Functions Of Finance Department

• 1. Responsible for accounts receivable and tracking as well as accounts payable, and process salaries.
• 2. Controls treasury , receive cash and issued financial receipts and also disburse payment and keep the journal and book of primary entry.
• 3. Administer annual budget throughout financial fiscal year in accordance with the public finance laws and regulations.
• 4. Prepare and submit financial reports related to the performance of financial activities.
• 5. Management of MOP’s cash flow.
• 6. Manage non oil revenue in accordance with the public financial laws and regulations.
• 7. Assist MOP’s Management with necessary financial information for decision making.