Mandate
The Department of Finance is responsible for managing financial resources to ensure the efficient execution of various programs. Furthermore, it plays a key role in supervising commercial and business development services and overseeing stores management. The department is dedicated to carrying out the following specific functions:
Responsibilities
- Prepares and submits financial management reports to ensure compliance with regulations and support informed decision-making.
- Develops and implements internal controls to promote transparency and accountability in the use of financial and material resources.
- Collects and manages levies, tariffs, tolls, vehicle licensing fees, and other revenues to protect public resources and support the budget.
- Maintains expenditure and commitment ledgers to ensure proper utilisation of public funds.
- Conducts research to identify and establish new business ventures.
- Oversees the provision of hospitality and other business services.
- Accounts for assets to safeguard public property.
- Prepares and submits annual audited accounts to inform decision-making.
- Manages stores efficiently to ensure proper inventory control.
- Implements risk management strategies to minimise potential losses.
- Handles payroll management for staff effectively.