Director of the Directorate
Galina Mladenova

Contact details:
102 “G. S. Rakovski” Str.
1040 Sofia, Bulgaria
telephone: 02/9859 2691

e-mail:  

Directorate's task

The functions of the Finance and Property Management Directorate are laid out in Article 15 of the Ministry of Finance’s Structural Regulations.

The Directorate assists Ministry's management in managing the budget resources of the Ministry, monitors compliance with financial and budgetary discipline as well as the proper and lawful use of financial resources. It takes care of safeguarding the Ministry’s property as well as of preventing any waste and misuse of funds and assets. The Directorate supports the management of the Ministry of Finance in the activities of property management, maintenance of equipment and transport. It organises the Ministry’s preparation for emergency situations caused by military and non-military factors. Monitors the implementation and carries out ongoing control on construction contracts. Jointly with the applicant units, it carries out ongoing control on payments under contracts to which the Ministry is a party. Assists the management of the Ministry in the activities related to the exercise of control on securities’ printing within the meaning of the Ordinance on the Rules and Procedure on Securities' Printing and Control. Plans, organises and conducts public procurement for the conclusion of contracts and/or framework agreements for the needs of the Ministry of Finance. Creates conditions for lawful spending of public funds.

Finance and Accounting Division

• Participates in the process of managing the Ministry's budget funds and monitors the observance of the financial and budgetary discipline;
• provides methodological guidance to second-level spending units as to the preparation of financial statements and reports on the budget's cash performance;
• Organizes and implements a unified accounting system under a full budget classification and under accounts in line with the requirements of the Accountancy Act, the Government Chart of Accounts and the applicable accounting standard;
• Prepares a draft budget and a three-year budget forecast of the Ministry according to the Unified Budget Classification as well as in a programme format;
• Prepares the interim and the annual financial statements and the reports on the cash performance of the budget of the Ministry's central administration as well as the consolidated financial statement and report on the cash performance of the Ministry's budget;
• In its capacity of a first-level spending unit analyses and approves the limits, and services the transit accounts of the second-level spending units to the Minister of Finance in the Single Account system.

Economic Activities Division

• Is responsible for the proper use and management of Ministry's immovable property - both public and private, including of Ministry's recreation centres and housing;
• Organizes and carries out Ministry's logistical supply with machinery and equipment, spare parts, stocks, organizational facilities, consumables and furnishings; coordinates and ensures the maintenance of hygiene, security and fire alarm systems;
• Is responsible for the maintenance of Ministry's motor vehicles as well as for the transport service of Ministry's officers;
• Develops and manages the plans and carries out the activities related to placing the Ministry and the administrative structures assisting the Minister in readiness for operation in wartime, in crises and in the event of natural disasters.

Control over Securities Printing Division

• Examines the applications for securities printing and suggests to the Minister of Finance or officials authorized by him to either approve or reject those;

• Exercises specialized control over securities printing, storing and flow by the time those are delivered to the issuer or the officials authorized by him. 

• system.

Public Procurement and Contracts Division

• Plans, organises and conducts public procurement for the needs of the Ministry of Finance. Ensures publicity and transparency in the conducting of public procurement, including through e-Procurement tools. Expresses opinions on lawfulness, prepares decisions, announcements, invitations, notices for collection of bids and documents under the Public Procurement Law in relation to public procurement for supplies, services and works. Organises and conducts public procurement procedures stemming from Framework Agreements concluded by the central purchasing body, concludes contracts and/or framework agreements, as well as additional agreements. Performs legal representation before the Commission for Protection of Competition and the Supreme Administrative Court in all cases related to public procurement for the needs of the Ministry of Finance.