Finance and Accounts




Finance and Accounts provides accounting and management information and other financial services to the Authority.

It ensures that financial regulations are adhered to in the areas of staff training, salary, vote, budgeting and other expenditure within the Authority.

 The Directorate of Finance and Accounts, herein after referred to as DFA, has two main Departments:



  • Preparation of Annuals Accounts and Reports

  • Preparation of monthly, quarterly and annual Management Reports

  • Processing of payments to contractors

  • Processing of staff claims

  • Preparation of payroll and payment of salaries and wages

  • Debt collection and recovery, and maintenance of debtors statement of account

  • Bank reconciliations

  • Maintenance of an efficient and effective cash management system through the preparation of weekly cash flow positions and monthly cash forecast/projections

  • Receipt and Issuance of Store items

  • Investment appraisal for optimal returns

  • Maintenance of an effective fixed assets register

  • Preparation and implementation of an effective budgetary system

  • Administration/ Management of Insurance Policy to safeguard the assets of the Authority and to minimize any financial loss

  • Ensuring the correctness and accuracy of all financial transactions and records through an efficient system of internal checking and control

  • Liaising with external auditors for the Auditing of the Authority‚Äôs annual accounts and reports

  • Liaising with inspectors and auditors from the office of the Auditor General of the Federation on investigations and routine audits.