How does the new financial management system give managers clear definitions of their roles and responsibilities?
11. Clear definitions of roles and responsibilities come from the Financial Regulations, Financial Procedures and Schemes of Delegation as outlined in paragraph 3 above. The new financial management system then supports these defined roles and responsibilities. 12. The way that this is being done is to ensure that budget managers have access within Oracle to the cost centres that they are responsible for and that they have the tools at their disposal to enable them to fulfil their responsibility. The name of the budget manager that is responsible for each cost centre will be held within Oracle and access granted to enable them to monitor and amend their financial information. They will not be allowed to amend data out of their area of responsibility. 13. The budget management hierarchy in Oracle is also built in such a way to reflect the organisational hierarchy, so that service managers get an overview of the financial information for all budget managers that report to them. This is b
