About Finance Department
It is the role of the finance department to ensure timely and adequate provision of funds for the smooth running of the mining and processing operations. The department also monitors the costs and revenues of the business so at to attain desired profitability.
Key Services
Key Functions
Team
No Team Information Provided.
Finance Documents
ACCOUNTS PAYABLES MAINTANANCE FINP 2.21
This procedure covers the processing and payment of suppliers by Creditors accounts section.
ACCOUNTS RECEVABLE MAINTANANCE FINP 2.02
This procedure covers the management of both local and foreign debtors.
CASH BOOKS PROCEDURE FINP 2.03
This procedure covers the management and accounting for cashbooks for local and foreign currency banks and petty cash accounts.
COST ACCOUNTING PROCEDURE FINP 2.22
The procedure covers the accumulation, processing, analysis and reporting of all cost data against budgets.
PAYROLL ADMINISTRATION PROCEDURE FINP2.01
This procedure covers payroll preparation/processing, disposal of net pays and payables, update of option III with payroll costs and deductions and reconciliation of payroll related accounts by payroll accounts section.
INTERNAL AND EXTERNAL REPORTING FINP 2.19
This procedure covers costing of products, reporting company performance to management.
CUSTOMER COMMUNICATION PROCEDURE FINP 2.16
This procedure covers the internal communication network with internal customers.
DAILY BANK BALANCES MAINTANANCE FINW1 3.01
The work instruction cover the maintenance of cashbooks.
CASHBOOK MAINTENANCE RECONCILIATION FINWI 3.02
The work instructions cover the maintenance and reconciliation of cashbook.
ELECTRONIC FUND TRANSFER FINWI 3.05
The work instruction covers the disbursement of salaries to the employees.
OPENING CUSTOMER ACCOUNT FINW1 3.09
The work instructions cover the updating and maintenance of Customer Account.
RAISING SALES INVOICES FINW1 3.10
The work instructions cover the posting and maintenance customer sales invoices.
CAPTURING RECEIPTS FINW1 3.11
The work instructions cover the posting and maintenance of customer receipts.
CAPTURING CREDIT NOTES FINW1 3.13
The work instructions cover the posting and maintenance customer sales invoices
STORE SALES INVOICE AND REQUISITION FINW1 3.14
The work instructions cover the raising of customer store sales invoice.
EXTRACTING A DETAILED AGE ANALYSIS FINW1 3.15
The work instructions cover the extracting and maintenance of the Debtors age analysis.
FOREIGN STATEMENTS FINW1 3.16
This procedure covers the production of accurate monthly statements for export customers.