The Comptroller Office plays a vital role in managing the financial operations of SKUAST-Jammu, ensuring transparency, accountability, and optimal utilization of resources. It provides financial planning, budgeting, and auditing support to ensure the University’s financial stability and growth.
Mandate
To oversee and manage the financial administration of SKUAST-Jammu, ensuring the proper allocation, utilization, and auditing of funds.- To assist the Vice Chancellor and University authorities in budgeting, financial planning, and resource management.
- To ensure the timely and accurate preparation of the University’s financial statements, reports, and audits.
- To implement financial policies and procedures in accordance with the University’s rules and regulations.
- To manage the University’s accounts, including revenue generation, expenditure, and investment activities.
- To ensure compliance with all financial laws, policies, and regulations at the University.
- To facilitate the procurement process and ensure efficient management of financial resources for University projects and initiatives.
- To monitor the financial health of the University and advise on measures for financial sustainability.
Activities
- Preparing and reviewing the University’s annual budget.
- Ensuring timely payment of salaries, pensions, and other financial obligations of the University.
- Conducting regular financial audits and preparing financial reports for review by University authorities.
- Supervising the management of University accounts, ensuring accuracy and transparency in financial transactions.
- Facilitating the procurement and purchase processes, ensuring adherence to financial regulations and proper documentation.
- Advising University officials on financial planning, cost control, and revenue generation strategies.
- Monitoring the implementation of University projects from a financial perspective, ensuring proper fund utilization.
- Providing financial support and guidance to different University departments for effective financial management.
- Overseeing the clearance of bills and ensure timely payments to vendors, contractors, and service providers in accordance with the University’s financial policies and procedures.