Elements and Performance Criteria
- Contribute to financial bids and estimates
- Organisational initiatives requiring the preparation of bids and estimates are identified in accordance with resource constraint s and organisational needs
- Information for bids/estimates is substantiated, contains logical assumptions and takes account of strategic plans, government policies and priorities
- Information for bids/estimates is prepared in accordance with government budgetary requirements including a timeframe to meet critical submission dates
- Documentation to support bids/estimates is prepared in accordance with budget guidelines
- Allocate funds
- Budgets are approved and financial resources are allocated according to organisational priorities/business plan
- Allocations are made in accordance with organisational policy and procedures and take account of any statutory requirements or constraints
- Audit trails are maintained to ensure accurate tracking and to identify variances between agreed and actual allocations
- Financial allocation is monitored against organisational objectives and priorities and corrective action is taken as required in accordance with organisational policy and procedures
- Manage budgets
- Budget management is undertaken that meets the financial accountability requirements of the organisation
- Expenses are monitored against budget and authorised in accordance with financial delegation and organisational financial controls
- Financial reports are obtained and provided in accordance with organisational requirements
- Expenses are monitored through analysis of financial information/reports and problems are resolved or referred in accordance with organisational procedures and financial delegation
- Expenditure is aligned with service delivery milestones/expectations
- Changes to the budget are negotiated to account for potential under-spending, delays in service/program delivery, overruns and unneeded line items in accordance with organisational policy and procedures
- Report on financial activities
- Contribute to financial bids and estimates
- Organisational initiatives requiring the preparation of bids and estimates are identified in accordance with resource constraint s and organisational needs.
- Information for bids/estimates is substantiated, contains logical assumptions and takes account of strategic plans, government policies and priorities.
- Information for bids/estimates is prepared in accordance with government budgetary requirements including a timeframe to meet critical submission dates.
- Documentation to support bids/estimates is prepared in accordance with budget guidelines.
- Allocate funds
- Budgets are approved and financial resources are allocated according to organisational priorities/business plan.
- Allocations are made in accordance with organisational policy and procedures and take account of any statutory requirements or constraints.
- Audit trails are maintained to ensure accurate tracking and to identify variances between agreed and actual allocations.
- Financial allocation is monitored against organisational objectives and priorities and corrective action is taken as required in accordance with organisational policy and procedures.
- Manage budgets
- Budget management is undertaken that meets the financial accountability requirements of the organisation.
- Expenses are monitored against budget and authorised in accordance with financial delegation and organisational financial controls.
- Financial reports are obtained and provided in accordance with organisational requirements.
- Expenses are monitored through analysis of financial information/reports and problems are resolved or referred in accordance with organisational procedures and financial delegation.
- Expenditure is aligned with service delivery milestones/expectations.
- Changes to the budget are negotiated to account for potential under-spending, delays in service/program delivery, overruns and unneeded line items in accordance with organisational policy and procedures.
- Report on financial activities