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UDRCA Agency » Finance

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Finance

It is responsible for financial management policy, resource mobilization, disbursement, financial accounting and reporting. It is also responsible for managing the finances of the United Development And Relief Commission For Africa Headquarters.

    It consists of the following units:

    Financial Analysis and Reporting

    Financial Management Services

    Accounts

    Staff Salary

    Contract Payments

    Staff Car Revolving

    Treasury

    Objectives

    To safeguard the interest of the United Development And Relief Commission For Africa in all financial transactions relating to revenue and expenditure.

    To mobilize and disburse financial resources and provide/generate reports for management control.

    Facilitates the implementation of efficient financial management systems.

    Responsibilities

    Accounts

    Processes Headquarters' transactions for Government of Togo

    Prepares financial and management reports for United Development And Relief Commission For Africa operations.

    Assist Regulatory & Statutory Agencies of United Development And Relief Commission For Africa with their Financial Management responsibilities.

    Provision of Financial Information

    Prepares Financial and other statements of accounts for external purpose.

    Maintains Financial Information for management use for control purposes.

    Advice and support management in meeting their regulatory obligations in respect of financial accountability.

    · Leads in the development and implementation of accounting systems.

    Advises on information systems to meet the financial requirements of the United Development And Relief Commission For Africa.

    Business Analysis and Measurement

    Assists in the planning and monitoring of United Development And Relief Commission For Africa's performance

    Advises management for the control of expenditure and monitors the budgets.

    Statutory Audit

    Prepares for and control the statutory audit process.

    Develops plans for monitoring and implementation of Audit findings.

    Asset Management

    Promotes growth in the United Development And Relief Commission For Africa's financial and physical asset.

    Monitors and maintain the United Development And Relief Commission For Africa's cash flow requirement.

    Advises and assists the United Development And Relief Commission For Africa in controlling and investigating risks associated with fraud.

    Ensures judicious use of funds.

    Management Operation

    Establishes and maintains safe, secure and healthy working environments.

    Develops and maintain effective and ethical relationships amongst all finance staff.

    Assists the HRD to ensure adequate Accounts staff, establishment for all agencies of United Development And Relief Commission For Africa.

    Prioritizes on-going personnel and professional development of finance staff.


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