Welcome to our Sindh Trade Testing Board
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Accounts Department
Objective: Accounts at TTB Sindh play a vital role in managing the financial health of the board.
Responsibilities: Here are some key responsibilities
| Accounts Department – Objectives & Responsibilities | |
|---|---|
| Objective | Accounts at TTB Sindh play a vital role in managing the financial health of the board. |
| Accounts Payable | Managing all payments and expenditures, including purchase orders and invoices. This involves maintaining records, verifying journal entries, and ensuring timely payments to vendors & service providers. |
| Accounts Receivable | Ensuring the Board receives payments for services. This includes generating invoices, maintaining records, and following up on any payment discrepancies. |
| Payroll | Handling Work charges employee payments, including calculating wages, withholding taxes, and ensuring timely salary disbursements. |
| Financial Reporting | Preparing financial statements such as balance sheets, income statements, and cash flow statements. |
| Budgeting and Forecasting | Creating budgets and financial forecasts to help plan for future expenses and revenues. This helps in making informed business decisions. |
| Tax Compliance | Ensuring the business complies with all tax regulations, including filing tax returns and managing tax payments. |
| Financial Controls | Implementing internal controls to safeguard the company’s assets and ensure the accuracy of financial records. |
| Bookkeeping | Recording all financial transactions accurately and systematically to maintain up-to-date financial records. |
| Procurement | Evaluating suppliers, maintaining relationships, approving products, and ensuring the cost-effective procurement of materials & supplies. |
| Audit Management | Ensuring timely audit that the work runs smoothly and remains financially healthy. |