OUR FINANCE

OUR FINANCE

This department is responsible for planning, organizing, controlling and monitoring financial resources with a view to achieve organizational goals and objectives.

The department encompasses the following key functions:

  • Financial Planning and Budgeting: Responsible for financial planning and preparing all sorts of budgets including annual, operational and project budgets for management, Board and donors’ approval.
  • Financial accounting: Responsible for record financial transactions to provide a summary of the business’s financial position.
  • Compliance to Agreements, Standards & Regulations: Responsible for compliance to donor contribution agreement, International Accounting Standards and other local regulations.
  • Financial Reporting: All sorts of financial reporting to the donors and government departments is done through this department.
  • Audits and Due Diligence: Facilitates all statutory and donor audits and due diligence.
  • Risk Management: Determines the financial risk involved in organizational expansion, the launch of new programmes or procurement of good/services and make recommendations to the management.

This department is housed both in the National Centre and regional Offices.

Leave a Reply

Your email address will not be published. Required fields are marked *