Finance and IT

Finance and IT

SMC’s Finance and IT Division is headed by the CFO of the company and is supported by Manager, Budget and Accounts, IT Manager and several Accounting, Finance and IT officers and Executives. The Finance department has the sole responsibility for ensuring proper recording and maintenance of all accounts within the company following standard accounting practices and procedures. It is also responsible for the proper management of company investments ensuring maximization of return and minimization of risks. It provides regular feedback to the management through monthly financial statements and ensures full transparency in reporting. It is committed to digital record keeping and protecting disclosure and maintenance of a commendable financial reporting.

The CFO also oversees the functions of an expanded IT unit and ensures that it provides adequate and timely IT support to all departments. All transactions of the financial, sales and inventory data are processed centrally as part of a robust Integrated Management Information System.