Finance Division
Introduction Finance Division
The Finance Division of the Buddhist and Pali University of Sri Lanka plays a crucial role in ensuring the effective financial management and long-term sustainability of the University. As the central body responsible for all financial operations, the Division oversees key functions such as budgeting, accounting, financial planning, investment management, procurement, and the efficient allocation of resources to support both academic and administrative activities.
Dedicated to upholding principles of transparency and accountability, the Finance Division manages the collection of fees, disbursement of funds, preparation of financial reports, and ensures compliance with government regulations and University policies. By delivering accurate financial information and strategic financial guidance, the Division actively supports the University’s mission to produce skilled Buddhist missionaries and scholars who can effectively propagate the Dhamma.
Vision and Mission
Vision
“To be a model of financial excellence and integrity, fostering the sustainable growth of Buddhist and Pali University by upholding principles of transparency, accountability and compassionate stewardship in managing resources, in harmony with Buddhist values.“
Mission
“To provide efficient, transparent and accountable financial services that support the academic and administrative functions of Buddhist and Pali University, we strive to ensure the responsible management of resources, facilitate sound financial planning and contribute to the University’s mission.“
Services
Budget preparation and Management
- Prepare Annual Budgets for University, Faculties, Departments etc
- Monitor expenditure against budgets and prepare variance reports
Financial Reporting
- Prepare periodic financial statements for government Audit, Internal management and external stakeholders
Income & Expenditure administration
- Manage students fee collection
- Oversee scholarship, Bursary etc
- Income & expenditure recording & controlling
- Making on time payments.
Payroll Management
- Process salaries and wages for academic and non- academic staff
- Handle statutory deductions and contribution EPF/ETF/ Taxes
Stores and supplies
- Process purchase orders, handle procurement with procurement guidelines
- Maintain stores
Fund Management
- Maintain several University Funds
Internal Controls and Compliance
- Develop and enforce financial policies and procedures
- Facilitate internal and external Audits
Advisory Services
- Provide financial guidance to university management, faculties, and projects for informed decision- making
Banking and treasury Operations
- Manage University bank accounts, cash flow and investments
Tax Administration & comply with tax laws & regulations.
Control, Administer & Manage Employee Provident Fund.
Staff
Mr. M.A.V.S. Gunawardhana
Designation: Bursar
Official Telephone: +9411 2 892 332, Ext: 1138
Personal Telephone: +94 77 350 1201
Email Address: sumedha@bpu.ac.lk
Mrs. H.A.P.P. Karunarathna
Designation: Deputy Bursar
Official Telephone: +94112 857 786, Ext: 1138
Email Address: poornimak@bpu.ac.lk
Finance (Faculty of Post Graduate Studies & External Exam )
Contact Details
Telephone: +9411 2 892 332
email: finance@bpu.ac.lk