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The University Bursar


Olusegun Samuel AJEIGBE

Welcome to the office of the University Bursar

Welcome to Elizade University Bursary Department, the department is responsible for the management of the university’s financial activities and is headed by the Bursar. With the aim of helping the University achieve its goals and objectives, the department performs strategic advisory role to the Council, Board of Trustee and Management of the University. Other functions of the department include but not limited to:

  •  Develop and implement manual and computerized accounting and financial management system and procedure as well as control system. 
  • Timely preparation and presentation of an IFRS compliance periodic financial statement and other routine reports of the University.
  • Safeguard and keep proper records of all assets of the University. 
  • Ensure effective execution of the annual audit of the University’s financial record. 
  • Monitor and ensure the efficient and effective management of Property Plant and Equipment (PPE), Working Capital, Receivables and Payables of the University. 
  • Monitor funds received from donors and other agencies to ensure they are judiciously utilized for specified purposes. 
  • Annual capital and recurrent budget preparation budget monitoring and control activities.
  • Supervise the activities of business venture established by the University. 
  • Maintain and manage the University’s investment portfolio. In order to achieve the above functions effectively, the bursary department of Elizade University is structured into the following units: •
  • Final Account and Reports Unit.
  • Budget and Budgetary Control Unit 
  • Payroll/Salary Unit.
  • Student Accounts Unit
  • Procurement Unit
  • Stores Unit
  • Treasury/Finance Unit.