Responsibilities of the Finance Department
-
- Preparing the Municipality's general budget and following up on the detailed budgets of all municipal departments and units.
-
- Monitoring the execution of budget items, and preparing and approving transfers and amendments between budget items.
-
- Applying the Municipality's financial and accounting system.
-
- Financial oversight of contracts, agreements and project implementation, and follow-up with funders.
-
- Managing the various bank accounts, organizing payments, safeguarding revenues and performing bank reconciliations.
-
- Monitoring the soundness of the Municipality's financial position and the availability of cash to meet its financial obligations.
-
- Studying and analyzing the Municipality's costs and proposing accurate pricing policies for its services.
-
- Preparing employee salaries and all related financial transactions.
-
- Preparing periodic financial reports and final statements, analyzing financial variances and their causes, and preparing and tracking financial indicators on the Municipality's performance.