EOFY (or SOFY – start of financial year)

Our National Finance Director, Nicki Fraser, shares her EOFY reflection:

As we have closed out another financial year, I’m pleased to take the opportunity to reflect and look forward. Once again, our industry is navigating a few key factors which I consider providing both new risks, and opportunities. The continuation of fluctuating and challenging economic trends along with regulatory changes and fast technological advancements provide consideration, require strategic thinking and creative problem solving. All of which both our technical team and functional business teams do on a daily basis.

In BSE’s post pandemic recovery, injection of government infrastructure packages into the economy are an aspect I see as a positive. Across transportation, healthcare and education sectors, this investment providing a robust pipeline of opportunities for our business and interesting problems for our team to solve.

Continually advancing technology across hardware and software enables our teams to embrace our continual improvement mindset and refine our processes and deliver outstanding project outcomes. Building Information Modelling and Virtual Reality allow our teams to enhance project planning and design accuracy in our offices, while scanning and interactive technologies create efficiencies for our teams on site for improved outcomes.

How we allocate our talented team members to projects, balancing limited available resources and high commitments, continues to be a challenge for BSE and the wider industry. We are always looking for great candidates to join our ever-growing team. This last year saw us grow to over 90 team members and celebrate 3 of our key team members as they rolled over their 10 years with BSE.

As we launch into FY25 BSE continue to adapt to changing tax implications and legal requirements along with regulatory changes, which allows us to sustain a fluid and effective risk management approach to achieve long term success for our team members and continued partnerships with our clients.