Preparation and processing of company payments: As per instructions, swiftly initiates the payment process by preparing payment instructions/vouchers for both internal and external clients, confirms budget and processes payment, also in compliance with UGAFODE process flows & IFRS.
Maintaining budgetary control: Conducts reviews (daily) and monitors/tracks budget performance and implementation for all payments drawn to or against the institution.
Reporting: Prepares several reports and reporting standards to enhance an effective and efficient management reporting and such reports may include statutory and non-statutory reports.
Documentation and filing: Ensures regular update of procedural documentation (procedures manual) in line with changes in operating processes for reporting and retrieval purposes especially regarding company payments.
Reconciliation: Conducts reconciliation as per plan for all payments and costs against approved budget.
Funding & investment Proposals: Supports with information through benchmarking and research across the market in the development, analysis and management of funding proposals to support the institution’s growth strategies from time to time
Compliance: Ensures adherence to UGAFODE internal, external as well as regulatory and best practices in the processing and management of company payments.
Verification of fixed assets: Conducts regular or as scheduled checks on all company property to ascertain value for money and support effective decision making i.e. related to insurance, depreciation and write-off.
Liquidity management: Provides support with liquidity advisory and control to management for guaranteeing compliance to liquidity levels against budget and internal cash at hand reserves across branches within UGAFODE (MDI).