Which duties are performed by the Fiscal/Budget and Accounting Officer?

• A. Provides financial guidance to the commander; tracks activities; budget formulation, execution, and review; ensures proper use of appropriations.
• B. Maintains inventory records
• C. Manages payroll
• D. Conducts external audits

Answer: (A)

Duty centers on financial stewardship and budget oversight. The Fiscal/Budget and Accounting Officer guides financial decisions for the command, helping align resources with mission needs and policy rules. They monitor how the budget is executed, track obligations and expenditures, and analyze variances to keep spending on target. They manage the full budget cycle—from formulation to execution to periodic review—ensuring funds are allocated properly and used for authorized purposes. A core element is ensuring proper use of appropriations, which means funds are obligated and expended in accordance with laws, regulations, and approved intents.

Maintaining inventory records is a property and supply control function, not the primary remit of the budget and accounting officer. Managing payroll is typically handled by human resources or payroll specialists, not the central fiscal officer. Conducting external audits is the realm of auditors, with the budget and accounting officer facilitating information and coordination but not performing the audit itself.