The sections and units in this departmemts are directly under the supervision of The Director Finance and Account. They include:
Its responsibilities include recording accounts, paying bills, tracking assets and expenditures, managing payroll and keeping track of critical tax documents.Their functions also includes preparing interim financial statements, in these interim financial statements, we can includes trial balance, revenue statement and balance sheet. Often these statements are prepared after three months.They also perform routine functions which includes: to record the transaction on the basis of invoice, bills and vouchers, keep bills and vouchers in safe place after including them in files, to collect and monitor debtors, to reconcile the bank statements inline with Treasury Single Account (TSA).
The Finance Department functions includes making investment decision, to intelligently allocate capital to long term assets. Financial and Liquidity decision is yet another important function which the finance departmet performs. But the most important function of the Finance department in SEDI-Enugu is to oversee the activities of Accounts, Audit and the financial aspect of every department in the institute.