Bursary Department

History of the Department

The Bursary Department of Rivers State University was established in 1980 following the establishment of the Rivers State University of Science and Technology on August 6, 1980. Like other Departments of the University, the Bursary Department inherited the staff and structure of the College of Science and Technology – the predecessor of the University (which was established in 1970).

The Bursary Department is primarily responsible for maintaining financial records, rendering financial services and managing the financial resources of the University through the efficient application of Accounting Standards and Principles as well as best practices.

Bursary Department

Administrative Procedures within the Department

The Bursar is responsible for the effective functioning of each division within the Bursary Department as was highlighted in the preceding section. Each division has units within it, each unit has a head who is responsible for the operations of the unit and reports to the Bursar. The administrative procedures are summarized as follows:

For payment of transactions

the Bursar receives approval from the Vice-Chancellor and directs the advances unit to raise payment vouchers before payments are effected. Vouchers raised are normally returned to the Bursar for verification and authentication before the vouchers are thereafter sent to the audit unit for vetting, and the voucher budgeted by the budget division and returned to the Bursar for final directive on payment. Based on the Bursar’s final directive, the cheque unit effects payments.

In respect of budget operations

the Bursar will, through the Budget Division, at the end or beginning of every year, request all heads of various functional arms of the University to forward budgetary estimates for the next fiscal year. Submitted estimates are considered by the budget committee, with the Budget Division of the Bursary Department acting as the coordinating body. Based on the estimates submitted by the various functional arms of the University and considered by the budget committee, the Budget Division prepares the budget for the University and the Bursar transmits same to the University Council for approval. The Budget Division controls, monitors the implementation of the budget and reports variances to the Bursar.

In respect of budget operations

In respect of salary payment vouchers

monthly nominal rolls are received by the Bursar from the Establishment Unit within the Registry Department. The Bursar examines the nominal roll and forwards same to the personnel emolument unit for use in the preparation of salary payment voucher – which is then forwarded to the state government for salary payment.

In respect of student’s engagement with the University

The Students Account Unit obtains the list of admitted students from the admissions unit within the Registry Department through the Bursar, maintains records of all students and updates same when payments such as school fees are made.

Salary/purchase advances/imprest

All request for salary advances, purchase advances as well as imprest are forwarded to the Vice Chancellor before its received by the Bursar for advice and transmitted back to the vice-chancellor for approval, the Bursar directs the Advances Unit to account for and monitor recovery of the sums advanced and imprest retired.

Financial reports

The recording of financial transactions of the University is coordinated by the Final Account Unit. The unit obtains, on a daily basis, supporting documentation and reports from all units within the Bursary Department that process financial transactions, analyzes same and generate management and financial reports for the University.

ORGANOGRAM OF THE DEPARTMENT

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Staff List

Duties/Responsibilities of the Department

The Bursary Department specifically performs the following functions:

Receipt of inflows for the sustenance and development of the University.
Maintenance of accounts and financial records of the University, staff and students.
Payments and settlement of the university’s commitments on a timely basis.
Preparation of Management Accounts for internal decision making and Financial Statements in line with International Public Sector Accounting Standards.
Administration of the University taxes in relation to contractors and staff.
Banking transaction handling and relationship management.
Management and recording of cash and stock.
Administration of staff emoluments including the management of staff loans and advances.
Fixed assets accounting and insurance of fixed assets.
Preparation of budgets, implementation of budgetary controls as well as variance analysis.

Previous Bursars of the University.

DR GIFT O. EKE

Bursar

Dr. Gift Onyinye Eke has been appointed as the Bursar the Rivers State University, Nkpolu-Oroworukwo, Port Harcourt, with effect from 28th October, 2024. He was employed into the services of the University as Accountant I and rose through the ranks to a Deputy Bursar, before his elevation to the position of a Bursar.

Dr. Gift O. Eke holds a Bachelor of Science in Accountancy, a Master of Business Administration in Management, a Master of Science in Accounting and a Doctorate degree in Accounting.

