1.      The duties and responsibilities of the Budget and Finance Division are as follows:

1.1. Taking care for the implementation of legislation on public finances and responsibilities and other sub legal acts that regulate this field by taking all appropriate actions related to the Budget and Finances, for all Departments and organizational units of the Academy;

1.2. Formulation, proposal and justification of the budget as well as the implementation of the budget proposals;

1.3. Taking care of finances with supervision and follow-up of budget financial expenses;

1.4. Analytical preparation and follow-up of the annual budget of the Academy;

1.5. Ensures that the financial resources allowed by the Government are allocated efficiently and according to the priorities of the Academy that are in accordance with the objectives and priorities of the Academy;

1.6. Assistance in the efficient planning and realization of requests for the management of special funds - Donations for the Academy;

1.7. Assistance in the preparation of the dynamic Plan of monthly, periodic and annual expenses according to economic categories for each organizational unit and Department separately;

1.8. Managing with the evidence and the analysis of the expenses according to the economic categories and ensures that they are in harmony with the approved Budget and the Procurement Plan, and also continuously informs the Departments and other organizational units about the budget situation in the relevant Budget Program;

1.9. Drafting and implementation of the monthly and annual cash flow plan and allocations, expenditure commitments for all Departments and organizational units of the Academy;

1.10. Carrying out, maintaining and verifying the relevant evidence for all payments made by the Academy and periodic and annual expenses, as well as helps in planning the budget for the year and subsequent periods;

1.11. Reconciliation of the books of evidence of the Academy's expenses according to organizational units and Departments with the books of MFPT - Free Balance - respectively manages the relevant Programs related to the budget and finances;

1.12. Monitoring and execution of all financial transactions within the Academy, respecting the legislation in force;

1.13. Undertaking appropriate actions to correctly and timely settle all obligations towards partners within the legal term of 30 days and reporting on unpaid obligations;

1.14. Keeping records of requests and tracking the realization of invoices for obligations to suppliers according to economic codes, as well as analysis of expenses according to destinations and economic categories;

1.15. Drafting and submission to MFPT-Treasury the monthly, quarterly (3 months-period) and annual financial statements according to Departments and other organizational units separately as well as those of the Academy as a whole.

2.      The Head of the Budget and Finance Division reports to the Executive Director of the Academy.

3.      The Head of the Budget and Finance Division is also the Chief Financial Officer, who manages public finances in accordance with the legislation in force.

4.      The number of employees in the Budget and Finance Division is three (3).