The Finance Officer/Manager-

18. The Finance Officer/Manager- (1) The Finance Officer/Manager shall be a whole time Officer of the University and shall be appointed by the Chancellor. (2) The emoluments and other conditions of service of the Finance Officer shall be prescribed by the Statutes: (3) The Finance Officer/Manager shall act as Secretary to the Finance Committee and shall exercise such powers and perform such duties as may be prescribed by the Statutes, the Ordinances, the Regulations and the Rules, or as may from time to time, be conferred or imposed on him by the Executive Council or the Vice-Chancellor. झारखडगजट(असाधारण) मंगलवार, 23 नव.बर, 2021 (4) When the office of the Finance Officer is vacant or when the Finance Officer by reason of ill health, absence or any other cause is unable to perform his functions as Finance Officer, his functions shall be performed by such person as the Vice-Chancellor may appoint for the purpose with the approval of the Chancellor. (5) Subject to the control of the Vice-Chancellor and the Executive Council, the Finance Officer shall: (i) hold and manage the properties and investments of the University, including trust and immovable properties for fulfilling any of the objects of the University; (ii) ensure that the limits fixed by the Finance Committee for recurring and non- recurring expenditure for a year are not exceeded and the money is expended or spent for the purposes for which it was granted or allotted; (iii) be responsible for the preparation of the Annual Accounts and the budget of the University and for their presentation to the Executive Council after they have been considered by the Finance Committee; (iv) keep a constant watch on the cash and bank balances and investments; (v) watch the progress of collection of revenue and advise on the methods of collection employed; (vi) ensure that the registers of properties of the University are maintained properly and that stock checking is conducted of equipments and other materials in the offices of the University, including Regional Centres, Study Centres and other institutions maintained by the University: (vii) bring to the notice of the Vice-Chancellor any unauthorised expenditure or other financial irregularities and suggest appropriate action against persons at fault: (viii) call from any office of the University, including Regional Centres, Study Centres and other institutions maintained by the University, any information or reports that he may consider necessary to look into proprietary of the money expanded. (6) Any receipt given by the Finance Officer or by the person or persons duly authorised in this behalf by the Executive council shall be a sufficient discharge for payment of moneys to the University.