Elements and Performance Criteria
- Interpret and apply complex public sector financial requirements
- Identify public sector financial requirements.
- Interpret and explain public sector financial management compliance framework hierarchy to others in accordance with their needs, to ensure the organisation’s compliance with the framework’s requirements.
- Provide advice regarding interpretation of public sector financial policies and procedures and accounting standards.
- Interpret and provide information on the organisation’s financial controls and accountabilities to management and staff.
- Develop and refine business solutions for the organisation.
- Establish and apply internal financial controls
- Analyse current internal controls for improvement and revise or replace as required.
- Review controls to ensure they include effective delegation levels, lines of responsibility, and associated accountabilities.
- Check controls for consistency with government policy and organisational structure.
- Implement, document and make accessible systems and surrounding control procedures.
- Formulate and maintain financial policy and procedures
- Interpret public sector financial policies and procedures and provide advice on the implications for the organisation’s financial policy and procedures.
- Develop and approve organisational financial policy and procedures.
- Provide input to interdepartmental accounting groups responsible for policy development.
- Develop policies to meet regulatory and legislative requirements and cost-effective best practice.
- Interpret and apply complex public sector financial requirements
- Identify public sector financial requirements.
- Interpret and explain public sector financial management compliance framework hierarchy to others in accordance with their needs, to ensure the organisation’s compliance with the framework’s requirements.
- Provide advice regarding interpretation of public sector financial policies and procedures and accounting standards.
- Interpret and provide information on the organisation’s financial controls and accountabilities to management and staff.
- Develop and refine business solutions for the organisation.
- Establish and apply internal financial controls
- Analyse current internal controls for improvement and revise or replace as required.
- Review controls to ensure they include effective delegation levels, lines of responsibility, and associated accountabilities.
- Check controls for consistency with government policy and organisational structure.
- Implement, document and make accessible systems and surrounding control procedures.
- Formulate and maintain financial policy and procedures
- Interpret public sector financial policies and procedures and provide advice on the implications for the organisation’s financial policy and procedures.
- Develop and approve organisational financial policy and procedures.
- Provide input to interdepartmental accounting groups responsible for policy development.
- Develop policies to meet regulatory and legislative requirements and cost-effective best practice.