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Financial Administration Division  

Gampaha Wickramarachchi University of Indigenous Medicine

The Financial Administration Division of the University plans, organizes, directs and controls financial activities of the University and ensures the proper utilization of funds efficiently and effectively to meet the goals and objectives in line with the strategic management plan of the University. It is the responsibility of the division to manage the finances in accordance with all relevant legislative requirements and proper reporting for management purposes.

The Bursar, as the head of the division, is carrying out the responsibilities with the assistance of the Executive Officers who coordinates the sub-units division: Accounts, Supplies & Stores, Personal Emoluments and Payments & Self-Financing Activities.


The objective of the Financial Administration Division is to provide efficient administrative services to the students, staff and other outsiders through the following duties/ activities accurately, lawfully, transparently and productively with confidently to meet the Vision and the Mission of the University.

Key Functions of the Finance Administration Division:

  1. Prepare the University Annual Budget, inclusive of the Capital Budget for approval.
  2. Monitor the budget to ensure its proper execution by the departments/offices according to the rules and regulations of the university.
  3. Manage and disburse the university funds within the approved budget and in accordance with existing rules and regulations.
  4. Provide financial analysis and give relevant advice to users and the management.
  5. Maintain and review the university accounting, budgeting and reporting system.
  6. Provide reports and control framework to support all of the university’s financial activities.
  7. Generate managerial information in order to support departments in their decision making.
  8. Prepare financial reports for internal and external reporting purposes.
  9. Prepare the statutory required returns to the government according to the relevant legal requirements.
  10. Advise the university on issues in finance, budget and treasury.
  11. Control cash management including investment of surplus capital, allocate funds for payment, and arrange bank operations.
  12. Design, establish and review guidelines for financial activities of the University.

 

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