Financial Planning and Budget Management
Support, coordinate and monitor the creation of expenditure plans of the ministry/department in accordance with its objectives and in adherence to the budget allocation and rules laid down by the Ministry of Finance
Type
Functional
Competency Area
Public Financial Management
Levels
Supports the creation of financial planning documents and compliance associated with budgetary allocation to the Ministry/Department
Demonstrates knowledge of financial planning process followed in the ministry/department as headed by the Financial Adviser or equivalent officer
Understands the structure of the budget allocated to the ministry/department as well as the obligations that accompany this allocation
Maintains departmental accounts in accordance with Chapter 4 of the General Financial Rules 2017
Comprehends various guidelines issued by the Ministry of Finance such as Cash Management Guidelines and prepares documents in adherence to the same
Supports reporting of progress/performance of projects and other continuing schemes of the ministry/department
Coordinates the creation of financial plans for each division/wing of the ministry/department as well as guidelines for adherence to the ministry/department's budget
Leads creation of documents with details of expenditure made by various divisions and wings of the ministry/department against sanctioned grants
Ensures timely and regular submission of prescribed statements, reports and returns to the Ministry of Finance
Oversees release of budgeted amounts for various schemes and programs of the ministry/department
Ensures compliance with the progressive budgeting measures such as gender budgeting, green budgeting etc.
Monitors the financial planning process to ensure alignment with the overall objectives of the Ministry/Department
Monitors expenditure being made by various wings/divs and issues timely warning to Controlling Authorities where the progress of expenditure is not even;
Evaluates progress/performance of projects and other continuing schemes against goals and objectives of the ministry/department
Champions the cause of the ministry/department and advocates for higher allocation of budgetary funds for it
Advocates for improvements in the financial planning process such as evidence-based planning
Advocates compliance with internationally recognised progressive budgetary methodologies such as green budgeting, improved gender budgeting etc.