Finance Management & Control
FMC
Finance Management & Control
Finance Management and Control (FMC) Department is responsible for all financial dealings of the Agency and provide advice to the Chief Accounting Officer on matters relating to finance. The department is headed by a Director who is responsible to supervise and coordinate all the activities in the department.
Functions
- Funds mobilization
- Staff and third-party payment processing
- Preparation of the annual budget
- Budget and performance monitoring
- Preparation of Annual Report/Financial Statements
- Remittances of statutory deductions (i.e. WHT, VAT, Stamp Duty, PAYE) to relevant agencies of government etc.
Structure
- Recurrent Unit
- Final Accounts Unit
- Funds Unit
- Budget Unit
Objectives
The Finance Management and Control is charged with keeping the financial and accounting records of the Agency in compliance with requirements of the enabling laws of Nigeria.