The department is led by Chief Accountant and performs the following functions:
Manage all matters related to Finance Management,
Facilitates the auditing of DIT books of accounts by both Internal and external Auditors and ensures that both Internal and External Audit queries are replied promptly and recommendations are implemented,
Involved in the designing and reviewing of accounting and Financial policies, procedures, controls and guidelines,
Ensures the application accounting policies, procedures and internal controls as stipulated in the Institute accounting manuals and financial regulations,
Establishes and maintain books of account or Computerised Accounting system in use and related record in accordance with the International Financial Reporting Standards (IFRS),
Prepare necessary documents for disbursements of funds;
Develop and operationalise DIT Financial regulations and Manuals;
Prepare budgets and periodic financial statements;
Facilitate various payments and salaries;
Manage payroll;
Manage assets;
Prepare and effect all authorized payments; and
Collect and manage revenues according to guidelines.