Skidegate Finance Department
The Skidegate Band Finance Department is responsible for maintaining the Band’s financial records. Maintaining integrity and objectivity of the financial records is essential in ensuring that all stakeholders receive timely and accurate reporting of financial results. Stakeholders include Band membership; Chief and Council; other Band Departments and programs; and funders such as Indigenous Services Canada.
The Finance Department operates out of the Skidegate Band Office and is overseen by Allison Sinkins, Finance Manager. The Finance Manager ensures that all departments operate within their budgets as well as ensuring that all payments adhere to our Policy and Procedure. The Skidegate Band fiscal year runs from April 1st of each year through to March 31st of the following year. Audits are performed annually, the auditor’s responsibility is to express an opinion about the financial statements based on their findings. Final financial reports are presented to the Skidegate Community Annually at the Skidegate Band Open House.
Finance Functions
The Finance Department has the following functions:
Bank reconciliations
Deposits
Manages the general ledger listings for all departments
Processes payroll
Budget preparation
Oversees accounts payable and accounts receivable operations
Pension plan, group insurance benefit administration