Elements and Performance Criteria
- Manage cash in a development or humanitarian assistance context
- Manage cash security in accordance with relevant policies and procedures of the organisation and/or program
- Determine quantity of cash required for an identified purpose in a development or humanitarian assistance context
- Ensure cash security is maximised through the use of physical and non-physical barriers
- Ensure cash management processes reflect the concepts and principles of aid effectiveness and community development
- Conduct conversion to local currency as securely as possible
- Communicate with relevant personnel as required to ensure cash security is maximised on delivery to field locations
- Facilitate safe transport of cash
- Ensure cash transport arrangements are in the hands of a limited number of trusted personnel
- Vary cash transport routines to mitigate risks
- Ensure cash transport plans are securely communicated to field personnel charged with cash disbursement
- Determine and obtain adequate levels of insurance
- Document and approve cash transport plans, including contingency plan
- Manage currency exchanges
- Carry out international and local currency exchanges in accordance with guidelines and procedures of the organisation and/or program
- Where cross border financial transfers occur, monitor fluctuations in currency values to ensure appropriate funding is available, adequate cash is maintained on hand and budget constraints are adhered to within donor or organisation required (or preferred) currency