ITS Finance Bureau delegation when receiving an award at the Surabaya I State Treasury Service Office (KPPN)

ITS Campus, ITS News — Institut Teknologi Sepuluh Nopember (ITS) managed to bring two proud achievements in the field of treasury and finance from the Ministry of Finance (Kemenkeu) RI through the Surabaya I State Treasury Service Office (KPPN). This award is proof of ITS commitment to becoming an institution with transparent and accountable financial management.

ITS won first place in two types of awards. The first award is ranked 1st as the Work Unit with the Best Performance in Completing Reconciliation of Financial Statements at the Budget User Authority Accounting Unit (UAKPA) Level for the 2024 Period. The second award is ranked 1st Best Work Unit for Achieving the Value of Budget Implementation Performance Indicators for Semester II Year 2024 in the PTN BH / BLU Satker category.

Head of the ITS Finance Bureau Diana Ekawati ST CMA revealed that the Ministry of Finance’s award is a government effort to encourage work units, including educational institutions to work optimally. According to her, this achievement aims to ignite institutional performance in managing budgets and being accountable for finances according to regulations. “This opportunity is a means of evaluation and transparency of budget management work units,” she explained.

Exploring the first award in more detail, Diana explained that ITS managed to outperform the reconciliation of internal budget reports. Simply put, added Diana, reconciliation is the process of harmonizing an institution’s budget report with the source documents of KPPN Surabaya I. “This data alignment is carried out every month with ten financial document requirements met,” explained the alumnus of the ITS Industrial Engineering Department.

Head of ITS Finance Bureau Diana Ekawati ST CMA explained the success of ITS in obtaining two outstanding achievements from the Indonesian Ministry of Finance.

As for the second award, Diana explained that this award evaluates the quality of budget implementation performance based on four parameters. Namely parameters on planning, effectiveness of budget implementation, efficiency of budget implementation, and compliance with regulations. “Later, the assessment will be reviewed based on predetermined performance indicators,” she said.

Diana continued, the performance indicators include the revision of the Budget Implementation List (DIPA), deviation changes, budget absorption, shopping contract list, and bill fulfillment. In addition, management and additional supply money, dispensation of Pay Order (SPM), and budget achievements are also aspects that will be reviewed.

This Surabaya-born woman continued, the assessment of these indicators will be processed into two supporting values. Among them are the value of Budget Performance Evaluation from the Integrated Monitoring and Analysis System (SMART) Application and the value of the Online Budget Implementation Performance Indicator Monitoring State Treasury and Budget System (OM-SPAN). “With a weight of 60 percent and 40 percent respectively, then processed into the final value, namely the Budget Performance Value,” said Diana.

He underlined that these two ITS achievements are a solution step because they can be a benchmark for ITS performance in managing the budget better. Not only that, this achievement is also in line with the mandate and objectives of ITS in improving aspects of compliance with applicable regulations. “Hopefully this regulatory compliance culture can become a good work cycle for ITS in managing finances transparently,” Diana hoped.

ITS successes and achievements are in line with the Sustainable Development Goals (SDGs) 8 program, namely decent work and economic growth. ITS compliance with regulations is an ITS effort to create a good working environment for workers and institutions. In addition, this commitment is evidence of ITS providing information disclosure to the public. (ITS Public Relation)

Reporter: Hibar Buana Puspa