Dr. Gift O. Eke, is a Fellow of the Institute of Chartered Accountants of Nigeria, (FCA); Fellow of (ACCSA, USA), (FCCSA, USA); Certified Management Consultant (CMC); Associate of the Chartered Institute of Taxation, Nigeria; Associate of the Association of Chartered System Association USA (CSA, USA) and member, Association of the Institution of Chartered Accountants of Nigeria, (ACA).

Dr. Gift O. Eke attended the following Educational Institutions: Army Children School, Bori Camp, Port Harcourt, (1983-1989) Army Day Secondary School Zamani Lekwot Cantonment, Bori Camp, Port Harcourt; (1989/1990-1994/1995); Rivers State University of Science and Technology, (1998-2002); Rivers State University of Science and Technology, (2004-2007); Rivers State University (2015-2017) and University of Uyo, (2014-2020).

The Structure Of The Department

The Bursary Department as the Financial Hub of the University and is headed by the Bursar who is the Chief Accounting Officer of the University. The bursar is responsible to the Vice-Chancellor (V.C) for the day-to-day administration and control of financial affairs of the University. The Bursary Department has over the years, operated through six (6) divisions, with each division having functional units under it, as shown in the Organizational Chart below. The divisions are:

Stores: Responsible for receipt and issue of items of inventory, while maintaining records of store value at any given period of time.
Treasury Division: The treasury division is mainly responsible for disbursement and management and consists of the following units;
Cheque Unit: Responsible for processing all approved expenditures through cash or cheque payments.
Advances Unit: Responsible for accounting for all staff loans and advances, leave and mileage claims, imprest as well as bonus claims.
Personnel Emolument Unit (PE): Responsible for maintaining records pertaining to staff remuneration, entitlements, allowances, and deductions.
Budget and control Division: The division is responsible for preparation of budgetary estimates, cost control, standard costing and variance analysis. The division also assists the bursar and the university in setting financial targets and in monitoring actual performance to ensure that the set targets are achieved as well as expenditure control.
Revenue Division: The revenue division is mainly responsible for maintaining records of all students and financial transactions between students and the university. They are also responsible for the generation of revenue for clearance of fresh and graduating students, transcript and certificate verifications.
Auxiliary Division: This division is responsible for maintaining accounting records for projects, the RSU Business Shopping Centre as well as International Secondary School and Staff School. The division also prepares financial reports and transmits to the final accounts division which harmonizes the various divisions account and produces the financial report of the university.
Faculties/Centers Division: This division is responsible for maintaining all finance functions within the Faculties and Centers. This would include recording of all revenue inflows attributable to the Faculties or Centers, recording of all approved expenditures within the Faculties or Centers, maintenance of all bank accounts of the same, budget and control functions within the Faculties and Centers.

Achievements of the Department

Computerized the preparation of payment vouchers, thereby eliminating the use of manual payment vouchers and the costs associated with printing payment voucher booklets.
Up to date audited financial report, Regular and timely financial reports to management and council.
Implementation of International Public Sector Accounting Standards (IPSAS) in the preparation of Financial Statements.
The Department has adopted an automated method for payment of monthly Imprest to the various Departments and Faculties which initiates the process of request for Imprest automatically at the end of each month.

Prospects of the Department

The Bursary Department is gearing towards greater heights in accounting profession especially now that the globe is saddled with circumstances that affects physical office work. The Department is seeking to pitch its tent with the best practices that can ever be found in any world class tertiary institution.

Upcoming Events

Forensic Training for staff.
Seminar to acquaint new staff with the rudiments of the job.
Annual staff refreshment course.
Inter Unit football match.

