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<span>Financial</span> Department Financial Department

Financial Department

The financial department performs the following tasks:

  • It is concerned with managing the company's financial affairs and financial reporting on economic events occurring as a result of the company's current activity and according to the loans, principles, standards and accounting systems issued.
  • Presenting the financial statements and final accounts and their accompanying statements and specialized financial reports, provided that they are of the same quality recognized by their accountants.
  • The process of disbursing, seizing and fixing all financial dues resulting from the performance of the company and its delivery, or receiving it from the concerned authorities inside and outside Iraq, according to the laws, regulations and instructions in force, provided that the periods and timelines are taken into account.
  • Securing the necessary cash money for the continuity of the company's activity and following up and matching its balances with the relevant banks.