Functions of LNSA Officers
Finance Division

Executive Director for Finance & Controller
The financial affairs of the association is supervise by the Executive Director for Finance. He/she is responsible in prepare the budget plan of the organization with the President. He/she has the power to prepare and/or modify the budget for a particular project or activity of the organization if necessary, with the approval of the President. He/she also makes monetary disbursements and reimbursements with the approval of the President and serves as ex-officio of the Committee on Marketing. He/she is responsible in keeping an accurate record of acquisitions and disbursements of organizational funds and in making the annual and semestral financial statements the organization. He/she informs the Executive Board regarding the financial status of the organization and withdraw and/or deposit monies in the Bank Accounts of the organization. He/she also signs financial documents that need his/her approval and keeps the official Bank Books and Passbooks of the organization.


Associate Director for Finance
He/she acts as the custodian of the organization’s petty cash and assists the Executive Director for Finance and Controller in making financial statements. He/she is also responsible in preparing and submitting liquidation reports five (5) working days after the conduct of each project/activity of the organization. He/she keeps the receipts and other financial documents of the organization and co-sign with the Executive Director for Finance and Controller, when the need arises, to financial documents of the organization. In case of the absence of the Executive Director for Finance, the Associate Director acts as an authorized representative in withdrawing monies from the Bank Account of the organization.


Auditor-General
The Auditor-General is responsible in reviewing all the accounts and financial statements made the Executive/Associate Director for Finance. He/she approves audited financial statements and cash liquidations and rejects inaccurate or erroneous liquidation reports made by Executive/Associate Director for Finance. He/she is also responsible in reviewing the inventory reports made by the Managing Director for Property Management.

Managing Director for Property Management
He/she is responsible in making an inventory of materials, equipments and furniture purchased by the organization on a regular basis. He/she ensures that all materials and furniture borrowed from the organization are returned in good condition. He/she is tasked to purchase the necessary supplies needed for a particular project of the organization and manage the flow of goods and other resources in the organization. He/she also ensures that the consumption of stock supplies in the organization is carried out in a judicious manner.