Accounts & Finance Division
Functions of ACFD
Opening Statement
The Accounts and Finance Division was established to manage the financial affairs of the University. Headed by Tawfiqur Rahman, Additional Director with twelve staff who amongst other things handle accounts & investment, payroll, payments, loans, contracts & supplies, budget, treasury and computers. The Division is striving for a Total Quality Management (TQM) and to adapt the approach of a learning organization in the way for excellence.
Mission Statement
To offer quality and excellent services to client’ satisfaction, in line with the IIUC’s vision and mission.
Our Objectives
- To plan the University’s finances at macro and micro level in efforts to reduce Government dependency
- To manage the University’s finances effectively and efficiently within the allocated budget and in accordance with the University’s Financial Policies and Procedures.
- To offer expertise, advice and assistance in the University’s decision and policy making in matters relating to finance and accounting.
- To prepare and submit timely financial reports and statements to the relevant authorities as required by the Executive Council (EC) of IIUC, the University Grants Commission (UGC), Government’s orders and circulars, acts and bylaws.
- To integrate and practice Islamic Financial Systems (IFC), management and concepts in the University’s financial system complying with International Accounting Standards (IAS), Generally Accepted Accounting Policies (GAAP) and International Financial Reporting System (IFRS).
Office of the Director
- Accounts Unit
- Student Financial Information Unit
- Payroll Unit
- Provident Fund Unit
- Assets Management Unit
- Share & Project Investment Unit
- Credit Control Unit
- Cash Management Unit
- Budget & Budgetary Control Unit
- Contract and Supply Unit
- IT and Accounting Resources Unit
Operational Activities of Accounts & Finance Division
Account Unit
- Preparation of Financial Statements
- Managing the various University’s Fund
- Managing staff Financing Facilities (Loans)
- Managing credit control & disbursements
- Managing collections of donations
Students Financial information Unit
- Disbursement of stipend and scholarships
- Disbursement of financial loans
- Dealing with sponsors
- Collections of student fees
- Other financial information
Payroll Unit
- Preparation of monthly salary and other allowances
- Processing of deductions of various loan to staffs
- Income Tax
Provident Fund Unit
- Preparation of monthly provident fund statement
- Processing of deductions of various loan to staffs
- Investment of accumulated PF fund
Assets Management Unit
- Management of ASSETS
- Monitoring and ensuring safeguard of Assets
- Depreciation and maintenance of Assets Register
Budget and Budgetary Control Unit
- Secretariat for Standing Finance Committee
- Register annual budget
- Monitoring budget performance
Contract and Supply Unit
- Secretariat for Tender Board.
- Managing procurements, quotations and tenders
IT and Accounting Resources
- Accounting Software
- Payroll Software
- Provident Fund Software
- Student Financial Information Software
- Assets Management Software
- Upholding MIS
List of Employees of ACFD
SL | Name | Designation | Contact | |
---|---|---|---|---|
1 | A. K. M. Asaduzzaman | Director (in-charge) | 01720012829 | |
2 | Mrs. Fahmida Amin | Deputy Director, Female Academic Zone | Mobile: 01733-973584 | fahamidaamin@yahoo.com |
3 | Mr. Joynul Abedin | Snr. Assistant Director | Mobile: 01827-366629 | abedinscare@yahoo.com |
4 | Mr. Nurul Absar | Snr. Assistant Director | 01832-376555 | |
5 | Mr. Md. Rabiul Hossain | Asst. Director, Student Section | Mobile: 01814-481847 | |
6 | Mr. Md. Nazrul Islam | Asst. Director | Mobile: 01843-805422 | nazrul.acc84@gmail.com |
7 | Mr. Mohammad Iasin Abu Hasan | Asst. Director | Mobile: 01811-202044 | iasinctg@yahoo.com |
8 | Mst. Naieema Akter | Admin Assistant, Student Section (FAZ) | Mobile: 01720-811859 | |
9 | Mr. Syed Zamshedul Alam | Admin Assistant | Mobile: 01521-533760 |