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Bursary's Departments/Unit

Divisions Under the Bursary


Bursar’s Office

The Bursar who is the Chief Financial Officer of the University heads the Bursary, and is responsible to the Vice-Chancellor for the day-today administration of the financial affairs of the University.  The Bursary is made up of the following units.

Treasury and Investments

Unit Head        Mrs. Oluyemisi T. Oyenuga FCA         Principal Accountant   Ext. 2439
This unit is responsible for: -
Monitoring investments
Keeping records of Fixed Assets
Writing and disbursing cheques
Petty Cash payments
Tax payments and liaising with tax authorities

Accounts Payable and Payroll

Unit Head        Mr. Samuel A. Momodu ACA Principal Accountant   Ext. 2438
This Unit is responsible for: -
Settlement of Invoices for Vendors and Service providers
Payment and Monitoring of Advances
Preparation of Payroll
Remittance of Pension deductions
Liaising with Pension Fund Administrators

Student Accounts & Bank Reconciliation

Unit Head        Mrs. Patience O. Saliu ACA    Senior Accountant                   Ext. 2414
This Unit is responsible for: -
Fees Collection
Keeping Students Fee payment history
Monthly Bank Reconciliation
Weekly Cash Position Reports

Budget & Final Accounts

Unit Head        Mrs. Adesola O. Okunola ACA         Senior Accountant             Ext.2437
This Unit is responsible for: -
Expenditure Control
Preparation of Monthly and Quarterly Vote Balances.
Coding of Vouchers for Posting
Preparation of General Ledger

Stores & Purchasing

Unit Head        Mrs. Victoria A. Agboola        Store Officer   Ext.2420
This Unit is responsible for: -
Keeping stock and issuing: -
Stationery,
Computer consumables,
Plumbing, Electrical & Carpentry Spares
Purchasing goods for all departments in the University Keeping Inventory of all movable assets