Introduction

NESPAK was formed in 1973, and the Finance Division was created in the same year. This Division is purely a service division and is not directly involved in the project management activities of the Company.

Scope of Services

The Division’s core functions and responsibilities encompass the following areas:

  • Core Services

    • Book keeping & Accounts (Local & Overseas)
    • Corporate & individuals' (Income & Sales) Taxation
    • Corporate budgets
    • Disbursements
    • E-Banking
    • Credit Line Management

  • Specialized Expertise

    • Internal/External and Third-Party Audits
    • Contributory Provident (CP) & Gratuity Fund Management
    • Union Negotiations
    • Insurance (Project & Employees)
    • Fixed Assets Management

  • Project Delivery

    • Preparation & Monitoring of Divisional Budgets
    • Government Audits, Leading to Interaction with the Cabinet Division as well as Public Accounts Committee of the National Assembly
    • Receivables Management/Cash Flow Forecasting & Monitoring
    • Management of the Welfare Fund Trust (Senior/Junior)
    • FOREX & Remittance Management

  • Advisory Support

    • Sundry financial matters
    • Financial Bid Evaluation
    • Financial Trainings