Finance Department
OBJECTIVE |
|
To manage Authority's financial resources in compliance with Finance Act and other relevant financial standards in order to achieve efficient utilization of the Utility's financial resources |
|
FUNCTIONS OF FINANCE MANAGER |
|
To ensure Authority's financial resources are properly safeguarded and accounted for according to the. relevant Finance Act and other relevant Financial Standards |
|
To coordinate the preparation and implementation of annual budget. |
|
To account for the utilization of Authority's moneys |
|
To ensure preparation of financial reports |
|
To ensure effective management stocks |
|
To coordinate the valuation of Authority's assets |
|
Mobilization of financial resources |
|
To coordinate activities relating to statutory financial audits |
|
To advise Managing Director on financial matters |
|
LIST OF SECTIONS |
|
Accounts Section |
|
Supplies Section |
|
FUNCTIONS OF ACCOUNTING SECTION |
|
To receive collections through cash/cheque/electronic |
|
To safeguard Authority's moneys according to Finance Act and Financial |
|
To verify all payment requests to ensure they are properly supported and |
|
To prepare financial reports |
|
Proper banking of all moneys and carrying out bank reconciliation |
|
Custodian of accountable documents (cheque books, receipts Local Purchase Orders) |
|
FUNCTIONS OF SUPPLIES SECTION |
|
Receipt and safeguard materials of the Authority |
|
Issue of materials according to the laid down material requisition |
|
Maintaining stock level and observe reordering levels |
|
To coordinate annual stock taking |
|
Identification of obsolete and redundant materials for disposal |
|
Preparation of relevant stock reports |