fi 03 salary
Guide to Allocating Positions Using the 1999 Occupational Group Definitions; Other policy instruments and guides that may be published from time to time. There are no subordinates reporting to this position on a permanent basis. Prepares the regional submissions of main estimates and financial annual plans; Controls the annual budgetary allocation of the regional responsibility centres; Controls the accounting of salary expenses and FTEs; Conducts routine and ad hoc financial analyses; and. It also requires the preparation of work plans with target dates of projects and to ensure that they are met. The work requires directing the development and review of policies and procedures for the preparation and submission of the Operational Plan, Estimates and Budgets. Controls the accounting services activities of the region; and. Managerial concepts are applied for the control and co-ordination of all the assigned responsibilities within or across a major organizational unit such as a branch or region; or for at least a single financial activity across a department; or a portion of a financial activity across a number of departments and agencies. Advises on planning and resource management including financial implications of new or changing programs, financial trends and developments; and the significance of budget variances as they relate to program business goals and the utilization of resources; Develops, implements and maintains management accounting procedures, practices and systems for controlling and forecasting expenditures and commitment control; program budgeting and cash management; and internal control procedures; Develops, establishes and implements cost and general accounting sub-systems; and. Independent action is constrained by both departmental and branch policy, regulations and standards and direction by the supervisor. Planning and Resource Management; Policy and Systems Development; and Accounting Operations are each normally considered a full activity). Action is constrained by departmental systems and procedures and supervision by the Regional Manager. Reporting to this position are a Chief, Financial Policy & Systems Development and a Chief, Accounting Operations, each of which is a “deepest” specialist. revenues received and expenditures made are in accordance with delegated authorities and unauthorized transactions that could have a material effect on financial information and financial statements are prevented or detected in a timely manner. Breadth – Degrees of Diversity of Expertise, Depth-Levels of Intensity of Specialization, (two or more activities but less than full range). (financial policy and systems development; and accounting operations). Plans and coordinates work of assigned staff from both own and other departmental sources. The requirement to supervise or manage others may be one consideration, but it is not the only requirement measured under the Managerial and Interpersonal Expertise sub-factor. It is one of four reporting to the Director, Financial Management. The “deepest” corporate specialist responsible for corporate accounting operations. Download the Resources Susceptible to Influence Worksheet template: RTF 237 KB, Budget Amount (in millions of dollars) table 7 note 4. Attribution of a full range of financial management to a position requires on-going responsibility for at least three full activities and does not require responsibility for internal financial audit. Each occupational group and level has its own salary range. The Regional Coordinating Council of the ECOWAS Volunteers Programme (EVP-RCC) held its 8th meeting, virtually … A single financial activity specialist (Financial Planning and Resource Management). Inquiries about … There are no other financial officers in the regional headquarters but functional guidance is provided by the branch departmental corporate headquarters when necessary. Branch senior financial generalist with responsibility for all financial management activities including policy formulation. All receipts, other than tax-revenues (e.g., revenue received for the sale of commodities and services provided). The type of organizational structure within which the financial duties are performed. Action is constrained only by governmental policy, legislation, regulations and/or general direction. Promotes acceptance of accounting practices, systems and procedures in the department and agencies such as the implementation of an audit program. Expertise - Managerial and Interpersonal. Rates of pay for public service employees . There is a requirement for the existence of substantive duties in an activity area before they are recognized as an increase in breadth of expertise. The average Fiserv salary ranges from approximately $37,000 per year for Inbound Customer Service Representative to $181,595 per year for Director of Finance. The work requires the formulation of proposals to modify systems and procedures. financial planning and resource management, accounting operations and performing specific tasks in financial systems development. Independent action is constrained by procedures and supervision. Position provides financial recommendations through four or more organizational levels to the ultimate decision-maker. $3.89M (B-1 = $1.87M, B-5 = $2.02M). Revises and analyzes ARLU and Main and Supplementary Estimates and prepares variance analysis, expenditure forecasts and special reports on project costs; Conducts assigned projects in the accounting operations of a program, branch, region or department; and. Resources: Weighted amount of $90.50M (B-1 = $47.50M, B-3 = $6M, B-4 = $0.25M, B-5 = $36.75M, B-7 = $0.005M). The value of resources (human, physical or financial) consumed by a cost object. Resources: Weighted amount of approx. Each description consists of a list of the principal duties and specifications describing the degree of each factor to which the position is rated. Supervises the establishment of reporting systems to meet the needs of managers for budgetary operating and capital expenditures, FTE information and other requirements, and the evaluation of their post-implementation effectiveness; Controls the operation and maintenance of financial management systems that support planning and resource management work; and. Some limited requirements exist to apply managerial concepts as in controlling and coordinating the assigned responsibilities within a minor organizational unit or when managing studies or projects. Rates of Pay for the Public Service of Canada. Position provides financial recommendations directly to the ultimate decision-maker for the organization/organizational element, Chief, Central Agencies Inf ormation Systems, Chief, Financial Planning & Resource Management, Regional Manager, Finance & Administration, Director, Financial Accounting Ops & Serv, Assistant Director, Financial Management, Syst & Serv, Senior Financial Policy and Systems Dev Officer, Financial Planning and Resource Management Officer, Financial Planning and Resource Management, Chief, Financial Planning and Resource Management, Assistant Director, Financial Management, Systems and Services, Senior Financial Policy & Systems Development Officer, Director - Financial Accounting Operations and Services, Financial Planning and Resource Development, Regional Accounts Receivable and Credit Officer, Chief, Central Agencies Information Systems. More intense expertise comprised of specialized knowledge and associated skills. A technical specialist limited to less than a full financial activity which is financial systems analysis. $21.75M (B-1 = $36M, B-5 = $7.5M. Cost can include both the direct resources consumed and an allocation of support services consumed by the cost object. The position is in the corporate headquarters of a large department. In allocating a position to the appropriate group, the purpose of the position must be assessed according to all of the following criteria: the impact of the financial aspects of the advice and recommendations made on the overall achievement of the organization’s programs and objectives; 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, the degree of specialized knowledge, skill and experience required in the work; and. The additional spending proposals for the current fiscal year for unforeseen events which could not have been included in previous in-year proposals. 1.03 The parties to this agreement recognize that financial integrity constitutes … Search Fi manager jobs. Financial Transparency Colorado Revised Statutes, 22-44-304. compliance with legislation, regulations, policies and delegated authorities. Salaries posted anonymously by FICO employees. Examples of sub-activities of full activities are: financial systems analysis, which is part of the financial policy and systems activity; accounts receivable, which is part of the accounting operations activity; budget analysis, which is part of the planning and resource management activity. A Cost Analyst (FI) reports to this position. a “one-on-one” relationship exists), the size of resources influenced, Capital Expenditures, responsible for $200 dollars, Operating Expenditures West Sector, responsible for $150 dollars, Operating Expenditures East Sector, responsible for $100 dollars. A significant grouping of associated financial management responsibilities (e.g. Analyses regional resource management and operating activities for significant trends and makes recommendations on opportunities to obtain economic use of resources. Resources: Weighted amount of $5.60M (B-1 = $1.40M, B-8 = $4.20M). This factor has been pre determined and is identified in the worksheet for each type of resource. The position is in a branch regional headquarters of a large department. 1.1 This revised standard takes effect on July 13, 2016. Visit PayScale to research Fi-Med Management salaries, … The benchmark positions have been evaluated, and the degree and point values assigned to each factor are shown in the specifications. Work consists of relatively similar tasks and/or solution of problems in familiar situations. The policies, systems and practices designed to improve the government and department’s cash flow, i.e. As the corporate specialist in accounting, finds solutions to operational problems and refers requests for systems design or modifications to the Director, Financial Policy and Systems Development. From: Treasury Board of Canada Secretariat. As the most senior financial position, independent action is constrained only by policy, legislation, and regulations. Writes reports and prepares statistics on commitments, expenditures, revenues and forecasts; Identifies and analyses supporting information for Main and Supplementary Estimates; Compiles proposals received from various branches for the Operating Plans and Estimates submissions; and. Branch regional senior financial officer position with responsibility for most core financial management activities with the exception of financial policy development for which direction is received from Branch HQ. This page lists the bargaining units and the groups they represent, with links to the annual rates of pay at the Canada Revenue Agency (CRA) for each group. The position is in a branch headquarters of a large department. Third of a four tier pool of “specialist”; the higher levels of expertise being brought forth by project officers and by intermediate project officers. 