Page 147 - Area X - D

Parti-Administrative Manual
unserviceable properties for condemnation/ disposal/ auction, transfer MR from one user to
anottier, and ottier needed inventory adjustments with the aim of having an updated inventory
or properties and their users.

4.3. Department of Finance Services
(The responsibility of managing the financial resources (i.e. from budgeting to accounting
and disbursement of cash) of the university is vested on the Department of Finance Services. The
department shall be headed by a Finance Management Officer (FMO) or Director for Finance (when by
designation).
4.3.1.Budget Office/Section
The Budget Office is headed by a Budget Officer III or Section Head (when by designation).
It is concerned with the preparation and examination of budget requests and justfications, albcation
of funds for the different programs, projects and activities of the University in coordination with the
Office of Planning and Development. It also includes the preparation of budget summary which is the
outcome of a budgeting process on two levels - one in the campus level and the second in the
University level. Budgeting In the campus level reflects the program allocation and priorities set for
the different programs and services by the Deans and Directors and other officials of equal rank it the
campus. The budgeting process in the University level is undertaken in consultation with the
Directors, Deans and Vice Presidents who present and defend their respective budgets. Specifically,
the Budget Officer has the following functions:
4.3.1.1.Develops and improves budgetary methods, procedures and justifications;
4.3.1.2.Provides budget subject to budgetary ceiling fund estimate in support of the College operations,
plans and programs;
4.3.1.3.Prepares annual physical and financial plans;
4.3.1.4.Allocates available funds to programs on the basis of approved guidelines and priorities;
4.3.1.5.Reviews performance report to determine conformity with set standards; and
4.3.1.6.Prepares financial report for management guidance as required by higher authorities.

4.3.2.Accounting Office/Section
The Accounting Office/ Section is headed by an Accountant III or Section Chief (when by
designation) with the following functions: 1) Bookkeeping, 2) Processing of Liquidation, 3) Payroll
Preparation 4) Financial Reports and 5) Student Accounts. Specifically, the Accountant has the
following functions:
4.3.2.1. Gives advice on financial matters;
43.2.2. Prepares and submits financial reports to management and other government departments
and agencies authorized to receive such reports;
433.3.Maintains basic and subsidiary accounting records and books of accounts to reflect accurate and
current financial information required by existing auditing rules and regulations and by
management;
433.4.Certifies to the availability of funds;
433.5.Prepares billings to debtors of the national government; and
433.6.Assesses student fees upon enrolment.
•433. Cash Office/Section
The Cash Office/Section is headed by a Cashier III or Section Chief (when by designation)
who coordinates and supervises the cashiering activities of the University. This Office is concerned
with the following activities/functions: 1) Checking accounts, 2) Collection and disbursement, and 3)
Safekeeping of money and financial records. Specifically, the cashier has the following functions;
433.1.Takes charge of the collection and deposit of tuition fees and miscellaneous fee;
433.2.Deposits all collections and income to the authorized bank;
4L33.3. Prepares checks on approved payments and issues checks to claimants;

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