Archdiocesan Finance Office Perth
The Archdiocesan Finance Office in Perth plays a crucial role in managing the financial resources of the Catholic Archdiocese of Perth. It is responsible for ensuring the prudent and ethical stewardship of funds entrusted to the Church, supporting its mission of evangelization, pastoral care, and service to the community.
The office operates under the direction of the Archbishop and works closely with various archdiocesan agencies, parishes, schools, and other entities. Its core functions encompass a wide range of financial activities, including:
- Financial Planning and Budgeting: Developing and implementing comprehensive financial plans that align with the strategic goals of the Archdiocese. This involves preparing annual budgets, monitoring financial performance, and providing financial advice to various stakeholders.
- Accounting and Reporting: Maintaining accurate and transparent financial records in accordance with generally accepted accounting principles and relevant regulations. Preparing regular financial reports for internal and external stakeholders, including the Archbishop, Archdiocesan Council, and government agencies.
- Investment Management: Managing the Archdiocese’s investment portfolio to generate income and preserve capital. This involves developing investment strategies, selecting investment managers, and monitoring investment performance.
- Property Management: Overseeing the management of Archdiocesan properties, including churches, schools, and other buildings. This includes property maintenance, insurance, and compliance with relevant regulations.
- Risk Management: Identifying and mitigating financial risks to protect the Archdiocese’s assets and reputation. This involves developing risk management policies and procedures, conducting risk assessments, and implementing appropriate controls.
- Parish Support: Providing financial support and guidance to parishes within the Archdiocese. This includes assisting parishes with budgeting, accounting, and financial management.
- Fundraising and Development: Supporting fundraising efforts to generate revenue for Archdiocesan programs and services. This involves working with donors, managing fundraising campaigns, and ensuring compliance with fundraising regulations.
The Archdiocesan Finance Office is committed to upholding the highest standards of financial integrity and accountability. It operates with transparency and strives to ensure that financial resources are used effectively and efficiently to support the mission of the Church in Perth. The office is staffed by qualified professionals with expertise in accounting, finance, investment management, and property management.
In essence, the Finance Office serves as the financial backbone of the Archdiocese, ensuring its stability and enabling it to continue its vital work in the community. It is a critical component of the Archdiocese’s commitment to responsible stewardship and service.