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The Financial Officer will report directly to the Financial Specialist.

7.0 EVALUATION

The Financial Officer will be required to complete an annual evaluation, which shall be conducted at the

end of each contract anniversary year. The evaluation will seek to establish the performance of the Financial

Officer over the period of the entire contract period and the recommendation for gratuity payment.

8.0 CHARACTERISTICS OF THE ASSIGNMENT

Reporting Relationships: The consultant will report to the Financial Specialist.

All deliverables and/or reports will be reviewed and approved by the

Financial Specialist.

Nature of the Assignment: The assignment is on purely contractual basis. The tenure will be co-

terminus with the project duration. The contract will be for two (2) years in

the first instance, and extended based on satisfactory performance.

Level of effort: Full time level of effort of twenty-four (24) consecutive months, with full

days Monday through Friday, operating normally within a professional

office environment. Some weekend or evening hours may be necessary. This

role routinely uses standard office equipment such as computers, phones,

photocopiers, filing cabinets and fax machines.

Duration of contract: Twenty-Four (24) months (subject to renewal)

Location: Kingston, Jamaica | Travel may be required to other Government entities

within and outside the Kingston Metropolitan Area.

Type of Consultancy: Individual

Type of contract: Lump-sum payments based on scheduled deliverables

Financing Agreements: Consultancy payments will be made through the Office of the Prime

Minister.

9.0 MINIMUM QUALIFICATION AND EXPERIENCE

The incumbent must meet the minimum required qualifications as detailed below or based on equivalency.

Equivalency decisions are made on the basis of a combination of education and experience that would

provide the required knowledge and abilities.

9.1 EDUCATION

 First Degree in Accounting/Management Studies with Accounting or BBA from a recognized

University. (Post-graduate training in Accounting is an asset) or;

ACCA Level 2 or 3 or; Associate of Science Degree in Accounting, from an accredited institution,

along with the Diploma in Government Accounting from an accredited institution;

 Must have good knowledge of procurement policies and procedures of multi‐lateral financial

institutions (e.g. the Inter‐American Development Bank or World Bank) and Technical Cooperation

Agreements, as well as good knowledge of the institutional, technical, and legal aspects of procurement.

 Sound Knowledge of the Financial Administration and Audit Act

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June 12, 2021


Page 2

1. RATIONALE FOR THE CREATION OF A PUBLIC INVESTMENT MANAGEMENT SYSTEM (PIMS) IN JAMAICA The Government has committed to strengthen Jamaica’s public investment management system, as part of a comprehensive public financial management (PFM reform) agenda. This reform has seen the incorporation of public investment management as part of an enhanced fiscal governance framework that seeks to increase fiscal surpluses over time and concurrently reduce the debt to gross domestic product (GDP) ratio so that public resources can be allocated to public investment and other activities that have the potential to contribute to growth in the economy.

Cabinet Decision No X of March 2014 gave approval for the institutionalization of the Public Investment Management System (PIMS) and, in doing so, standardize the treatment of public investment across the public sector with respect to the entire project cycle.

Public investment projects are investments that require planning, execution, monitoring and evaluation carried out as an integrated set of activities aimed at meeting a development objective, at a specific cost and within a defined timeframe(Section 48A, FAA Act Amendments 2014). The Financial Administration and Audit Act (FAA Act) (Amended), 20141 sets out the elements of the strengthened Public Investment Management System (PIMS) which will seek to create a common framework for the preparation, appraisal, approval and management of all public investments in Jamaica, irrespective of the source of funding or procurement and implementation modalities. A key element of the system is the Public Sector Investment Programme (PSIP); a rolling 5 year plan of Cabinet approved public investment projects.

Since these amendments, more legislative and regulatory work has been done to further refine the PIMS and, by extension, the PSIP. In February 2015, additional amendments to both the FAA and PBMA provided for exceptions to the definition of public investment. The exception limits public investment to those undertaken by entities within the specified public sector. The specified public sector is defined as the public sector minus those entities that will be certified as commercial by the Auditor General and, therefore outside of the fiscal rules, as at April 1, 2017. It is anticipated that only a few entities will qualify and the specified public sector will encompass much more than 90% of the public sector. The ambits of the PIMS and PSIP, therefore, is quite extensive in scope.

