Financial Programme Management at the speed of

Transcript:Financial Programme Management at the speed of:
Financial Programme Management at the speed of Light Fernando Abaga Edjang DRR, UNDP Gambia March, 2016 Objectives of the working session The overall goal of this working session is to support delivery and the achievement of sustainable results. By the end of this working session, therefore, participants should be: Familiar with concepts, policies and procédures, Business Processes, systems, tools of programme finance management Able to carry out the relevant programme finance operations effectively, efficiently and with JOY; Fully understand their roles and related accountabilities Programme - Agenda The importance of policies, procedures, processes, tools in achieving organization goals Outcomes without a process (the “what” without the “how”) – Process is the roadmap to the achievement of outcomes Decisions not supported by evidence – Importance of evidence (data, facts, etc.), tools, systems in management; No accountability Poor results The Nature of our Work TRANSACTIONAL = things you do based on standard procedures that do not require interpretation / modification; many (but not all) administrative tasks would be transactional. SUBSTANTIVE = where you may need to sit back, think about the task at hand, and make decisions on what exactly needs to happen; where standard procedures alone are not enough to guide you The Nature of our Work Substantive work: Analytical skills - the ability to visualize, articulate, and solve both complex and complicated problems and concepts and make decisions that are sensible and based on available information. Such skills include demonstration of the ability to apply logical thinking to gathering and analyzing information, designing and testing solutions to problems, and formulating plans. Critical thinking - clear, reasoned thinking involving critique; making clear, reasoned judgements. It is the intellectually disciplined process of actively and skillfully conceptualizing, applying, analyzing, synthesizing, and/or evaluating information gathered from, or generated by, observation, experience, reflection, reasoning, or communication, as a guide to belief and action. The Nature of our Work: Internal Control Framework Internal Control Framework Segregation of duties - there must be a segregation of duties to implement an appropriate level of checks and balances upon the activities of individuals, thereby minimizing the risk of error or fraud and helping to detect errors or fraud. Assign staff members only one Atlas profile that is consistent with their role. (ARGUS report) Staff members who approve vouchers (approving managers) cannot create vouchers (finance); and Staff members who approve POs (approving managers) cannot create POs (buyers). The Nature of