ITIRE–IKATE LOCAL COUNCIL DEVELOPMENT AREA (LCDA)

Name: Mr. Amusa Alani
Position: Council Treasurer / Head of Finance & Accounts Department

 Financial Management & Oversight

• Responsible for the overall management and supervision of the LCDA’s financial resources.

• Ensures proper planning, control, and monitoring of income, expenditure, and financial operations.

• Oversees preparation of financial statements, monthly returns, and annual accounts.

Budget Preparation & Implementation

• Coordinates the preparation of the annual budget in collaboration with all departments.

• Provides the Executive Chairman, Council Manager, and legislative arm with financial forecasts and projections.

• Monitors implementation of the budget to ensure expenditures remain within approved limits.

Revenue Management

• Supervises and monitors all internally generated revenue (IGR) collection processes.

• Ensures proper banking of revenue, maintenance of revenue registers, and implementation of transparent revenue control measures.

• Develops strategies to improve revenue generation for the LCDA.

Expenditure Control & Payment Authorization

• Ensures that all payments conform to financial regulations, budgetary provisions, and due process requirements.

• Verifies supporting documents before authorizing disbursements.

• Maintains proper records of vouchers, payment schedules, and expenditure files.

Treasury Operations

• Manages cash flow, treasury balances, and financial obligations of the council.

• Ensures timely payment of salaries, pensions, allowances, and contractors’ claims.

• Maintains custody of accounting books, financial ledgers, and cash management tools.

Financial Advisory Role

• Serves as the chief financial adviser to the Executive Chairman and Council Management.

• Provides professional guidance on financial prudence, investment decisions, and fiscal policies.

• Offers financial inputs on contracts, procurement, and development projects.

Compliance & Internal Control

• Ensures compliance with Lagos State financial regulations, audit instructions, and treasury circulars.

• Establishes internal control mechanisms to prevent fraud, misappropriation, and financial irregularities.

• Prepares and supports internal and external audit exercises.

Procurement & Contract Financial Documentation

• Works closely with the Procurement Unit to ensure financial compliance during tendering, bidding, and contract award processes.

• Verifies contract certificates, payment claims, and project financial reports.

Asset & Records Management

• Maintains accurate records of council financial assets, bank accounts, investments, and liabilities.

• Ensures proper documentation, safekeeping, and retrieval of financial documents.

 Coordination & Supervision of Finance Department Staff

• Supervises accountants, revenue officers, cashiers, and financial clerks.

• Organizes training, assigns duties, and ensures high professional standards within the department.

Reporting & Communication

• Prepares periodic financial reports for management, the legislature, and relevant state agencies.

• Ensures timely submission of statutory financial returns.

Representation & Collaboration

• Represents the LCDA in financial meetings, state treasury sessions, revenue planning committees, and inter-departmental finance discussions.

• Collaborates with banks, auditors, consultants, and revenue partners.

Summary Statement

As the Council Treasurer of Itire–Ikate LCDA, Mr. Amusa Alani plays a central role in financial stewardship, ensuring accountability, transparency, and effective management of the council’s financial resources to support sustainable development within the LCDA.