Prepare all financial statements and disbursement of funds in the department.
Financial Planning and Budgeting
This department consists of two units:
1.Expenditure
2.Income
Functions of The Department
The finance department is responsible for the establishment and maintenance of sound financial management system in accordance with appropriate financial regulations
Ensures that appropriate financial regulations and controls are in place and in use at all times.
Its advice the Registrar on proper allocation of resources and compliance with all relevant financial regulations.
Ensure that all financial reporting obligations are met in relation to submissions for funding and any other initiatives.
It makes regular reports to the Registrar on income expenditure with Board’s financial regulation
Maintains complete and accurate accounts and records of the Board’s financial regulation
Maintains complete and accurate accounts and records of the Board’s f assets liabilities revenues expenditures and other commitments
Support the Registrar in the provision of information for decision making by the Board.
Ensure that all finances are properly administered and monitored
Prepare reports and financial statements for the Board as determined by the relevant financial regulations.
Reconcile monthly all the Board’s bank accounts
Provide assistance and information during the annual audit of the financial statements.