Financial secretary is anadministrative andexecutive government position within the governance of astate,corporation,private orpublicorganization, small group or other body with financial assets.
A financial secretary oversees policy concerning the flow of financial resources likemoney in and out of an organization. The officer sometimes determines policy concerning the purchase or sale of goods and services, collection of dues andemployment. The officer implements policy with the cooperation of other executives.
The term financial secretary may refer to acabinet member (often servingex officio) in various former and presentBritish dependencies, holding responsibilities similar to those of afinance minister. Held bycivil servants, the title continues to be used in jurisdictions such asHong Kong even after thehandover toChina,[1] as well as inMontserrat[2] andSaint Helena. It was formerly used inSingapore (for instance,Thomas Hart served as Singapore's final financial secretary from 1954 to 1959) and inJamaica.
In theUnited Kingdom, theFinancial Secretary to the Treasury is a junior ministerial position, although the office holder typically attends cabinet meetings. In somemunicipal andstate government contexts, a financial secretary may be an appointed or elected official responsible for public financial administration.
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