Functions and Services

Planning

  1. To assist the autonomous universities (AUs) in the preparation of various planning documents, e.g. budget
  1. To coordinate the autonomous universities (AUs)in defining longer-term strategic plans of initiatives

Budgeting

  1. To prepare the budget proposal to be submitted to the National Government consistent with the plans formulated by the autonomous universities and units/offices attached to the Office of the President
  1. To work for the release of funds to the University by the National Government
  1. To assist in the preparation of the Internal Operating Budget for BOR approval consistent with plans formulated by the AUs and other units.
  1. To serve as Chair of the finance Committee. The Finance Committee shall have the following functions:
  • Formulate policies for allocation of funds to AUs that are generated from the national government, from income and from other sources
  • To formulate and recommend policies for re-programming of savings of AUs.
  • To formulate and recommend policies regarding student’s fees.
  • To monitor and coordinate budget activities of all autonomous universities.

Treasury and Cash Management

  1. To supervise the Cashier’s Office in their performance of Cash Operations
  2. To serve as Chair of the Income and Investment Committee
  3. To perform portfolio management functions for system funds

Controllership

  1. To supervise the system accounting office in their performance of financial accounting function.
  2. To supervise the accounting office ‘in their performance of Management Accounting function.
  3. To develop and maintain the internal control system of the university.
  4. To develop, maintain and regularly review a system-wide database for planning.

Frontline Service

Document for Process_OVPPF