F&A Department is responsible for receiving, disbursing and accounting for the financial resources of the Commission.

OBJECTIVE

• To facilitate the Commissions operations through its financial and assets management functions and; to ensure that its statutory financial reporting obligations are met. The department is made up of three divisions: Salaries, Wages and Pension Management
• Final Accounts and Reconciliation
• Treasury and Expenditure Control

FUNCTIONS 

• Receives and lodges the Commissions revenue
• Effecting internal /external payments
• Reconciles bank accounts
• Prepares draft financial statements for audit purposes
• Controls expenditure against budget and funds availability
• Manages staff pension fund investments
• Makes statutory deductions of taxes and remits same to the relevant authorities
• Implements the Commissions financial policies
• Manages staff loans and advances

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