The main objective of this position is to assist the Department of Finance & Treasury to prepare timely consolidated whole-of-Government Financial reports throuh the review of existing business processes and building the capacity of local staff via training and the preparation of guidelines and procedure manuals.
The Ministry of Finance & Economic Management (MFEM), Government of the Republic of Vanuatu, is a Government centralised institution governed by the Public Finance & Economic Management Act (PFEM Act). The ministry is required by the Act to estabish a generally accepted accounting principles (GAAP) - based accounting system and procedures and to prepare Government Annual financial statements. This is necessary, to provide for accountability of the Government's resources and compliance to its laws and regulations. This and other reports required under the Act are used as bench marks for assesssing each Ministry's performance and the basis on how future Government recources can be allocated through the Ministertial Budget Committee (MBC)