Finance Committee

The Finance Committee has been formed in Our College
with the following members:

Composition of Finance Committee

S. No.

NAME

Designation

Position

1 Dr. G. Mohan Kumar Principal Chairman

2 Mr. M. Kandasamy Chief Finance Officer, RVS Educational Trust, Coimbatore Member Secretary

3 Mr. M. Ram Kumar Administrative Officer Member

4 Dr. S.S. Sivaraju Director – IQAC & Professor/EEE Member

5 Dr. K. Karuppasamy Professor & Head/CSE Member

Objectives of the Finance Committee

Financial Planning and Budgeting: Preparing and overseeing the institution’s annual budget.

Resource Allocation: Ensuring proper fund allocation.

Financial Sustainability: Balancing revenue and expenditure.

Compliance and Transparency: Ensuring legal and regulatory compliance.

Financial Risk Management: Monitoring and mitigating financial risks.

Responsibilities and Duties

Budget Preparation and Approval

Monitoring Financial Performance

Expenditure Control

Fund Management

Audit and Financial Reporting

Compliance with Government Regulations

Approval of Fees

Long-term Financial Planning

Functions of the Finance Committee

Advisory Role

Review and Analyze Financial Proposals

Approval of Scholarships and Financial Aid

Monitor Financial Health

Implementation of Cost-saving Measures

Periodic Review of Financial Policies

Stakeholder Communication

Risk Assessment and Mitigation