The Finance and Supplies Division is responsible for the overall financial planning and control, central accounting services and treasury management of TWGHs (except hospitals). The Division is also responsible for preparing the statutory financial statements and various kinds of financial reports in compliance with the relevant requirements of the Government, funding bodies and the Group. The Division partners with Divisions/Offices and their service units to ensure that adequate internal controls are in place to facilitate efficient and effective utilisation of resources and to safeguard TWGHs’ assets. The Division manages the Group’s funds and investment portfolio and ensures services and projects are properly financed. Another major function of the Division is to provide centralised procurement of goods and services, with an aim to enhance cost-effectiveness through bulk purchases as well as ensuring fairness and openness in the procurement process. The Division also offers insurance administration support to Divisions/Offices and their service units.
Enquiry telephone number：2859 7700
Fax number：2548 9054
Finance Section
The Finance Section provides central accounting function for all Divisions / Offices and service centres in keeping with both statutory and TWGHs’ requirements. It is also responsible for maintaining a proper internal control system to safeguard the assets of TWGHs and for establishing a proper system of accounts available for inspection by both internal and external auditors including those from relevant government departments.
The Finance Section is also responsible for budgetary control, cash flow forecast, project cost control and value-for-money analysis. It provides management information and gives advice on financial implications for major issues. It also monitors TWGHs’ funds and ensures that projects and activities are properly funded.
One of the objectives of the Finance & Supplies Division is to enhance TWGHs’ accountability, efficiency and effectiveness in the use of outside donations for the provision of various services.
Purchasing Section
The Purchasing Section administers TWGHs’ centralized procurement matters. It serves all Divisions / Offices and service centres on procurement, insurance matters and disposal of unserviceable furniture and equipment.
The Purchasing Section aims to obtain goods/services from suppliers at the most favorable terms with acceptable quality. Tender and quotation exercises will normally be conducted to ensure fairness and effectiveness.