Finance & Accounts and IFC
Finance & Accounts and IFC
Responsibility
Budget Planning & Reporting, Preparation & Monitoring of Budget, Accounting, including those pertaining to Resource Generation, Internal Management Information, Processing of all payments, Matters related to TDS, Accounting of all receipts & disbursements, Revenue Refunds, Internal Transfers, Maintaining of Tally Accounts, Payment authorizations, Reconciliation of Bank Accounts and Rendition of Utilization Certificates/Statement of Expenditure. This Division also deals with Internal Audit, Coordination in connection with various Accounts & Audit matters etc.
The Internal Finance Control (IFC) does pre-audit in respect of financial approvals at RGCB. The Division also deals with financial, accounting and audit matters related to Institute's Extra Mural Projects and matters related to Purchases for project activities.
The Controller of Administration functions as the Head of RGCB's Finance, Accounts & Audit and IFC Divisions.
