This department is mainly involved in collection of revenue and allocation of funds to departments. The operations of finance are carried out in accordance with the Financial Acts, Memorandums as well as Public Procurement Act 2004 and Regulations.
The source of funds for Municipal Council are not only but mainly from Local revenue collections, grants from Central Government, grants from other donors and NGO's.
Due to its multiple responsibilities the department have been divided in subsection which are:
Apart from these, there are two divisions which work hand to hand with the department.These are Trade and Supplies.
Functions of Trade division
To make sure Business Acts of 1972 is properly followed.
To link between Small Entrepreneurs and Government.
To provide certificate of Business to Entepreneurs.
To make writeup about Business Plan.
To Provide Business Consultancy to stakeholders.
Responsibilities
Evaluating controls and advising managers at all levels
The Internal Auditor’s work includes assessing the tone and risk management culture of the organisation as well as evaluating and reporting on the effectiveness and efficiency of the implementation of management policies.
Evaluating risks
Internal Auditors identify key activities and relevant risk factors and assess their significance. Changing trends and business/economic conditions impact the way the internal auditor assesses risk. The techniques of internal auditing have changed from a reactive and control based form to a more proactive and risk based approach. This enables the internal auditor to anticipate possible future concerns and opportunities as well as identifying current issues.
Analysing operations and confirming information
Internal Auditors work closely with line managers to review operations then report their findings. The internal auditor must be well versed in the strategic objectives of the organisation, so that they have a clear understanding of how the operations of any given part of the organisation fit into the bigger picture.
Reviewing compliance
Compliance review ensures that the organisation is adhering to rules, regulations, laws, codes of practice, guidelines and principles as they apply individually and collectively to all parts of their organisation.
Driving Result
As make recommendations to improve the overall internal control environment and to improve the operational performance of the organisation as a whole.