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. Financial decisions will impact on Branch Regional Program objectives. When completing the information relating to the position, it is important to identify whether or not the position being classified is part of a pool of positions that exist within the organization. In the sub-factor “Financial Subject Matter Expertise”, a combination of disparate sub-activities of full activities is not cumulative and does not increase the breadth of expertise to warrant a full activity. Independent action is constrained within fairly broad policy, legislation and regulations. Action is constrained by departmental and branch procedures and close supervision by the Manager. The Resources Susceptible to Influence Worksheet is comprised of two sections: The first relates to position information and the second to the types and amount of resources over which the position has influence. Resources: Weighted amount of $86.98M (B-1 = $276.70M, B-3 = $60M, B-5 = $11.25M. The point rating method facilitates rational discussion and resolution of differences in determining the relative value of jobs. Salary information comes from 65 data points collected directly from employees, users, and past and present job advertisements on Indeed … Recognition of a revenue and the related asset in the period earned and recognition of an expense and the related liability in the period incurred in the absence of a cash transaction. The requirement for independent action is constrained by departmental and central agency policy and standards and by general direction from the Director. There are six steps in the application of this job evaluation standard. Reports to: Regional Chief, Finance and Administrative Services. As such is the department’s deepest generalist responsible for a full range of financial management activities. Performing the duties involves interaction with concerned personnel when discussing ARLU, Main and Supplementary Estimates proposals. A certificate of indebtedness, usually interest-free, held by the Government of Canada on an outside party for a defined period. The work requires the analysis of user and functional requirements and the presentation of these proposals to the operating managers. Managerial concepts are applied for the control and co-ordination of the full range of financial activities across a department or agency; or across all departments and agencies for at least one major financial management activity. The point values for all factors are added to determine the tentative total point rating. The full financial responsibility is with the Regional Chief, Finance and Administrative Services. Reports to: Director, Central Accounting and Control. It is comprised of two elements: Size and Nature of Resources measures the relative size of the portion of total annual expenditures and/or revenues which are influenced by a position. It shows three separate scenarios indicating how resources may be divided. N.B. Level of Influence measures the degree to which a position can influence implementation of its output/proposals in terms of the relationship of the position to the ultimate decision-maker for the organization or organizational element. Analyses departmental cash flows (receipts and disbursements) to ensure that policies, systems and practices reflect appropriate timing of disbursements and prompt collection of receipts; Monitors and controls the operation of cash mangement practices, and identifies relevant cash management techniques to be applied; Defines credit policies, develops collective methods, monitors collection performance of accounts receivable, and handles cash receipts; Recommends terms and conditions for payments (grants, contributions, contracts); Monitors spending trends to identify spending in advance of need (e.g. Reports to: Chief, Financial Planning and Resource Management. Departmental Corporate Headquarters: Centre of control for the department or agency usually headed by the Chief Financial Officer; Central Agency: An agency that exists to support the Cabinet’s corporate objectives and the collective responsibilities of the minister. FI 03: 1: 2: 3: 4: 5: 6: 7: Current: $ 74,592: $ 77,735: $ 80,877: $ 84,017: $ 87,158: $ 90,649: $ 96,160: Nov 7, 2011 (1.75% increase) 75,897: 79,095: 82,292: 85,487: 88,683: 92,235: 97,843: Nov 7, 2012 (1.5% increase) 77,035: 80,281: 83,526: 86,769: 90,013: 93,619: 99,310: Nov 7, 2013 (2.0% increase) … Operating expenditures normally exclude capital expenditures and transfer payments. Directs activities of financial accounting operations, reporting and allotment control services for the institution. The position is required to provide functional guidance to regions. 