The Financial Administration and Audit (Amendment) Act 2014 – Fourth Schedule (Section 48B (2) provides that an element of the Public Investment Management System shall be a Public Investment Performance Report. This is a comprehensive performance report on the Government’s Public Investment Programme, which shall be produced and published periodically by the Minister.

1 Gazette 31st day of March 2014, enacted April 1, 2014

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Page 55

Ministry Of Finance & Planning

Taxation Policy

Post Classification

No of

Posts Remarks

Director, Research And Analysis1 GMG SEG 4

Director, Taxation Policy Development1 GMG SEG 4

Director, International Trade Relations1 GMG SEG 4

Director, Policy Review1 GMG SEG 3

Director, Tax Relief1 GMG SEG 3

Policy Analyst1 GMG SEG 2

Senior Tax Officer1 GMG SEG 2

Tax Relief Officer1 GMG SEG 1

International Trade Officer1 GMG SEG 1

Econometrician1 SOG ST 8

Statistician1 SOG ST 7

Economist/Research Officer1 SOG ST 7

Tax Administrator1 GMG AM 3

Executive Secretary 11 OPS SS 4

Senior Secretary2 OPS SS 3

Secretary 21 OPS SS 2

19

19 Total - Taxation Policy

Post Classification

No of

Posts Remarks

Secretary 21 OPS SS 2

Secretary 14 OPS SS 1

Budget Preparation And Administration

5

5 Total - Budget Preparation And Administration

Post Classification

No of

Posts Remarks

Financial Analyst1 FMG PA 1

Senior Secretary2 OPS SS 3

Telephone Operator1 OPS TO 1

Financial Management Division

Administration Of Financial Administration And Audit Act

THE CIVIL SERVICE ESTABLISHMENT (GENERAL) ORDER, 2013 Page 40

LIST OF ESTABLISHED OFFICES

IN THE PUBLIC SERVICE

...
June 12, 2021


Page 56

Ministry Of Finance & Planning

Financial Management Division

Administration Of Financial Administration And Audit Act

4

Central Procurement Secretariat

Post Classification

No of

Posts Remarks

Senior Procurement Officer1 GMG SEG 2

1

Post Classification

No of

Posts Remarks

Expenditure Analyst2 FMG PA 1

Financial Review Unit

2

7 Total - Financial Management Division

Post Classification

No of

Posts Remarks

Deputy Financial Secretary1 GMG CTD 1

Executive Secretary 11 OPS SS 4

Senior Secretary1 OPS SS 3

Public Expenditure Division

3

Post Classification

No of

Posts Remarks

Senior Director1 GMG SEG 5

Senior Secretary1 OPS SS 3

Public Expenditure

2

Post Classification

No of

Posts Remarks

Public Expenditure Unit Head1 GMG SEG 4

Financial Analyst 21 FMG PA 2

Social Infrastructure

THE CIVIL SERVICE ESTABLISHMENT (GENERAL) ORDER, 2013 Page 41

LIST OF ESTABLISHED OFFICES

IN THE PUBLIC SERVICE

...
June 12, 2021


Page 56

LIST OF ESTABLISHED OFFICES

IN THE PUBLIC SERVICE

Ministry of Finance & the Public Service

Taxation Policy

No. of

Offices Office Classification Remark

2SEGGMGSenior Tax Officer1

2SEGGMGPolicy Analyst1

1SEGGMGTax Relief Officer1

1SEGGMGInternational Trade Officer1

3AMGMGTax Administrator1

4SSOPSExecutive Secretary 11

3SSOPSSenior Secretary2

4TARMGHelp Desk Supervisor1

2SSOPSSecretary 21

20

Taxation Policy20 Total -

Budget Preparation & Administration

No. of

Offices Office Classification Remark

1SSOPSSecretary 11

1

Budget Preparation & Administration1 Total -

Financial Management Division

Administration of Financial Administration & Audit Act

No. of

Offices Office Classification Remark

1PAFMGFinancial Analyst1

3SSOPSSenior Secretary1

2

Financial Review Unit

No. of

Offices Office Classification Remark

1PAFMGExpenditure Analyst2

2

Financial Management Division4 Total -

Public Expenditure Division

No. of

Offices Office Classification Remark

1CTDGMGDeputy Financial Secretary1

Page 42THE CIVIL SERVICE ESTABLISHMENT (GENERAL) ORDER, 2018

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June 12, 2021


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