Organisation : Federation Enterprises
Location : Melbourne (Melbourne)
Work type : Part-time
Sector : Indigenous
Salary type : Other
Application closing date : 5 Nov, 2021
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.
Federation Enterprises has been to establish joint venture companies with at least 51% ownership, particularly with a view to leveraging government procurement opportunities. The joint venture companies were started with nominal capital from Federations Enterprises by partnering with ‘capacity partners’. The active joint venture is currently:
• Barpa Pty Ltd – with ICON Construction (established in June 2014)
The underpinning vision and values of the Federation, as the sole shareholder, are carried through the
appointment of directors and expectations set as part of the group of companies that is ultimately
responsible to the Federation’s members.
Federation Enterprises has been established among other things as a way to support the Federation by
enabling:
• Enhanced income generation and reduced risk profile and mitigation of conflict of interest
• A greater degree of direct control and oversight of investments
• Furthering economic and business opportunities
• Greater focus on managing business interests
About the role
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
Directors are expected to:
- 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: Director Federation Enterprises via Pro Bono Australia.
Sector: #Indigenous
