The Role of Financial Managers’ Technical Competencies in Optimal Budget Allocation in Executive Agencies: A Case Study of the Human Resources Sector in Culture and Media

Subject Areas : Human resource management

Ebrahim Rasam ¹ , رسول یاری فرد ^{2 *} , hoshang amiri ³

1 - 1- Ph. D Student in Accounting, Persian Gulf International Branch, Islamic Azad University, Khorramshahr, Iran.
2 - 3- Professor of Accounting, Department of Accounting and Management, Shahab Danesh University of Qom, Qom, Iran.
3 - 2- Assistant Professor, Department of Accounting, Abadan Branch, Islamic Azad University, Abadan, Iran.

Received: 2025-02-28 Accepted : 2025-03-16 Published : 2025-10-15

Keywords: Technical competencies, financial managers, budget allocation, executive bodies, culture and media,

Abstract :

 

Optimal budget allocation in executive agencies, particularly within the cultural and media sectors that face limited resources and political complexity, holds special importance. Inefficient budget management leads to resource wastage and reduced program effectiveness. This study aimed to examine the role of financial managers’ technical competencies in achieving optimal budget allocation in public organizations operating in culture and media. This research follows a descriptive–correlational design. The statistical population included 250 financial managers in cultural and media executive bodies, from which a random sample of 150 was selected using Cochran’s formula. Data were collected through a standardized questionnaire validated by experts, with reliability confirmed by a Cronbach’s alpha of 0.87. Data were analyzed using descriptive statistics, Pearson correlation, and multiple regression in SPSS version 26. The findings revealed positive and significant correlations between all dimensions of financial managers’ technical competencies—including financial knowledge, understanding of account nature, accounting knowledge, and familiarity with financial laws and standards—and optimal budget allocation (p < 0.01). Regression analysis showed that these variables collectively explained 69% of the variance in budget allocation, with knowledge of financial laws and standards (β = 0.35) having the greatest effect. Accordingly, financial managers’ technical competencies play a crucial role in improving budget allocation efficiency. Investment in training and capacity building for financial managers can prevent resource wastage and facilitate the achievement of organizational strategic goals. These results align with previous research and emphasize the importance of human capital in financial management within the public sector.

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