Financial Secretary

Role Summary

To serve as the principal policy and chief financial advisor to the Minister of Finance on all economic, fiscal, and financial matters. The Financial Secretary exercises executive leadership over the Ministry of Finance, providing strategic oversight in fiscal policy, financial management, budgetary administration, public debt management, investment management and the effective stewardship of the Territory’s monetary and material resources in compliance with domestic legislation and international standards.

 Role Responsibilities

1. Formulate and execute comprehensive national fiscal policies, economic development strategies, and revenuegeneration measures. 

2. Provide strategic advice to the Minister of Finance on all fiscal and monetary affairs. 

3. Direct the preparation, presentation and execution of the annual Government Estimates of Revenues and Expenditure (Operating and Capital Budgets), ensuring proper financial controls and procedures are enforced. 

4. Lead the day-to-day management and administration of the Ministry of Finance, ensuring efficient service delivery across portfolio departments. 

5. Manage human, financial, and physical resources effectively while driving public sector financial reforms. 

6. Provide financial oversight and regulatory guidance for government-owned statutory boards, corporations, and financial institutions. 

7. Monitor adherence to established policies for entities of all State Own Enterprises. 

8. Monitor and strategise the public debt portfolio, ensuring borrowing guidelines and fiscal responsibility frameworks are managed in the best interest of the Government. 

9. Oversee the periodic review, drafting, and implementation of financial legislation, public finance management regulations and tax matters.

10. Serve as the Accounting Officer for the Ministry of Finance, ensuring resources are managed lawfully, ethically, and efficiently. 

11. Serve as Chairperson of the International Tax Authority, Central Tenders Board, Emergency Disaster Fund Committee, Asset Seizure and Future Management Committee and Financial Stability Coordination Committee, alongside serving on various other key boards and committees. 

12. Oversee sovereign rating exercises, manage public procurement matters, handle investment of government funds and oversee human resource matters, including devolution responsibilities. 

13. Coordinate performance appraisals, maintain professional standards through continuous development and enforce health and safety policies to mitigate workplace hazards. 

14. Complete a minimum of 60 Essential Learning Hours annually to enhance professional knowledge and skills in subject area. 

15. Perform any other duties that are reasonable, job-related, and within the scope of this position, as assigned by the Honourable Minister of Finance in accordance with established policies as they relate to financial administration and management.

Minimum Qualifications & Experience 

• Master’s Degree in Accounting, Finance, Economics or related professional discipline from a recognised institution. 
• Ten (10) years of senior managerial or executive experience within public finance, macroeconomic governance, or corporate financial administration

Knowledge & Skills

• Expert knowledge of Government structure, public sector economics, policies, procedures, and national budgetary processes.
• Expert knowledge in financial management, accounting, taxation, investment, planning, policy development, and statistics. 
• Deep familiarity with relevant financial legislation, statutory frameworks, fiscal responsibility covenants, international financial matters, and foreign policy. 
• Knowledge of relevant financial software packages, electronic spreadsheets, databases, graphics applications, and standard office technology.
• Superior leadership, executive management, and change-management capabilities.
• Expert analytical, critical-thinking, and problem-solving skills.
• Excellent negotiating, interpersonal, and organizational skills.
• Excellent oral and written communication skills, with the ability to influence stakeholders at senior levels