Objectives Path

Duties and Responsibilities of the Accounts Department

• Financial Record Keeping

1. Maintain accurate and up-to-date records of all financial transactions.
2. Ensure proper documentation and filing of receipts, invoices, and payment records.

• Budgeting & Forecasting

1. Assist in preparing annual budgets and financial forecasts.
2. Monitor budget performance and report variances.

• Accounts Payable & Receivable

1. Process vendor payments, staff reimbursements, and other disbursements.
2. Issue invoices, track receivables, and follow up on outstanding payments.

• Asset & Inventory Management
• Track and manage the organization’s financial and fixed assets.
• Monitor depreciation, asset value, and disposal procedures.