Finance and Accounts Division
The Finance and Accounts Division (FAD) under the direction of the Principal Finance Officer is the main provider of financial management and accounting services to the Ministry of Industry, Commerce, Agriculture & Fisheries. Its primary goals are the planning, execution, recording and reporting of financial transactions to facilitate the implementation of the programmes of the Ministry, and the procurement of goods and services.
The FAD provides accounting services to the major divisions of the ministry, which are fully supported by the budget and also reviews/monitors some aspects of the financial management of all other departments and agencies for which the ministry has portfolio responsibility.
The work of the Division is executed by four distinct units, namely, Management Accounts, Accounts Payable and Payroll, Financial Reporting and Procurement.
In addition to these main units, the functions of monitoring, financial analysis and financial systems are the responsibilities of the Financial Analyst and the Financial Systems Manager, who report directly to the Principal Finance Officer.