Accounts and Finance The Accounts department provides accurate, timely and conclusive financial reports of the society’s performance. The department’s main responsibilities include: Investments Payroll management Financial reporting Treasury management Tax compliance Budgeting and its management Asset management The Main Duties of the Accounts Department: Makes all payments relating to loans and any other Society payments. Prepares annual society budget with assistance of the Finance committee. Providing periodic report to the manager on the affairs of the cash balances. Reconciles all accounts to make sure that the bank and cash books are in agreement. Collects bank statements and any correspondences to and with the commercial banks. Carries any other duties connected with cash transaction as instructed by the senior manager. Compiles all society daily transactions and summarize all the work done in accounts covered by the employees from all departments. Tax Administration. Control all society cash transactions. Prepare cash summarizes and reports. Preparation of the society final accounts. Preparation of monthly financial management report. Prepares society financial quarterly reports for board of directors. Prepare quarterly economic performance report for the management.