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

Heads of Departments for comments or remedial action as
the case may be.
4) excercise control in accounting the various financial transactions.
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5) assist in : i) preparation of Budgets (Revenue and capital) according to
Statutory requirement; ii) preparation of Establishment Schedule according to
programme laid down;
6) assist Chief Accounts Officer in financial planning, investment of surplus
funds, examination of proposal regarding capital expenditure for buses, construction
of depots, additional receiving station etc.
7) visit various divisional Time Offices of the Accounts Branch to ensure that the
work to carried out within the set time and according to procedural rules framed
from time to time.
8) deal with complicated cases and give guidance to the departmental heads/
officers of the Accounts Branch working under him in various aspects
including queries received from Internal Auditor and Municipal Chief Auditor.
9) assist the Chief Accounts Officer & FA in the matter of coordination between
Accounts Branch and various other departments of the Undertaking.
10) any other duties that may be assigned by the Chief Accounts Officer from time
to time.
A.C.A.O.:
The post of ACAO is very vital in the day to day
functioning of the Accounts Department. ACAO provides
various data to CAO & FA in taking important decisions
regarding the financial matters, for raising of loan from
Private Sector, lease finance, the world Bank project, etc.
The term loan finance with Bank of Punjab and the
project of Optic Fibre Cable Network with TATA Power
Company is in the final stage. Besides the ACAO keeps
overall control regarding the work of closing of accounts,
preparing monthly abstracts, reconciliation of accounts,
etc. In the absence of CAO & FA, ACAO is required to
attend the other assignments in day to day working given
by CAO&FA. The Assistance Chief Accounts Officers has
to ensure that the work of Accounts Dept. is carried out