Finance and Account Section

This Section will perform the following activities:-

• Coordinate matters related to finance, accounting and treasury management;
• Establish and maintaining the Authority's books of accounts in accordance with existing standards;
• Coordinate consolidation of the Authority monthly, quarterly and annual financial statements and reports for internal and external auditing;
• Ensure efficient monitoring of revenue collection and expenditure as per budgetary provisions and financial policies;
• Develop and review financial regulations and accounting manuals and coordinate their implementation;
• Ensure payroll, taxation and other statutory obligations are fully met;
• Ensure financial transactions are posted to Integrated Financial Management System (IFMS), in order to obtain the Authority's monthly, quarterly and annual consolidated financial statements;
• Monitor and control cash flow performance on matters related to financial investments and investment portfolio;
• Prepare, implement and update Accounting and Finance Standard Operating Procedures; and
• Participate in budget preparation.

This Section will be led by a Manager.