Department Profile
DIAT (DU) is funded by DRDO in the form of Grants-in-Aid.·DIAT (DU) also generates revenue by taking up sponsored projects and training courses. The importance of Finance Office in DIAT (DU) is to effectively interact with all the Departments of the University, evaluate the Departmental Activities in terms of their financial needs, review the requirements in appropriate committees, co-ordinate with the DRDO Head Quarters for the sanction of funds, render the Costing/Financial Assistance to generate Internal Resources, control the Resources by way of Procedural compliance & Budget regulations, undertake Financial Review Mechanism to correlate the progress of Activities/Work with the Estimates, ascertain the prospects of the completion of the Projects in time, support a reasonably high standard of Public Financial Morality by applying the Cannons of Proprietary and the Principles of Regularity in the scrutiny of Financial Transactions, protect the Financial Interests of the University by effecting proper recovery of the University/Government dues and its settlement through proper and timely remittances to the concerned Authorities, compile the Expenditure/Receipts through proper Journal’s, Broad-sheets, Ledgers and other Books of Account, provide Financial Information to the Management and the Government at prescribed intervals of time in regular formats, bring out the Final Accounts in various formats, get them audited in time by Statutory Auditors, ensure its submission to Government through authorized Committees/Bodies, Co-ordinate with Auditors and the Departments to achieve compliance with regard to Audit Observations etc.

Duties and Responsibility of University Finance Officer:

  • Financial Advisor
  • Custody and utilization of funds
  • Preparation of budget and budgetary control
  • Preparation of accounts of the University
  • Audit of accounts
  • Financial systems and procedures followed in the University
  • Member secretary of the Finance Committee
  • Member of the Executive Committee
  • Administrative/Financial powers delegated by the University
  • Assisted by an Accounts/Technical Officer, Internal Audit Officer, Office Assistants etc.,

As per approved financial regulations of DIAT (DU), Internal Audit Mechanism of DIAT (DU) has to be devised in accordance with the general principles and standards of Audit by Finance Officer. Internal Audit would be carried out by Internal Audit Officer reporting to Finance Officer. External audit shall be conducted by the C&AG of India (Represented by the Director of Audit, Defence Services, Southern Command, Pune). Accounts audited/certified by the company of Chartered Accountants nominated by C&AG are presented to the Finance Committee Chaired by Vice Chancellor for its approval. The accounts of DIAT have been audited by M/S Marathe Padhye & Athalye, Chartered Accounts, Pune for the period 2009-10.

Bankers of DIAT (DU):
State Bank of India, Girinagar Branch, Pune 411 025
Axis Bank, Kothrud Branch, Pune 411 029

Information to payees
As per fuidelines of Central Vigilance Commision, DIAT (DU) has adopted System of EFTS (Electronic Fund Transfer System). Suppliers, Consultants, Vendors wishing to receive payment by Electronic Fund Transfer System should furnish EFTS option form to Department of Finance, DIAT (DU) or to the respective Departments of DIAT (DU) from whom they receive orders.

Name of the Staff Members Designation Qualification Experience Telephone No.
Mrs. CA Dr Vidya Kisan Gargote Finance Officer M.Com
Chartered Accountant
Ph.D in Financial Management of the Universities in Maharashtra – A Case Study of University of Pune
Over 28 years of experience in Administration, Audit and Financial Management in corporate sector and Educational Institutes especially Universities.
Contribution in various committees from the financial management point of view in Central/State government and Educational Institutes.
020 2430 4043

Administrative Staff Members:

Name of the Staff Designation Telephone No.
Mr. Hiren Thacker Superintendent (Fin) 2430 4046
Ms.Shweta A Shete Assistant 2430 4043
Mr. D A Gudadhe Assistant 2430 4045
Mr. Akhula Sridhar Sr. Assistant 2430 4045
Mr. Raj Kumar Ekka Assistant 2430 4045
Mr. Riyaz Damate Assistant 2430 4045
Mr. Kedar S Wani Assistant 2430 4047