Finance
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The Strategic Priorities of The Department Are
1. Prepare NaFAA’s annual budgets for submission to the DG and Board of Directors for approval.
2. Prepare NaFAA’s annual financial reports for approval by the DG.
3. Remit to the government of Liberia on a quarterly basis the share of NaFAA revenue due to the government.
4. Ensure treasury management, with management of NaFAA’s accounts aiding the smooth implementation of budgeted activities.
5. Monitor and report at least weekly to the DG on NaFAA’s bank balances.
6. Reconcile NaFAA’s bank accounts on a monthly basis.
7. Manage monthly withholdings and remittances.
8. Ensure that all requirements and processes of the finance department are documented in a financial manual, which is adhered to by the department.
9. Migrate to and then adhere to International Financial Reporting Standards (IFRS).
10. Conduct annual compliance reviews to ensure that financial documents comply with internal policies and national applicable laws.