Tender Seeks Finance Transformation Partner
Wednesday 6 June 09:14
The States of Jersey is looking for an experienced partner to help deliver ambitious plans to modernise the organisation’s public finances.
A recent review of financial management found outdated practices and structures which do not adequately support the strategic financial planning and transparency that are key to well-run, good-value public services.
The review recommended a number of changes to strengthen financial management, improve corporate performance and accountability, and to drive a commercial approach that delivers best value for money from suppliers. Reports from both the Comptroller and Auditor General, and Scrutiny, have also recommended changes to the way public finances are managed across the public sector.
Earlier this year the Chief Executive, Charlie Parker, explained his plans to restructure the public services, to improve key areas of the States’ administration, and to invest in modern financial systems.
The States’ current financial operation does not have the capacity and expertise to deliver this, while also maintaining day-to-day financial support for public services. It is therefore looking for a partner to help modernise the way its financial processes are managed.
A competitive tender process has now begun and the successful applicant is expected to start work in August.
States of Jersey Press Release.