Financial Management Group
Kathryn Campbell
General Manager
The Group develops and advises on the budgetary and financial framework applicable to public sector agencies, on accounting policy, and on superannuation arrangements for members of Parliament and Commonwealth employees. Additionally the Group consolidates Budget updates, contributes to the preparation of the Budget statements and prepares the Commonwealth's monthly and annual consolidated financial statements.
The Group also has an important role in providing budget and financial framework training to staff and provides similar training to other public sector agencies.
In addition, the Group provides support to the Office of Evaluation and Audit in its role of evaluating and auditing Government programmes designed to further the advancement of Aboriginals and Torres Strait Islanders.
General Manager: Kathryn Campbell
Phone: (02) 6215 2316
Fax: (02) 6267 3367
Executive Coordinator: Jackie Wilson
Phone: (02) 6215 3491
Financial Framework Division
Division Manager: Mike Loudon
Phone: (02) 6215 3244
Financial Framework Division (FFD) is a policy development and advisory Division. FFD is responsible for the development of policy and delivery of guidance, training and information on the Commonwealth's financial framework. This framework is the foundation upon which the Commonwealth's financial system is built and encompasses budgeting policies as well as the financial governance arrangements for Commonwealth agencies and government entities.
Financial Framework Policy Branch (FFPB)
Branch Manager: Tom Ioannou
Phone: (02) 6215 3538
The Branch maintains and improves the Commonwealth's financial framework by:
- developing policy in this area;
- promoting the Australian Government's financial framework policies
through the development and implementation of overarching guidance; - maintaining the Finance Minister's delegations to Commonwealth Chief Executives; and
- providing timely and robust advice to agencies.
Legislative Review Branch (LRB)
Branch Manager: Marc Mowbray-d'Arbela
Phone: (02) 6215 3657
The Branch reviews and improves the Commonwealth financial framework and Commonwealth electoral legislation by:
- developing policy on these areas and guidance on the financial
framework; and - preparing legislative amendments where necessary.
Budget Framework Branch (BFB)
Acting Branch Manager: Rod Smith
Phone: (02) 6215 3510
The Branch provides research and advice on refinement and simplification of financial management policies and practices. Its responsibilities include:
- developing and progressively implementing proposals to enhance transparency and simplify aspects of the financial framework; and
- guidance and advice on Portfolio Budget Statements, outcomes, programmes, performance measurement, evaluation and related reporting arrangements.
Reviews and Training Branch (RTB)
Acting Branch Manager: Amanda Lee
Phone: (02) 6215 2803
The Branch has responsibility for:
- coordinating, supporting and monitoring the Government's strategic review programme;
- delivery of Financial Management and Budget training in Finance; and
- managing the partnership arrangement with the six external providers of Budget and Financial Essentials training across the APS.
Gateway Unit
Acting Branch Manager: Jenny Millet
Phone: (02) 6215 2092
The Gateway Unit administers the Gateway Review Process, which examines major projects at critical stages to provide assurance about a project's progress. It does this by:
- developing policy and guidance;
- facilitating reviews and reviewer training; and
- disseminating lessons learned on project management to assist agencies improve their on-time, on-budget delivery of major projects against their specified outcomes.
Financial Reporting and Cash Management Division (FRACM)
Division Manager: Tim Youngberry
Phone: (02) 6215 2660
The Financial Reporting and Cash Management Division (FRACM) consolidates all updates of the Budget, provides budget financial data published by the Government (eg MYEFO and Final Budget Outcome), and prepares and publishes the Commonwealth's monthly and annual consolidated financial statements. It undertakes this role consistent with relevant external reporting standards. In addition, the Division develops accounting policy to support the Commonwealth´s budgeting and reporting framework. The Division also prepares all appropriation bills, administers the cash drawdown of those appropriations and administers the movement of all cash payments and receipts through the Official Public Account.
Accounting Policy Branch (APB)
Branch Manager: Peter Gibson
Phone: (02) 6215 3551
The Branch:
- issues and updates the Finance Minister's Orders (Financial Statements),
- resolves accounting and reporting framework issues,
- pursues GFS/GAAP harmonisation, and
- facilitates the implementation of Australian Equivalent Financial Reporting Standards.
Cash Management Branch (CMB)
Branch Manager: Brett Kaufmann
Phone: (02) 6215 3158
The Branch:
- administers the appropriation framework and related system;
- administers the Official Public Account; and
- monitors/reports on daily underlying cash movements.
Financial Reporting Branch (FRB)
Branch Manager: Matthew King
Phone: (02) 6215 3271
The Branch:
- produces consolidated financial statements and tables for all estimates updates;
- produces/publishes quality assured monthly and annual consolidated financial statements;
- provides a quality assured Final Budget Outcome for publication by Treasury; and
- assures and monitors the operation of the data entry and consolidation systems
Funds and Superannuation Division
Division Manager: Alan Greenslade
Phone: (02) 6215 2006
Funds and Superannuation Division (FSD) is a policy development and implementation Division. The Division provides policy advice to the Government on its Investment Funds:
- Future Fund
- Higher Education Endowment Fund
- Building Australia Fund
- Education Investment Fund
- Health and Hospitals Fund
The Division also provides policy advice on the Commonwealth civilian and parliamentary superannuation arrangements and manages the financial aspects of those superannuation arrangements. Superannuation arrangements are a significant aspect of Commonwealth administration covering over 160,000 contributing Commonwealth members and encompassing the management of significant financial flows and liabilities.
Superannuation Branch (SB)
Branch Manager: George Sotiropoulos
Phone: (02) 6215 3815
The Branch:
- monitors employer superannuation contributions and unfunded liabilities;
- manages contracts for actuarial services;
- manages relevant governance issues for the Australian Government's civilian superannuation schemes;
- administers the Parliamentary Contributory Superannuation Scheme.
- advises on superannuation policy issues, particularly in relation to matters affecting Commonwealth civilian superannuation;
- prepares legislative amendments, as required; and
- communicates with agencies (as employers).
Funds Branch
Branch Manager: Felicity Mcneill
Phone: (02) 6215 2092
- advises the Minister for Finance and Deregulation on aspects of the Future Fund and the Future Fund Management Agency, including investment performance, board appointments, transfers to the Fund, target asset levels and debits from the fund.
Office of Evaluation and Audit (Indigenous Programs) [OEA (IP)]
Director of Evaluation and Audit: Colin Plowman
Phone: (02) 6215 2261
The Office of Evaluation and Audit (Indigenous Programs) was established by Section 193W of the Aboriginal and Torres Strait Islander Act 2005. OEA (IP) is an administrative unit within the Department of Finance and Administration headed by a statutory office holder.
The role of OEA (IP) is to assist in improving the performance and public accountability of programs specifically designed to further the social, economic or cultural development of Aboriginal persons or Torres Strait Islanders.
This is achieved by conducting a regular program of independent, objective and systematic evaluations and audits of:
- relevant programs administered by Australian Government bodies;
- related aspects of the operations of Australian Government bodies delivering those programs;
- particular activities of organisations and individuals funded under those programs when requested by the Minister; and
- organisations and individuals where funding or loan agreement provides for evaluation or audit by OEA (IP) and where the Minister consents to the evaluation or audit.
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