The role of the Finance Department is to ensure that necessary funds are available to the departments to help the organization achieve its objective. The department is also charged with establishing and controlling profitability level in the organization. NATCO Finance Department headed by General Manager Finance Mr. Iqbal Hussain. The finance department is responsible for ensuring that costs are controlled, there is adequate cash flow, establish and control profitability levels. They also prepare financial documents and final accounts for reports.
The Admin & Personal Department involves in organizing, recruiting, hiring, training, and transferring of the employees of the corporation. The first goal of Admin & Personal Department is to organize all employees in such a way that allows them to cooperate and complete tasks in the best way possible. Organization also deals with how to assign individuals to specific projects.
The main purpose of Internal Audit is to verify and review the activities of all cost centers so as to assist them in seeing that the assets of business are properly protected and accounted for, that current transaction are promptly and completely recorded, that faulty, inefficient or fraudulent operations are revealed and that the business is adequately protected against waste, fraud and loss. The purpose of this form of control is to assure early detection and rectification of error to minimize their recurrence in future, to achieve economy in expenditure and all around efficiency. It assures that various rules and procedure laid by Management are actually followed and acted upon by all the cost centers.
Transport plays an important role in economic and social development of a country. Advances in transportation has made possible changes in the way of living and the way in which societies are organized and therefore have a great influence in the development of civilizations. Transport also helps in development of tourism and economic well being of poor people. In this regard NATCO of Pakistan has very important role. It connects people from Xinxiang province of China to Karachi. People of different villages of Gilgit-Baltistan are connected through subsidized fare. Food is supplied to this mountainous region through NATCO and this is the reason that people of Gilgit-Baltistan own this corporation and are highly thankful to it. They call it “ Pride of Pakistan” which is a profitable corporation, the greatest employer of the region and province. Despite all odds and is servicing the people in most benefiting manner.
Department of Information Technology NATCO is designing, developing, implementing and support management of computer-based information systems, particularly software applications and computer hardware. IT department also monitor the NATCO fleet round the clock through tracking system.
Slogans of NATCO can be seen on moutains of Gilgit. Golden and Silver cards are issued to our valueable customers which brings many concessions. Magazine of NATCO has been published and new product will be introduced in near future.
NATCO through public private partnership has established petrol pumps at Gilgit, Juglot, Besham and Islamabad. These pumps provide service not only to fleet of NATCO but also government departments and other customers. These have also provided job opportunities to the people of Gilgit-Baltistan and other parts of the country.
NATCO has established general stores in each and every district of Gilgit-Baltistan. All items of daily use are available in these stores and customers appreciated quality of the products. This business is growing by leaps and bounds and will be very soon extended to rest of the country.