The Finance Certifier is the only member of the Six Sigma Project team apart from the Project Lead that is selected by the Project Champion. This is because, it is the Project Champions responsibility to ensure that the financials of the Project are absolutely unbiased. Of late, finance certifiers have come under a lot of fire. This is because there are criticisms that the supposed cost savings recorded by the project, never actually materialize and in many organizations Six Sigma has become a loss making affair.
From an organizational point of view, Finance Certifier is present to ensure that the resources of the organization which are sanctioned under the belief that they will help meet long term strategic goals are not wasted. The role of Finance Certifier has been elaborated as follows:
Stage at Which Required
The Finance Certifier is involved with the project at the very beginning in the Define stage. This is where the budget for the Project is being created. The Finance certifier must collaborate with the Project Lead to create a budget for projects as well as justify them with a cost/benefit analysis. Although the job is to collaborate with the Project Lead, the Finance Certifier must be as critical of the report as possible.
The Finance Certifier is then required towards the end of the Project. Participation is required to validate the expenses done and benefits realised from the Project. Indeed, it is the Finance Certifier that declares the project a success or a failure.
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