WEST NEW BRITAIN

PROVINCIAL GOVERNMENT

DIVISION OF FINANCE

Overview

The Division of Finance is established under the Public Finance Management Act 1995 and the Organic Law on Provincial and Local-level Government to manage provincial finances and monitor financial performance against the provincial budget to ensure compliance with the annual budget appropriation bill, including those relating to Districts and Local-level Governments of West New Britain, while maintaining accountability to the national government.

Core Functions

The key functions of the Division of Finance include:

  • Financial Management
  • Financial Planning and Budgeting
  • Revenue Management.
  • Asset Management.

Key Responsibilities

The division is responsible for:

  • Management of Provincial Finance
  • Planning and formulation of the annual budgets in collaboration with the Division of Planning, Coordination and Monitoring.
  • Reporting on annual financial expenditure.
  • Ensure compliance with the Public Finance Management Act and other relevant financial Acts when managing Public Finances.
  • Effective and efficient provincial revenue collection and management.
  • Monitoring public properties, liquor laws, and Motor Vehicle Acts.
  • Effective management and disposal of the provincial assets.

Programs & Services

The Division of Finance delivers the following programs and services:

  1. Financial Management – Manage, Plan, budget, and report on the annual financial performances of the province.
  2. Financial Planning and Budgeting – Setting an annual financing road map and allocating funding for the Organization’s operations and service delivery for a Fiscal Year.  
  1. Revenue Management – Collect revenue and effectively regulate and monitor public properties and Acts.
  2. Assets Management – Manage and dispose of government assets.

Structure & Leadership

The division is headed by the Executive Manager, who oversees teams responsible for specific functional areas, including:

  1. Financial Management.
  2. Financial Planning and Budgeting
  3. Revenue Management.
  4. Asset Management.

Strategic Focus

The Division of Finance is committed to:

  1. Prudent Public Financial Management
  2. Financial Compliance, Accountability, and Transparency in the management and disbursal of public funds.
  3. Effective Revenue Regulation.
  4. Effective Asset Management.

Contact Information

For enquiries related to this division, please contact:

Division: Finance
Phone:
Email: saireen.brown@wnb.gov.pg
Location: West New Britain Provincial Headquarters