Organisation : Federation Enterprises
Location : Melbourne
Work type : Various
Sector : Community Development, Indigenous, Other
Salary type : Other
Application closing date : 30 Jun, 2020
About the organisation
Federation Enterprises Pty Ltd was established in 2013 as a for-profit wholly-owned subsidiary of the Federation of Victorian Traditional Owner Corporations (FVTOC). We have already established two joint venture companies with leading businesses to enhance opportunities for our people. In addition to creating jobs for our people, the dividends are reinvested back into cultural strengthening projects, furthering efforts for self-determination for Traditional Owners.
About the role
Objectives
FVTOC is the sole member and shareholder of Federation Enterprises and appoints the board and sets the overarching expectations for the Company.
Federation Enterprises has been established among other things as a way to support FVTOC by enabling:
A greater degree of direct control and oversight of investments
Furthering economic and business opportunities
Greater focus on managing business interests
Enhanced income generation and reduced risk profile and mitigation of conflict of interest
Federation Enterprises is intended to maintain an investment perspective, including in relation to:
Performance and risk management
Outcomes and effectiveness
Values and standards
Benefits from partnerships to the Federation and its members directly or indirectly from industry participation.
Board of directors
The role of Federation Enterprises’ board of directors is to provide governance and strategic leadership to the organisation. This includes:
Maintaining oversight of and growing the capital and income generated from its investments
Developing new opportunities that enhance and benefit Federation, its members and Traditional Owners more broadly
Directing, controlling and managing the interests of the company; leading and managing risk and investment due diligence
Building shareholder relationships with joint venture partners and broader business and industry
Ensuring the interests, integrity and reputation of the parent company and group are maintained through strong accountability, reporting and communication.
The board of directors generally meet a minimum of four times per year. Board members are generally appointed for a period of two years, or as determined by Federation.
Expectations of directors are as follows:
Have the appropriate skills, knowledge and attributes for the position
Prepare for, attend and actively participate in board meetings
Utilise their skills, experience and knowledge to contribute to Federation Enterprises’ success
Adhere to Federation Enterprises policies and procedures, and strengthen its governance
Become familiar with Federation Enterprises strategies, investments, resources and finances
Build relationships across government, business and finance sectors
How to apply
Applications not allowed for this job listing.
Please quote in application: FEDERATION ENTERPRISES PTY LTD DIRECTORS via Pro Bono Australia.
Sector: #Community_Development, #Indigenous, #Other