Financial Controller Sample Clauses

The Financial Controller clause designates an individual or entity responsible for overseeing and managing the financial operations and reporting within an organization or under a specific agreement. Typically, this clause outlines the scope of the controller’s authority, such as approving budgets, monitoring expenditures, and ensuring compliance with financial policies. By clearly assigning these responsibilities, the clause helps maintain financial integrity, accountability, and transparency, thereby reducing the risk of mismanagement or financial discrepancies.
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Financial Controller. (a) Purchaser Shareholder shall be entitled to propose to the Board the candidate for appointment as the Financial Controller of the Group (the “Financial Controller”) (including, for the avoidance of doubt, any candidate to fill any subsequent vacancy in such office, however arising); provided that the appointment of the Financial Controller shall be subject to the final approval of the CEO, not to be unreasonably withheld, delayed or conditioned. (b) The duties and responsibilities of the Financial Controller shall be those customarily performed by such an officer, it being understood that the CEO shall have direct responsibility for communications with the Russian authorities with respect to accounting and taxation matters and relationships with Russian banks, the Financial Controller being nevertheless kept fully informed by the CEO on all these matters. (c) The CEO shall ensure that the Financial Controller has full and unrestricted access to all financial, tax and accounting records of the Company and the Group, and to the extent permitted by the Joint Venture Agreement, all such records of the Joint Venture, all on a permanent basis. (d) The Financial Controller shall report to the CEO; provided that, to the extent permitted by applicable Requirements of Law, for purposes of ensuring CEDC’s compliance with its reporting obligations under applicable Requirements of Law, including, without limitation, the requirements of the Securities Exchange Act, CEDC may communicate directly with, and request information directly from, the Financial Controller; provided, further, that the CEO is copied on all such written communication (or furnished with a full, fair and accurate summary of any oral communications) and any responses thereto. The Parties agree that the Financial Controller, and not the CEO or the New Management Co, shall be responsible for ensuring that information is timely reported according to CEDC’s reporting standards, but this shall not relieve the CEO or New Management Co from preparing and maintaining accounting records for the Company and the Group, or from providing the Financial Controller full access to such records. (e) Except as otherwise agreed by the CEO and the Purchaser Shareholder, and subject to Requirements of Law, the employment of the Financial Controller may only be terminated for Cause.
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Financial Controller. Secondary Contact Email Secondary Contact Phone Secondary Contact Fax Secondary Contact Mobile 1 Administration Fee Contact Name
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Financial Controller. (i) Prior to Payout, the Financial Controller shall be appointed by ATLAS and after Payout, he shall be appointed by SOGW. (ii) The Financial Controller shall have the right to be directly involved and participate meaningfully in the functions and activities of the Financial Director. The Financial Controller shall at all times have access to the books and records relating to the Contract, this Agreement and the Contract Area and shall have the right to cause audits of such books and records to be performed from time to time as he shall deem necessary or appropriate.
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Financial Controller. During the Earnout Period, each of Buyer and the Management Sellers agrees that it will cause the Company to engage a financial controller (the “Financial Controller”) designated by Buyer and approved by at least one of the Management-Appointed Directors. The Financial Controller shall have the powers and authorities as determined by the Board, including at least one of the Management-Appointed Directors.
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Financial Controller. The Borrower shall, not later than December 31, 1989, establish a Range and Livestock Association Development Fund which shall be used for making: (a) grants for community development and infrastructure improvement including schools, buildings, pumps, ▇▇▇▇▇, and markets; and (b) loans for small productive enterprises in the Project Area.
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Financial Controller. Secondary Contact Email Secondary Contact Phone 5 Secondary Contact Fax
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Financial Controller. The financial controller shall be proposed by MHI and approved by the Board. The Parties will agree the scope of work of the Financial Controller. One of the relevant tasks of the Financial Controller will be to draft an internal report including all the transactions (expenses and/or fees) carried out between Sierra Parima and each of its related companies (sociedades vinculadas). This internal report will be released within thirty (30) Days after the end of each Year.
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Financial Controller. Party A has the right to propose the candidate of the financial controller of the Company and its subsidiaries, which shall be appointed by the board of directors.
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Financial Controller. Within thirty (30) days of Closing, Issuer shall have appointed a Financial Controller on customary terms reasonably satisfactory to Purchaser who shall be employed on site at the Mine on a full-time basis.
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Related to Financial Controller

