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Financial Council
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Financial Council
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H.M FOGUE Augustin
General Coordinator Financial Council

Financial Council – Prerogatives of HCGI/HACIG

1. Financial Oversight and Accountability

  • Ensure transparent management of all financial operations, budgets, and resources within HCGI/HACIG at national and regional levels.

2. Budget Preparation and Monitoring

  • Prepare annual and special budgets in collaboration with relevant councils; monitor execution and advise on corrective measures where needed.

3. Audit and Control

  • Conduct regular internal audits and collaborate with external auditors to guarantee compliance with financial regulations and ethical standards.

4. Fundraising and Resource Mobilization

  • Design strategies for resource mobilization including partnerships, grants, donations, and sponsorships to support HCGI/HACIG’s missions and activities.

5. Investment and Financial Planning

  • Advise on sound investment strategies, financial sustainability plans, and reserve fund policies aligned with the organization’s long-term goals.

6. Financial Reporting

  • Ensure timely and accurate financial reporting to the Executive Council, General High Commissioner, and statutory partners, both national and international.

7. Grant and Project Finance Management

  • Oversee financial aspects of projects and programs, including proper use of grant funds, cost-efficiency, and donor compliance.

8. Training and Financial Literacy

  • Educate regional delegates, department heads, and local offices on financial best practices, internal control systems, and anti-corruption measures.

9. Ethical Compliance

  • Detect and prevent any misuse, embezzlement, or misappropriation of funds, and initiate disciplinary or legal procedures when necessary.

10. Partnership Financial Liaison

  • Serve as the main interface for financial negotiations and due diligence with institutional, corporate, and philanthropic partners.