Page 2054 - Week 05 - Thursday, 6 May 2010
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(1) Treasury has one position in which qualifications are stated as mandatory. The Director Accounting, incorporating the role of the Chief Finance Officer requires appropriate tertiary qualifications in Accounting, Commerce, Finance or a related field and CPA or CA qualifications.
There are no skills lacking in any specialist position in Treasury.
(2) The CFO is paid at the SES 1.3 level. Remuneration for this position can be found at http://www.cmd.act.gov.au/governance/remtrib/home.
(3) The Department uses the Department of Treasury Salary and Admin On-Cost Model (October 2008) to determine salary on-costs estimates for each generic classification based on an average salary cost for each classification, and a standard figure for administrative on-costs.
The salary on-costs include estimates for Superannuation; Employer Productivity Superannuation Contribution; Long Service Leave Provision; Annual leave Loading; Workers’ Compensation premium, and other issues as necessary on a case-by-case basis. The salary on-cost total is 16.41% of the average salary.
The administrative on-cost model is based on average estimates for IT and communications related costs; accommodation; insurance; training; fleet; other administrative items including OH&S expenses, office machines and equipment, stationery and postage; and a corporate component covering payroll and human resources costs per FTE across Government. The total standard figure for administrative on-costs (in the October 2008 Guideline) was $15,790.
(4) The CFO position is required to undertake a set number of professional development hours and maintain membership of relevant professional bodies. An estimate for ongoing training is $1,500 per annum.
(5) The number of graduates employed by Treasury since 2001 is shown in the table below.
|
2010 |
6 |
|
2009 |
7 |
|
2008 |
9 (incl 2 for Shared Services) |
|
2007 |
11 (incl 1 for Shared Services) |
|
2006 |
6 |
|
2005 |
7 |
|
2004 |
8 |
|
2003 |
2 |
|
2002 |
3 |
|
2001 |
2 |
(6) Graduates are employed as Graduate Administrative Assistants (GAA) under the collective agreements.
(7) There have been 7 permanent commencements and 8 permanent separations as at February 2010 for Treasury.
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