Financial Affairs Department
The department consists of exchange division, records division, the investment plan division, financial planning division, the fund Secretariat division, equipment division Salaries division’ mail division, in addition to the higher education fund accounts, the accounts of evening studies and students’ aids fund accounts.
The most important work by the finance department is preparing the allocation of the university’s budget and following-up that each year, obtaining the private central funding university monthly in coordination with the Ministry of Finance, financing the colleges’ budgets each month, supervising the accounting records and preparing balances & monthly statements then sent them to the Ministry of Finance and the Ministry of Higher Education.
The financial department is providing financial advice to the presidency of the university and presenting proposals that serve the development of the section’s work the department also preparing the final accounts and sent it to the Board of Supreme Audit and the Finance Ministry on schedule, paying the payments of university contributions to the international organizations and foreign federations, organizing exchange documents and instruments and save files of expenses, organizing payroll of staff landlords and implementation of bonuses and promotions and increases in salaries, organizing the payroll for the staff of the university , temporary
staff and issued their official orders,
The department is also concerned with answering both the BSA and Office of the Inspector General reports, organizing monthly advance payment ,deposit ,expenses and income tables on current and investment budget for the presidency of the university as well as unifying (advance payment ,deposit ,expenses and income) for all formations of the university and sent them monthly to the Finance and Higher Education ministries and scientific research, at last preparing the transferring for transferred staff and newly employees to and from the university then following -up these changes with the Ministry of Finance.
Equipment Division provides the administrative and scientific departments of the university presidency with the necessary accessories for computers and equipment ,electrical equipment and papers supplies and all furniture needs, follow-up and match receipts with store’s bonds issued by section, ordering purchase of stores materials as a credit stores bought from local markets and preparing them for the university departments , archiving books and all bills electronically Note that the division was recently attached to the financial department.
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