Department of Financial Administration

Department of finance is the focal point of attention in any organization. Any organization is primarily evaluated based on the utilization of the funds and its reporting. Whatever greater things are done by the agency, its good name and image will be tarnished if it has no accountability in the area of finance administration. So SAFI gives utmost care in fund utilization and accounting. We conduct the financial transactions with maximum transparency and consistent with prevalent standards. Systematic keeping of books of accounts helps the effective functioning of the agency. SAFI from the beginning itself maintains a well established accounts wing. Its computerization has made accounting easier and more accurate. Proper financial planning, timely flow of funds, its utilization and reporting are the parts of financial administration. This department makes sure the timely flow of funds, ensures proper utilization, keeps proper books of accounts, makes arrangements of regular auditing, and prepares monthly, quarterly and annual reports of accounts. Regular statutory auditing is conducted by C M Joseph and Associates Ernakulam and the internal auditing is done by a team (Rev. Fr. Jose Maliekal, Mr. Jose Chethalan and Rev. Fr. Varghese Konthuruthy) appointed by the Bishop of Irinjalakuda diocese.