FINANCIAL SERVICES DEPARTMENT
Head of Department
Mr S.B. Nkosi is the Chief Financial Officer
The Budget and Treasury Office is responsible for providing financial services for the municipality including performing the budgeting, revenue colletion, accounting analysis, financial reporting, cash management, debt management, payroll, accounts payable, expenditure functions and supply chain management, risk management.
Management of the municipality is responsible for establishing and maintaining a system of internal controls designed to ensure that the assets of the municipality are protected from loss, theft or misuse and to ensure that adequate accounting data is compliled to allow for the preparation of annual financial statement in conforming with the Generally Recognised Accounting Practice (GRAP). The internal controls are designed to provide reasonable but not absolute, assurance that fraudulent and irregular transations will be detected by the controls.