Unit of competency Outline

Date retreived
22/07/2026 9:08 PM AWST

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Provide financial support to materiel acquisition projects

Provide financial support to materiel acquisition projects

Unit of competency
National Code
DEFFIN019
State Code
BBB98
TGA Status
Current
DTWD Status
Approved
Current Release Number
1.00
Current Release Date
17/08/2017
View on TGA
State Implementation and Classification
Approved Date
21/02/2018
Field of Education
080399 - Business And Management, N.e.c.
Original Release Date
21/02/2018
Nominal Hours
0
Description
This unit describes the skills required to undertake financial support and reporting activities associated with materiel acquisition projects.This unit applies to those working in the public sector Finance Domain who would be required to undertake financial management activities as part of their duties.The skills and knowledge described in this unit must be applied within the legislative, regulatory and policy environment in which they are carried out. Organisational policies and procedures must be consulted and adhered to, particularly those related to financial management activities.Those undertaking this unit would be working under minimal supervision and/or supervising small teams while undertaking financial management tasks. They would perform complex tasks in familiar context.No licensing, legislative or certification requirements apply to this unit at the time of publication.
Notes
Elements and Performance Criteria
1 Provide input to management reports
  • 1.1 Assess stakeholder needs
  • 1.2 Provide data for end of period report
  • 1.3 Assist with coordinating the update of variance reports
  • 1.4 Reconcile data with authoritative data
  • 1.5 Review data for accuracy, validity and relevance
2 Provide input for asset management
  • 2.1 Process asset and inventory financial transactions
  • 2.2 Assist with Asset-Under-Construction assessments
  • 2.3 Review financial asset and inventory transactions for accuracy
3 Provide financial management support for procurements
  • 3.1 Provide financial input for inclusion in procurement documentation
  • 3.2 Undertake financial aspects of value for money assessment of supplier proposals
  • 3.3 Provide input into contract development
  • 3.4 Provide financial advice to procurement team
  • 3.5 Review contract changes proposals for financial implications
4 Support the development of acquisition and sustainment agreements
  • 4.1 Provide financial and costing advice
  • 4.2 Assist with the review of financial aspects
  • 4.3 Assist with the development of change proposals
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State Code National Code Title Type
BDK9 DEF40817 Certificate IV in Defence Financial Administration Qualification