Water And Sanitation Agency Faisalabad
Directorate of Finance
Creates & maintains an effective financial management system
Responsible for directing, guiding & controlling the financial, revenue & accounting affairs
Establishes and maintains a system of internal controls & checks governing the allocation and use of funds, implements & manages to safeguard the assets & funds of the agency
Responsible for negotiations with financial institutions & agencies for arranging loan, borrowings, overdrafts and advances required by WASA
Approves all financing agreements with bankers, contractors & suppliers
Ensures that all collections & payments are properly recorded, handled & accounted
Coordinates & implements approved integrated short & long plans & budgets of WASA
Determines the financial resources required to meet FDA WASA’s operating programs
Establishes standards of presentation of financial statements
Ensures monthly, quarterly, bi-annual annual financial statements and prepares brief analytical reports on such statements Directs proper maintenance of up-to-date statistical data & recorded water sewerage connections, operating cost, overheads, inventories