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Housing Development Agency Act, 2008 (Act No. 23 of 2008)

22. Functions of chief financial officer

 

The functions of the chief financial officer include-

a) risk management of the Agency's projects;
b) assisting the Board with regard to compliance with its duties in terms of the Public Finance Management Act;
c) ensuring that money payable to the Agency is properly collected;
d) ensuring that there is adequate control over the assets acquired, managed or controlled by the Agency;
e) ensuring that the liabilities incurred on behalf of the Agency are properly authorised;
f) ensuring efficiency and economy of operations and avoidance of fruitless and wasteful expenditure;
g) ensuring that the financial system is in line with generally accepted accounting practices and procedures;
h) ensuring an adequate budgeting and financial system; and
i) to provide sound financial control systems for the Agency.