Finance and Accounting Department
The Finance and Accounting Department is a structural division of the Atameken National Chamber of Entrepreneurs of the Republic of Kazakhstan and reports to the supervising member of the Board or other officials according to the operating organizational structure.
The key tasks and functions of the Department are:
The main task of the Department is the financial management of the Atameken NCE RK.
The functions of the Department are as follows:
1) management of financial resources of the organization and regulation of financial relations arising between business entities, with a view to the most efficient use of all resources of the organization in the most efficient way;
2) development of the financial strategy of the organization and its financial stability, the draft annual budget and indicative medium-term, long-term and current financial plans, balance sheets and cash budgets; development of financial strategy of the organization, draft annual and indicative medium-term budgets, prospective and current financial plans, forecast balances and cash budgets;
3) bringing the approved financial indicators to the subdivisions of the organization;
4) Identification of funding sources for business activities of the organization, including lending, acquisition of securities, borrowing, and use of own funds;
5) Ensuring the timely receipt of income, execution of financial settlement and banking operations within the established timeframe, bill payments to suppliers and contractors, loan repayments, interest payments, wages to workers and employees, transfer of taxes and fees and other obligatory payments to the budget, pension contributions to pension savings funds, payments to the banks;
6) analysis of financial and economic activities of the organization, participation in the development of proposals aimed at ensuring the solvency of the organization, strengthening financial discipline;
7) monitor the implementation of the financial plan, a good expenditure of funds and the targeted use of own and borrowed working capital;
8) management of accounting and financial flow, preparation of reports on financial performance under the standards of financial accounting and reporting, the accuracy of the financial information;
9) control over the correctness of drawing up and execution of accounting documentation, timeliness of its external and internal users.
