Members' Accounts
a. Daily Verifications (balances of the day)
b. Control and conciliation of accounts and delivery to the Administrative Secretary for approval
Loans to Members
a. Registration of loan payments and collections
b. Preparation of statements of new loans and collections of loans
c. Control of the applications and supporting documents for loans and their delivery to the Administrative Secretary for final control before delivering them to the Secretary of the Management Committee
d. Dispatch of written notice to the members to produce all necessary supporting documents for loans.
e. Completion of appropriate Note in respect of each loan application for which a cheques is issued ( Form 2).
f. Control of receipt of Notes.
g. Receipt of cheques for instalments and payments of instalments from individuals who pay the same their instalment. The receipt is made in the presence of a second Officer of the Fund.
Collections
a. Control of the cheques and cash payments received in collaboration with the Administrative Secretary.
b. Issue of receipts for the collections of the Fund.
Deposits
a. Deposits of collections to the Bank every second day.
b. Preparation of all deposit slips and delivery to the Administrative Secretary.
c. Monitoring and verification of the deposits via internet.
Preparation of statements
a. Preparation of statements (Daily, weekly, monthly, annually) and their delivery to the General Manager of the Provident Fund.
b. Issue of forms
- Loan balance certificate ( Form 3)
- Loan interest rate certificate ( Form 4)
Issue of cheques
a. Preparation of all cheques for loans, withdrawals, invoice settlements
Technological Support
a. Handling of the control system and registration of data on daily basis (Back up system).
b. Suggestions for dealing with problems appearing in the computer software programs as well as alterations and upgrading of such programs.