Finance and Accounts Department

Headed by the Head of Finance, the key responsibility of the Finance department is to maintain reliable and up to date financial records, prepare quarterly financial reports following the international financial reporting standards and generally accepted accounting principles. Bandari SACCO by laws, policies, procedures and strictly monitor approved budget and report variances to management.

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Other duties include:

  • Financial reporting.
  • Budgeting and its management.
  • Payroll management.
  • Investments.
  • Asset management.
  • Tax compliance.
  • Treasury management.

The department has 5 personnel under the stewardship of the Head of Finance.