Finance Group Sample Clauses

Finance Group. The Programme comprises four main components; namely, Finance, Supply Chain Management, Information Technology Services and Engineering and Maintenance Services. The programme provides a support service and creates an enabling environment to all other divisions within Mintek. Finance Division provides a broad range of different services to meet corporate, statutory, and compliance requirements. They provide transactional, administrative and professional services to the business, and deliver financial and management reporting and value add decision support. The main activities of the division include: budget control, internal control management, revenue and expenditure management and accounting system management. The division will amongst others focus on the following:  Further improvement of efficiency and turnaround times in processing of routine transaction through use of technology;  Provision of planning and decision support to create value for Mintek through automation of monthly reporting; and  Enhancement of processes to strengthen internal controls. Information Technology Services (ITS) ensures that Mintek‟s IT infrastructure and systems remains available to Mintek‟s users. Typical IT-related processes and functions include backing up of data, virus protection, providing remote access to mobile users, internet access, office utilities (e.g. word processing and spreadsheets), and electronic mail. The ITS division also provide support for specialised systems, including SAP (ERP system) and LIMS (laboratory information management system). During the year, ITS will be working on the following projects, some of which are carried over from the previous year:  Increasing the value of Mintek‟s SAP system to business through: – Implementation of Employee Self Service – Development of new SAP Business Warehouse reports  Establishment of a high availability data centre Development of various SharePoint based processes, e.g. SHEQ management, document and records management;  Implementation of System Centre Operations Manager for improved monitoring and management of Mintek‟s ICT infrastructure; and  Server virtualisation and virtual LAN infrastructure establishment. Mintek‟s ITS Section is in the process of refining ICT governance processes as required by the Department of Service Administration‟s Corporate Governance of ICT Framework. This also requires the previously established IT System Master Plan to be reviewed and enhanced in order for the new IC...
Sample 1
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Finance Group. The finance group considers the strategic development of finance arrangements in the Partnership. The Finance Group identifies the pattern of spend of the budget, advises the Board on the financial performance and requirements of delivering to targets. It advises the Board on budget requirements and on action required in respect of control of the social care budget. The Finance Group reports to the Integration Development Board.
Sample 1
Finance Group. The Programme comprises four main components; namely, Finance, Information Communication Technology, Engineering and Maintenance Services and Supply Chain Management. The programme provides a support service and creates an enabling environment to all other divisions within Mintek.
Sample 1
Finance Group. The Finance Group comprises four main components; namely, Finance, Information and Communications Technology, Engineering and Maintenance Services and Supply Chain Management. The Group provides a support service and creates an enabling environment for all other divisions within Mintek.
Sample 1

Related to Finance Group

  • FINANCE 3.1 This contract is conditional on the Buyer obtaining approval of a loan for the Finance Amount from the Financier by the Finance Date on terms satisfactory to the Buyer. The Buyer must take all reasonable steps to obtain approval.

  • Financial Management (a) The Recipient shall ensure that a financial management system is maintained in accordance with the provisions of Section 2.09 of the Standard Conditions.

  • Premium Finance In arranging premium finance, we act as a credit broker to provide you with a premium finance facility which is designed solely for the purposes of facilitating a loan for repayment of insurance premiums. We will only provide you with information about this payment option on a non-advised basis from which you will need to make your own decision as to the suitability of this facility and whether you wish to proceed. Where we arrange premium finance on your behalf, we are remunerated for our assistance in putting this financing in place. We can provide details of our remuneration on request. When arranging premium finance your premium finance provider may undertake an enquiry with credit reference agencies who will add details of the search and the application to their record about you, whether or not the application proceeds. Further details will be provided when an application for finance is made. Insurers own credit facilities may also be available if appropriate. Where you pay your premium by instalments and use a premium finance provider, if any direct debit or other payment due in respect of the credit agreement you enter into to pay insurance premiums is not met when presented for payment or if you end the credit agreement we will be informed of such events by your premium finance provider. If you do not make other arrangements with us or your premium finance provider to pay the insurance premiums you acknowledge and agree that we may, at any time after being so informed, instruct on your behalf the relevant insurer to cancel the insurance (or, if this occurs shortly after the start or renewal of the insurance, to notify the insurer that the policy has not been taken up) and to collect any refund of premiums which may be made by the insurer. If any money is owed to the premium finance provider under your credit agreement or if they have debited us with the amount outstanding, we will use any refund received to offset our costs. You will be responsible for paying any remaining time on risk charge and putting in place any alternative insurance and / or payment agreements you need. You also agree that we may hold to the order of the premium finance provider any claims monies due to you in the event that you are in default of your credit agreement.

  • Financial Management Services ‌ Definition: Financial Management Services includes the planning, directing, monitoring, organizing, and controlling of the monetary resources of an organization. Examples: Service areas that are included under the Financial Management Services discipline include, but are not limited to the following:

  • Financial Monitoring City staff shall monitor, review, and evaluate the financial procedures of the Subrecipient through documents submitted to the City and on-site monitoring. The Subrecipient shall provide and make available to the City such reports and records that will be necessary for a proper financial evaluation. With reasonable notice being given to the Subrecipient, the City may schedule at least one on-site visit and other visits that may be needed during the course of this Agreement.

  • Fiscal Management Grantee must have accounting and internal control systems to ensure proper management of federal and state funds, maximize non-federal resources, and maintain solvency. Xxxxxxx’s accounting and internal control systems must meet the following requirements:

  • Financial Management System Subrecipient shall establish and maintain a sound financial management system, based upon generally accepted accounting principles. Contractor’s system shall provide fiscal control and accounting procedures that will include the following:

  • PROJECT FINANCIAL RESOURCES i) Local In-kind Contributions $0 ii) Local Public Revenues $0 iii) Local Private Revenues iv) Other Public Revenues: $0 - ODOT/FHWA $0 - OEPA $2,675,745 - OWDA $0 - CDBG $0 - Other $0 SUBTOTAL $2,675,745 v) OPWC Funds: - Loan $299,000 SUBTOTAL $299,000 TOTAL FINANCIAL RESOURCES $2,974,745

  • New Financial Services Each Party shall permit a financial service supplier of the other Party to provide any new financial service of a type similar to those services that the Party would permit its own financial service suppliers to provide under its domestic law in like circumstances. A Party may determine the juridical form through which the service may be provided and may require authorisation for the provision of the service. Where such authorisation is required, a decision shall be made within a reasonable time and the authorisation may only be refused for prudential reasons.

  • Asset Management Supplier will: i) maintain an asset inventory of all media and equipment where Accenture Data is stored. Access to such media and equipment will be restricted to authorized Personnel; ii) classify Accenture Data so that it is properly identified and access to it is appropriately restricted; iii) maintain an acceptable use policy with restrictions on printing Accenture Data and procedures for appropriately disposing of printed materials that contain Accenture Data when such data is no longer needed under the Agreement; iv) maintain an appropriate approval process whereby Supplier’s approval is required prior to its Personnel storing Accenture Data on portable devices, remotely accessing Accenture Data, or processing such data outside of Supplier facilities. If remote access is approved, Personnel will use multi-factor authentication, which may include the use of smart cards with certificates, One Time Password (OTP) tokens, and biometrics.

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