The main functions of the Finance Department of Longford County Council are to:
- Achieve the financial objectives of the Council’s Corporate Plan.
- Manage the financial affairs of the Council
- Ensure that adequate internal controls are in operation to safeguard the assets of the organisation, and ensure, as far as possible, the accuracy and reliability of the accounting records.
- Ensure as far as possible that value for money is achieved throughout the organisation
The Head of Finance, who reports directly to the Chief Executive, is responsible for the management of the financial affairs of Longford County Council. There are six sections within this Department, Finance General, Income Generation Unit, Motor Taxation, Accounts Payable, Control & Compliance Unit and Information Systems.
The Department has responsibility for:
- Financial & Management Accounting including preparation of Budgets and Annual Financial Statement.
- Quarterly Financial Reporting to Department of Housing, Planning & Local Government.
- Budgetary control.
- Financial reporting, back up and advice.
- Financial returns, internal & external.
- Management of long and short-term finances.
- Investment and borrowing.
- Creditors Payments through the Accounts Payable section.
- Development/improvement of financial systems.
- Insurance/Risk Management.
- Procurement Compliance though the Control & Compliance Unit
- Internal Audit
- Rents & Housing Loans
- Motor Taxation
- Information Systems