  • Financial Controls At all times, the Charter School shall maintain appropriate governance and managerial procedures and financial controls which procedures and controls shall include, but not be limited to: (1) commonly accepted accounting practices and the capacity to implement them (2) a checking account; (3) adequate payroll procedures; (4) procedures for the creation and review of monthly and quarterly financial reports, which procedures shall specifically identify the individual who will be responsible for preparing such financial reports in the following fiscal year; (5) internal control procedures for cash receipts, cash disbursements and purchases; and (6) maintenance of asset registers and financial procedures for grants in accordance with applicable state and federal law.

  • Financial 5.1 Community Council funds shall be used only for the benefit of the Métis citizens who are represented by the Community Council. Expenditures shall be consistent with the financial ability of the Community Council and may include, but are not limited to: a) the purpose of assisting Métis citizens of the MNO; b) salaries, offices or administration; c) obligations arising from agreements entered into for the benefit of the Métis citizens represented by the MNO; d) other activities that fall within the purposes of the MNO as stated in the Statement of Purpose (Appendix A). 5.2 The Community Council and any of its committees, subsidiaries, institutions or other entities shall; a) have a fiscal end of March 31st; b) keep its financial records in accordance with generally accepted accounting procedures; c) cause an annual financial statement of its books and records and funds to be created within 90 days of the end of the fiscal year; d) within 30 days of its completion, submit the financial statement to the Secretariat; e) within 30 days of its completion, provide on request, the financial statement to its citizens. 5.3 In the event that a copy of the annual financial statement is not submitted, pursuant to paragraph 5.2(d), the Secretariat may cause an audit to be made, at the expense of the Community Council.

  • Controller The Controller shall be the chief accounting officer of the Company. He shall keep full and accurate accounts of the assets, liabilities, commitments, receipts, disbursements and other financial transactions of the Company; shall cause regular audits of the books and records of account of the Company and supervise the preparation of the Company’s financial statements; and, in general, he shall perform the duties incident to the office of controller of a company (as if the Company were a Delaware corporation) and such other duties as may be assigned to him by the Member or the President or as may be provided by law. If no Controller is elected by the Member, the Treasurer shall perform the duties of the office of controller.

  • Financial Management, Financial Reports and Audits 1. The Recipient shall maintain or cause to be maintained a financial management system in accordance with the provisions of Section 4.09 of the General Conditions. 2. Without limitation on the provisions of Part A of this Section, the Recipient shall prepare and furnish to the Association not later than forty-five (45) days after the end of each calendar quarter, interim unaudited financial reports for the Project covering the quarter, in form and substance satisfactory to the Association. 3. The Recipient shall have its Financial Statements audited in accordance with the provisions of Section 4.09(b) of the General Conditions. Each audit of the Financial Statements shall cover the period of one (1) fiscal year of the Recipient. The audited Financial Statements for each such period shall be furnished to the Association not later than six (6) months after the end of such period.

  • Portfolio Accounting Services (1) Maintain portfolio records on a trade date+1 basis using security trade information communicated from the Fund’s investment adviser. (2) For each valuation date, obtain prices from a pricing source approved by the board of trustees of the Trust (the “Board of Trustees”) and apply those prices to the portfolio positions. For those securities where market quotations are not readily available, the Board of Trustees shall approve, in good faith, procedures for determining the fair value for such securities. (3) Identify interest and dividend accrual balances as of each valuation date and calculate gross earnings on investments for each accounting period. (4) Determine gain/loss on security sales and identify them as short-term or long-term; account for periodic distributions of gains or losses to shareholders and maintain undistributed gain or loss balances as of each valuation date. (5) On a daily basis, reconcile cash of the Fund with the Fund’s custodian. (6) Transmit a copy of the portfolio valuation to the Fund’s investment adviser daily. (7) Review the impact of current day’s activity on a per share basis, and review changes in market value.