Mandate
AAN’s Finance Department ensures that accurate and efficient accounting records are kept, and this is known as our financial system.
Overview
The Finance Team is a relatively new group of personnel. We have had to overcome many issues due to Covid-19, but have managed to maintain consistency throughout the periods of lockdowns and stay at home orders through increasing on-line payments. Reducing the number of cheques was a key goal and we estimate that upwards of 90% of all payments are made online, while we are continuing to raise this number. This ensures that people get paid in a timely manner, with no delays. Also, cheques are now deposited without going to a bank which ensures that the monies received are deposited in a timely fashion.
The ultimate purpose of finance is to maximize the value of Apitipi Anicinapek Nation Community through planning and implementing management procedures while balancing risk and sustainability. AAN’s Financial resources come from Indigenous Service Canada (ISC), CMHC Housing, other governments funding agencies, and Impact Benefit Agreements (IBA) with companies that have agreements to work on AAN’s Territory.