What are the roles of the Accounting and Finance Department?

The roles of the Accounting and Finance Department are :

• The conduct of the company's finances to ensure the regular financing operations and investments necessary to the proposed development,
• Track all the expenses and revenues in order to avoid financing impasses,
• Participation in decisions on the volume and structure of assets,
• Obtaining the necessary resources,
• Management of planning,
• Management of planning system,
• Resource management,
• Management of information system,
• Management of cash,
• The control of information,
• The exploitation of financial statements,
• The business risk management,
• Budget management,
• The coordination between the different services,

Ensuring Financial soundness.

Financial planning.

Exerting Financial strength & competitivenes.

Tax assessement

Balancing equity & debt

Ensuring accuracy, completeness & timeliness if financial statements or reports.

Ensuring proper accountability & resoure (money) allocation

As the primary role of accounting department to prepare financial statements of an entity , other roles for financial accounting, Management accounting, & cost accounting are to assist Management in decision making by provide various information & studies in timely manner.