{"id":3173,"date":"2023-11-13T11:16:13","date_gmt":"2023-11-13T11:16:13","guid":{"rendered":"http:\/\/196.189.149.141\/?page_id=3173"},"modified":"2023-11-22T08:06:47","modified_gmt":"2023-11-22T08:06:47","slug":"finance-and-procurement-directorate","status":"publish","type":"page","link":"https:\/\/obu.edu.et\/?page_id=3173","title":{"rendered":"Finance and procurement Directorate"},"content":{"rendered":"\n<marquee bgcolor=\"Green\"><h1>Finance and procurement Directorate<\/h1><\/marquee>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<h3 class=\"has-vivid-purple-background-color has-background wp-block-heading\">Mission<\/h3>\n\n\n\n<p class=\"has-light-green-cyan-background-color has-background\">It strives to establish a relentless and seamlessly functioning financial control and management system where scarce financial resources are utilized with a greater sense of efficiency, effectiveness, transparency, and accountability.<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column has-vivid-cyan-blue-background-color has-background is-layout-flow wp-block-column-is-layout-flow\">\n<h3 class=\"wp-block-heading\">Vision<\/h3>\n\n\n\n<p class=\"has-vivid-green-cyan-background-color has-background\">It aspires to be among top ten finance directorates in the country known for relentless demonstration of integrity, consistency, transparency and accountability in their financial management system.<\/p>\n<\/div>\n<\/div>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignleft size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/196.189.149.141\/wp-content\/uploads\/2023\/11\/photo_2023-11-10_03-00-54-1.jpg\" alt=\"\" class=\"wp-image-3298\" width=\"285\" height=\"189\"\/><figcaption>Mr.HRM<\/figcaption><\/figure><\/div>\n\n\n<h3 class=\"has-white-color has-light-green-cyan-background-color has-text-color has-background wp-block-heading\">Accountability of the Directorate<\/h3>\n\n\n\n<p>The Oda Bultum University Finance Administration Directorate is accountable to the Vice-President for Administration and Student Affairs. The major activities of the Directorate\u1361<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Plan, organize, direct and control the activities of the finance team; budget and treasury, and record and documentation teams;<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li>Facilitate the financial resources of the university which are earned from different sources as one consolidated university budget in accordance with the relevant university plan;<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li>Manage government, internal, and project funds as per the rules and regulations;<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li>Ensure that the financial decisions are consistent with the relevant policy and procedures of the university as well as the applicable laws and regulations of the country;<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li>Ensure proper synchronization between the Universities\\&#8217; planned budget and disbursement;<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li>Receive budget unitization reports of units from college-level financial offices and recommend appropriate corrective measures when required and follow up on compliance to ensure proper utilization of allocated budget;<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li>Advise the University president and vice presidents on budgetary and financial matters;<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li>Ensure effective and efficient provisions of financial customer services;<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li>Oversee the proper implementation of budget and finance policies throughout the university;<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li>Ensure that administrative policies and work procedures that govern budget and finance are known and complied with by all directors, finance and budget employees of the university;<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li>Develop finance-related strategic and operational plans and execute them on approval;<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li>Consolidate monthly, quarterly and annual budget and finance requests and reports to the university management;<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li>Ensure that the financial decisions are consistent with the relevant policy and procedures of the university as well as the applicable laws and regulations of the country.<\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Finance and procurement Directorate Mission It strives to establish a relentless and seamlessly functioning financial control and management system where [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-3173","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/obu.edu.et\/index.php?rest_route=\/wp\/v2\/pages\/3173","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/obu.edu.et\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/obu.edu.et\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/obu.edu.et\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/obu.edu.et\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3173"}],"version-history":[{"count":9,"href":"https:\/\/obu.edu.et\/index.php?rest_route=\/wp\/v2\/pages\/3173\/revisions"}],"predecessor-version":[{"id":3307,"href":"https:\/\/obu.edu.et\/index.php?rest_route=\/wp\/v2\/pages\/3173\/revisions\/3307"}],"wp:attachment":[{"href":"https:\/\/obu.edu.et\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3173"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}