Public Finance Management Specialist
Opportunity Information
SPPS- II
1
Federal Government
Managerial/ Experienced Professional
Contract
The Role
The Public Finance Management Specialist (SPPS-II) supports revenue and expenditure forecasting, budget analysis and budgetary reforms at the Finance Division, Government of Pakistan, working with CFAOs and PAOs in Ministries and Divisions.
• Undertake forecasting of revenues and expenditures on periodic basis, including annual, half-yearly and quarterly forecasts • Provide technical assistance in the compilation, analysis and reporting of fiscal data for international credit rating agencies • Conduct analysis of budgets and expenditures of sectors, Divisions, key Attached Departments and Autonomous Bodies • Provide technical assistance in the detailed analysis and preparation of indicative budget ceilings for running of civil government, defence, pensions, grants, subsidies, net lending and the PSDP • Prepare and maintain fiscal data spreadsheets in accordance with national and international standards • Support the modernization of budgetary practices to enhance efficiency and optimize the utilization of public resources • Undertake reforms in the budget preparation process through improvement of budgetary practices • Strengthen budget execution and expenditure controls through monthly and quarterly reviews • Review and update the Budget Manual in line with the requirements of the Public Finance Management Act and facilitate CFAOs in implementing the revised provisions of the Manual • Devise and roll out initiatives to promote budget transparency, including fiscal risk disclosures, budget strategy paper, mid-year review report, fiscal policy statement, medium term performance-based budget, year-end performance monitoring report • Support PAOs in implementing mid-year budget reporting, performance reporting against Output-Based Budgeting, reporting of budgeted and actual expenditure by output, and assessment of performance against targets • Work closely with CFAOs and PAOs in Ministries and Divisions to mainstream the use of Output-Based Budgeting/ Performance Budgeting and institutionalize the requirements of performance-based budgeting • Devise and implement mechanisms to ensure efficient utilization of grants as part of the budget process • Provide training and capacity-building support to budget officials of Ministries/ Divisions as and when required • Perform any other duties assigned by the Additional Finance Secretary Budget
Applicants General Eligibility & Requirements
10+ years
Education, Experience and Skills Requirements
- Masters: Finance, Economics, Accounting, Statistics
- MS / MPhil: Finance, Economics, Statistics
- Postgraduate Diploma: Finance
• At least 10 years of relevant experience in public finance management, fiscal management, revenue management, budget allocation, public financial planning and budgeting • Experience in handling web-based management systems
Public Finance Management, Budgeting, Fiscal Forecasting, MS Office, Communication
• Degree from a recognized university
Finance Division, Government of Pakistan