| Accounts Payable: |
Managing all payments and expenditures, including purchase orders and invoices. This involves maintaining records, verifying journal entries, and ensuring timely payments to vendors & service providers. |
| Accounts Receivable: |
Ensuring the Board receives payments for services. This includes generating invoices, maintaining records, and following up on any payment discrepancies. |
| Payroll: |
Handling Work charges employee payments, including calculating wages, withholding taxes, and ensuring timely salary disbursements. |
| Financial Reporting: |
Preparing financial statements such as balance sheets, income statements, and cash flow statements. |
| Budgeting and Forecasting: |
Creating budgets and financial forecasts to help plan for future expenses and revenues. This helps in making informed business decisions. |
| Tax Compliance: |
Ensuring the business complies with all tax regulations, including filing tax returns and managing tax payments. |
| Financial Controls: |
Implementing internal controls to safeguard the company’s assets and ensure the accuracy of financial records. |
| Bookkeeping: |
Recording all financial transactions accurately and systematically to maintain up-to-date financial records. |
| Procurement: |
evaluating suppliers, maintaining relationships, approving products, and ensuring the cost-effective procurement of materials & supplies. |
| Audit Management: |
Ensuring timely audit that the work runs smoothly and remains financially healthy. |