaping policy and contributing to state-wide strategic planning.
Bachelor of Commerce: Important for financial management, analysis, and accounting within government bodies.
PhD in Finance or Economics: A strong asset for research-driven roles or higher-level policy analysis positions in Treasury.
Top 5 Certifications Most Suited:
Certified Public Accountant (CPA): Enhances qualifications for financial reporting and accountability.
Chartered Financial Analyst (CFA): Ideal for high-level roles in investment analysis and fiscal management.
Master of Public Policy Certification: Valuable for individuals looking to influence government fiscal policies.
Project Management Professional (PMP): Suitable for Treasury’s large-scale infrastructure projects, including financial management and strategic planning.
Financial Risk Manager (FRM): Relevant for roles focused on risk management and financial oversight at the state level.
Top 5 Trades/Professions Most Suited:
Financial Analyst: Key for roles involving budgeting, forecasting, and financial reporting within the public sector.
Policy Advisor: Essential for contributing to state policies and regulations based on financial data.
Public Sector Accountant: Helps ensure that financial transactions align with government standards and regulations.
Project Manager (Public Sector): Oversees state-sponsored projects, ensuring they stay within budget and meet deadlines.
Legal Professional: Supporting the Treasury in legislative and compliance roles, particularly related to economic regulations and public financial policies.
Top 5 Skills Most Suited:
Analytical Thinking: Critical for interpreting complex financial data to inform policy decisions.
Project Management Skills: Vital for overseeing large-scale infrastructure projects and financial operations.
Financial Reporting Expertise: Ensures financial activities meet statutory requirements and are transparent.
Risk Management Skills: Important for identifying and managing financial risks impacting the state's economy.
Stakeholder Engagement: Key for communicating Treasury’s strategies effectively to government bodies, businesses, and the public.
Top 5 Work Experiences Most Suited:
Experience in Government Financial Operations: Knowledge of public sector budgeting and revenue generation is crucial for adapting to Treasury’s needs.
Experience in Economic Research: Conducting studies on economic trends and financial markets to support policy-making.
Project Management in Government: Leading teams on public sector projects, ensuring timely completion within budget.
Public Sector Policy Implementation: Applying government policies in real-world situations is valuable for any role at NSW Treasury.
Experience in Corporate Governance or Legal Compliance: Helps maintain transparency and compliance in financial management.
THE KEY FACTS
Year Founded: 1786
Main Mission and Purpose: NSW Treasury manages the finances of New South Wales, overseeing fiscal and economic policies that impact the state’s residents. Its primary responsibilities include revenue generation, budgetary controls, investment management, and ensuring the state’s financial sustainability.
Main Duties of the Organisation:
Managing the state’s budget and economic performance.
Developing policies for sustainable economic growth.
Implementing strategies to enhance state revenue and public service efficiency.
Overseeing investments in infrastructure to benefit the state's economy.
Key Projects, Strategic Priorities, and Future Plans:
NSW Treasury supports various major projects, including renewable energy initiatives under the Energy Infrastructure Investment Act. The department plays a key role in ensuring the financial sustainability of the state through effective planning and policy development.
THE EMPLOYEES & REVENUE
Total Number of Employees: 1,328
Salary Bands & Revenue:
Salary ranges vary by position, with senior executives earning between $240,000 and $600,000.
Total Revenue for 2024: $141.6 million.
GETTING A JOB AT NSW TREASURY
Academic Subjects Likely to Be Most Sought After:
Certificate / Diploma Level: Financial services, accounting, public administration diplomas.
Bachelor / Master Level: Economics, finance, public policy, and business administration.
PhDs: Economics, finance, public policy-focused research.
Trades and Professions of Value to NSW Treasury:
Financial Analysts, Policy Advisors, and Project Managers are key to the department's success.
Key Skills:
Soft Skills: Communication, leadership, and analytical skills.
Technical Skills: Financial modeling, risk management, and strategic project management.
General Skills: Stakeholder engagement, strategic planning, and operational oversight.
Hobbies and Interests:
Environmental Sustainability and Public Policy align well with the department's long-term goals for sustainable economic growth.
Want More Information on NSW Treasury?
Contact:
Human Resources / Recruitment Team
Phone: (02) 9228 4949
Website: NSW Treasury Careers Page
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DISCLAIMER:
The information provided in this article is for informational purposes only and is based on publicly available information, including annual reports. While we strive to provide accurate and up-to-date information, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability with respect to the information on this article. Any reliance you place on such information is therefore strictly at your own risk. In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this article.


