Finance Officer is the principal finance, accounts and audit officer of the University. He is the member secretary of Finance Committee of the University.
Finance Officer does Planning and Resources allocation of the funds of the University on the guidelines and directions of the Finance Committee. Finance Officer is the custodian of funds of the University. He is responsible for maintaining efficiency in financial resources to run the operations of the University smoothly and effectively under the guidance of Vice Chancellor.
The Finance Officer reports to the Vice Chancellor and is responsible for preparing financial statements, Financial Budgets, maintaining cash flow statements, preparing the payroll, maintaining accounts payable and managing office operations. The Finance Officer to ensure that the limits fixed by the University for recurring and non-recurring expenditure are not exceeded, and that all allocations are expended for the purposes for which they are granted or allotted; keep watch on the state of the Cash and Bank balance and of Investments; watch the progress of collection of revenue and advice on the methods to be employed for collection; have the account of the university audited regularly; monitor and ensure the timely compliances of all legal and statutory requirements as per law.
It is his duty to contribute to the strategic direction of the competent Authority of the University and its operational plans to improve the Financial position. He also provides leadership and utilize his experience in the development of Financial accounting policy and practices as well as its dissemination and implementation.
Sh. Devendra Singh, a fellow member of The Institute of Company Secretaries of India, an alumni of Delhi University having a vast experience of 26 years in the field of finance and accounts. He joined Sharda Group of Institution in 2008 and he is the finance officer of the University since inception.
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