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The Department of Finance is organized across three core branches, each led by a senior executive:
- Corporate Management (the Deputy Minister),
- Comptrollership (the Comptroller General, supported by the Assistant Comptroller General) and
- Fiscal Management (the Assistant Deputy Minister).
A fourth branch, Centrally Administered Funds, exists as part of our budgeting structure to facilitate important payments but is not staffed.
The Deputy Minister leads the Department as a whole.
Each core branch is made up of divisions, usually led by a director. The department primarily budgets and reports at a divisional level, though there is often significant collaboration and overlap among teams. Most divisions are further organized into sections, each led by a manager. These are smaller teams who often share a specific function or role.
In total, the Department has nearly 200 employees in its core organizational structure. The Nunavut Liquor and Cannabis Commission (NULC), a public agency which reports through the Department of Finance, adds another 30 or so employees to the wider team.
Corporate Management Branch
The Corporate Management Branch oversees, guides, and supports the department’s activities and serves as the primary link to the Minister of Finance.
Headed by the Deputy Minister, the Directorate is made up of the Department’s three other executives— the Comptroller General, Assistant Comptroller General and the Assistant Deputy Minister—as well as the Corporate Policy division.
The Corporate Policy Division coordinates departmental activities, particularly those related to legislative, regulatory and policy development. The division supports and liaises with the Minister of Finance’s Office and coordinates the department’s communications activities. The division has general responsibility for managing the GN’s relationships with its public agencies, supports the Nunavut Liquor and Cannabis Board, and oversees the GN’s approach to liquor and cannabis policy, regulation and enforcement.
Representing Finance as a central agency, the division contributes to the GN’s broader legislative and policy work by reviewing all Cabinet submissions. Division staff play other roles, including managing the department’s Access to Information and Protection of Privacy (ATIPP) process and leading the department’s Inuit societal values initiatives.
The Comptrollership Branch encourages accountability to Nunavummiut by developing and managing the financial processes and systems that support the administration of GN mandates.
Financial Reporting and Controls maintains the GN’s internal accounting controls and ensures the accuracy, compliance and completeness of accounting records. This division prepares and publishes the GN’s annual financial statements (the Public Accounts), and reports on the government's financial position and operational results. It serves as the principal liaison between the government and the Office of the Auditor General for the annual financial audit of the Public Accounts.
Internal Audit Services helps GN departments and public agencies add value and improve controls over their operations by carrying out systematic reviews of operations, advising on their efficiency and procedural effectiveness, and recommending improvements.
Financial Operations provides a range of central support services to GN departments and agencies, such as managing the GN's accounts receivable and accounts payable functions, paying bills, collecting revenues, and coordinating the GN's employee relocation program.
Financial Systems Management develops and maintains central accounting, financial and human resource systems and applications, crucial to the GN's daily operations.
Compensation and Benefits provides comprehensive payroll and benefit plan services to government employees. The division also provides guidance and functional support for operations carried out by the three regional offices. The Qikiqtaaluk Operations team, based in Igloolik, forms an important part of this team.
The Department’s two regional divisions, Kivalliq Regional Operations in Rankin Inlet and Kitikmeot Regional Operations in Cambridge Bay, manage relocation, accounts payable, accounts receivable, collection activities, account reconciliation and provide compensation and benefits services to the GN’s decentralized offices located in the three regions outside of Iqaluit. These divisions also perform compliance reviews, special reviews, regional user training and provides ongoing support services and consultation to line departments or public agencies located in the regions.
The branch is also home to the Financial Management Development Program, a new training program. The Department views this program, still in its early stages, as a key initiative to helping advance financial management skills across the GN and its agencies. In particular, the program is intended to help Inuit and other employees across the GN develop their understanding – from beginner skills to deeper competencies -- of the concepts and processes required to manage public resources.
Fiscal Management Branch
The Fiscal Management Branch consists of three divisions, as well as the Nunavut Liquor and Cannabis Commission (NULC).
Fiscal Policy manages core fiscal arrangements with the federal government, forecasts GN revenues, and monitors Nunavut's overall fiscal and economic health. The team collaborates interdepartmentally on a wide range of initiatives and represents the GN to other Canadian governments on several fiscal, financial and economic initiatives. The division administers the GN’s tax system by enforcing tax legislation, reviewing and developing tax policy and rates, and delivering related programs. The division is also responsible for regulating the territory’s insurance industry by licensing insurance professionals and insurance companies and is home to the Superintendent of Insurance.
Expenditure Management coordinates, facilitates, and provides policy and financial direction to the GN’s budget development processes. The division provides advice and administrative support to the Financial Management Board of ministers, departments and public agencies. Expenditure Management performs a compliance and enforcement role with respect to departmental budgets, organizational design and positions. The division’s treasury function oversees the GN’s cash and debt management.
Corporate Services provides a range of financial, administrative and human resource services to support the day-to-day operations of the Department of Finance itself. The team is responsible for developing and managing the department’s budget, processing the department’s expenses, and managing the centrally administrated funds. Corporate Services also oversees the risk management function for the Government of Nunavut, including managing the GN’s insurance portfolio. With respect to HR, Corporate Services helps recruit and staff the department, promotes a healthy and productive workplace, and plays a key role in advancing the department’s Inuit Employment Plan.
Nunavut Liquor and Cannabis Commission
The Nunavut Liquor and Cannabis Commission (NULC) is a separate public agency that works closely with and through the Department of Finance.
The NULC is established by the Liquor Act and authorized by the Cannabis Act to sell and distribute liquor and cannabis across the territory. The Commission funds its activities through product sales and returns all year-end profits to the GN in support of public services across the territory.
The Minister of Finance is responsible for the Liquor Act and the Cannabis Act and so oversees the Commission. For efficiency and oversight, the NULC operates from within the department’s Fiscal Management Branch and reports to the Minister through its Assistant Deputy Minister.
The NULC has teams based in both Iqaluit and Rankin Inlet, with about 30 positions.
For more information about the NULC, visit their website.