The Finance Department is responsible for preparation of the Budget and Financial Reports; liaising with Directors of other departments for budget planning and execution; monthly financial reporting including bank reconciliation; cash and credit transactions for the Institute on a daily basis; monthly financial reports to the Ministry; management accounts; maintaining special accounting procedures (e.g. Inventory register); establishing and maintaining contracting and procurement management procedures; coordinating with Directors for departments’ procurement needs; providing projections for future procurement needs for the Institute; ensuring value for money in all NISR financial transactions; ensuring all procurement rules are respected; and monitoring all external contracts for the Institute in conjunction with the Legal Officer of the institute.
To accomplish its mission, the Finance Department is headed by a director and is organized into the following three sections:
- Accounting (3)
- Budget Management (1)
- Secretary in Finance Unit (1)
Director of Finance