1. Introduction
1.1. Finance & Accounts Functions
The Finance and Accounts Department is primarily responsible to keep proper books of Accounts with respect to: -
All sums of money received and expended by the company and the matters in respect of which the receipt and expenditure takes place;
All sales & purchases of goods by the company;
All assets of the company;
All liabilities of the Company
In pursuit of the achievement of corporate objectives and targets fixed, the Accounts Departments transacts all the company’s activities into financial terms, record it with accuracy, manage to provide requisite funds at minimum cost, place the surplus funds with the secured financial institutions in accordance with the approved policies of the Board of Directors and on overall basis acts as financial controller by establishing effective internal and budgetary controls.
