The Finance Department oversees budgeting, financial reporting, accounts management, payroll, forecasting, tax filing, and audits. It manages vendor payments, collects receivables, and ensures employee compensation. The department also handles capital expenditures, financial training, and development, while maintaining partnerships with banks, software providers, auditors, and legal firms. It integrates and secures financial systems, adhering to strict policies for reporting, budgeting, asset management, and compliance.
Utilising integrated financial systems, and maintaining partnerships with banks, software providers, and legal firms. Adhering to the highest standards in financial reporting, budgeting, asset management, and compliance. Key policies include revenue recognition, payroll, debt management, and tax compliance.
Training encompasses accounting software mastery, financial regulations, advanced analysis, risk management, taxation, budgeting, leadership skills, ethical practices, digital innovations, and effective communication. Includes in-house training, external workshops, online courses, conferences, and certification programs.
Performance is assessed through regular evaluations, KPI tracking, and feedback mechanisms. This includes monitoring financial accuracy, efficiency, compliance, and the effectiveness of training programs. Regular audits and reviews ensure adherence to policies and standards.
The department ensures transparency through regular financial reports, stakeholder meetings, and updates on budgeting and expenditures. Utilizes digital platforms for real-time updates and maintains open channels for queries and feedback, ensuring all stakeholders are informed and engaged in financial matters.
