{"id":290,"date":"2021-10-07T14:21:10","date_gmt":"2021-10-07T14:21:10","guid":{"rendered":"https:\/\/ccb.gov.ng\/?page_id=290"},"modified":"2025-03-26T09:53:42","modified_gmt":"2025-03-26T09:53:42","slug":"finance-and-accounts","status":"publish","type":"page","link":"https:\/\/ccb.gov.ng\/?page_id=290","title":{"rendered":"Finance And Accounts"},"content":{"rendered":"

\n\t\t\t\t\tFinance and Accounts<\/h3>\n
HEAD OF DEPARTMENT<\/em> \u2013 Abdulsallam A. Adedokun<\/p>\n
STRUCTURE:<\/p>\n
There are three Divisions as follows:-<\/p>\n
Finance & Accounts<\/p>\n
Procurement<\/p>\n
Budget\/Funds<\/p>\n
FUNCTIONS<\/p>\n
\n
Provides Financial Services to the CCB<\/li>\n
Prepares Annual Budget for the CCB<\/li>\n
Submission and defense of the Budget at the Budget Office of the Federation and National Assembly<\/li>\n
Receipt and Distribution of Funds to Expenditure Units and State Offices<\/li>\n
Monitoring of Budget Performance<\/li>\n
Processing of all approved payments in the CCB<\/li>\n
Preparation and payment of salaries in the CCB<\/li>\n
Maintaining all the necessary and statutory books of Account.<\/li>\n
Prompt processing and payment of all approved personal advances<\/li>\n
Prompt retirement of Advances<\/li>\n
Prompt processing and payment of approved purchases and contracts<\/li>\n
Collection of Contributory Pension Deductions when salaries are paid<\/li>\n
Prompt rendition of Accounts of the CCB to the Office of the Accountant General of the Federation.<\/li>\n
Liaison with the OAGF, Budget Office of the Federation, Relevant Committees of the National assembly, CBN, FIRS, and other relevant bodies for funding matters of the CCB.<\/li>\n<\/ul>\n
Finance and Accounts Division<\/p>\n
ACCOUNTS DIVISION<\/p>\n
Salaries Section<\/p>\n
\n
Prepare and ensure prompt payment of salaries to staff<\/li>\n
Ensure that all deductions made from salaries are promptly remitted to appropriate beneficiaries<\/li>\n
Prepare Schedules of monthly Pension deductions to PENCOM<\/li>\n
Balances the personnel cost vote book on a monthly basis<\/li>\n
Ensures that members of staff are properly introduced to the payroll at the beginning of each year.<\/li>\n<\/ul>\n
Central Pay Office<\/p>\n
\n
Ensures payment to approved beneficiaries<\/li>\n
Takes Custody of security documents<\/li>\n
Remits taxes and other deductions to the appropriate authorities<\/li>\n
Implements the e-payment policy of the Government by submission of mandates to banks in hard and soft copies<\/li>\n
Maintains the Cash books of the CCB<\/li>\n
Receipts of Federal Government revenue<\/li>\n
Maintenance of cashbooks and other relevant registers<\/li>\n
Liaison with the Central Bank on behalf of the CCB.<\/li>\n<\/ul>\n
Checking Section<\/p>\n
\n
Checking to ensure that supporting documents accompany payment vouchers<\/li>\n
Checking to ensure that payments are duly entered into Vote Books and that there is a sufficient fund for such payments<\/li>\n
Checking payment vouchers for completeness, accuracy, correctness, and compliance with the Financial Regulations and Treasury Circulars.<\/li>\n<\/ul>\n
Advance Section<\/p>\n
\n
Ensure that advances (Motor Vehicles, spectacle, etc) granted to members of staff of the CCB are properly recorded<\/li>\n
Monitors retirement of advances granted to members of staff of the CCB.<\/li>\n
Renders return outstanding advances to the OAGF.<\/li>\n
Maintains the Advances Ledger for the recording advances granted to staff<\/li>\n
Process payment vouchers for all approved requests on advances\/loans personal and\/or non-personal, salary advances, spectacle advances, correspondences advance, etc.<\/li>\n
Final Accounts Section<\/li>\n
Preparation of transcript for the office of Accountant General of the Federation<\/li>\n
Preparation of monthly bank reconciliation statements<\/li>\n
Rendition of the OAGF accounts to the Consolidated Accounts department.<\/li>\n<\/ul>\n
Other Charges Section<\/p>\n
\n
This section controls the Overhead and Capital vote books of the Commission<\/li>\n
Prepares weekly balances of various accounts subheads<\/li>\n
Ensures that appropriate liabilities are taken for contract awards<\/li>\n
Raises payment vouchers for the payment of claims of staff of the CCB, Contractors, individuals, firms, Corporate Organizations, and Agencies<\/li>\n
Prepare expenditure returns for recurrent expenditure.<\/li>\n<\/ul>\n
Final Accounts:<\/p>\n
\n
Prepares transcripts of Accounts for onward submission to the office of the Accountant General of the Federation (OAGF)<\/li>\n
Ensures that the accounting codes and the new Chart of Accounts (COA) are implemented<\/li>\n
Provides the necessary records and materials for external auditors and OAGF to facilitate audit assignments.<\/li>\n
Reconciliation Section<\/li>\n
Preparation of monthly bank reconciliation statements<\/li>\n
Collects statements of accounts, both personnel, overhead, and Capital from banks maintained by the CCB.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"
Finance and Accounts HEAD OF DEPARTMENT \u2013 Abdulsallam A. Adedokun STRUCTURE: There are three Divisions as follows:- Finance & Accounts Procurement Budget\/Funds FUNCTIONS Provides Financial Services to the CCB Prepares […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"footnotes":""},"class_list":["post-290","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/ccb.gov.ng\/index.php?rest_route=\/wp\/v2\/pages\/290","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ccb.gov.ng\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/ccb.gov.ng\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/ccb.gov.ng\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ccb.gov.ng\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=290"}],"version-history":[{"count":26,"href":"https:\/\/ccb.gov.ng\/index.php?rest_route=\/wp\/v2\/pages\/290\/revisions"}],"predecessor-version":[{"id":1464,"href":"https:\/\/ccb.gov.ng\/index.php?rest_route=\/wp\/v2\/pages\/290\/revisions\/1464"}],"wp:attachment":[{"href":"https:\/\/ccb.gov.ng\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=290"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}