Staffs

Staff of Bursary Department
Name	Role	Rank / designation	Area of expertise	Email
Abadi, James Patricia	ACCOUNTANT 1	ACCOUNTANT 1	—	[email protected]
Abo Awoala Alaiyi	PRINCIPAL ACCOUNTANT	PRINCIPAL ACCOUNTANT	—	[email protected]
Abowei Unity Natarman	CHIEF ACCOUNTANT	CHIEF ACCOUNTANT	—	[email protected]
Ahiakwo, Emmanuel Nwaobiohuru	EXECUTIVE OFFICER ADMIN.	EXECUTIVE OFFICER ADMIN.	—	[email protected]
Ahiauzu, Eze	ACCOUNTANT II	ACCOUNTANT II	—	[email protected]
Alali, Ethel	PRIN. EXEC. OFFR	PRIN. EXEC. OFFR	—	[email protected]
Alali-Braide, Angela	CHIEF ACCOUNTANT	CHIEF ACCOUNTANT	—	[email protected]
Amachree, Abiye A	ACCOUNTANT II	ACCOUNTANT II	—	[email protected]
Amadi, Chizi Destiny	ACCOUNTANT 1	ACCOUNTANT 1	—	[email protected]
Amaechi, Edna Onyedikachi	PRINCIPAL EXEC. OFFR (ACCOUNTS)	PRINCIPAL EXEC. OFFR (ACCOUNTS)	—	[email protected]
Baakee, N. Sonny	CHIEF ACCOUNTANT	CHIEF ACCOUNTANT	—	[email protected]
Barango, Favour Tamuno-Otonye	ACCOUNTS OFFR II	ACCOUNTS OFFR II	—	[email protected]
Belgeni Promise Barinadah	ACCOUNTANT 1	ACCOUNTANT	—	[email protected]
Biranwi, Joy Ada	DEP. CHIEF EXEC. OFFR. (ACCTS.)	DEP. CHIEF EXEC. OFFR. (ACCTS.)	—	[email protected]
Boisa, Prudence Tima	CLERICAL OFFICER	CLERICAL OFFICER	—	[email protected]
Chimeganum, Chinwo George	ACCOUNTANT I	ACCOUNTANT I	—	[email protected]
Chimene Wordu	ASST. SECURITY OFFR.	ASST. SECURITY OFFR.	—	—
Chuku, Ukehinakachi	PRINCIPAL ACCOUNTANT	PRINCIPAL ACCOUNTANT	—	[email protected]
Douglas, Asitonka Marylyn	ASSIST. CHIEF EXEC. OFFR (ACCOUNTS)	ASSIST. CHIEF EXEC. OFFR (ACCOUNTS)	—	[email protected]
Dr. Gift O. Eke	BURSAR	Accountant	—	[email protected]
Dumde Nenubari Kpoobari	ACCOUNTANT I	ACCOUNTANT I	—	[email protected]
Echeonwu, Bob Prince	ACCOUNTANT II	ACCOUNTANT II	—	[email protected]
Egwurugwu, Omasirichi	ACCOUNTANT II	ACCOUNTANT II	—	[email protected]
Eke, Gift Onyinye	PRINCIPAL ACCOUNTANT	PRINCIPAL ACCOUNTANT	—	[email protected]
Eleonu Chukwuemeka	ACCOUNTANT II	FACULTY ACCOUNTANT	—	[email protected]
Emberru Chinyere Princess	HIGHER EXEC. OFFR (ACCOUNTS)	HIGHER EXEC. OFFR (ACCOUNTS)	—	—
Enyindah, Gift	HIGHER EXEC. OFFR (ACCTS)	HIGHER EXEC. OFFR (ACCTS)	—	[email protected]
Eyikpu, Patricia	DEPUTY CHIEF EXEC. OFFR. (ACCOUNTS)	DEPUTY CHIEF EXEC. OFFR. (ACCOUNTS)	—	[email protected]
Gbarakoro, Neka-Oloo S	PRINCIPAL ACCOUNTANT	PRINCIPAL ACCOUNTANT	—	—
Giami, Dinebari	ASSIST. CHIEF TRANSPORT SUPERVISOR	ASSIST. CHIEF TRANSPORT SUPERVISOR	—	[email protected]
Goodluck, Lezongia C	PRINCIPAL ACCOUNTANT	PRINCIPAL ACCOUNTANT	—	—
Ibiabuo Tammy Kingsley	HIGHER EXEC. OFFR (ACCTS)	Higher Executive Officer (Account)	—	[email protected]
