Finance Executive
Urban Finance Management System and Resources
introduction
- Developing and managing the ministry's annual budget, ensuring it aligns with the government's fiscal policies and the ministry's strategic objectives.
- Creating and implementing financial plans for specific projects and initiatives, ensuring they are fiscally sound and sustainable.
- Regularly monitoring budget performance, identifying potential deviations, and taking corrective measures as needed.
- Preparing and presenting periodic budget reports, ensuring transparency and accountability.
- Contributing to the development and implementation of financial policies and regulations that enhance urban financial management and revenue generation.
- Identifying and implementing best practices in municipal finance and revenue collection.
- Supporting cities in implementing financial management systems, ensuring compliance with regulations.
- Financial Accounting: Ensuring accurate and timely accounting of all financial transactions.
- Cash Management: Managing cash flow, ensuring sufficient liquidity and timely payments.
- Auditing: Overseeing the internal and external auditing processes to ensure compliance and accountability.
- Procurement: Ensuring that procurement processes are followed in accordance with regulations.
- Project Budgeting: Developing and managing budgets for specific infrastructure projects.
- Project Cost Control: Monitoring project costs and ensuring they remain within budget.
- Project Financial Reporting: Preparing financial reports on project performance.
- Supporting the development of financial management capacity within municipalities.
- Working with other government agencies, international organizations, and development partners.
- Conducting financial research and analysis to support policy development and decision-making.
Urban Finance Management System and Resources Desk major responsibilities
1. Prepare policies, strategies and regulation to enhance cities financial management and improve revenue
§ Supports cities to manage properly their municipal finances by establishing a modernize financial management system
§ Supports cities to establish a modernize system so that their municipal revenue increases over time,
§ To benchmark/scale up best practices on municipal revenue collection system from our country policies and other countries
§ Prepare laws, manuals and regulation to enforce municipal revenue collection
§ Give training to regions and cities to improve cities financial management and municipal revenue collection.
2. Establish and improve performance systems
§ Establish a system to manage properly cities budget, resources, accounting and auditing
§ Supports cities to recognize and manage their resources and help them to establish a modernize resources registration and management system
§ To establish a system by which a city Credit Worthiness Capacity status can be identified.
3. Assist the implementation of policies, strategies and regulation that enhance cities financial management and improve revenue
§ Assist and monitor the establish and implementation of policies, strategies and regulations; system to manage properly cities budget, resources, accounting and auditing;
§ Assist, support and monitor the establish and implementation of a system to manage properly cities budget, resources, accounting and auditing;
§ By assessing gaps give training to regions and cities to improve cities financial management and municipal revenue collection;
§ By involving stakeholders support implementation of revenue system and operation laws;
§ Supports and monitor reforms so that the municipal revenue structure enhance cities financial management system, cities municipal revenue collection and cities to manage their resources
§ Support cities resources information (budget, revenue and expenditure, assets … etc.) consolidation and monitor their trends.
4. Assist in different studies
§ Support, monitor and assist studies on new municipal revenues sources;
§ Support the study of a financial development strengthening system that enhance credit worthiness of a city;
§ Make assessment studies on system, services type, capacity and use of municipal revenue;
§ Identifying the current problems on cities revenue collection system and study an improvement system that boost their revenue collection
§ Support and monitor the identification and transfer of best practices on financial management and revenue enhancement systems.