576. Bachelor of Science (BS / BSc) $79k - $130k. The new total will be set at $198.2 million for … Independent action is generally constrained by departmental regulations, policy and direction provided by the Chief. Work consists of relatively similar tasks and finding solutions to problems in familiar situations, i.e. Browse job salaries by company, location, experience and more from data provided by real employees. Two officers report to this position – Head, Financial Planning, with a staff of four officers and one clerk and Head, Report Preparation, also with a staff of four officers and one clerk. The second Senior job has two Intermediate positions reporting to it, each responsible for $120 dollars. In achieving the goals of the position, persuading, influencing and motivating senior management is of critical importance to ensure that corrective actions are taken as stated in the departmental responses to audit reports. This resulted in a $0.01 loss per share for the current quarter and a $0.03 loss per share for the nine-month period ended September 30, 2020. Three Financial Planning and Resource Management Officers and one Budget Clerk report to this position. Researches data system processing to correct errors reported by client departments and agencies. Includes internal transfer such as Public Service, Canadian Armed Forces and RCMP Superannuation payments, etc., as well as transfers to other levels of government and private sector organizations. inventory build-up, year-end spending, advance payments); and, Provides functional guidance on cash management to regional officers. For example, the combination of accounts receivable, financial systems analysis and financial planning activities would be assigned degree A of breadth. Manages a departmental financial management activity. $47.75M (B-1 = $201.75M, B-3 = $23.25M, B-4 = $36M, B-5 = $25.50M. The information derived from costing will support many types of business management decisions. Work consists of relatively difficult problems in differing situations when determining the user information needs. Directs the design, development and maintenance of financial policies and systems as well as integrated operational and financial planning and control processes and administrative systems which link plans and results. 710. This is the department’s senior deepest generalist responsible for two full financial activities. Uniform application of degree definitions requires frequent reference to the descriptions of factors and the notes to raters. There is no requirement to apply managerial concepts in preparing budget submissions and reports or in controlling budgetary allocations. The work consists of monitoring and controlling the operation of cash management practices and identifying relevant cash management techniques to be applied when problems occur. 7. Responsible for management of all financial management activities across the department. Generalist positions that provide substantive, authoritative financial advice and/or services directly to management, but only report to a manager functionally, should be allocated to D column, provided that all the following criteria are met: Subordinates of generalist positions should be assessed according to guidelines set out in the above “Notes to Raters” at Note 3. FI - 1 - Annual Rates of Pay (in dollars) Effective Date Salary Increment 1 ... Salary Increment 6 Salary Increment 7 Salary Increment 8 Salary Increment 9 Salary Increment 10; December 22, 2017: 54654: 57180: 59710: 62234: 64759: 67290: 69821: 72345: 75164: 77982: December 22, 2018 Footnote ... 2019-12-03… FI-04. Allocation of the position to the group is confirmed by reference to the definitions and the descriptions of inclusions and exclusions. Start The 5 Day Challenge Your Shortcut to Traveling Better for Less […] For enquiries, contact us. There are no subordinates reporting to the position. Resources: Weighted amount of $5.30M (B-1 = $5.28M, B-7 = $0.02M). $13.58M (B-1 = $128.30M, B-3 = $7.50M: the total of $135.80M is shared among 10 positions in the pool). Browse job salaries by company, location, experience and more from data provided by real employees. While the work is in three fields of administration, the financial work is of primary importance. The work requires writing internal directives regarding small changes in financial procedures and policy. Requirement for Independent Action measures the degree of freedom to act within such constraints as supervision or direction, standardized operating procedures, policies and regulations. Work requires more than a minimum level of specialization when contributing to the development of policies. A schedule of the specific work that is to be done toward the achievement of objectives stated in a department or agency strategic plan. Benchmark financial management organizational contexts defined: The following principles illustrate how the size of the resources, influenced by a given position in different commonly found organizational structures, should be determined: See following scenarios for the determination of size of resources. Action is constrained by departmental policy, regulations and general direction from the supervisor. Two Financial Clerks, responsible for pre-audit and processing the accounts of the Institution report to the position. Resources: Weighted amount of approx. Salary; Senior Financial Analyst salaries - 2 salaries reported: S$114,000 / yr Technical Support Engineer salaries - 2 salaries reported: S$52,500 / yr Director, Project Manager salaries - 1 salaries reported: S$250,000 / yr Sales Manager salaries - 1 salaries reported: S$120,000 / yr Business Systems Analyst salaries - 1 salaries … The factors, sub-factors and elements are: For each factor, the maximum point value assigned and corresponding point weighting reflects its relative importance. Independent action is constrained by departmental branch policy, procedures and close supervision by the Regional Senior Financial Officer. You will not receive a reply. Reporting to this position are three Financial Analysts and one Financial Clerk. Directs and coordinates all aspects of accounting and financial management within the Branch; Directs and coordinates the financial aspects of the Branch’s cost recovery program; Provides functional direction to branch regional and directorate financial personnel; and.
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