Finance Controller

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Dr. Sachidanand Ojha working in Mahatma Gandhi Chitrakoot Gramodaya Vishwavidyalaya, Chitrakoot since November 1993. Since inception in university he was designated as Assistant Engineer (Electrical ) in the Faculty of Engineering & Technology. The whole of electrical maintenance work function under my responsibilities. All the Electrical & Electronics lab maintenance , Generator Operation & Maintenance work are under his supervision. Along with these he was also given the responsibility of conducting B. Tech. classes related to Electrical & Electronics subject. University also had Vocational Courses as compulsory part of curriculum. He had also completed one Solar Project sponsored by MPCST, Bhopal. Dr. Ojha has completed his M.Tech with specialization in High Voltage & Power System Engg and Ph. D. program with the topic “Power Quality Analysis, Measurement & Management in Electrical Appliances”. Since December2012 the task of University Finance officer was offered to him with all other previous responsibilities.

Objectives

1. University shall establish a Fund called University Fund. University fund shall include Any Grant by Central or State Govt. or by body corporate. University fund shall also include income from fees & Charges
2. University Fund shall be kept in any Schedule bank as defined in RBI Act 1934 as at the discretion of the board.
3. University fund shall be used for payment of salaries & allowances of the employees of university both teaching & non-teaching staff, payments of provident funds, contributions, gratuity & other benefits of employees of university.
4. Payment of travelling & other allowances to members of Board/Academic Council or any committee as prescribed by university Statutes, ordinances & regulations of university.
5. Payment of the cost of audit of university fund.
6. Payment of fellowships, scholarship or awards to students.
7. Payment of examination remuneration etc.

Activities/Functions

1. Subject to control of Vice-Chancellor it shall be duty of the Comptroller

• To hold & manage the property & investments of the University including trusts & endowed property.
• To ensure that the limits fixed by B.O.M for recurring & non- recurring expenditure for a year do not exceed & the money is spent for the purpose for which it has been granted or allocated.
• To keep a constant watch on the state of cash & bank balances & on the state of investments.

2.Subject to the control of Registrar, the Comptroller shall

• Collect income, disburse payments & maintain accounts of the University.
• Prepare the annual accounts & budget of the University.
• Have the accounts of the university regularly audited.
• Ensure the register of buildings land, furniture & equipment’s are maintained properly & kept up to date & that the stock checking is conducted regularly.
• Suggest appropriate action against persons responsible for unauthorized expenditure & for other financial irregularities.

Location/Building: Gandhi Bhawan, Administration Block