Finance Division

Preparation of annual budget document.
Preparation of annual procurement plan
Preparation of Monthly Imprest Reports (Based on Annual Budget Provisions)
Preparation of annual financial statements in accordance with the provisions of the Finance Act No.38 of 1971 and forwarding such reports to the Auditor General.
Preparation of financial reports required for the General Treasury, line Ministry and Management activities at time to time
Updating of all accounts pertaining to the Finance Division
Maintenance of bank accounts systematically related to all transactions and preparation of bank comparison reports
Making of monthly pension payments and all other payments and bringing those to accounts
Investment of money obtained from subscribers in effective manner.
Preparation and submission of reports on fixed assets of the institution through conduct of annual stock verification surveys
Preparation of monthly salaries for the staff and preparation of relevant reports.
Providing formal and accurate information to the management in order to take the necessary decisions
Acceptance and banking of member deposits related to the pension schemes