The Finance department consists of three main areas of expertise.

Accounting is the recording of financial transactions along with storing, sorting, retrieving, summarizing, and presenting the results in various reports and analyses. We have two teams within the Accounting Department: Accounts Payable and General Ledger.

Controlling is a goal-oriented function of management in the organisation. It is a process of comparing the actual performance with the set standards of the company to ensure that activities are performed according to the plans and if not, taking corrective action. The Controlling team is responsible for the budget at Terumo.

Tax & Treasury handles taxes, such as corporate income taxes and withholding taxes. Treasury, including credit management, cash pooling and the processing of bank statements is also tackled by this team.