Administration Manual - B.E.S.T. Undertaking.

disbursement, investment of surplus funds including the disbursement/investment of
Provident Fund monies.
3) Budget Department :-
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Preparation of annual revenue and capital budget, preparation of monthly
reports on the actual performance of the Undertaking for reporting to Management.
4) Timekeeping Department :-
To record the attendance of the staff of the Undertaking
and leave record of the entire staff through depot level
Time Keeping Offices, work of Income Tax Deduction at
Source from the salary payment, submission of various
information to the Government and other organisations,
Preparation of Salary/Wages advices to EDP
Department for salary/wages payment, final dues
settlement of retired employees.
5) Provident Fund Department :-
Maintains records of Provident Fund and
related records like Nomination of all the members of the
Undertaking, Processing of applications for
refundable/non-refundable advance from various Provident
Fund members, Processing of cases for payment of
pension with R.P.F.C under Government Pension Scheme
1995, Settlement of Gratuity claims and P.F settlement
of retired employees.
Therefore, C.A.O & F.A has to supervise all the
above departments and ensure that they carry out the
activities/functions listed above as per the procedure and
guidelines adopted by the Management from time to time.
In addition to these functions CAO & FA is also a member
of a Tender Committee and in this process he becomes a
part of decision making process for procurement of material.
Being head of Finance Department in addition to above