The Finance Division ensures to provide all financial related functions required to drive the Mission of the National Water Supply & Drainage Board while ensuring financial accountability and transparency. The Finance Division has the responsibility to introduce sound internal control system over their day to day operations through planning, organizing, accounting and controlling. Duty of Finance Division is to ensure that the NWSDB is governed and operated in the best interest of the NWSDB and its stakeholders in compliance within the regulatory framework. The initiation to implement the tailor made accounting system to the NWSDB has created the opportunity for timely recording and presenting of Financial Statements while catering to the requirements of IFRS and best practices. It is headed by the Addl. General Manager (Finance). Under his purview, there are two Deputy General Managers and Five Assistant General Managers to assist him with other Accountants.
Objectives :
To manage the funds efficiently and effectively while improving a sound financial system with accountability and transparency.
Key Functions:
• Financial operation & administration
• Treasury Management
• Financial Reporting & Compliance
• Financial planning, Budgetary controls and cost control
• Management Accounting
• Management of Special Projects
Financial Publications & Statements Click Here...... |
Finance Division consists of the following sections. The Chief Accountants supervise several sections where each section is headed by an Accountant.
Service | Responsible Chief Accountant |
Salaries & Wages/Loans & Subsistence | Chief Accountant (Salaries & Wages) |
Financial Accounting | Chief Accountant(Final Accounts) |
General Payments | Chief Accountant(O&M) |
Supplier Payments | |
Revenue & Collections | Chief Accountant( Capital Budget) |
Budgetary Control & MIS | |
Special Projects & Contract Payments | Chief Accountant (Projects) |
Fixed Asset Management | Chief Accountant (Stores & Inventory) |
Stocks & Inventory Management |
Photos: The newly renovated Finance Division was opened by Hon. Minister of Water Supply & Drainage on 09.01.2012. | |
![]() |
|
![]() |