Igwe, Akorpeazu Prince	PRIN. EXEC. OFFR II	PRIN. EXEC. OFFR II	—	[email protected]
Igwe, Doris Nwanyinma	ACCOUNTANT II	ACCOUNTANT II	—	[email protected]
Ihunna, Austin C	PRIN. EXEC. OFFR	PRIN. EXEC. OFFR	—	[email protected]
Ihunwo Sonia	ACCOUNTANT II	ACCOUNTANT II	—	[email protected]
Imaonyani Gloria Omieabe Lucas	DATA OFFICER	DATA OFFICER	—	[email protected]
Isokariari, E. Damiete	PRIN. ACCOUNTANT	PRIN. ACCOUNTANT	—	[email protected]
Kasi, U. Igwe	PRINCIPAL ACCOUNTANT	PRINCIPAL ACCOUNTANT	—	[email protected]
Kejeh, Benedictine I. E	CEO/ACCTS	CEO/ACCTS	—	[email protected]
Membere, Faith Fabiaye	PRINCIPAL EXEC. OFFR. (ACCTS)	PRINCIPAL EXEC. OFFR. (ACCTS)	—	[email protected]
Mgboma, John V	PRIN. EXEC. OFFR (ACCT.)	PRIN. EXEC. OFFR (ACCT.)	—	[email protected]
Nadum-Baadoo, Gloria	PRINCIPAL ACCOUNTANT	PRINCIPAL ACCOUNTANT	—	[email protected]
Ndee-Ue, Raymond Doctor	PRINCIPAL EXEC. OFFR. (ACCOUNTS)	PRINCIPAL EXEC. OFFR. (ACCOUNTS)	—	[email protected]
Neeuweh, Apollos D	DEPUTY BURSAR	Deputy Bursar	—	[email protected]
Nkwo, Joy Elemchuku	CHIEF ACCOUNTANT	CHIEF ACCOUNTANT	—	[email protected]
Nnyeche, Theresa Chidinma	PRINCIPAL CONF. SECRETARY II	PRINCIPAL CONF. SECRETARY II	—	[email protected]
Nwogu Adaku	PRINCIPAL EXEC. OFFR. (ACCOUNTS)	PRINCIPAL EXEC. OFFR. (ACCOUNTS)	—	[email protected]
Nwosu, Rose Yeyeda	DEPUTY BURSAR	DEPUTY BURSAR	—	[email protected]
Obiene, Omoni	PRINCIPAL EXEC. OFFR. (ACCOUNTS)	PRINCIPAL EXEC. OFFR. (ACCOUNTS)	—	[email protected]
Obimba, Nnenna Nkechinyere	CHIEF EXEC. OFFR (ACCT.)	CHIEF EXEC. OFFR (ACCT.)	—	[email protected]
Odimabo Soibitebobo	ACCOUNTANT I	ACCOUNTANT I	—	[email protected]
Ohaka, Chizindu	ACCOUNTANT II	Accounting II	—	[email protected]
Okoro, Victoria Ebere	ACCOUNTANT I	ACCOUNTANT I	—	[email protected]
Okpoli, Ndidi	HIGHER EXEC. OFFR (ACCTS)	HIGHER EXEC. OFFR (ACCTS)	—	[email protected]
Okwu Grace Ahuruele	PRIN. CONF. SEC. I	PRIN. CONF. SEC. I	—	[email protected]
Olaka, Abel Joe	CHIEF EXEC. OFFR (ACCT.)	CHIEF EXEC. OFFR (ACCT.)	—	[email protected]
Omereji Charity	ACCOUNTANT II	ACCOUNTANT II	—	—
Onyemachi, Joyce Eberechukwu	ACCOUNTANT II	ACCOUNTANT II	—	[email protected]
Orlu, Rising Ezekiel	PRIN. STORE OFFR.	PRIN. STORE OFFR.	—	[email protected]
Oru, Idiami Godson	SECURITY OFFICER	SECURITY OFFICER	—	[email protected]
Osarokote, Rolines	EXECUTIVE OFFICER (ACCTS)	EXECUTIVE OFFICER (ACCTS)	—	[email protected]
Sambol, Joy Uloma	PRINCIPAL EXEC. OFFR. (ACCOUNTS)	PRINCIPAL EXEC. OFFR. (ACCOUNTS)	—	[email protected]
Tata Caroline	ACCOUNTANT II	ACCOUNTANT II	—	[email protected]
Ukpai, Telma N	SNR. ACCOUNTANT	SNR. ACCOUNTANT	—	—