(iii) Cashier Unit

Objective 1. Implementation of the Cashier Unit's treasury activities.

At the Fund, only the staff of the Cashier Unit possess such expertise.

Almeyda secretly met with Army General Oscar Villanueva, the presumed cashier of Montesinos's mafia.

The Financial Services Section provides comprehensive financial services for the Fund's operations through its Payments, Accounts and Cashier units.

For obvious reasons of security, this usually has to be provided by or through the personnel in the Cashier Unit.

The Cashier Unit has begun to undertake new treasury related functions following the implementation of the new banking contract in mid 2004.

In a small unit such as the Cashier Unit, any staff member taken off day to day work has a significant impact on performance.

In theory, the financial sector serves as a kind of accountant for the treasury and the government, while the PBOC acts as the government s cashier.

An additional level of staffing for the Cashier Unit was strongly recommended by the consulting group which conducted the whole office review for the Fund in 2002.

Requests are made for (a) reclassification of the post of the head of the Section, (b) creation of a business analyst post and (c) addition of staff in the three units (Cashier, Payments and Accounts).

The Administration of the UNEP Regional Office for Latin America and the Caribbean received from UNEP headquarters the formal designation of the Finance Assistant and the Administrative Assistant as cashier and petty cash custodian, respectively.

In paragraph 58, the Board recommended that the UNEP Regional Office for Latin America and the Caribbean seek from UNEP headquarters the formal designation of the Finance Assistant as cashier and the Administrative Assistant as petty cash custodian.