The Objectives of the Unit
- To put in place and operate best financial systems and procedures which ensures the Agency is financially sustainable and addresses financial risks. 2) Ensuring goods and services are purchased a the right time to enable the Agency to deliver on its mandate.
These include:
- Accurate processing and recording of financial transactions;
- Maintenance of internal controls such as financial regulations, checking routines across the following functions;
- Payment of supplier invoices and stakeholders on time;
- Procuring goods and services in a compliant manner;
- Collection of income or debtors from all relevant sources;
- Compliance with Generally Recognised Accounting Practice (GRAP), Public Finance Management Act (PFMA) and Treasury Regulations; and SCM processes
- Cost – containment