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Objectives of finance department

Updated: 9/15/2023
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11y ago

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These will include:

  • Processing of financial transactions
  • Recording of financial transactions
  • Maintenance of internal control procedures such as Financial Regulations, checking routines

across the following functions:

  • Payment of supplier invoices (including staff and student claims)
  • Payments to staff in respect of payroll and pensions
  • Collection of income from all relevant sources
  • VAT/Tax compliance
  • Insurance claims and cover
  • Financial administration of Research Grants and Contracts
  • Accounting for other sponsored projects
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11y ago
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