NSIWC With Equity – Efficiency – Opportunity
NSIWC
Welcome to Finance & Accounts Department

NSIWC With Equity – Efficiency – Opportunity
The Department is responsible for the custody of receipt, disbursement, and accounting for all monies received and expended by the Commission.
The main functions of the Department among others can be summarized as in the following:
The Department comprises of two Divisions namely:
The Finance Division comprises of the Funds Section. The Division among others handles the preparation of the Commission’s Capital and Recurrent Budget. It also handles the issuing of AIEs following the release of cash backing of expenditure warrants etc.
The Budget Division maintains the books of accounts and records and prepares statutory returns for the rendition of accounts for the funds expended by the Commission. Such returns include but not limited to expenditure returns, transcripts of accounts and bank reconciliation statements, etc. The Accounts Division comprises the Central Pay Office (CPO), Other Charges, Salaries, Final Accounts, Advances, Checking, Bank Reconciliation, and Pension Accounts Sections all co-ordinated by the Chief Accountant.