Financial Management occupational group

Financial Management (FI)

Financial Management (FI) Group Definition

Pursuant to subsection 102(1) of the Public Service Reform Act, the Treasury Board of Canada hereby provides notice that the definition of the General Services Group and its subgroups, effective , as published in Part I of the Canada Gazette, on , is amended and replaced by the following definition that shall apply to the Financial Management Group effective .

The Financial Management Group comprises positions that are primarily involved in the planning, development, analysis, delivery or management of internal Public Service financial policies, programs, services or other related activities.

Inclusions

Notwithstanding the generality of the foregoing, for greater certainty, it includes positions that have, as their primary purpose, responsibility for one or more of the following activities:

  1. the development, delivery, interpretation, recommendation or revision of financial management policies, practices, principles, systems or techniques;
  2. the provision of advice on the financial implications of policy and program proposals and actions, including risk management and performance information and management, and the approval of the adequacy of financial safeguards in programs and activities;
  3. the planning and conduct of internal financial audits;
  4. the development and delivery of cost accounting models;
  5. the financial planning, analysis and reporting;
  6. the financial operations and services, such as the management of the accounting process and reporting of expenditures, revenues, assets or liabilities;
  7. the provision of services in two or more administrative fields, one of which is financial, when the financial work is, in the opinion of the employer, of primary importance. In allocating a position to the appropriate group, the purpose of the position must be assessed according to all of the following criteria:
    1. the impact of the financial aspects of the advice and recommendations made on the overall achievement of the organization’s programs and objectives;
    2. the degree of responsibility and complexity of the financial work of the position, including the availability of, and the need to provide, financial functional direction; and
    3. the degree of specialized knowledge, skill and experience required in the work; and
  8. the leadership of any of the above activities.

Exclusions

Positions excluded from the Financial Management Group are those whose primary purpose is included in the definition of any other group or those in which one or more of the following activities is of primary importance:

  1. the provision of administrative services in support of Public Service policies, programs, services or other activities dealing with financial management;
  2. the planning, development, delivery or management of the internal comprehensive audit of the operations of Public Service departments and agencies; and
  3. the application of a comprehensive knowledge of generally accepted accounting principles and auditing standards to the auditing of the accounts and financial records of individuals, businesses, non-profit organizations, or provincial or municipal governments to determine their accuracy and reasonableness, to establish or verify costs, or to confirm the compliance of transactions with the provisions of statutes, regulations, agreements or contracts.
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