Cap. 327 Art. 108The Financial Controller.

(1) The Financial Controller shall, under the direction of the Principal or the Deputy Principal as delegated by the Principal, be responsible for the day to day administration of the College finances, reporting to the said Principal.

(2) In particular, the Financial Controller shall:

(a) prepare -

(i) the annual budget of revenue and expenditure;

(ii) the annual comparative statement of revenue and expenditure;

(iii) the annual balance sheet and statement of accounts;

(b) be responsible for the collection of revenue and moneys due to the College;

(c) exercise immediate control over expenditure out of approved provisions;

(d) maintain adequate accounting systems embracing the whole of the financial operations of the College;

(e) be responsible for all ordering and purchasing and for the control of stores and inventories;

(f) carry out such internal auditing and control as he deems necessary;

(g) in conjunction with the Principal or the Administrative Director, countersign bills of exchange, cheques, bank drafts, letters of credit and all other banking, financial and commercial documents, subject to any restrictions made by the Board of Governors;

(h) discharge such other duties as may be called upon the Principal owing to the exigencies of the College.