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Group Finance
The purpose of Group Finance is:
To co-ordinate the financial planning, analysis and reporting by the CIÉ group of companies to stakeholders
To ensure that the Group’s business plans can be supported by appropriate borrowing and other financial facilities.
Ensuring compliance with the financial, risk and procurement requirements of the Code of Practice for the Governance of State Bodies
Providing financial management and support for CIE’s professional service delivery activities.
We do this by:
Liaising with the 4 subsidiary companies of CIÉ; Bus Átha Cliath, Bus Éireann, CIÉ Tours Inc. and Iarnród Éireann to:
Ensure that adequate funding is in place to meet daily requirements and surplus funds are deployed efficiently.
Monitor and control capital expenditure in accordance with the Group’s internal approvals regime.
Monitor business performance in accordance with approved business plans.
Maintaining the Property Register for the CIÉ estate.
In respect of Holding Company financial management activity, Group Finance is responsible for:
Maintaining the Property Register for the CIÉ estate.
Maintaining an appropriate range of relationships with financial institutions and other professional advisory undertakings.
Monthly Executive Payroll.
Accounts Payable.
Pension Fund accounting.
Managing the taxes of CIÉ and making timely payments through ROS of any taxes that fall due.
Fiona O'Shea
Chief Finance Officer