Section 8(6) in The Delhi Pharmaceutical Sciences and Research University - Delhi Statutes, 2017
(6)Subject to the control of the Vice-Chancellor and the Board of Governors, the Controller of Finance shalla. ensure compliance of financial rules and regulations as prescribed by the university;b. be responsible for proper and timely investment of university funds with the approval of the Vice- Chancellor;c. be responsible to get formats of books of accounts approved by the Finance Committee;d. be responsible for getting internal and external audit of the books of accounts of the university;e. 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;f. be responsible for the preparation of the annual accounts and the budget of the University and for their presentation to the Board of Governors after they have been considered by the Finance Committee;g. keep a constant watch on the cash and bank balances and investments;h. watch the progress of collection of revenues and advise on the methods of collection employed;i. bring to the notice of the Vice Chancellor any unauthorized expenditure or any other financial irregularity and suggest appropriate action against person at fault;j. suggest steps for enacting the revenues and containing the cost of the university;k. effectively implement the financial policies of the university and to ensure that revenues and expenditure are in accordance with the budget of the University;l. ensure that the registers of the properties of the university are maintained properly and that stock checking of the equipment and other material in the offices, different departments and centres of the university is conducted in a time bound manner;m. call from any office of the University, including centres/departments/colleges maintained by the University, any information or report that he/she may consider necessary for the performance of his functions.
