Unit of competency Outline
Date retreived
22/07/2026 3:38 PM AWST
22/07/2026 3:38 PM AWST
Whilst all efforts are made to provide accurate and timely information from the relevant source/documentation, please be aware that the information supplied may not be the most current version. The accuracy of the detail has not been confirmed by the Department and therefore should not be relied upon without first confirming the contents.
Support strategic financial management in the public sector environment
Support strategic financial management in the public sector environment
Unit of competency
National Code
DEFFIN004
DEFFIN004
State Code
BBB91
BBB91
TGA Status
Current
Current
DTWD Status
Approved
Approved
State Implementation and Classification
Approved Date
21/02/2018
Field of Education
081199 - Banking, Finance And Related Fields, N.e.c.
Original Release Date
21/02/2018
Nominal Hours
0
Description
This unit describes the skills and knowledge required to support strategic financial management in the public sector environment.This unit applies to those working in the Finance Domain who would be required to undertake financial administration activities.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 administration.Those undertaking this unit would work independently or as part of a team, under direct supervision. They must be able to use discretion and judgement and take responsibility for the quality of their outputs. They would perform complex tasks in familiar context.No licensing, legislative or certification requirements apply to unit at the time of publication.
Notes
Elements and Performance Criteria
1 Apply subject matter expertise
- 1.1 Provide input into the development of financial management policies
- 1.2 Provide advice on financial management issues
2 Support financial management strategies
- 2.1 Identify organisational priorities and stakeholder needs
- 2.2 Contribute to the development of a plan outlining expected strategies and outcomes
- 2.3 Identify factors that may affect achievement of objectives and targets
3 Support financial risk management
- 3.1 Identify potential risks to organisational financial management
- 3.2 Provide input into risk analysis
- 3.3 Apply risk management strategies
- 3.4 Monitor risk outcomes
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No information
No information
| State Code | National Code | Title | Type |
|---|---|---|---|
| BDK9 | DEF40817 | Certificate IV in Defence Financial Administration | Qualification |