RTMI is a self-supporting entity and maintains Taka account in Commercial Banks of Bangladesh. RTMI maintains bank account for each project separately. It has been working with the Government of Bangladesh (GOB) and many international organizations including US and European based organizations and receiving through the NGO Affairs Bureau approved bank account.

RTMI has its approved financial guideline and personnel policy and strictly follows them for sound accounting practice. The existence and effectiveness of RTMI’s good financial accounting system is evident from the fact that it has continued long term funding relationship with donors like USAID, UNHCR, UNFPA, UNICEF, IOM international, Maxwell stamp, Pathfinder International, Engender Health, icddr’b, NIPORT, KFW, Duke University-USA, JHPIEGO, John Hopkins University, Save the Children, DFID, Campaign for Tobacco Free Kids, GFATM, BRAC, GoB etc.  The net worth of RTMI calculated as the difference between total assets and total liabilities is positive.

RTMI has an effective and adequate internal control system. RTMI follows its Accounting and Financial Manual that covers allocation of expenditure as per project component, disbursement categories, sources etc. for proper recording of transaction. The approving authority approves all the transactions and vouchers on a day to day basis and appropriate controls are in place for expenditures incurred ensuring that all transactions are properly made and adequately explained.

RTMI has a standard financial reporting system. It has an effective information system and accounts for all the projects are maintained in “Quick Book Pro” software. RTMI International maintains account-related information with the help of automatic accounting software, known as “Quick Book Pro”. All types of monitoring of inflow and outflow, including non-cash transactions, are entered into and processed through the package. Reports generate automatically according to requirements. All types of ledgers can be produced through it. By taking the ledger balance reports are submitted to the donors in their specified forms (if any). Normally, reports are prepared and the accounts closed monthly. Financial statements are prepared on monthly, quarterly, half yearly and yearly basis.

RTMI ensures effective financial control and transparency in all financial dealings and data of our projects. Procurements are done strictly as per the provisions of the RTMI procurement policy. Recruitment, salary payment, leave calculation and final settlement are done as per the provision of RTMI HR policy.

RTMI has a well-staffed finance department with highly skilled professionals in the department with accounting background and experience. It is a good mix of junior and senior personnel with adequate gender balance. Responsibilities of each personnel with their job title, professional experience and skill are well defined to correspond to the personnel policy of the organization. Each project has a dedicated Accounts Officer, who maintains books of accounts.