📊 Accounts Division - MUSSD
Fund management in accordance with government rules & regulations. Operating Measurement Units, Standards & Services Fund.
Division Functions
Collecting all cash and cheque receipts
Managing and recording all incoming financial transactions and payments to the department.
Recording income of stamping
Maintaining accurate records of all stamping-related revenue and financial documentation.
Managing all payments
Processing and authorizing all outgoing payments in compliance with financial regulations.
Payroll Management
Overseeing employee compensation, deductions, and compliance with establishment codes.
Procurement Activities
Managing acquisition processes in accordance with procurement manuals and guidelines.
Budgeting
Developing, monitoring, and managing the department's budget allocation and expenditures.
Stores Management
Overseeing inventory control, storage, and management of departmental assets.
Investment Management
Managing department investments in compliance with treasury circulars and regulations.
Preparing Final Accounts
Compiling and finalizing annual financial statements and reports.
Fixed Assets recording
Maintaining comprehensive records of all fixed assets and their depreciation.
Respond to Audit Queries
Addressing and resolving all inquiries from internal and external audit teams.
📋 Regulatory Compliance
The Accounts Division operates in strict compliance with government rules and regulations including:
- ✅ Financial Regulations
- ✅ Establishment Code
- ✅ Public Administrative Circulars
- ✅ Treasury Circulars
- ✅ Procurement Manual & Guidelines
- ✅ Other Government Circulars
The Accounts Division plays a vital role in the fund management process of MUSSD