Finance Division

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 Rosalia Soriano blue-logo-denr copy

ROSALIA C. SORIANO
Chief, Finance Division

 

Finance Division

The Finance Division shall be headed by a Chief, Administrative Officer who shall be responsible in the formulation, determination, management and implementation of financial policies, programs and procedures of the region consistent with national budgeting and accounting rules and regulations.

 

 Budget Section

  1. Integration of budgetary proposal of the Region for submission to proper bodies;
  2. In coordination with Planning and Management Division, assist in the preparation and presentation of the Region’s budgetary proposal before higher management, DBM and legislative bodies;
  3. Provision of  technical assistance to subordinate budget units in the application and utilization of budgetary system;
  4. Preparation of annual financial plans based on the annual work plan of the Region;
  5. Ascertain that plans and programs are attained through sufficient and timely release and utilization of funds;
  6. Implementation of administrative and financial policies regarding allotments; 
  7. Preparation and submission of financial reports required by management and other pertinent agencies;
  8. Ensure that all financial transactions are in compliance with government rules and regulations;
  9. Performance of other activities as may be assigned by higher authorities.
 

Accounting Section

  1. Maintenance of basic and subsidiary accounting records and books of accounts to reflect accurate and current financial information as may be required by existing auditing rules and regulations;
  2. Ensure that all financial transactions are in compliance with government rules and regulations;
  3. Provision of  technical assistance to subordinate accounting units in carrying out accounting functions;
  4. Preparation and submission of financial reports required by management and other pertinent agencies;
  5. Implementation of  administrative and financial policies of the Region regarding expenditures;
  6. Performance of other activities as may be assigned by higher authorities.