Fiscal Stewardship & Transparency

Provincial Finance Office

Stewarding the fiscal management of Madang Province through prudent financial stewardship and transparent governance

Financial Stewardship

Prudent Fiscal Management

Developing budgets, overseeing revenue collection, ensuring expenditure control, and maintaining financial transparency

Focus: Financial Stewardship | Goal: Transparency & Compliance

About Provincial Finance Office

Office Overview

The Provincial Finance Office, operating under the Policy and Corporate Services framework, stewards the fiscal management of Madang Province. It develops and coordinates annual and supplementary budgets, oversees revenue collection and forecasting, and ensures sound expenditure control and disbursement. The office prepares timely financial reports, liaises with audit bodies, and formulates financial policies to uphold transparency and compliance. By building financial capacity across provincial departments and district administrations, it safeguards prudent financial stewardship aligned with provincial priorities.

Budget Preparation

Development and coordination of annual and supplementary budgets aligned with provincial priorities

Revenue Management

Revenue collection strategies, forecasting models, and monitoring of revenue streams

Expenditure Control

Cash flow management, approval processes, and oversight of payroll and vendor payments

Core Finance Functions

Comprehensive financial management supporting provincial departments and district administrations

Internal Audit & Risk

Internal control reviews, risk assessments, advisory audits, and follow-up action plans

Audit Services

Donor Fund Management

Management of externally funded projects, compliance reporting, and donor fund reconciliation

Fund Management

Capacity Building

Finance systems training, accounting standards workshops, and mentorship for financial officers

Training Programs

Finance Services

Comprehensive financial services ensuring prudent stewardship and transparent governance across Madang Province

Budget Preparation & Coordination

Development of annual and supplementary budgets; issuance of budget guidelines; consultative workshops with departments.

Budget Info Core Service
Revenue Management & Forecasting

Revenue collection strategies; forecasting models; monitoring of grant, royalty, and internal revenue streams.

Revenue Core Service
Expenditure Control & Disbursement

Cash flow management; approval processes for departmental expenditures; payroll and vendor payments oversight.

Expenditure Ongoing
Financial Reporting & Compliance

Monthly, quarterly, and annual financial statements; consolidation of accounts; coordination with audit bodies.

Reports Compliance
Internal Audit & Risk Management

Internal control reviews; risk assessments; advisory audits and follow-up action plans.

Audit Risk
Financial Policy Development

Formulation and periodic review of financial delegations, procurement guidelines, and asset management policies.

Policies Governance
Donor & Grant Fund Management

Management of externally funded projects; compliance reporting; reconciliation of donor funds.

Grants External Funds
Capacity Building & Training

Finance systems training; workshops on accounting standards; mentorship programs for district financial officers.

Training Capacity

Financial Stewardship

Budget
Preparation
Revenue
Management
Expenditure
Control
Financial
Compliance

Financial Service Focus Areas

Specialized financial services supporting transparent governance and prudent fiscal management

Budget & Revenue Management

Our budget and revenue management services focus on developing comprehensive annual and supplementary budgets, implementing revenue collection strategies, and creating accurate forecasting models. We ensure alignment with provincial priorities while maintaining fiscal responsibility and transparency.

  • Annual budget development
  • Revenue forecasting models
  • Grant and royalty monitoring
  • Budget coordination workshops
Financial Control & Compliance

Our financial control and compliance services ensure sound expenditure management, robust internal audit systems, and strict adherence to financial policies. We maintain transparency through regular reporting and coordinate with audit bodies to uphold the highest standards of financial governance.

  • Expenditure control systems
  • Internal audit reviews
  • Financial policy development
  • Compliance monitoring

Contact Finance Office

Provincial Finance Office

Office Address

Sir Angmai Bilas Complex
Under the Provincial Policy and Corporate Services
Madang Provincial Administration Headquarters

Postal Address

PO Box 2139, MADANG 511
Madang Province, Papua New Guinea

Phone

+675___________________________

Email

provincial.finance@madang.gov.pg

Website

https://www.madang.gov.pg/provincial-finance

Facebook

facebook.com/MadangProvincialFinance

Prudent Financial Stewardship

Our office stewards the fiscal management of Madang Province through budget coordination, revenue oversight, expenditure control, and financial reporting. We ensure transparency, compliance, and capacity building to support provincial priorities and sustainable development.