Financial Policy Development:

• Develops and implements financial policies, procedures, and controls in accordance with accounting standards and regulatory requirements.
• Ensures adherence to established financial protocols to safeguard the integrity and transparency of financial operations.

Budget Management:

• Prepares and manages the organization’s budget and financial plans, aligning financial resources with strategic priorities and operational needs.
• Monitors budget performance and variance analysis to optimize resource allocation and achieve financial objectives.

Financial Reporting:

• Oversees financial reporting activities, including the preparation of accurate and timely financial statements and analysis.
• Provides management with comprehensive financial insights to support decision-making and planning processes.

Resource Management:

• Manages financial resources effectively, including revenue collection, payment processing, and treasury functions.
• Implements robust financial controls to mitigate risks and ensure the prudent use of funds.

Regulatory Compliance:

• Ensures compliance with all relevant rules and regulations governing financial operations, including taxation, procurement, and reporting requirements.
• Collaborates with external auditors and regulatory bodies to facilitate audits and maintain compliance with financial regulations.

Financial Advisory Services:

• Provides financial advice and support to other departments and directorates within NSIB, guiding strategic initiatives and operational decision-making.
• Offers expertise on financial matters to optimize resource utilization and enhance financial sustainability.

Additional Duties:

• Undertakes any other duties as assigned by the Director-General/CEO, contributing to the overall effectiveness and efficiency of the NSIB’s financial management functions.