I. Function

The department is responsible for managing finance and assisting the university board of managers in managing, allocating and supervising the proper usage of money for either short-term and long-term projects or financial transactions of Ho Chi Minh City of Transport according to Vietnamese Government’s Regulations

 II. Tasks:

Basing on the targets, the plan of the university and other relevant  financial regulations, the Department of Planning and Finance shall assisting the President in creating and protect the long-term and short-term financial projects, making the periodical plan and other projects relating to the budget for training, education, basic construction and scientific research;

Department of Planning and Finance is responsible for assisting the President in managing the budget of the university and making the financial plan in accordance with the Vietnamese Government’s Regulations;

Making the plan for financial distributions which are used to support the operations of the units in the university, the targeted programs of the university and other expenses;

The department is also accountable for paying salaries, scholarships and other expenses to the officials, staff and student;

Managing the accounting documents and other responsibilties relating to the accounting and budget;

Having the plan of periodical or accidental audit of all the operations of the units in the university; instructing all the relevant personnels in the accounting affairs;

Supervising the implementation and using of all the budget, facilities, funds in training, education, basic construction and scientific research;

Coordinating with the Equipment Management Department and related units to establish the committee for property liquidations;

Coordinating with the Equipment Management Department to approve and implementing the purchase of new equipments, machine and carry out the relevant procedures;

Coordinating with the Personnel Department to organize legal bids;

Coordinating with the Project Management Unit to design, approve and implement the construction of facilities;

Making document records about the budget;

Paying the salaries, scholarships and other living expenses to the staff of the university;

Monthky checking the lists given by the departments in the university to immediately adjust the salaies of the staff.