NCCU Finance Office: Stewarding Resources and Ensuring Compliance

The Finance Office at National Chengchi University (NCCU) plays a critical role in managing the institution’s financial resources, ensuring regulatory compliance, and supporting the university’s academic and operational goals. It serves as the central hub for all financial transactions, overseeing budgeting, accounting, auditing, procurement, and asset management.

A core function of the Finance Office is budget planning and execution. Working collaboratively with various departments and colleges, the office assists in developing annual budgets that align with NCCU’s strategic plan. This involves forecasting revenues, allocating resources based on institutional priorities, and monitoring expenditures throughout the fiscal year. The team diligently tracks financial performance against budgeted targets and provides regular reports to university leadership.

Beyond budgeting, the Finance Office is responsible for maintaining accurate and transparent financial records. This includes processing payments, managing accounts receivable and payable, and preparing financial statements in accordance with generally accepted accounting principles. The office adheres to strict internal controls to safeguard assets and prevent fraud. Regular internal audits are conducted to ensure compliance with university policies and relevant regulations.

Procurement is another significant area of responsibility. The Finance Office oversees the procurement of goods and services needed by the university, ensuring that all purchases are made in a fair, transparent, and cost-effective manner. They manage the tendering process, negotiate contracts with vendors, and monitor supplier performance. Adherence to government procurement regulations is paramount.

The office also handles the management of university assets, including buildings, equipment, and investments. This involves maintaining an inventory of assets, tracking depreciation, and ensuring proper insurance coverage. The team works closely with other departments to ensure that assets are used efficiently and effectively.

The Finance Office plays a vital role in supporting research activities at NCCU. They assist faculty members with managing research grants and contracts, ensuring compliance with funding agency requirements. The team provides guidance on budgeting, accounting, and reporting for research projects.

Furthermore, the Finance Office is committed to providing excellent customer service to students, faculty, and staff. They address inquiries related to tuition fees, scholarships, payroll, and other financial matters. The office continuously strives to improve its processes and systems to enhance efficiency and responsiveness.

In conclusion, the NCCU Finance Office is an indispensable part of the university, ensuring sound financial management, regulatory compliance, and efficient resource allocation. Through its expertise and dedication, the office contributes significantly to the university’s overall success and its ability to fulfill its mission of education, research, and public service.