NITHA’s Finance develops annual program budgets and provides monthly and annual financial reports, as well it ensures financial management is consistent with generally accepted accounting principles (GAAP) that meet audit standards.
In adherence to the Financial Management Policy and Procedures Manual, the Finance Manager is responsible for the development and maintenance of the financial management policy and procedures manual, and developing the appropriate administrative forms and approvals processes on all finance procedures.
NITHA operates under a consolidated agreement, which contains block, set and flexible funding. This particular agreement is expected to expire March 31, 2019. On a quarterly basis the budgeted vs. actual expenditures by program area are presented to the Board of Chiefs for approval.